Vanguard Mortgage-Backed Securities Index Fund ETF Shares

Vanguard · Tracks Bloomberg US MBS Float Adjusted Index · Inception Oct 31, 2013

Expense ratio
0.030%
3.0 bps
Net assets
$17.34B
TTM yield
4.20%
Last price
$46.50
as of Jul 15, 2026

Composite score

89 / 100
Cost 97

Based on a 0.030% expense ratio.

Liquidity 100

Based on $17.34B in net assets.

Concentration 100

Top-10 holdings represent 7.5% of net assets.

Tax efficiency 52

US Aggregate Bond base · ETF wrapper · 4.20% TTM yield.

The composite is a weighted average of the four core sub-scores above (cost, tax efficiency, liquidity, concentration). Missing sub-scores fall back to the per-category median when the category has at least 50% data coverage, so funds without (e.g.) parsed N-PORT holdings aren't accidentally boosted by renormalization. Tracking quality is shown where computable but isn't currently part of the composite weighting. See methodology for formulas, the tracking-quality partial-coverage rationale, and the dimensions we deliberately don't score (methodology v0.5.1).

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Top holdings

5,013 total holdings · as of Feb 28, 2026
#HoldingWeight
1Vanguard Cmt Funds-Vanguard Market Liquidity Fund4.57%
2Ginnie Mae II Pool0.44%
3Fannie Mae or Freddie Mac0.43%
4Fannie Mae or Freddie Mac0.34%
5Fannie Mae or Freddie Mac0.32%
6Ginnie Mae II Pool0.29%
7Freddie Mac Pool0.29%
8Ginnie Mae II Pool0.28%
9Freddie Mac Pool0.27%
10Fannie Mae or Freddie Mac0.26%

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Holdings sourced from SEC Form N-PORT-P (accession 0001021882-26-000290).