SMBS Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETF
Quote as of Oct 23, 2026 20:00 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 24.46 | Day Range | 24.42 – 24.51 |
| 52-Week Range | 23.80 – 26.12 | Volume | 703.32K |
| Avg Volume | 973.07K | AUM | $6.41B (Oct 26, 2026) |
| Expense Ratio | 0.03% | Yield (TTM) | 5.36% |
| NAV | 24.50 | Premium/Discount | -0.33% indicative |
| Inception | Nov 19, 2024 | Holdings | 4,335 |
| Issuer | Schwab | Exchange | AMEX |
| Category | — | Index Tracked | Not stated in source data |
| CUSIP | 808524615 | ISIN | US8085246150 |
| Management | Not stated in source data | ||
About this ETF
SMBS offers representative exposure to US mortgage pass-through securities. The index consists of fixed-rate, investment grade, agency mortgage-backed securities guaranteed by Ginnie Mae, Fannie Mae, and Freddie Mac. The index construction starts by initially grouping individual to-be-announced (TBA) deliverable mortgage-backed securities into pool aggregates based on program, coupon, and vintage. These pool aggregates must have a minimum of $1 billion currently outstanding and a weighted average maturity of at least 1 year to be included in the index. The index constituents are market value-weighted and reconstituted on the last business day of each month.
Description from the fund data provider · profile as of Oct 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.33% | -2.48% | -4.68% | -4.87% | -5.64% | — | — | — | -1.36% |
| Total return | +0.83% | -1.13% | -2.12% | -1.09% | -0.65% | — | — | — | +3.51% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.03% | Annual cost of a $10,000 investment | $3.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 23, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 4,335 holdings stored, 25 shown.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | SSC GOVERNMENT MM GVMXX | GVMXX | 0.49% | 30.69M | $31.0M |
| 2 | GNMA2 30YR 5.00% 11/20/2054 (BBG01NZQMR80) | — | 0.44% | 29.26M | $28.3M |
| 3 | FHLMC 30YR UMBS SUPER 5.50% 10/01/2054… | — | 0.33% | 21.24M | $21.0M |
| 4 | FHLMC 30YR UMBS SUPER 2.50% 01/01/2054… | — | 0.31% | 24.53M | $20.1M |
| 5 | FHLMC 30YR UMBS 5.00% 04/01/2056 (BBG01ZQXS4M7) | — | 0.29% | 19.65M | $18.8M |
| 6 | FHLMC 30YR UMBS SUPER 2.00% 02/01/2052… | — | 0.28% | 23.07M | $18.0M |
| 7 | FNMA 30YR UMBS 2.00% 05/01/2051 (BBG00ZHCZ133) | — | 0.26% | 21.59M | $16.9M |
| 8 | FNMA 30YR UMBS 5.50% 04/01/2053 (BBG01F33L1J9) | — | 0.25% | 16.37M | $16.2M |
| 9 | GNMA2 30YR 5.00% 05/20/2056 (BBG01ZVZ4RL2) | — | 0.25% | 16.89M | $16.2M |
| 10 | FHLMC 30YR UMBS SUPER 2.00% 11/01/2050… | — | 0.24% | 19.66M | $15.4M |
| 11 | GNMA2 30YR 5.00% 01/20/2056 (BBG01XK7V325) | — | 0.24% | 15.86M | $15.3M |
| 12 | FHLMC 30YR UMBS 5.00% 03/01/2056 (BBG01YX6GQM5) | — | 0.23% | 15.57M | $14.9M |
| 13 | GNMA2 30YR 5.00% 07/20/2056 (BBG0218B7LX2) | — | 0.23% | 15.30M | $14.7M |
| 14 | GNMA2 30YR 5.00% 12/20/2055 (BBG01WXTXHP7) | — | 0.22% | 14.88M | $14.3M |
| 15 | FHLMC 30YR UMBS SUPER 2.50% 01/01/2052… | — | 0.21% | 16.22M | $13.4M |
| 16 | GNMA2 30YR 5.50% 06/20/2055 (BBG01SJ8MLF2) | — | 0.20% | 12.87M | $12.8M |
| 17 | GNMA2 30YR 5.00% 04/20/2056 (BBG01Z997ZP0) | — | 0.20% | 13.28M | $12.8M |
| 18 | GNMA2 30YR 5.00% 11/20/2055 (BBG01WCVFMG4) | — | 0.20% | 13.07M | $12.6M |
| 19 | FHLMC 30YR UMBS 5.00% 03/01/2056 (BBG021983ZP0) | — | 0.20% | 12.98M | $12.5M |
| 20 | FHLMC 30YR UMBS SUPER 2.00% 03/01/2051… | — | 0.19% | 15.83M | $12.4M |
| 21 | FHLMC 30YR UMBS SUPER 2.00% 02/01/2051… | — | 0.19% | 15.73M | $12.3M |
| 22 | GNMA2 30YR 5.00% 10/20/2053 (BBG01H70ZSP6) | — | 0.19% | 12.39M | $12.0M |
| 23 | FHLMC 30YR UMBS 6.00% 08/01/2055 (BBG01VH3BJN6) | — | 0.18% | 11.73M | $11.8M |
| 24 | FNMA 30YR UMBS 1.50% 01/01/2051 (BBG00Y2N8VB3) | — | 0.18% | 15.72M | $11.7M |
| 25 | GNMA2 30YR 2.00% 01/20/2051 (BBG00XM8VJ81) | — | 0.18% | 14.75M | $11.7M |
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Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 5.36% | Paid (last 12 months) | $1.3089 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 01, 2026 | Last payment | $0.1134 (Oct 07, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 01, 2026 | Oct 01, 2026 | Oct 07, 2026 | $0.1134 |
| Sep 01, 2026 | Sep 01, 2026 | Sep 08, 2026 | $0.1045 |
| Aug 03, 2026 | Aug 03, 2026 | Aug 07, 2026 | $0.1163 |
| Jul 01, 2026 | Jul 01, 2026 | Jul 08, 2026 | $0.1090 |
| Jun 01, 2026 | Jun 01, 2026 | Jun 05, 2026 | $0.1100 |
| May 01, 2026 | May 01, 2026 | May 07, 2026 | $0.1085 |
| Apr 01, 2026 | Apr 01, 2026 | Apr 08, 2026 | $0.1030 |
| Mar 02, 2026 | Mar 02, 2026 | Mar 06, 2026 | $0.1066 |
| Feb 02, 2026 | Feb 02, 2026 | Feb 06, 2026 | $0.1132 |
| Dec 19, 2025 | Dec 19, 2025 | Dec 26, 2025 | $0.1048 |
| Dec 01, 2025 | Dec 01, 2025 | Dec 05, 2025 | $0.1043 |
| Nov 03, 2025 | Nov 03, 2025 | Nov 07, 2025 | $0.1153 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 4.68% / — | Sharpe 1Y / 3Y | -1.03 / — |
| Max drawdown 1Y / 3Y | -5.20% / — | Sortino 1Y | -1.41 |
| Beta vs S&P 500 (3Y) | 0.046 | Correlation vs S&P 500 (1Y) | 0.378 |
| Downside deviation 1Y | 3.42% | Risk-free rate used | 4.04% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 26, 2026. Formulas →
Liquidity
| Volume today | 703.32K | Average volume | 973.07K |
| AUM | $6.41B | Premium/Discount | -0.33% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Week | $65.9M | +1.05% | $6.29B → $6.41B |
| 1 Month | $226.7M | +3.69% | $6.15B → $6.41B |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for SMBS
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.