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ETF comparison

AGG vs SPMB

Both US Aggregate Bond.

iShares Core U.S. Aggregate Bond ETF · State Street SPDR Portfolio Mortgage Backed Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
5.5 %

431 positions appear in both funds. Buying equal dollars of AGG and SPMB would leave roughly 5.5% of each dollar exposed to the same underlying securities.

AGG unmatched 93.0% Shared 5.5% SPMB unmatched 92.6%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In AGG only
12,835 positions
Shared
431 positions
In SPMB only
2,268 positions

Side by side

AGG

iShares Core U.S. Aggregate Bond ETF

iShares · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$135.65B
TTM yield
4.13%
Top-10 conc.
4.0%
SPMB

State Street SPDR Portfolio Mortgage Backed Bond ETF

State Street · US Aggregate Bond

87 composite / 100
Expense ratio
0.040%
Net assets
$6.82B
TTM yield
4.27%
Top-10 conc.
6.6%

Sub-score comparison

97
Cost
96
52
Tax efficiency
52
100
Liquidity
93
100
Concentration
100
—
Tracking quality
—
AGG sub-score SPMB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

AGG is 1 bps cheaper than SPMB. On a $100,000 position that's about $10/yr more in fees for SPMB.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with AGG vs SPMB.

Top shared holdings

431 shared in total
# Holding In AGG In SPMB Overlap
1 Fannie Mae 0.22% 0.37% 0.22%
2 Government National Mortgage Association 0.14% 0.22% 0.14%
3 Fannie Mae 0.13% 0.47% 0.13%
4 Fannie Mae 0.12% 0.45% 0.12%
5 Government National Mortgage Association 0.12% 0.13% 0.12%
6 Government National Mortgage Association 0.11% 0.25% 0.11%
7 Government National Mortgage Association 0.11% 0.20% 0.11%
8 Government National Mortgage Association 0.11% 0.22% 0.11%
9 Fannie Mae 0.11% 0.35% 0.11%
10 Fannie Mae 0.10% 0.17% 0.10%
11 Government National Mortgage Association 0.10% 0.18% 0.10%
12 Freddie Mac 0.14% 0.09% 0.09%

Only in AGG

12,835 total
  • United States Treasury 0.42%
  • United States Treasury 0.41%
  • United States Treasury 0.41%
  • United States Treasury 0.40%
  • United States Treasury 0.40%
  • United States Treasury 0.39%
  • United States Treasury 0.39%
  • United States Treasury 0.39%
  • United States Treasury 0.39%
  • United States Treasury 0.38%

Only in SPMB

2,268 total
  • Freddie Mac 1.17%
  • Freddie Mac 0.76%
  • UMBS, TBA 0.63%
  • Freddie Mac 0.55%
  • Fannie Mae 0.51%
  • Fannie Mae 0.49%
  • UMBS, TBA 0.46%
  • UMBS, TBA 0.45%
  • Government National Mortgage Association 0.44%
  • Freddie Mac 0.44%

Percentages are holdings overlap with the named fund.

Open AGG or SPMB at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.