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ETF comparison

MBB vs SCHZ

Both US Aggregate Bond.

iShares MBS ETF · Schwab U.S. Aggregate Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
6.8 %

808 positions appear in both funds. Buying equal dollars of MBB and SCHZ would leave roughly 6.8% of each dollar exposed to the same underlying securities.

MBB unmatched 91.3% Shared 6.8% SCHZ unmatched 91.9%

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 MBB only
10,336 positions
Shared
808 positions
In SCHZ only
11,518 positions

Side by side

MBB

iShares MBS ETF

iShares · US Aggregate Bond

89 composite / 100
Expense ratio
0.040%
Net assets
$36.25B
TTM yield
4.46%
Top-10 conc.
6.8%
SCHZ

Schwab U.S. Aggregate Bond ETF

Schwab · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$10.45B
TTM yield
4.30%
Top-10 conc.
3.7%

Sub-score comparison

96
Cost
97
52
Tax efficiency
52
100
Liquidity
100
100
Concentration
100
—
Tracking quality
—
MBB sub-score SCHZ

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

Cost difference

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

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 MBB vs SCHZ.

Top shared holdings

808 shared in total
# Holding In MBB In SCHZ Overlap
1 Fannie Mae 0.12% 0.12% 0.12%
2 Freddie Mac 0.50% 0.10% 0.10%
3 Freddie Mac 1.05% 0.10% 0.10%
4 Government National Mortgage Association 0.55% 0.09% 0.09%
5 Government National Mortgage Association 0.16% 0.08% 0.08%
6 Freddie Mac 0.22% 0.08% 0.08%
7 Fannie Mae 0.31% 0.08% 0.08%
8 Freddie Mac 0.24% 0.07% 0.07%
9 Government National Mortgage Association 0.08% 0.07% 0.07%
10 Fannie Mae 0.10% 0.06% 0.06%
11 Freddie Mac 0.08% 0.06% 0.06%
12 Fannie Mae 0.30% 0.06% 0.06%

Only in MBB

10,336 total
  • Government National Mortgage Association 0.95%
  • UMBS, TBA 0.83%
  • Government National Mortgage Association 0.67%
  • UMBS, TBA 0.64%
  • Government National Mortgage Association 0.46%
  • Fannie Mae 0.44%
  • UMBS, TBA 0.34%
  • Fannie Mae 0.33%
  • Fannie Mae 0.28%
  • UMBS, TBA 0.26%

Only in SCHZ

11,518 total
  • United States Treasury 0.39%
  • United States Treasury 0.39%
  • United States Treasury 0.39%
  • United States Treasury 0.37%
  • United States Treasury 0.37%
  • United States Treasury 0.37%
  • United States Treasury 0.36%
  • United States Treasury 0.36%
  • United States Treasury 0.36%
  • United States Treasury 0.36%

Percentages are holdings overlap with the named fund.

Open MBB or SCHZ 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.