ETF comparison

SPABvsSPMB

Both US Aggregate Bond.

State Street SPDR Portfolio Aggregate Bond ETF · State Street SPDR Portfolio Mortgage Backed Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
18.0%

682 positions appear in both funds. Buying equal dollars of SPAB and SPMB would leave roughly18.0%of each dollar exposed to the same underlying securities.

SPAB only 80.3%Shared 18.0%SPMB only 81.1%
In SPAB only
7,604 positions
Shared
682 positions
In SPMB only
2,018 positions

Side by side

SPAB

State Street SPDR Portfolio Aggregate Bond ETF

State Street · US Aggregate Bond

89composite / 100
Expense ratio
0.030%
Net assets
$10.22B
TTM yield
4.19%
Top-10 conc.
7.6%
SPMB

State Street SPDR Portfolio Mortgage Backed Bond ETF

State Street · US Aggregate Bond

86composite / 100
Expense ratio
0.040%
Net assets
$7.14B
TTM yield
4.23%
Top-10 conc.
13.8%

Sub-score comparison

97
Cost
96
52
Tax efficiency
52
100
Liquidity
94
100
Concentration
95
Tracking quality
SPABsub-scoreSPMB

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

SPAB 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 thecost calculator pre-filled with SPAB vs SPMB.

Top shared holdings

682 shared in total
#HoldingIn SPABIn SPMBOverlap
1Government National Mortgage Association0.28%0.36%0.28%
2UMBS, TBA0.27%0.45%0.27%
3UMBS, TBA0.23%0.63%0.23%
4Fannie Mae0.21%0.47%0.21%
5Government National Mortgage Association0.21%0.42%0.21%
6Freddie Mac0.20%1.17%0.20%
7Freddie Mac0.20%0.36%0.20%
8Freddie Mac0.20%0.33%0.20%
9Government National Mortgage Association0.17%0.17%0.17%
10Freddie Mac0.17%0.76%0.17%
11Freddie Mac0.17%0.43%0.17%
12Freddie Mac0.16%0.29%0.16%

Only in SPAB

7,604 total
  • United States Treasury0.79%
  • United States Treasury0.44%
  • United States Treasury0.43%
  • United States Treasury0.42%
  • United States Treasury0.40%
  • United States Treasury0.40%
  • United States Treasury0.39%
  • United States Treasury0.38%
  • United States Treasury0.37%
  • United States Treasury0.37%

Only in SPMB

2,018 total
  • Fannie Mae0.79%
  • Fannie Mae0.49%
  • Government National Mortgage Association0.41%
  • Fannie Mae0.37%
  • Government National Mortgage Association0.36%
  • Fannie Mae0.35%
  • Fannie Mae0.35%
  • Freddie Mac0.35%
  • Government National Mortgage Association0.34%
  • Government National Mortgage Association0.32%

Open SPAB 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 methodologyand 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.