SMBS · ARCA · ETF
Schwab Mortgage-Backed Securities ETF (SMBS) Price, Holdings & Fees
Schwab Mortgage-Backed Securities ETF (SMBS) closed at $556.08 on Oct 9, 2026, up 0.64% from the previous close of $552.56.
Share price, past year
1Y −12.38%Monthly closing prices
| Date | Close |
|---|---|
| Oct 9, 2026 | $556.08 |
| Sep 30, 2026 | $536.33 |
| Aug 31, 2026 | $565.27 |
| Jul 31, 2026 | $552.41 |
| Jun 30, 2026 | $554.71 |
| May 29, 2026 | $559.19 |
| Apr 30, 2026 | $567.46 |
| Mar 31, 2026 | $554.69 |
| Feb 27, 2026 | $567.51 |
| Jan 30, 2026 | $578.36 |
| Dec 31, 2025 | $583.16 |
| Nov 28, 2025 | $604.10 |
| Oct 31, 2025 | $635.63 |
Key statistics
- Expense ratio
- 0.03%
- as of Dec 31, 2025
- Net assets
- $6.4B
- as of May 31, 2026
- Holdings
- 4,197
- as of May 31, 2026
- 52-week range
- $528.56 – $648.58
Schwab Mortgage-Backed Securities ETF's expense ratio is 0.03%: $3.00 a year on $10,000 invested.
Holdings
Schwab Mortgage-Backed Securities ETF held 4,197 investments worth $6.42B as of May 31, 2026. Its largest holding was State Street Institutional US Government Money Market Fund, at 1.67% of the fund.
| # | Holding | % of fund | Value |
|---|---|---|---|
| 1 | State Street Institutional US Government Money Market Fund | 1.67% | $107.55M |
| 2 | Government National Mortgage Association | 0.47% | $30.33M |
| 3 | Freddie Mac | 0.35% | $22.68M |
| 4 | Freddie Mac | 0.29% | $18.61M |
| 5 | Fannie Mae | 0.28% | $18.02M |
| 6 | Freddie Mac | 0.27% | $17.54M |
| 7 | Freddie Mac | 0.26% | $16.46M |
| 8 | Freddie Mac | 0.25% | $16.10M |
| 9 | Freddie Mac | 0.25% | $15.85M |
| 10 | Government National Mortgage Association | 0.24% | $15.37M |
| 11 | Freddie Mac | 0.24% | $15.30M |
| 12 | Government National Mortgage Association | 0.24% | $15.13M |
| 13 | Freddie Mac | 0.23% | $14.47M |
| 14 | Freddie Mac | 0.22% | $14.19M |
| 15 | Government National Mortgage Association | 0.21% | $13.79M |
| 16 | Freddie Mac | 0.21% | $13.78M |
| 17 | Government National Mortgage Association | 0.21% | $13.33M |
| 18 | Freddie Mac | 0.21% | $13.21M |
| 19 | Government National Mortgage Association | 0.20% | $12.86M |
| 20 | Government National Mortgage Association | 0.20% | $12.80M |
| 21 | Government National Mortgage Association | 0.20% | $12.61M |
| 22 | Freddie Mac | 0.20% | $12.60M |
| 23 | Government National Mortgage Association | 0.20% | $12.58M |
| 24 | Fannie Mae | 0.19% | $12.45M |
| 25 | Government National Mortgage Association | 0.19% | $12.26M |
Top 25 of 4,197 holdings, as of May 31, 2026. Percentages are of the fund's net assets.
What the fund owns
| Asset type | % of fund |
|---|---|
| Mortgage-backed securities | 97.98% |
| Cash and short-term investments | 1.67% |
| Country | % of fund |
|---|---|
| United States | 99.66% |
Shares of net assets from the fund's N-PORT report. Funds that borrow can add up to more than 100%, with borrowing (such as repurchase agreements) shown as a negative share.
Monthly total returns
Over the 3 months to May 31, 2026, Schwab Mortgage-Backed Securities ETF's total return was −1.09%, as reported to the SEC.
| Month | Total return |
|---|---|
| May 31, 2026 | +0.27% |
| Apr 30, 2026 | +0.13% |
| Mar 31, 2026 | −1.48% |
The fund's own total returns as reported to the SEC (N-PORT), including reinvested distributions. Not the sample prices above.
Fund profile
- Name
- Schwab Mortgage-Backed Securities ETF
- Ticker
- SMBS
- Exchange
- ARCA
- Fund type
- ETF
- Trust
- SCHWAB STRATEGIC TRUST
- SEC series ID
- S000088676
- SEC CIK
- 0001454889
- Fractional shares
- Yes
Recent SEC filings
- Jul 24, 2026
- Sep 1, 2026
- 485BPOSProspectus updateJul 28, 2026
- 485BPOSProspectus updateJun 26, 2026
- Jun 1, 2026
- May 1, 2026
- May 1, 2026
- 485BPOSProspectus updateApr 28, 2026
Shareholder reports and prospectuses are filed by SCHWAB STRATEGIC TRUST, the trust behind Schwab Mortgage-Backed Securities ETF, and cover all of its funds.
Frequently asked questions
What is SMBS's price?
Schwab Mortgage-Backed Securities ETF (SMBS) closed at $556.08 on Oct 9, 2026, up 0.64% from the previous close of $552.56.
What is SMBS's expense ratio?
Schwab Mortgage-Backed Securities ETF's expense ratio is 0.03%: $3.00 a year on $10,000 invested.
What does SMBS hold?
Schwab Mortgage-Backed Securities ETF held 4,197 investments worth $6.42B as of May 31, 2026. Its largest holding was State Street Institutional US Government Money Market Fund, at 1.67% of the fund. Its five largest holdings were State Street Institutional US Government Money Market Fund, Government National Mortgage Association, Freddie Mac, Freddie Mac, Fannie Mae.
How has SMBS performed?
Over the 3 months to May 31, 2026, Schwab Mortgage-Backed Securities ETF's total return was −1.09%, as reported to the SEC.
Sources and methodology
Holdings, net assets and monthly returns come from the fund's N-PORT filing with the SEC, as of May 31, 2026 (filed Jul 24, 2026). The expense ratio is from the fund's prospectus or shareholder report, as of Dec 31, 2025. Prices are generated sample data for development. Data sources and disclosures