The FlexShares Disciplined Duration MBS Index Fund (MBSD) tracks a proprietary index of mortgage-backed securities. MBSD’s particular twist is that it aims to keep duration within a range. Duration measures sensitivity to a change in interest rates. Bond prices typically fall when rates rise. The higher the duration, the more volatile the expected change.
MBSD invests in U.S.-dollar denominated mortgage-backed securities with terms ranging from 15 years to 30 years, but the index targets a composite portfolio duration between 3.25 years and 4.25 years. The index excludes some riskier types of mortgage debt, such as balloon mortgages, mobile home loans, graduated mortgage payments, and collateralized mortgage obligations.
MBSD’s secret sauce also means a significantly higher management fee than the ultra-low-cost competition. Is it worth it? Investors can compare MBSD to the iShares MBS ETF (MBB), the SPDR Portfolio Mortgage Backed Bond ETF (SPMB), or the Vanguard Mortgage Backed Securities ETF (VMBS).
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.
This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.
View charts featuring ETF fund flow data.
5 Day Net Flows: 1.18 M 1 Month Net Flows: 1.18 M 3 Month Net Flows: 5.97 M 6 Month Net Flows: 9.58 M 1 Year Net Flows: 48.18 M 3 Year Net Flows: 65.65 M 5 Year Net Flows: 76.64 M 10 Year Net Flows: 102.86 MThe adjacent table gives investors an individual Realtime Rating for MBSD on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Mortgage Backed Securities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.
MBSD does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
Asset | Percentage |
---|---|
Mortgage Backed Security | 99.27% |
Other | 0.41% |
Bond Sector | Percentage |
---|
Maturity | Percentage |
---|---|
Less Than 1 Year | 0.0% |
1-3 Years | 0.0% |
3-5 Years | 0.0% |
5-7 Years | 0.0% |
7-10 Years | 0.0% |
10-15 Years | 0.0% |
15-20 Years | 0.0% |
20-30 Years | 0.0% |
30+ Years | 0.0% |
Asset | Percentage |
---|---|
Mortgage Backed Security | 99.27% |
Other | 0.41% |
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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