Vanguard Mortgage-Backed Securities ETF

Vanguard Mortgage-Backed Securities ETF

About

Vanguard Mortgage-Backed Securities ETF (US92206C7719) is a US-listed bond ETF tracking the Bloomberg US MBS Float Adj Index. With a expense ratio of 0.03%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 107 positions with 15.4B in assets.

ISIN
Fund Size $15.4B
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Nov 2009
Base Currency USD
Index Bloomberg US MBS Float Adj Index
Asset Class Bonds
Category Us Bond

Costs

9.2
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

3.7
With only 107 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
6.68%
#2
5.71%
#3
5.62%
#4
5.23%
#5
4.72%
#6
4.57%
#7
4.44%
#8
4.27%
#9
4.15%
#10
4.06%

Sectors

Allocation by industry sector.

Regions

Geographic allocation by country of risk.

Nerd Stuff

Advanced risk and return metrics (2023-06-30 — 2026-06-18).
24.9%
Volatility
-7.0%
Max Drawdown
0.30
Sharpe Ratio
0.44
Sortino Ratio
1.08
Calmar Ratio
0.26
Beta
-7.63%
Alpha (Jensen's)
0.245
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

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