Best Fit U.S. Mortgage Funds ETFs
U.S. News evaluated 7 U.S. Mortgage Funds ETFs and 2 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
| Best Fit Scorecard | |
|---|---|
| Costs | Excellent |
| Tracking Error | Good |
| Bid/Ask Ratio | Good |
| Holdings Diversity | Typical |
Fund Description
The investment seeks to track the performance of a market-weighted mortgage-backed securities index. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. MBS Float Adjusted Index. This index covers U.S. agency mortgage-backed pass-through securities. To be included in the index, pool aggregates must have at least $250 million currently outstanding and a weighted average maturity of at least 1 year. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds included in the index.
Fund Snapshot Updated 05.22.2013
| Previous Close | — | Expense Ratio | 0.15% |
| YTD Return | 0.6% | Avg. 30-Day Volume | 76,039 |
| 1-Year Return | 0.4% | Market Cap | Loading... |
| Bid | $51.84 | Shares Outstanding | 8,801,000 |
| Ask | $51.88 | Dividends | $0.38 |
