MBB vs GOVT

Comparison between ISHARES MBS ETF (MBB, ETF) and ISHARES U.S. TREASURY BOND ETF (GOVT, ETF).

5-Year PerformanceMBB has outperformed GOVT, delivering a return of +0.4% compared to -0.3%

MBB vs GOVT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MBB(ETF)	GOVT(ETF)
Net Assets	$39B	$41B
Expense Ratio	0.04%	0.05%
Max Drawdown	22.85%	23.67%
Sharpe Ratio	0.59	-0.04
5Y Beta	0.04	-0.00
5Y Dividends CAGR	14.91%	10.36%

Net Assets

MBB

$39B

Winner

GOVT

$41B

Expense Ratio

Winner

MBB

0.04%

GOVT

0.05%

Max Drawdown

Winner

MBB

22.85%

GOVT

23.67%

Sharpe Ratio

Winner

MBB

0.59

GOVT

-0.04

5Y Beta

MBB

0.04

Winner

GOVT

-0.00

5Y Dividends CAGR

Winner

MBB

14.91%

GOVT

10.36%

MBB vs GOVT - Historical Returns

Returns include dividend reinvestment.

Period	MBB	GOVT
1 month	+0.20%	-0.09%
3 months	+0.37%	-0.15%
6 months	+1.61%	+0.35%
1 year	+7.08%	+4.02%
5 years(CAGR)	+0.40%	-0.35%
10 years(CAGR)	+1.36%	+0.94%
Max(CAGR)	+2.71%	+1.28%

Winner

MBB

+0.20%

GOVT

-0.09%

Winner

MBB

+0.37%

GOVT

-0.15%

Winner

MBB

+1.61%

GOVT

+0.35%

Winner

MBB

+7.08%

GOVT

+4.02%

5Y(CAGR)

Winner

MBB

+0.40%

GOVT

-0.35%

10Y(CAGR)

Winner

MBB

+1.36%

GOVT

+0.94%

Max(CAGR)

Winner

MBB

+2.71%

GOVT

+1.28%

MBB vs GOVT - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	MBB	GOVT
2026	+1.16%	+0.31%
2025	+8.48%	+6.15%
2024	+1.91%	+3.27%
2023	+4.52%	+3.62%
2022	-11.39%	-11.87%
2021	-1.44%	-1.60%
2020	+3.95%	+7.08%
2019	+5.99%	+6.49%
2018	+0.89%	+0.54%
2017	+2.43%	+2.19%
2016	+1.25%	+0.60%
2015	+1.13%	+0.32%
2014	+6.22%	+4.75%
2013	-1.98%	-2.37%
2012	+2.07%	+2.23%
2011	+6.01%	N/A
2010	+5.49%	N/A
2009	+4.73%	N/A
2008	+7.13%	N/A
2007	+4.99%	N/A

MBB vs GOVT Drawdown Comparison

The maximum drawdown for MBB was -17.64%, occurring on Oct 19, 2023. Recovery took 1185 trading sessions.

The maximum drawdown for GOVT was -19.07%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current MBB drawdown is -1.03%. The current GOVT drawdown is -6.83%.

Rank	MBB	GOVT
#1	-17.64% Feb 9, 2021 - Oct 28, 2025	-19.07% Aug 4, 2020 - Oct 19, 2023
#2	-4.81% Sep 25, 2012 - May 1, 2014	-5.87% Jul 8, 2016 - May 13, 2019
#3	-4.32% Mar 9, 2020 - Mar 27, 2020	-4.56% Mar 9, 2020 - Apr 21, 2020
#4	-3.82% Sep 17, 2008 - Nov 25, 2008	-4.55% May 1, 2013 - Oct 8, 2014
#5	-3.43% Sep 27, 2016 - Aug 23, 2017	-3.54% Jan 30, 2015 - Jan 29, 2016
#6	-3.00% May 20, 2008 - Sep 2, 2008	-2.63% Sep 4, 2019 - Jan 29, 2020
#7	-2.92% Sep 7, 2017 - Dec 28, 2018	-2.14% Apr 21, 2020 - Jul 23, 2020
#8	-2.65% Nov 4, 2010 - Apr 25, 2011	-1.93% Jul 25, 2012 - May 1, 2013
#9	-2.63% Feb 27, 2026 - Mar 26, 2026	-1.93% Mar 8, 2012 - Apr 23, 2012
#10	-2.56% May 8, 2007 - Aug 21, 2007	-1.74% Feb 11, 2016 - Apr 7, 2016
#11	-2.51% Jan 22, 2008 - Mar 17, 2008	-1.27% Apr 7, 2016 - May 13, 2016
#12	-2.02% May 20, 2009 - Jul 8, 2009	-1.25% Jun 1, 2012 - Jul 16, 2012
#13	-1.77% Jan 8, 2009 - Mar 18, 2009	-1.16% Oct 15, 2014 - Dec 12, 2014
#14	-1.74% Apr 15, 2015 - Sep 18, 2015	-1.07% Dec 16, 2014 - Jan 5, 2015
#15	-1.64% Nov 30, 2009 - Feb 4, 2010	-0.97% Jul 3, 2019 - Aug 1, 2019

Correlation

Correlation between MBB and GOVT is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2007 - 2026)

MBB vs GOVT dividend yield comparison.

Year	MBB	GOVT
2026	1.40%	1.19%
2025	4.21%	3.49%
2024	3.94%	3.14%
2023	3.40%	2.65%
2022	2.31%	1.77%
2021	1.05%	0.95%
2020	2.10%	2.17%
2019	2.77%	1.98%
2018	2.64%	1.97%
2017	2.23%	1.57%
2016	2.58%	1.40%
2015	2.66%	1.25%
2014	1.72%	1.17%
2013	1.27%	0.93%
2012	2.04%	0.85%
2011	3.33%	0.00%
2010	5.92%	0.00%
2009	3.57%	0.00%
2008	4.33%	0.00%
2007	3.89%	0.00%