SMBS vs VWOB

Comparison between SCHWAB MORTGAGE-BACKED SECURITIES ETF (SMBS, ETF) and VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND ETF SHARES (VWOB, ETF).

SMBS vs VWOB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMBS(ETF)	VWOB(ETF)
Net Assets	$6.30B	$6.30B
Expense Ratio	0.03%	0.15%
Max Drawdown	3.68%	32.89%
Sharpe Ratio	0.63	1.52
5Y Beta	0.03	0.23
5Y Dividends CAGR	N/A	5.46%

Net Assets

SMBS

$6.30B

VWOB

$6.30B

Expense Ratio

Winner

SMBS

0.03%

VWOB

0.15%

Max Drawdown

Winner

SMBS

3.68%

VWOB

32.89%

Sharpe Ratio

SMBS

0.63

Winner

VWOB

1.52

5Y Beta

Winner

SMBS

0.03

VWOB

0.23

5Y Dividends CAGR

SMBS

N/A

VWOB

5.46%

SMBS vs VWOB - Historical Returns

Returns include dividend reinvestment.

Period	SMBS	VWOB
1 month	+0.27%	+1.54%
3 months	+0.46%	+0.65%
6 months	+1.89%	+2.35%
1 year	+7.06%	+12.29%
5 years(CAGR)	N/A	+2.20%
10 years(CAGR)	N/A	+3.63%
Max(CAGR)	+6.30%	+3.60%

SMBS

+0.27%

Winner

VWOB

+1.54%

SMBS

+0.46%

Winner

VWOB

+0.65%

SMBS

+1.89%

Winner

VWOB

+2.35%

SMBS

+7.06%

Winner

VWOB

+12.29%

5Y(CAGR)

SMBS

N/A

VWOB

+2.20%

10Y(CAGR)

SMBS

N/A

VWOB

+3.63%

Max(CAGR)

Winner

SMBS

+6.30%

VWOB

+3.60%

SMBS vs VWOB - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	SMBS	VWOB
2026	+1.30%	+1.41%
2025	+8.23%	+13.19%
2024	-0.07%	+6.15%
2023	N/A	+10.12%
2022	N/A	-16.58%
2021	N/A	-1.32%
2020	N/A	+5.53%
2019	N/A	+14.14%
2018	N/A	-3.09%
2017	N/A	+8.05%
2016	N/A	+9.56%
2015	N/A	+1.59%
2014	N/A	+4.34%
2013	N/A	-1.82%

SMBS vs VWOB Drawdown Comparison

The maximum drawdown for SMBS was -3.20%, occurring on Jan 13, 2025. Recovery took 52 trading sessions.

The maximum drawdown for VWOB was -26.98%, occurring on Oct 20, 2022. Recovery took 959 trading sessions.

The current SMBS drawdown is -0.85%. The current VWOB drawdown is -0.46%.

Rank	SMBS	VWOB
#1	-3.20% Dec 6, 2024 - Feb 25, 2025	-26.98% Sep 2, 2021 - Jul 1, 2025
#2	-2.83% Apr 4, 2025 - Jun 26, 2025	-25.31% Mar 4, 2020 - Sep 2, 2020
#3	-2.53% Feb 27, 2026 - Mar 26, 2026	-7.74% Aug 27, 2014 - Apr 8, 2015
#4	-1.11% Jun 26, 2025 - Aug 1, 2025	-6.90% Dec 30, 2020 - Aug 30, 2021
#5	-0.90% Oct 28, 2025 - Nov 25, 2025	-6.77% Jun 4, 2013 - Feb 28, 2014
#6	-0.89% Mar 3, 2025 - Apr 1, 2025	-6.03% Sep 7, 2016 - Apr 12, 2017
#7	-0.85% Sep 16, 2025 - Oct 14, 2025	-5.58% Jan 5, 2018 - Jan 31, 2019
#8	-0.78% Nov 26, 2025 - Dec 18, 2025	-5.39% Apr 24, 2015 - Mar 16, 2016
#9	-0.58% Jan 14, 2026 - Feb 6, 2026	-4.48% Feb 23, 2026 - Mar 27, 2026
#10	-0.47% Aug 13, 2025 - Aug 22, 2025	-3.65% Sep 2, 2020 - Nov 11, 2020
#11	-0.39% Aug 5, 2025 - Aug 13, 2025	-2.64% Feb 21, 2020 - Mar 4, 2020
#12	-0.39% Dec 29, 2025 - Jan 7, 2026	-2.02% Sep 4, 2019 - Dec 11, 2019
#13	-0.38% Nov 25, 2024 - Nov 29, 2024	-2.01% Jun 14, 2017 - Aug 3, 2017
#14	-0.36% Apr 1, 2025 - Apr 3, 2025	-1.88% Aug 9, 2019 - Sep 4, 2019
#15	-0.31% Oct 21, 2025 - Oct 28, 2025	-1.51% Jul 24, 2014 - Aug 27, 2014

Correlation

Correlation between SMBS and VWOB is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2013 - 2026)

SMBS vs VWOB dividend yield comparison.

Year	SMBS	VWOB
2026	1.69%	1.95%
2025	4.83%	5.92%
2024	0.50%	6.08%
2023	0.00%	5.50%
2022	0.00%	5.30%
2021	0.00%	4.04%
2020	0.00%	4.18%
2019	0.00%	4.58%
2018	0.00%	4.52%
2017	0.00%	4.61%
2016	0.00%	4.71%
2015	0.00%	4.93%
2014	0.00%	4.49%
2013	0.00%	2.39%