SPYT vs MBS
Comparison between DEFIANCE S&P 500 INCOME TARGET ETF (SPYT, ETF) and ANGEL OAK MORTGAGE-BACKED SECURITIES ETF (MBS, ETF).
SPYT vs MBS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SPYT vs MBS - Holdings Comparison
SPYT and MBS have 0 common holdings. Overlap is 0.00%
SPYT's top 25 holdings weight is 100.22%. MBS's top 25 holdings weight is 69.04%.
| Rank | SPYT | MBS |
|---|---|---|
| #1 | ISHARES CORE S&P 500 ETF (IVV) - 99.93% | FEDERAL HOME LOAN MORTGAGE CORP. 2.5% (n/a) - 6.34% |
| #2 | FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.29% | FEDERAL HOME LOAN MORTGAGE CORP. 5% (n/a) - 6.33% |
| #3 | N/A | FEDERAL NATIONAL MORTGAGE ASSOCIATION 2% (n/a) - 5.59% |
| #4 | N/A | FEDERAL NATIONAL MORTGAGE ASSOCIATION 3% (n/a) - 5.22% |
| #5 | N/A | CASH OFFSET (n/a) - 4.86% |
| #6 | N/A | FEDERAL HOME LOAN MORTGAGE CORP. 6% (n/a) - 4.06% |
| #7 | N/A | FEDERAL HOME LOAN MORTGAGE CORP. 5.5% (n/a) - 4.01% |
| #8 | N/A | FEDERAL HOME LOAN MORTGAGE CORP. 2% (n/a) - 3.25% |
| #9 | N/A | JP MORGAN MORTGAGE TRUST 2.5% (n/a) - 2.62% |
| #10 | N/A | FEDERAL NATIONAL MORTGAGE ASSOCIATION 5% (n/a) - 2.58% |
| #11 | N/A | PRET 2025-RPL1 TRUST 4% (n/a) - 2.48% |
| #12 | N/A | FIRST AMERICAN GOVERNMENT OBLIGS U (FGUXX) - 2.36% |
| #13 | N/A | FEDERAL HOME LOAN MORTGAGE CORP. 3% (n/a) - 2.27% |
| #14 | N/A | FIGRE TR 2025-HE5 FRN 6.36% (n/a) - 1.96% |
| #15 | N/A | FEDERAL NATIONAL MORTGAGE ASSOCIATION 4% (n/a) - 1.87% |
| #16 | N/A | PRPM LLC 2025-RCF1 4.5% (n/a) - 1.75% |
| #17 | N/A | n/a (n/a) - 1.61% |
| #18 | N/A | FIGRE TR 2025-HE1 6.59% (n/a) - 1.37% |
| #19 | N/A | n/a (n/a) - 1.33% |
| #20 | N/A | n/a (n/a) - 1.28% |
| #21 | N/A | PRET 2025-RPL2 TRUST 4% (n/a) - 1.26% |
| #22 | N/A | SG RESIDENTIAL MORTGAGE TRUST 1.56% (n/a) - 1.21% |
| #23 | N/A | COLT 2022-3 MORTGAGE LOAN TRUST 4.2% (n/a) - 1.16% |
| #24 | N/A | n/a (n/a) - 1.16% |
| #25 | N/A | MFA 2021-INV2 TRUST 3.2% (n/a) - 1.11% |
| Total Holdings | 2 | 70 |
SPYT vs MBS - Historical Returns
Returns include dividend reinvestment.
SPYT vs MBS - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | SPYT | MBS |
|---|---|---|
| 2026 | +7.07% | +0.46% |
| 2025 | +12.75% | +8.12% |
| 2024 | +12.97% | +5.78% |
SPYT vs MBS Drawdown Comparison
The maximum drawdown for SPYT was -18.22%, occurring on Apr 8, 2025. Recovery took 92 trading sessions.
The maximum drawdown for MBS was -4.09%, occurring on Jan 13, 2025. Recovery took 133 trading sessions.
The current SPYT drawdown is -2.81%. The current MBS drawdown is -1.68%.
| Rank | SPYT | MBS |
|---|---|---|
| #1 | -18.22% Feb 19, 2025 - Jul 2, 2025 | -4.09% Sep 20, 2024 - Apr 3, 2025 |
| #2 | -8.17% Jul 16, 2024 - Sep 19, 2024 | -2.82% Mar 11, 2024 - Jun 4, 2024 |
| #3 | -8.00% Feb 2, 2026 - Apr 14, 2026 | -2.54% Apr 4, 2025 - Aug 1, 2025 |
| #4 | -4.84% Oct 28, 2025 - Jan 6, 2026 | -2.20% Mar 2, 2026 - May 19, 2026 |
| #5 | -4.77% Mar 27, 2024 - May 14, 2024 | -1.12% Jun 6, 2024 - Jun 14, 2024 |
| #6 | -4.11% Dec 6, 2024 - Feb 18, 2025 | -0.85% Aug 5, 2024 - Aug 21, 2024 |
| #7 | -2.81% Jun 2, 2026 - Jun 5, 2026 | -0.77% Jan 9, 2026 - Feb 5, 2026 |
| #8 | -2.79% Oct 8, 2025 - Oct 24, 2025 | -0.75% Jun 25, 2024 - Jul 5, 2024 |
| #9 | -2.36% Jan 12, 2026 - Jan 27, 2026 | -0.74% Oct 28, 2025 - Nov 28, 2025 |
| #10 | -2.34% Oct 14, 2024 - Nov 6, 2024 | -0.65% Feb 20, 2024 - Feb 28, 2024 |
| #11 | -2.02% Jul 28, 2025 - Aug 8, 2025 | -0.53% Nov 28, 2025 - Dec 26, 2025 |
| #12 | -1.79% May 14, 2026 - May 26, 2026 | -0.48% Jul 8, 2024 - Jul 12, 2024 |
| #13 | -1.73% Nov 8, 2024 - Nov 26, 2024 | -0.45% Jul 17, 2024 - Jul 29, 2024 |
| #14 | -1.20% May 21, 2024 - Jun 5, 2024 | -0.40% Aug 21, 2024 - Aug 27, 2024 |
| #15 | -1.19% Aug 28, 2025 - Sep 10, 2025 | -0.34% Sep 17, 2025 - Sep 30, 2025 |
Correlation
Correlation between SPYT and MBS is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (2024 - 2026)
SPYT vs MBS dividend yield comparison.
| Year | SPYT | MBS |
|---|---|---|
| 2026 | 8.34% | 2.27% |
| 2025 | 21.40% | 5.28% |
| 2024 | 17.37% | 4.52% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks