FSEC vs SMBS

AFSEC

BSMBS

Measures won2–2level · of 6 · 5Y

$10,000 · 5Y$10,414MUB · FSEC $10,210

Lowest cost0.03%SMBS · $3 on $10k

Most income5.28%SMBS · $528 on $10k

Smallest drop−5.0%FSEC · worst fall in 1Y

Held in common[…]FSEC and SMBS

FSEC

SMBS

FIDELITY INVESTMENT GRADE SECURITIZED ETF · $4.5BSchwab Strategic Trust - Schwab Mortgage-Backed Securities ETF · $6.5B

+6.9%3 years · per year$12,199 · […][…]

+0.4%5 years · per year$10,210 · […][…]

0.36%Expense ratio$36 · $3 on $10k · lower wins0.03%

4.55%12-mo yield$455 · $528 on $10k5.28%

−5.0%Worst dropSmaller wins−5.2%

4.6%VolatilityLower wins4.7%

2–2Level

$10,000 · 5 yearsAll three, one scale

Shared top holdingsFSEC · SMBS

They share no top holdings, or holdings aren’t on file […]

Held in common[…]

End-of-day Nov 5, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Three

5Y3 funds

#
1	MUB	iShares National Muni Bond ETFRead Desk	0.05%	3.27%	+0.4%	+0.5%	+0.9%	+4.5%	+0.8%	−6.3%	$54.9B
2	AFSEC	FIDELITY INVESTMENT GRADE SECURITIZED ETFRead Desk	0.36%	4.55%	+0.1%	+0.3%	+1.1%	+6.9%	+0.4%	−5.0%	$4.5B
3	BSMBS	Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETFRead Desk	0.03%	5.28%	+0.3%	+0.4%	+1.1%	new	new	−5.2%	$6.5B

End-of-day Nov 5, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Three

5Y3 funds

#
1	MUB	iShares National Muni Bond ETFRead Desk	0.05%	3.27%	+0.4%	+0.5%	+0.9%	+4.5%	+0.8%	−6.3%	$54.9B
2	AFSEC	FIDELITY INVESTMENT GRADE SECURITIZED ETFRead Desk	0.36%	4.55%	+0.1%	+0.3%	+1.1%	+6.9%	+0.4%	−5.0%	$4.5B
3	BSMBS	Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETFRead Desk	0.03%	5.28%	+0.3%	+0.4%	+1.1%	new	new	−5.2%	$6.5B

End-of-day Nov 5, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

FSEC vs SMBS

FSEC

FIDELITY INVESTMENT GRADE SECURITIZED

$10,210

SMBS

Schwab Strategic Trust - Schwab Mortgage-Backed Securities

[…]

MeasureFSECSMBS

Fee0.36%0.03%

Cost on $10k a year$36$3

Yield4.55%5.28%

5 years, per year+0.4%[…]

3 years, per year+6.9%[…]

Worst drop · 1Y−5.0%−5.2%

Volatility · 1Y4.6%4.7%

2–2measures won
level

Nov 5, 2026 · $10,000 five years ago, dividends reinvested

SCHD vs VIG

YTD

SchwabSCHD

+32.3%

VIGVanguard

+12.5%

+32.3%Year to date+12.5%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 5, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+5.2%

+8.5%Year to date+5.2%

12.2%Yield8.1%

$42.6BAssets$46.8B

2–0JEPQ wins

End-of-day Nov 5, 2026

SPYM vs SPY

YTD

SPDRSPYM

+8.4%

SPYSPDR

+8.3%

+8.4%Year to date+8.3%

1.1%Yield1.0%

$182BAssets$819B

2–0SPYM wins

End-of-day Nov 5, 2026

Overlap: FSEC, SMBS, MUB

Today

[…]holdings […]

FSECSMBSMUB

FSEC—[…][…]

SMBS[…]—[…]

MUB[…][…]—

End-of-day Nov 5, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$525most kept, SMBS

SMBS$528 − $3 = $525

FSEC$455 − $36 = $419

MUB$327 − $5 = $322

KeptFee

End-of-day Nov 5, 2026 · yield in dollars minus the fee