Northern Trust Disciplined Duration MBS ETFMBSD

FlexSharesBonds & CashMortgage#477 of 785 by YTD

$20.12

−0.2% last session

−0.3% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 4, 2026MBSDS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−0.2%	+2.2%	−0.7%	−0.3%	+0.4%	+16.0%	+2.9%	+17.8%
Peer average	−0.2%	+1.9%	−3.4%	−3.3%	−2.0%	+18.4%	−7.6%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $89M
Expense ratio: 0.21%
Distribution yield: 4.1%
NAV: $20.17
Volume: 12K
Avg. volume 30D: 14K
High today: $20.18
Low today: $20.11
Previous close: $20.17
52-week high: $21.06
52-week low: $19.70
Our risk indicator: 2/5

MBSD in One Breath

MBSD Among Mortgage ETFs

YTD

#1MBSFRegan+3.1%$265M

#2MBSXRegan+2.7%$18.5M

#3EVMOEaton Vance+0.6%$804M

#4JMTGJ.P. Morgan−0.2%$6.8B

#5VMBSVanguard−0.2%$15.5B

#6MTGPWisdomTree−0.3%$72.8M

#7MBSDFlexShares−0.3%$88.8M

#8FSECFidelity−0.3%$4.5B

#9SMBSSchwab−0.3%$6.4B

End-of-day Nov 4, 2026 · 21 Mortgage ETFs by YTD

$10,000 in MBSD

$10,000 in MBSD became

$10,312

In the S&P 500 (VOO)

$18,115

Total return, dividends in · Oct 27, 2021 – Nov 4, 2026 · S&P 500 uses VOO

MBSD’s Top Holdings

Today

TBA UMBS SINGLTba Umbs Single Family 30yr 7.0 11/232.3%UMBS MORTPAS2.1%TBA UMBS SIN2.0%UMBS MORTPAS1.8%GNMA II MORT1.8%UMBS MORTPAS1.8%TBA UMBS SIN1.7%UMBS MORTPAS1.4%UMBS MORTPAS1.3%UMBS MORTPAS1.3%GNMA I MORTP1.2%UMBS MORTPAS1.2%UMBS MORTPAS1.2%GNMA II MORT1.1%GNMA II MORT1.1%UMBS MORTPAS1.1%UMBS MORTPAS1.1%UMBS MORTPAS1.1%UMBS MORTPAS1.0%UMBS MORTPAS1.0%GNMA II MORT0.9%UMBS MORTPAS0.9%

FlexShares MBSD · 467 holdings · top 22 shown · tile size = share of the fund · as of Nov 3, 2026

What MBSD Holds

Today

All holdings100.0%

TBA UMBS S 2.3 · UMBS MORTP 2.1 · TBA UMBS S 2.0 · UMBS MORTP 1.8 · GNMA II MO 1.8 · UMBS MORTP 1.8 · TBA UMBS S 1.7

FlexShares MBSD · share of the fund · as of Nov 3, 2026

Tba’s Share of MBSD

Today

2.3%

$23 of every $1,000 in MBSD is Tba

Tba held by MBSD

$2.1M

FlexShares MBSD · each square = $10 of $1,000 · as of Nov 3, 2026

MBSD’s Share of Mortgage ETFs

Today

0.1%

of the $88.9B in 25 Mortgage ETFs

MBSD$88.8M0.1%

MBB$35.7B40.2%

VMBS$15.5B17.4%

22 others$37.6B42.3%

Mortgage ETF AUM · Nov 4, 2026

MBSD Fee per $100 vs Peers

Today

$0.21a year
per $100

$21 a year on $10,000

VMBS$0.03

SMBS$0.03

MBB$0.04

SPMB$0.04

MBSD$0.21

JMTG$0.37

Expense ratio · Mortgage peers · Nov 4, 2026

Inside MBSD

467 holdings · as of Nov 3, 2026

MBSD

Northern Trust Disciplined Duration MBS ETF

Today

All holdings100.0%TBA Umbs S2.3%Umbs Mortp2.1%TBA Umbs S2.0%Umbs Mortp1.8%Gnma II Mo1.8%453 more holdings77.7% of the fund

All holdings100.0%461 more holdings88.2% of the fund

#	Ticker	Company	Weight ▼
1	—	TBA Umbs Single Family 30yr 7.0 11/23	2.33%
2	—	Umbs Mortpass 2.5% 01/dec/2031 CI PN# Ma2830	2.08%
3	—	TBA Umbs Single Family 30yr 4.0 11/23	2.03%
4	—	Umbs Mortpass 2.5% 01/dec/2033 CI PN# Sb1970	1.85%
5	—	Gnma II Mortpass 7.5% 20/sep/2054 SF PN# Ma9910	1.79%
6	—	Umbs Mortpass 3% 01/may/2037 CI PN# Sb1840	1.77%
7	—	TBA Umbs Single Family 30yr 6.5 11/23	1.72%
8	—	Umbs Mortpass 6.5% 01/jun/2055 CL PN# Sl2769	1.41%
9	—	Umbs Mortpass 4% 01/aug/2040 CT PN# Fs7792	1.29%
10	—	Umbs Mortpass 2.5% 01/feb/2035 CI PN# Fa5699	1.26%

FlexShares MBSD · current holdings by weight · as of Nov 3, 2026 · each tile is one holding · top 20 = 28.7%

How It Compares

MBSD

Northern Trust Disciplined Duration MBS ETF’s Peers

YTD


MBB	iSharesRead Desk	0.04%	−0.3%	+0.4%	$35.7B
VMBS	VanguardRead Desk	0.03%	−0.2%	+0.7%	$15.5B
SPMB	SPDRRead Desk	0.04%	−0.5%	+0.2%	$7.0B
JMTG	J.P. MorganRead Desk	0.37%	−0.2%	+0.6%	$6.8B
SMBS	SchwabRead Desk	0.03%	−0.3%	+0.4%	$6.4B
MBSD	FlexSharesThis fundRead Desk	0.21%	−0.3%	+0.4%	$89M

Mortgage peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put MBSD head to head with MBB →

MBB vs MBSD

YTD

MBBiShares · MortgageMBSDFlexShares · Mortgage

Year to date

−0.3%

Level

Past year

+0.4%

Level

Fee

0.04%

0.21%

MBB winslower fee

Yield

4.5%

4.1%

MBB wins+0.3 pts

AUM

$35.7B

$88.8M

MBB402.8× more

2–0MBB wins

iShares MBB and FlexShares MBSD · year-to-date · as of Nov 4, 2026 · AUM not scored

MBSD vs VOO

YTD

MBSD · Northern Trust Disciplined Duration MBS

−0.3%

VOO · S&P 500

+11.5%

Gap

11.8 pts

FlexShares MBSD and Vanguard VOO · YTD total return · as of Nov 4, 2026

MBSD vs Its Peer Average

YTD

MBSDAvsBPeer average

1D−0.2%−0.2%

1M+2.2%+1.9%

3M−0.7%−3.4%

YTD−0.3%−3.3%

1Y+0.4%−2.0%

3Y+16.0%+18.4%

5Y+2.9%−7.6%

5–2MBSD wins

24 Mortgage peers · each row scaled to its leader

The Details

MBSD

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y3.74%

Deepest drop · 1Y−4.0%

Lowest point · 5Y−12.2%

52-week range

$20.12

$19.70−4.5% from the high$21.06

FlexShares MBSD · past-year price moves · as of Nov 4, 2026

MBSD

Fund Facts

Today

2014launched Sep 3

Tracks[…]

Exchange · CUSIPAMEX · 33939L779

StructureETF

Leverage1x

Cost on $10,000$21 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

FlexShares MBSD · fund facts · as of Nov 4, 2026

MBSD

Payouts by Year

$0.0603per share, Nov 2026

Distribution yield4.1%

PaidEvery month

Latest ex-date · paidNov 2 · Nov 6, 2026

12 payouts added up$0.83 a share

FlexShares MBSD · distributions by ex-date · 2021–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$20.17

Premium / discount[…]

Median spread · 30D[…]

Volume today12K

Average volume · 30D14K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.21%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$21.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Nov 2, 2026	Nov 6, 2026	$0.0603
Oct 1, 2026	Oct 7, 2026	$0.0601
Sep 1, 2026	Sep 8, 2026	$0.0609
Aug 3, 2026	Aug 7, 2026	$0.0584
Jul 1, 2026	Jul 8, 2026	$0.0602
Jun 1, 2026	Jun 5, 2026	$0.0571
May 1, 2026	May 7, 2026	$0.0578
Apr 1, 2026	Apr 7, 2026	$0.0619
Mar 2, 2026	Mar 6, 2026	$0.0631
Feb 2, 2026	Feb 6, 2026	$0.0642
Dec 19, 2025	Dec 26, 2025	$0.0651
Dec 1, 2025	Dec 5, 2025	$0.17

Issuer contentFrom FlexSharesHear the strategy from the people behind MBSD.No issuer videos have been published for this fund.Are you the issuer? Claim this fund →