Northern Trust Disciplined Duration MBS ETFMBSD

FlexSharesBonds & CashMortgage#478 of 786 by YTD

$20.23

+0.2% last session

+0.2% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Nov 4, 2025 – Nov 5, 2026MBSDS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.2%	+2.5%	−0.1%	+0.2%	+0.9%	+16.5%	+3.1%	+18.4%
Peer average	−0.1%	+2.5%	−2.9%	−2.7%	−1.5%	+18.7%	−6.7%	—
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $89M
Expense ratio: 0.21%
Distribution yield: 4.1%
NAV: $20.20
Volume: 7K
Avg. volume 30D: 13K
High today: $20.23
Low today: $20.14
Previous close: $20.19
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+3.0%$265M

#2EVMOEaton Vance+1.0%$805M

#3SMBSSchwab+0.4%$6.5B

#4JMTGJ.P. Morgan+0.4%$6.8B

#5VMBSVanguard+0.4%$15.5B

#6MTGPWisdomTree+0.3%$72.8M

#7MBBiShares+0.3%$36.0B

#8FSECFidelity+0.3%$4.5B

#9MBSDFlexShares+0.2%$88.9M

End-of-day Nov 6, 2026 · 21 Mortgage ETFs by YTD

$10,000 in MBSD

$10,000 in MBSD became

$10,306

In the S&P 500 (VOO)

$17,156

Total return, dividends in · Oct 28, 2021 – Nov 5, 2026 · S&P 500 uses VOO

MBSD’s Top Holdings

Today

TBA UMBS SINGLTba Umbs Single Family 30yr 7 12/172.3%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 MORTPAS0.9%UMBS MORTPAS0.9%UMBS MORTPAS0.9%

FlexShares MBSD · 467 holdings · top 22 shown · tile size = share of the fund · as of Nov 5, 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 5, 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 5, 2026

MBSD’s Share of Mortgage ETFs

Today

0.1%

of the $89.2B in 25 Mortgage ETFs

MBSD$88.9M0.1%

MBB$36.0B40.3%

VMBS$15.5B17.4%

22 others$37.7B42.2%

Mortgage ETF AUM · Nov 6, 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 6, 2026

Inside MBSD

467 holdings · as of Nov 5, 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 12/17	2.32%
2	—	Umbs Mortpass 2.5% 01/dec/2031 CI PN# Ma2830	2.07%
3	—	TBA Umbs Single Family 30yr 4.0 12/22	2.02%
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 12/17	1.71%
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%

See all 467 holdings ↓

FlexShares MBSD · current holdings by weight · as of Nov 5, 2026 · each tile is one holding · top 20 = 28.7%

All MBSD Holdings

467 holdings · as of Nov 5, 2026

MBSD

MBSD’s Holdings

Today

#
1	—TBA Umbs Single Family 30yr 7 12/17	2.32%	$232.04	2.0M	$2.1M
2	—Umbs Mortpass 2.5% 01/dec/2031 CI PN# Ma2830	2.07%	$207.38	1.9M	$1.8M
3	—TBA Umbs Single Family 30yr 4.0 12/22	2.02%	$201.95	2.0M	$1.8M
4	—Umbs Mortpass 2.5% 01/dec/2033 CI PN# Sb1970	1.85%	$184.79	1.7M	$1.6M
5	—Gnma II Mortpass 7.5% 20/sep/2054 SF PN# Ma9910	1.79%	$178.75	1.5M	$1.6M
6	—Umbs Mortpass 3% 01/may/2037 CI PN# Sb1840	1.77%	$176.72	1.6M	$1.6M
7	—TBA Umbs Single Family 30yr 6.5 12/17	1.71%	$171.44	1.5M	$1.5M
8	—Umbs Mortpass 6.5% 01/jun/2055 CL PN# Sl2769	1.41%	$141.18	1.2M	$1.3M
9	—Umbs Mortpass 4% 01/aug/2040 CT PN# Fs7792	1.29%	$128.84	1.2M	$1.1M
10	—Umbs Mortpass 2.5% 01/feb/2035 CI PN# Fa5699	1.26%	$126.04	1.2M	$1.1M
11	—Gnma I Mortpass 3.5% 15/jun/2046 SP PN# 785274	1.24%	$124.36	1.2M	$1.1M
12	—Umbs Mortpass 2% 01/sep/2036 CI PN# Ma4418	1.24%	$124.34	1.2M	$1.1M
13	—Umbs Mortpass 6.5% 01/apr/2056 CL PN# Fa5228	1.21%	$120.58	1.0M	$1.1M
14	—Gnma II Mortpass 3% 20/mar/2052 SF PN# Ma7937	1.14%	$114.04	1.2M	$1.0M
15	—Gnma II Mortpass 3% 20/nov/2049 SF PN# Ma6283	1.13%	$112.58	1.2M	$1.0M

FlexShares MBSD · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 5, 2026

How It Compares

MBSD

Northern Trust Disciplined Duration MBS ETF’s Peers

YTD


MBB	iSharesRead Desk	0.04%	+0.3%	+1.0%	$36.0B
VMBS	VanguardRead Desk	0.03%	+0.4%	+1.2%	$15.5B
SPMB	SPDRRead Desk	0.04%	+0.2%	+0.9%	$7.0B
JMTG	J.P. MorganRead Desk	0.37%	+0.4%	+1.1%	$6.8B
SMBS	SchwabRead Desk	0.03%	+0.4%	+1.1%	$6.5B
MBSD	FlexSharesThis fundRead Desk	0.21%	+0.2%	+0.9%	$89M

Mortgage peers · YTD and past-year returns · as of Nov 6, 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%

+0.2%

MBB wins+0.0 pts

Past year

+1.0%

+0.9%

MBB wins+0.0 pts

Fee

0.04%

0.21%

MBB winslower fee

Yield

4.4%

4.1%

MBB wins+0.3 pts

AUM

$36.0B

$88.9M

MBB404.9× more

4–0MBB wins

iShares MBB and FlexShares MBSD · year-to-date · as of Nov 6, 2026 · AUM not scored

MBSD vs VOO

YTD

MBSD · Northern Trust Disciplined Duration MBS

+0.2%

VOO · S&P 500

+8.4%

Gap

8.2 pts

FlexShares MBSD and Vanguard VOO · YTD total return · as of Nov 6, 2026

MBSD vs Its Peer Average

YTD

MBSDAvsBPeer average

1D+0.2%−0.1%

1M+2.5%+2.5%

3M−0.1%−2.9%

YTD+0.2%−2.7%

1Y+0.9%−1.5%

3Y+16.5%+18.7%

5Y+3.1%−6.7%

6–1MBSD wins

24 Mortgage peers · each row scaled to its leader

The Details

MBSD

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y3.76%

Deepest drop · 1Y−4.0%

Lowest point · 5Y−12.3%

52-week range

$20.23

$19.70−3.9% from the high$21.06

FlexShares MBSD · past-year price moves · as of Nov 6, 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 6, 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$20.20

Premium / discount[…]

Median spread · 30D[…]

Volume today7K

Average volume · 30D13K

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

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