iShares US Mortgage Backed Securities UCITS ETF is a bonds ETF from iShares tracking the US Mortgage Backed Securities index through physical replication. Domiciled in Ireland and launched in 2016, the fund manages about 738 M € and charges a TER of 0.28% — 28 € per year on a €10,000 investment. Income is paid out to investors periodically (distributing).
iShares US Mortgage Backed Securities UCITS ETF competes with 2 other products on the same index (US Mortgage Backed Securities): it ranks 2nd by fund size and 1st by ongoing cost, with a TER of 0.28% against a group median of 0.28%. It has been listed since 2016, 10 years of track record — the oldest in its comparison group.
On a €10,000 investment the TER costs 28 € a year. The cheapest of the group is iShares US Mortgage Backed Securities UCITS Acc at 0.28%, or 28 € on the same amount: a difference of 0 € every year, roughly 0 € over ten years before compounding.
Replication is physical: the fund holds the underlying securities directly. The ten largest positions account for 33.8% of the portfolio.
Income is distributed periodically: it produces cash flow, but reinvesting it is up to you if the goal is capital growth. The fund is denominated in EUR. That is not the same as currency risk: the exposure comes from the currencies of the underlying holdings, not from the denomination or the trading currency of a given listing.
The fund is domiciled in Ireland, which determines the tax treatment of income received by the fund and the supervisory authority.
| BlackRock ICS USD LiqEnvtlyAwr Agcy Inc | 6.6% |
| Fnma Pass-Thru I 2% | 6.1% |
| Gnma2 30yr 2021 Production | 6.0% |
| Fnma Pass-Thru I 2.5% | 2.9% |
| Fnma Pass-Thru I 3% | 2.7% |
| Federal Home Loan Mortgage Corporation 2.5% | 2.6% |
| Federal National Mortgage Association 3.5% | 2.6% |
| Fnma Pass-Thru I 3.5% | 2.2% |
| Federal Home Loan Mortgage Corporation 2% | 2.1% |
| XETRA | QDVP | EUR |
| Francoforte | QDVP | EUR |
| London Stock Exchange | SMBS | GBX |
| London Stock Exchange | IMBS | USD |
Source: the fund's KID and the issuer's official documentation — data verified as of July 2026.
This page is informational and is not an investment recommendation. Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.