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Schwab Asset Management

Schwab · US8085246150

Schwab Asset Management is an exchange-traded fund (ETF) from Schwab, traded under the ticker SMBS (ISIN US8085246150). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. At its core it is a focused, thematic fund: it concentrates on the financials part of the market, so it lives or dies by…

Equity ?Unknown Physical ?United States ?
Low yearly feeOwns the shares directlyOtherBroadly spread
Fund size (AUM) ?
€5.6B
1-year return ?
+0.3%
Price Return · to 2026-07-17
Yearly fee (TER) ?
0.03%
All-in cost ≈ 0.00%

About this fund

What you own

By holding it, this fund gives you a stake in around 4,270 companies across Other in a single purchase.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.03%Yearly fee (TER)
0.00%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

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For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Replication ?
Physical
Full — buys every share
Launched
Nov 2024

Performance

97.699.3101103104202420252026

Growth of $100 invested — the line starts at $100.

Schwab Asset Management

End-of-day prices, rebased to a common start so the shapes are comparable. Past performance does not predict future results.

YTD-1.8%
1 year+0.3%

How bumpy has it been?

4.4%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-4.0%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.

The bigger picture

+0.6%
Since inception
Total growth since launch — about +0.3% a year.
+5.1%
Best 12 months
The strongest one-year stretch on record.
-0.5%
Worst 12 months
The weakest one-year stretch on record.
-4.0%
Worst fall on record ?
It has not fully recovered yet.

What's inside

By sector ?

Financials72.1%
Securitized26.2%
Cash/Other1.7%

The 10 biggest holdings make up 0.1% of the fund — the rest is spread across roughly 33 more companies.

Top 10 holdings

#CompanyWeight
824SSC GOVERNMENT MM GVMXX0.0%
827GNMA2 30 YR0.0%
2190FNMA 30YR UMBS MEGA REMIC SUPER0.0%
2247FHLMC 30YR UMBS RVS REMIC SUPER0.0%
3096FHLMC 30YR UMBS RVS REMIC MIRROR0.0%
3191FHLMC 20YR UMBS SUPER0.0%
3242FNMA 10YR0.0%
3319FHLMC 15YR UMBS0.0%
3502FHLMC 20YR UMBS MIRROR0.0%
3853FNMA 20YR UMBS SUPER0.0%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
NYSESMBSUSD★ Primary
USD listings
NYSE ArcaSMBSUSD
OCSMBSUSD
UASMBSUSD
UBSMBSUSD
UCSMBSUSD
UDSMBSUSD
UFSMBSUSD
UMSMBSUSD
USSMBSUSD
UTSMBSUSD
UXSMBSUSD
VFSMBSUSD
VGSMBSUSD
VJSMBSUSD
VKSMBSUSD
VLSMBSUSD
VPSMBSUSD
VYSMBSUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-17 · the fund's own published holdings.

#CompanyWeight
824SSC GOVERNMENT MM GVMXX0.0%
827GNMA2 30 YR0.0%
2190FNMA 30YR UMBS MEGA REMIC SUPER0.0%
2247FHLMC 30YR UMBS RVS REMIC SUPER0.0%
3096FHLMC 30YR UMBS RVS REMIC MIRROR0.0%
3191FHLMC 20YR UMBS SUPER0.0%
3242FNMA 10YR0.0%
3319FHLMC 15YR UMBS0.0%
3502FHLMC 20YR UMBS MIRROR0.0%
3853FNMA 20YR UMBS SUPER0.0%
3897FNMA CONV LONG TERM 30YR - JUMBO-C0.0%
3908FNMA MEGA 30YR REMIC-BACKED0.0%
3983FHLMC 20YR UMBS0.0%
4062FGOLD 20YR0.0%
4117GNMA 30YR0.0%
4124GNMA 30YR PLATINUM0.0%
4150FHLMC GOLD 30YR REVERSE REMIC GIAN0.0%
4175FNMA 20YR0.0%
4178FNMA 30YR UMBS SUPER0.0%
4185FHLMC 15YR UMBS MIRROR0.0%
4186FNMA 15YR UMBS SUPER0.0%
4202FHLMC GOLD 30YR0.0%
4211FGOLD 20YR GIANT0.0%
4212FHLMC GOLD 30YR GIANT0.0%
4213GNMA 30YR PLATINUM0.0%
4216FGOLD 30YR0.0%
4218FNMA 15YR UMBS0.0%
4221FNMA 30YR0.0%
4222GNMA 30YR0.0%
4225FHLMC 30YR UMBS0.0%
4226FGOLD 30YR GIANT0.0%
4233FHLMC 30YR UMBS MIRROR0.0%
4235FNMA 20YR0.0%
4238GNMA2 30YR0.0%
4240FNMA 30YR0.0%
4242FHLMC 30YR UMBS SUPER0.0%
4245FNMA 30YR UMBS0.0%
4252FGOLD 15YR GIANT0.0%
4264FNMA 20YR UMBS0.0%
4265FHLMC 15YR UMBS SUPER0.0%
4266GNMA2 15YR0.0%
4269FNMA 15YR0.0%
4270FGOLD 15YR0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 100% of similar ETFs📈 Higher 1-yr return than 20%📊 Behind its category by 13.4% (1-yr) (category average +13.7%)

Versus the Equity (stocks) · Other · Financials · USD ETFs we track.

Advanced risk

3.3%
Downside deviation ?
50%
Up months (hit rate) ?
$26.09
52-week high ?
$25.04
52-week low ?

Concentration depth

~1,341 ?
Effective number of holdings

Roughly 4,270 companies are held, but the largest names carry most of the weight — so it behaves like ~1,341 equal-sized positions.

Tilt vs a world tracker

US+100.0
United States-72.1
Financials+55.8
Technology-29.2
Securitized+26.2
Industrials-11.6

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Estimated fund flows

+€27.1M
Estimated net flow, last month

Estimated from fund-size changes.

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Other stocks
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Why it's similarThis is the fund on this page.
StocksUnknownPhysical
StocksUnknownPhysical
StocksUnknownPhysical
StocksPhysical
StocksPhysical
StocksUnknownPhysical
Index trackedTechnology Select Sector IndexFTSE Developed ex US IndexFinancial Select Sector Index® ® S&p® 500 Mxn Hdg® ® S&p® 500 HdgHealth Care Select Sector Index
Yearly fee (TER)0.03%0.08%0.03%0.08%0.05%0.05%0.08%
All-in cost0.00%0.00%0.00%0.00%0.06%0.06%0.00%
Fund size€5.6B€105B€56.8B€50.8B€38.3B€38.1B€36.1B
DomicileUnited StatesUnited StatesUnited StatesUnited StatesIrelandIrelandUnited States
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+30.2%+13.9%+18.4%+7.0%
5-yr return p.a.+19.4%+6.7%+9.3%+4.0%
# holdings4,270771,4948050550563

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Data as of 2026-07-17 · Source: issuer data, compiled by Finance Hamster

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