Regan Fixed Rate MBS ETF (MBSX) Performance
MBSX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.5% since Dec 31, 2025
- 1 year
- +2.8% total return
- Since first price
- +10.1% since 2025
MBSX trailing returns vs SPY, QQQ, AGG
| Period | MBSX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.8% | −1.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.6% | −3.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +1.6% | +0.6% | +7.8% | +8.4% | −1.5% |
| YTD | +1.5% | −0.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +2.8% | −1.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionApr 30, 2025 | +10.1% | +5.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: MBSX vs SPY
From Apr 30, 2025: MBSX grew to $11,014, SPY to $13,932.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MBSX returns by calendar year
2026 is year to date.
MBSX annual returns table
| Year | MBSX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +1.5% | −27.6% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
MBSX largest drawdowns
Now 24.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 29, 2026 | −27.6% | Jun 2, 2026 | not yet | 4 days | 5 months so far |
| Feb 5, 2026 | −15.5% | Apr 9, 2026 | May 29, 2026 | 2 months | 4 months |
| May 7, 2025 | −12.1% | May 9, 2025 | May 13, 2025 | 2 days | 6 days |
| Nov 14, 2025 | −10.4% | Jan 28, 2026 | Feb 2, 2026 | 2 months | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MBSX risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +4.6% |
| Volatility (annualized) | 34.4% |
| Sharpe ratio | 0.18 |
| Sortino ratio | 0.30 |
| Best month | +30.8% |
| Worst month | −21.9% |
| Best 12 months | +42.6% |
| Worst 12 months | −3.7% |
| Positive months | 71% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
MBSX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 7 | −3.7% | +10.0% | +42.6% | 86% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
MBSX performance overview
Regan Fixed Rate MBS ETF (MBSX) returned +2.8% over the past year, with distributions reinvested. Since its first recorded price on Apr 30, 2025 it has returned +10.1%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −27.6%, from May 29, 2026 to Jun 2, 2026; the fund has not yet regained that high. Volatility has been 34.4% a year.
Related: MBSX chart, MBSX dividends. See the MBSX overview for the latest quote and fund facts.
MBSX performance FAQ
What is the MBSX return over the past year?
MBSX returned +2.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.0%.
How much would $10,000 invested in MBSX be worth?
$10,000 invested in MBSX at its first recorded close on April 30, 2025 would be worth about $11,014 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of MBSX?
The largest peak-to-trough decline was −27.6% between May 29, 2026 and June 2, 2026. It has not yet recovered to that high; it is 24.1% below its peak.
How volatile is MBSX?
Over the past history MBSX had an annualized volatility of 34.4% and a Sharpe ratio of 0.18 (excess return over 1–3 month T-bills per unit of risk).