MBBA vs SPY

BlackRock ETF Trust II iShares Mortgage-Backed Securities Acti compared with State Street SPDR S&P 500 ETF Trust on yield, payout growth, payment schedule, cost and risk.

MBBA

BlackRock ETF Trust II iShares Mortgage-Backed Securities Acti

3.03%

TTM yield · Monthly

VS

SPY

State Street SPDR S&P 500 ETF Trust

0.98%

TTM yield · Quarterly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricMBBASPY
Share price$48.68$765.96
TTM yield3.03%0.98%
Forward yield5.19%0.99%
Annual payout per share$2.5251$7.616
Payment frequencyMonthlyQuarterly
Next ex-dateOct 1, 2026 (est.)Sep 17, 2026 (est.)
Expense ratio0.09%
1-year payout growth+5.0%
5-year payout CAGR+6.2%
Consecutive years of increases0 years12 years
Payout consistency (last 12)80/10093/100
1-year total return+19.9%
1-year price return+18.7%
Size (market cap / AUM)811.9B
Years paying0.533.5
Sector / categoryLarge Blend

✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).

$10,000 invested today

MBBASPY
Shares205.413.1
Income per year$519$99
Income per month (avg)$43$8

At forward yields, before taxes. Model MBBA · Model SPY

Next payments

Ex-datePay datePer shareStatus
MBBA Oct 1, 2026Oct 15, 2026$0.2104Est.
MBBA Oct 31, 2026Nov 14, 2026$0.2104Est.
MBBA Nov 30, 2026Dec 14, 2026$0.2104Est.
SPY Sep 17, 2026Oct 1, 2026$1.904Est.
SPY Dec 17, 2026Dec 31, 2026$1.904Est.
SPY Mar 18, 2027Apr 1, 2027$1.904Est.

Annual payouts per share

MBBASPY

Annual dividend per share, MBBA vs SPY, 2019 to 2026SPYMBBA$0.00$4.00$8.00MBBA 2019: $0.00SPY 2019: $5.6192019MBBA 2020: $0.00SPY 2020: $5.6912020MBBA 2021: $0.00SPY 2021: $5.7152021MBBA 2022: $0.00SPY 2022: $6.322022MBBA 2023: $0.00SPY 2023: $6.6332023MBBA 2024: $0.00SPY 2024: $7.0662024MBBA 2025: $0.00SPY 2025: $7.2812025MBBA 2026 (YTD): $1.473SPY 2026 (YTD): $3.7012026 YTD

Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.

FAQ

Which has the higher dividend yield, MBBA or SPY?

MBBA currently has the higher trailing yield: MBBA yields 3.03% and SPY yields 0.98%. Yield changes daily with price, so check the live figures above.

How often do MBBA and SPY pay?

MBBA pays every month and SPY pays every quarter. MBBA's next ex-date is Oct 1, 2026 and SPY's is Sep 17, 2026.

Is MBBA or SPY better for income?

It depends on what you are optimising for. MBBA and SPY differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.

Related comparisons

MBBA dividend history →
SPY dividend history →

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