Which funds can replace MBS?

Which ETFs can replace MBS?

Which ETFs can replace MBS? ranked by return similarity
RankTickerFundReturn similarity
1MAGGMadison Aggregate Bond ETF96.0%
2SCCRSchwab Core Bond ETF96.0%
3TCPBThrivent Core Plus Bond ETF95.9%
4PRIVState Street IG Public & Private Credit ETF95.8%
5CGCBCapital Group Core Bond ETF95.8%
6APCBActivePassive Core Bond ETF95.7%
7JBNDJPMorgan Active Bond ETF95.6%
8JHCRJohn Hancock Core Bond ETF95.5%
9SCECSterling Capital Enhanced Core Bond ETF95.5%
10SMBSSchwab Mortgage-Backed Securities ETF95.4%
11DMBSDoubleLine Mortgage ETF95.3%
12UNIYWisdomTree Voya Yield Enhanced USD Universal Bond Fund95.3%
13TRBFAngel Oak Total Return ETF95.3%
14VETZAcademy Veteran Bond ETF95.2%
15AFIXAllspring Broad Market Core Bond ETF95.1%
16JHCPJohn Hancock Core Plus Bond ETF95.1%
17DBNDDoubleLine Opportunistic Bond ETF95.1%
18SECRNYLIM MacKay Securitized Income ETF95.0%
19JMTGJPMorgan Mortgage-Backed Securities ETF94.9%
20TPFITimothy Plan Fixed Income ETF94.9%