This ETF offers exposure to mortgage REITs, a corner of the real estate market that features both significant risks and potential for significant returns. Unlike more traditional REITs, mortgage REITs don’t actually own real estate. Instead, these entities generate revenue through real estate financing by issuing mortgages or acquiring loans and mortgage-backed securities. The streams of revenue generated from these operations can often be substantial, making MORT a potentially attractive tool for investors seeking to enhance the current returns generated from their portfolios. As such, this ETF has the potential to be useful as a yield enhancement tool in a long-term portfolio, and it can certainly also be useful in shorter-term strategies as well.
It should be noted, however, that MORT is capable of significant volatility; because many of the underlying entities utilize leverage in their operations, this ETF can be fairly sensitive to interest rate changes and the overall health of the U.S. real estate market. Investors considering a position should take a look at the underlying portfolio in order to determine the extent to which leverage is used (Van Eck provides this information on its web site).
The MORT portfolio is somewhat concentrated; the number of holdings is relatively shallow, and a small handful of components makes up a significant portion of total assets. However, it’s important to keep in mind that component companies generally have exposure to thousands of individual mortgages or other real estate-related securities, potentially lessening the importance of balance in this corner of the markets.
For investors looking to achieve attractive current returns and willing to take on a bit of risk to do so, MORT can be an intriguing destination. Investors looking for other options may want to take a look at REM, which features a fair amount of overlap with this fund. Those looking for more broad-based real estate exposure have a number of choices in the Real Estate and International Real Estate ETFdb Categories.
It should be noted, however, that MORT is capable of significant volatility; because many of the underlying entities utilize leverage in their operations, this ETF can be fairly sensitive to interest rate changes and the overall health of the U.S. real estate market. Investors considering a position should take a look at the underlying portfolio in order to determine the extent to which leverage is used (Van Eck provides this information on its web site).
The MORT portfolio is somewhat concentrated; the number of holdings is relatively shallow, and a small handful of components makes up a significant portion of total assets. However, it’s important to keep in mind that component companies generally have exposure to thousands of individual mortgages or other real estate-related securities, potentially lessening the importance of balance in this corner of the markets.
For investors looking to achieve attractive current returns and willing to take on a bit of risk to do so, MORT can be an intriguing destination. Investors looking for other options may want to take a look at REM, which features a fair amount of overlap with this fund. Those looking for more broad-based real estate exposure have a number of choices in the Real Estate and International Real Estate ETFdb Categories.
| Segment | Equity: U.S. Mortgage REITs |
| Category | Sector |
| Focus | Financials |
| Niche | Mortgage REITs |
| Strategy | Vanilla |
| Weighting Scheme | Market Cap |
This section compares how balanced and deep this ETF is relative to its peers.
| MORT | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 25 | 82 | 28 |
| % of Assets in Top 10 | 65.70% | 48.39% | 58.89% |
| % of Assets in Top 15 | 80.60% | 62.20% | 75.16% |
| % of Assets in Top 50 | 99.99% | 92.27% | 100.00% |
| MORT | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 0.00% | 50.99% | 0.00% |
| Mid (>2.7B) | 55.14% | 23.60% | 44.70% |
| Small (>600M) | 38.48% | 10.26% | 47.56% |
| Micro (<600M) | 5.84% | 1.77% | 6.83% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| MORT | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.32 | $ 0.31 | $ 0.35 |
| Dividend Date | 2024-10-01 | N/A | N/A |
| Annual Dividend Rate | $ 1.21 | $ 1.35 | $ 1.92 |
| Annual Dividend Yield | 10.54% | 3.74% | 10.03% |
View charts featuring MORT price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -1.13 M 1 Month Net Flows: 5.53 M 3 Month Net Flows: 17.22 M 6 Month Net Flows: 32.97 M 1 Year Net Flows: 85.94 M 3 Year Net Flows: 94.24 M 5 Year Net Flows: 219.48 M 10 Year Net Flows: 303.97 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -16.52 MThe adjacent table gives investors an individual Realtime Rating for MORT on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Real Estate with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| MORT |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -0.82% | -0.11% | -1.50% |
| 3 Month Return | 5.46% | 11.29% | 4.77% |
| YTD Return | 2.84% | 8.74% | 0.41% |
| 1 Year Return | 20.39% | 27.81% | 16.91% |
| 3 Year Return | -5.75% | 0.21% | -4.11% |
| 5 Year Return | -3.42% | 1.60% | -2.21% |
The following charts reflect the geographic spread of MORT's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 99.99% |
| Country | Percentage |
|---|---|
| United States | 99.99% |
The following charts reflect the allocation of MORT's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 99.99% |
| Market Cap | Percentage |
|---|---|
| Mid | 55.14% |
| Small | 38.48% |
| Micro | 5.84% |
| Large | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 99.99% |
| Sector | Percentage |
|---|---|
| Finance | 99.99% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 172.44% |
| 20 Day Volatility | 16.46% |
| 50 Day Volatility | 16.66% |
| 200 Day Volatility | 18.02% |
| Beta | 1.51 |
| Standard Deviation | 0.68% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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