MORT — VanEck Mortgage REIT Income ETF

MORT Price Performance — Growth of $10,000

Value of a $10,000 investment in MORT over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

MORT Drawdown

The "underwater" chart: MORT's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The VanEck Mortgage REIT Income ETF (MORT) operates within the Real Estate category, which ETFValuer tracks as containing 11 funds. Issued by VanEck, the fund manages $400 million in assets and trades at a price of $9.72 per share. It holds an overall rank of #421 out of 458 tracked ETFs across all categories, receiving an ETFValuer grade of D with a score of 40.1 out of 100. The fund carries an expense ratio of 0.43% while offering a dividend yield of 12.75%. This combination of a mid-tier asset size and a high yield suggests a specific income-focused strategy rather than broad capital appreciation. The current price and asset level reflect its position among a limited set of peers in the Real Estate sector.

Recent price action shows a one-day gain of 0.73% following a one-week decline of 3.09%. Over the past month, the fund posted a slight increase of 0.16%, though the three-month return has fallen to -3.19%. Year-to-date performance stands at -2.02%, while the six-month return is down 6.30%. In contrast, the one-year return has reached +4.34%, and the three-year return is significantly higher at +14.96%. This pattern indicates a divergence where short-term results have been negative while longer-term horizons have delivered positive gains. The fund's closest category peers, USRT and RWR, have recorded one-year returns of +23.80% and +24.85% respectively.

The fund is assigned a Moderate volatility label and has a beta of 0.93 relative to its benchmark. A Sharpe ratio of -0.04 indicates that the risk-adjusted returns have been negative over the measured period. The maximum drawdown recorded for the ETF is -21.86%, highlighting the potential for significant capital loss during market downturns. This combination of a beta below 1.0 and a negative Sharpe ratio suggests the fund has not provided sufficient return compensation for the volatility it exhibits. The moderate volatility classification aligns with the observed drawdown, implying the fund experiences notable price swings without consistent upward momentum. Investors should consider these metrics when evaluating the fund's behavior in both rising and falling market environments.

AI-generated summary based on the data on this page.

MORT Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 69.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how MORT's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With MORT

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with MORT's top 10 — REM overlaps most, holding 9 of the same companies as MORT's top 10 (64.9% of MORT's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

MORT Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.10% and average daily volume is 948K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $400M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: MORT is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

MORT Performance History

How MORT Compares to Other Real Estate ETFs