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MORT VanEck Vectors Mortgage REIT Income ETF

  • Fund Description

    The VanEck Vectors Mortgage REIT Income ETF (MORT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Mortgage REITs Index (MVMORTTR), which is intended to track the overall performance of mortgage real estate investment trusts.

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    • Fund Ticker

      MORT
    • Exchange

      NYSE Arca
    • Commencement

      08/16/2011
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVMORTTR
    • Index Rebalancing

      Quarterly
  •  
    as of 08/24/16

    • 30-Day SEC Yield1

      10.42%
    • Total Net Assets

      $110.2M
    • Number of Holdings

      25
    • Options

      Expected
    • Gross Expense Ratio2

      0.51%
    • Net Expense Ratio/TER2

      0.41%
    • Distribution Frequency

      Quarterly
    • Next Distribution Date

      09/30/2016
  • Fundamentals
    as of 07/31/16

    • Weighted Average Market Cap

      $3.8B
    • Price/Earnings Ratio
      (Last 12 Months)*

      12.66
    • Price/Book Ratio
      (Last 12 Months)*

      0.94
    *A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.
  • Market Capitalization (%)
    as of 07/31/16

    • Large (>$5.0B)

      32.5%
    • Mid ($1.0 - $5.0B)

      48.5%
    • Small (<$1.0B)

      18.8%
    This breakdown represents what percentage of the ETF's assets represent large/mid/small-sized companies. The market capitalization of an individual, publicly traded company is calculated by multiplying the company's stock price by the total number of its shares outstanding.
  • 3-YR Risk Measures
    as of 07/31/16

    • Beta vs. S&P 500 Index

      0.46
    • Correlation vs. S&P 500 Index

      0.36
    • Volatility (Standard Deviation)

      14.09
    • Sharpe Ratio

      0.57

    Source: VanEck, FactSet.

    Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation.

  • Portfolio Composition (%)
    as of 07/31/16

    • % of Net Assets
    • Stocks

      99.80
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      0.20
  • Country Weightings (%) as of 07/31/16

    • Country

      % of Net Assets
    • UNITED STATES

      99.80
    • Other/Cash

      0.20
  • Currency Exposure (%)
    as of 07/31/16

    • U.S. Dollar

      99.80
    • Other/Cash

      0.20
  • Sector Weightings (%) as of 07/31/16

    • Sector

      % of Net Assets
    • Financials

      99.8
    • Other/Cash

      0.2