VanEck Mortgage REIT Income ETF (MORT) Performance
MORT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −16.9% since Dec 31, 2025
- 1 year
- −14.1% total return
- 5 years
- −5.9% a year
- 10 years
- +0.1% a year
- Since first price
- +2.8% a year since 2011
MORT trailing returns vs SPY, QQQ, AGG
| Period | MORT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −9.4% | −12.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −16.2% | −19.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −19.5% | −25.6% | +7.8% | +8.4% | −1.5% |
| YTD | −16.9% | −25.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −14.1% | −25.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +15.9%+5.0%/yr | −20.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −26.4%−5.9%/yr | −60.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +0.7%+0.1%/yr | −63.9% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +64.1%+3.4%/yr | −65.1% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionAug 17, 2011 | +51.3%+2.8%/yr | −68.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: MORT vs SPY
From Aug 17, 2011: MORT grew to $15,126, SPY to $82,890.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MORT returns by calendar year
10 of 14 full years positive. Best 2012 (+22.6%), worst 2022 (−26.9%). 2026 is year to date.
MORT annual returns table
| Year | MORT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −16.9% | −26.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +12.2% | −19.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +0.2% | −10.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +14.8% | −25.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −26.9% | −39.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +16.0% | −12.2% | +28.7% | +27.4% | −1.8% |
| 2020 | −22.4% | −70.1% | +18.3% | +48.6% | +7.5% |
| 2019 | +21.3% | −7.0% | +31.2% | +39.0% | +8.5% |
| 2018 | −4.4% | −13.2% | −4.6% | −0.1% | +0.1% |
| 2017 | +18.9% | −7.3% | +21.7% | +32.7% | +3.6% |
| 2016 | +21.8% | −14.9% | +12.0% | +7.1% | +2.4% |
| 2015 | −9.8% | −18.6% | +1.2% | +9.4% | +0.5% |
| 2014 | +17.9% | −6.3% | +13.5% | +19.2% | +6.0% |
| 2013 | +1.2% | −24.6% | +32.3% | +36.6% | −2.0% |
| 2012 | +22.6% | −13.0% | +16.0% | +18.1% | +3.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
MORT largest drawdowns
Now 34.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2020 | −70.1% | Apr 3, 2020 | not yet | 43 days | 6.7 years so far |
| Apr 13, 2015 | −24.6% | Jan 21, 2016 | Jul 19, 2016 | 9 months | 1.3 years |
| Apr 30, 2013 | −24.6% | Aug 19, 2013 | Aug 21, 2014 | 4 months | 1.3 years |
| Aug 17, 2011 | −14.2% | Oct 3, 2011 | Jan 13, 2012 | 47 days | 5 months |
| Sep 6, 2018 | −13.2% | Dec 24, 2018 | Apr 1, 2019 | 4 months | 7 months |
| Sep 21, 2012 | −13.0% | Nov 14, 2012 | Jan 8, 2013 | 54 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MORT risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +2.3% | −4.2% | +0.3% | +3.2% |
| Volatility (annualized) | 19.0% | 25.3% | 28.4% | 24.4% |
| Sharpe ratio | -0.02 | -0.19 | 0.11 | 0.22 |
| Sortino ratio | -0.02 | -0.25 | 0.13 | 0.28 |
| Best month | +14.2% | +16.3% | +18.5% | +18.5% |
| Worst month | −13.8% | −23.7% | −55.8% | −55.8% |
| Best 12 months | +25.7% | +25.7% | +110.6% | +110.6% |
| Worst 12 months | −9.9% | −36.3% | −54.3% | −54.3% |
| Positive months | 56% | 52% | 62% | 63% |
| Beta vs S&P 500 | 0.90 | 1.22 | 1.33 | — |
| Correlation with S&P 500 | 0.59 | 0.76 | 0.72 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
MORT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 171 | −54.3% | +5.7% | +110.6% | 65% |
| 3-year (a year) | 147 | −19.4% | +4.8% | +17.4% | 67% |
| 5-year (a year) | 123 | −9.2% | +4.5% | +13.8% | 61% |
| 10-year (a year) | 63 | −0.3% | +2.3% | +7.8% | 94% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
MORT performance overview
VanEck Mortgage REIT Income ETF (MORT) returned −14.1% over the past year and +0.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +2.8% a year, turning $10,000 into about $15,126. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −70.1%, from Feb 20, 2020 to Apr 3, 2020; the fund has not yet regained that high. MORT finished 10 of its 14 full calendar years with a gain; the best year was 2012 (+22.6%) and the worst 2022 (−26.9%). Volatility has been 24.4% a year.
Related: MORT chart, MORT holdings, MORT dividends, MORT valuation. See the MORT overview for the latest quote and fund facts.
MORT performance FAQ
What is the MORT return over the past year?
MORT returned −14.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 25.7%.
What is the average annual return of MORT?
MORT has returned −5.9% a year over 5 years, +0.1% a year over 10 years, +2.8% a year since August 17, 2011 (total return, distributions reinvested).
How much would $10,000 invested in MORT be worth?
$10,000 invested in MORT at its first recorded close on August 17, 2011 would be worth about $15,126 on October 23, 2026 with distributions reinvested.
What was the worst year for MORT?
The worst calendar year was 2022, with a total return of −26.9%. The best was 2012 at +22.6%.
What is the biggest drawdown of MORT?
The largest peak-to-trough decline was −70.1% between February 20, 2020 and April 3, 2020. It has not yet recovered to that high; it is 34.8% below its peak.
How volatile is MORT?
Over the past 3 years MORT had an annualized volatility of 19.0% and a Sharpe ratio of -0.02 (excess return over 1–3 month T-bills per unit of risk).