WisdomTree Mortgage Plus Bond Fund (MTGP) Performance
MTGP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.1% since Dec 31, 2025
- 1 year
- −0.7% total return
- 5 years
- +0.1% a year
- Since first price
- +0.7% a year since 2019
MTGP trailing returns vs AGG, TLT, SPY
| Period | MTGP total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.6% | +0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.2% | −2.3% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.8% | −3.9% | −1.5% | −3.8% | +7.8% |
| YTD | −1.1% | −4.1% | −1.0% | −3.4% | +12.3% |
| 1 year | −0.7% | −5.1% | −1.1% | −6.9% | +14.4% |
| 3 years | +18.4%+5.8%/yr | +4.7% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +0.5%+0.1%/yr | −15.3% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionNov 14, 2019 | +5.1%+0.7%/yr | −15.0% | — | — | — |
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: MTGP vs AGG
From Nov 14, 2019: MTGP grew to $10,506, AGG to $10,466.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MTGP returns by calendar year
4 of 6 full years positive. Best 2025 (+7.6%), worst 2022 (−11.3%). 2026 is year to date.
MTGP annual returns table
| Year | MTGP | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.1% | −4.7% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.6% | −2.6% | +7.2% | +4.3% | +17.7% |
| 2024 | +2.5% | −4.5% | +1.3% | −8.1% | +24.9% |
| 2023 | +4.0% | −8.0% | +5.7% | +2.8% | +26.2% |
| 2022 | −11.3% | −14.6% | −13.0% | −31.2% | −18.2% |
| 2021 | −0.6% | −1.5% | −1.8% | −4.6% | +28.7% |
| 2020 | +4.9% | −5.0% | +7.5% | +18.2% | +18.3% |
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.
MTGP largest drawdowns
Now 2.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 4, 2021 | −16.6% | Oct 25, 2023 | Oct 16, 2025 | 2.2 years | 4.2 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
MTGP risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +4.4% | −0.4% | +0.4% |
| Volatility (annualized) | 5.8% | 6.1% | 5.4% |
| Sharpe ratio | 0.02 | -0.63 | -0.39 |
| Sortino ratio | 0.03 | -0.78 | -0.50 |
| Best month | +4.4% | +4.4% | +4.4% |
| Worst month | −3.0% | −4.1% | −4.1% |
| Best 12 months | +12.0% | +12.0% | +12.0% |
| Worst 12 months | −1.5% | −14.0% | −14.0% |
| Positive months | 69% | 55% | 60% |
| Beta vs S&P 500 | 0.22 | 0.21 | — |
| Correlation with S&P 500 | 0.48 | 0.55 | — |
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.
MTGP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 72 | −14.0% | +1.8% | +12.0% | 62% |
| 3-year (a year) | 48 | −5.2% | −1.6% | +5.7% | 42% |
| 5-year (a year) | 24 | −0.5% | +0.1% | +0.7% | 67% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
MTGP performance overview
WisdomTree Mortgage Plus Bond Fund (MTGP) returned −0.7% over the past year and +0.1% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +0.7% a year, turning $10,000 into about $10,506. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −16.6%, from Aug 4, 2021 to Oct 25, 2023, and it took 2.0 years to get back to the old high. MTGP finished 4 of its 6 full calendar years with a gain; the best year was 2025 (+7.6%) and the worst 2022 (−11.3%). Volatility has been 5.4% a year.
Related: MTGP chart, MTGP dividends, MTGP bond profile. See the MTGP overview for the latest quote and fund facts.
MTGP performance FAQ
What is the MTGP return over the past year?
MTGP returned −0.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.1%.
What is the average annual return of MTGP?
MTGP has returned +0.1% a year over 5 years, +0.7% a year since November 14, 2019 (total return, distributions reinvested).
How much would $10,000 invested in MTGP be worth?
$10,000 invested in MTGP at its first recorded close on November 14, 2019 would be worth about $10,506 on October 23, 2026 with distributions reinvested.
What was the worst year for MTGP?
The worst calendar year was 2022, with a total return of −11.3%. The best was 2025 at +7.6%.
What is the biggest drawdown of MTGP?
The largest peak-to-trough decline was −16.6% between August 4, 2021 and October 25, 2023. It recovered to the old high on October 16, 2025, 2.0 years after the bottom.
How volatile is MTGP?
Over the past 3 years MTGP had an annualized volatility of 5.8% and a Sharpe ratio of 0.02 (excess return over 1–3 month T-bills per unit of risk).