- Issuer
- WisdomTree
- Inception Date
- Nov 14, 2019
- Region
- North America (U.S.)
- Category
- Mortgage Backed Securities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $66M
Share Price Chart
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Performance
MTGP Performance Chart
WisdomTree Mortgage Plus Bond Fund (MTGP) is up 0.6% since the beginning of the year. MTGP is currently trading at $44 per share. Investors who bought $1,000 worth of MTGP shares 5 years ago would now be looking at an investment worth $1,018.
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Returns By Period
WisdomTree Mortgage Plus Bond Fund (MTGP) has returned 0.56% so far this year and 5.31% over the past 12 months.
WisdomTree Mortgage Plus Bond Fund
- 1D
- -0.18%
- 1M
- 0.70%
- YTD
- 0.56%
- 6M
- 0.55%
- 1Y
- 5.31%
- 3Y*
- 4.37%
- 5Y*
- 0.35%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MTGP Monthly Returns History
Based on dividend-adjusted daily data since Nov 14, 2019, MTGP's average daily return is 0.00%, while the average monthly return is +0.09%. At this rate, an investment would double in approximately 64.2 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2023 with a return of +4.4%, while the worst month was Sep 2022 at -4.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.
On a daily basis, MTGP closed higher 50% of trading days. The best single day was Nov 14, 2023 with a return of +1.7%, while the worst single day was Jul 15, 2025 at -1.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.54% | 1.22% | -1.58% | 0.20% | 0.15% | 0.06% | 0.56% | ||||||
| 2025 | 0.28% | 2.28% | -0.20% | 0.73% | -0.79% | 2.35% | -1.25% | 1.60% | 0.97% | 0.90% | 0.47% | 0.04% | 7.57% |
| 2024 | 0.16% | -1.23% | 0.74% | -2.59% | 1.68% | 1.27% | 2.85% | 1.10% | 1.41% | -2.62% | 1.19% | -1.34% | 2.48% |
| 2023 | 2.51% | -2.43% | 1.87% | 0.34% | -0.42% | -0.80% | -0.28% | -0.44% | -2.47% | -1.76% | 4.43% | 3.61% | 3.96% |
| 2022 | -1.07% | -0.92% | -2.42% | -2.72% | 0.15% | -1.42% | 2.29% | -2.55% | -4.09% | -1.83% | 2.55% | 0.34% | -11.29% |
| 2021 | 0.39% | -0.97% | -0.19% | 0.39% | 0.15% | 0.11% | 0.55% | -0.03% | -0.54% | -0.24% | 0.16% | -0.41% | -0.64% |
Benchmark Metrics
WisdomTree Mortgage Plus Bond Fund has an annualized alpha of 1.00%, beta of 0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since November 14, 2019.
- This ETF participated in 24.42% of S&P 500 Index downside but only 11.87% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.01 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 1.00%
- Beta
- 0.01
- R²
- 0.00
- Upside Capture
- 11.87%
- Downside Capture
- 24.42%
Expense Ratio
MTGP has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MTGP ranks 35 for risk / return — below 35% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for WisdomTree Mortgage Plus Bond Fund (MTGP) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MTGP | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.37 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | 2.78 | -0.67 |
| Martin ratioReturn relative to average drawdown | 5.40 | 12.44 | -7.04 |
Dividends
Dividend History
WisdomTree Mortgage Plus Bond Fund provided a 4.31% dividend yield over the last twelve months, with an annual payout of $1.90 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.90 | $1.86 | $1.75 | $1.32 | $1.08 | $0.82 | $1.34 |
Dividend yield | 4.31% | 4.19% | 4.05% | 3.02% | 2.47% | 1.64% | 2.61% |
Monthly Dividends
The table displays the monthly dividend distributions for WisdomTree Mortgage Plus Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.15 | $0.13 | $0.14 | $0.14 | $0.15 | $0.00 | $0.71 | ||||||
| 2025 | $0.14 | $0.12 | $0.14 | $0.14 | $0.14 | $0.13 | $0.15 | $0.14 | $0.15 | $0.20 | $0.20 | $0.25 | $1.86 |
| 2024 | $0.11 | $0.11 | $0.12 | $0.13 | $0.14 | $0.14 | $0.14 | $0.13 | $0.13 | $0.13 | $0.18 | $0.31 | $1.75 |
| 2023 | $0.08 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.13 | $0.12 | $0.12 | $0.11 | $0.12 | $0.17 | $1.32 |
| 2022 | $0.07 | $0.06 | $0.04 | $0.05 | $0.06 | $0.05 | $0.06 | $0.07 | $0.09 | $0.11 | $0.14 | $0.30 | $1.08 |
| 2021 | $0.08 | $0.08 | $0.07 | $0.08 | $0.08 | $0.08 | $0.08 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.82 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the WisdomTree Mortgage Plus Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the WisdomTree Mortgage Plus Bond Fund was 16.63%, occurring on Oct 25, 2023. Recovery took 495 trading sessions.
The current WisdomTree Mortgage Plus Bond Fund drawdown is 1.18%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 correction2023 | -16.63%Oct 2023 | 2y 2mo | 1y 11mo | 4y 2moAug 2021 - Oct 2025 |
COVID crash2020 | -4.97%Mar 2020 | 16d | 3mo 8d | 3mo 24dMar 2020 - Jul 2020 |
2026 pullback2026 | -2.53%May 2026 | 2mo 18d | — | 3mo 23dMar 2026 - now |
2025 pullback2025 | -1.32%Nov 2025 | 7d | 2mo 5d | 2mo 12dOct 2025 - Jan 2026 |
2021 pullback2021 | -1.24%Apr 2021 | 2mo 8d | 3mo 22d | 6moFeb 2021 - Aug 2021 |
Drawdown Indicators
| MTGP | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.63% | -56.78% | +40.15% |
Max Drawdown (1Y)Largest decline over 1 year | -2.53% | -9.10% | +6.57% |
Max Drawdown (3Y)Largest decline over 3 years | -6.46% | -18.90% | +12.44% |
Max Drawdown (5Y)Largest decline over 5 years | -16.63% | -25.43% | +8.80% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.18% | -1.80% | +0.62% |
Average DrawdownAverage peak-to-trough decline | -5.08% | -10.71% | +5.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 2.03% | -1.04% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with MTGP
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