WisdomTree Mortgage Plus Bond Fund (MTGP)
MTGP is an actively managed ETF by WisdomTree. MTGP launched on Nov 14, 2019 and has a 0.45% expense ratio.
ETF Info
| Issuer | WisdomTree |
|---|---|
| Inception Date | Nov 14, 2019 |
| Region | North America (U.S.) |
| Category | Mortgage Backed Securities, Actively Managed |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
MTGP has a high expense ratio of 0.45%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in WisdomTree Mortgage Plus Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
WisdomTree Mortgage Plus Bond Fund had a return of -1.05% year-to-date (YTD) and 0.21% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.05% | 10.00% |
| 1 month | 0.90% | 2.41% |
| 6 months | 3.59% | 16.70% |
| 1 year | 0.21% | 26.85% |
| 5 years (annualized) | N/A | 12.81% |
| 10 years (annualized) | N/A | 10.84% |
Monthly Returns
The table below presents the monthly returns of MTGP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.16% | -1.23% | 0.74% | -2.58% | -1.05% | ||||||||
| 2023 | 2.51% | -2.43% | 1.87% | 0.33% | -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% |
| 2020 | 1.33% | 0.98% | -2.26% | 1.31% | 0.86% | 0.92% | 0.81% | 0.26% | 0.22% | -0.25% | 0.49% | 0.20% | 4.91% |
| 2019 | 0.17% | 0.10% | 0.27% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MTGP is 11, indicating that it is in the bottom 11% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
MTGP (WisdomTree Mortgage Plus Bond Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for WisdomTree Mortgage Plus Bond Fund (MTGP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
WisdomTree Mortgage Plus Bond Fund granted a 3.27% dividend yield in the last twelve months. The annual payout for that period amounted to $1.40 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $1.40 | $1.32 | $1.08 | $0.83 | $1.34 | $0.11 |
Dividend yield | 3.27% | 3.02% | 2.47% | 1.64% | 2.61% | 0.22% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.11 | $0.11 | $0.12 | $0.13 | $0.00 | $0.46 | |||||||
| 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 | $0.83 |
| 2020 | $0.10 | $0.11 | $0.11 | $0.09 | $0.09 | $0.09 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.40 | $1.34 |
| 2019 | $0.11 | $0.11 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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. The portfolio has not yet recovered.
The current WisdomTree Mortgage Plus Bond Fund drawdown is 9.92%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.63% | Aug 5, 2021 | 560 | Oct 25, 2023 | — | — | — |
| -4.97% | Mar 10, 2020 | 13 | Mar 26, 2020 | 68 | Jul 2, 2020 | 81 |
| -1.24% | Feb 3, 2021 | 47 | Apr 12, 2021 | 78 | Aug 2, 2021 | 125 |
| -0.57% | Dec 4, 2019 | 7 | Dec 12, 2019 | 14 | Jan 3, 2020 | 21 |
| -0.35% | Oct 2, 2020 | 21 | Oct 30, 2020 | 4 | Nov 5, 2020 | 25 |
Volatility
Volatility Chart
The current WisdomTree Mortgage Plus Bond Fund volatility is 1.27%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.