WisdomTree Mortgage Plus Bond Fund (MTGP) Alternatives
WisdomTree Mortgage Plus Bond Fund (MTGP) belongs to the Mortgage Backed Securities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MTGP. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to MTGP
MTGP charges 0.45% annually. Among ETFs in the Mortgage Backed Securities category, these options have the lowest expense ratios among MTGP alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| SPDR Portfolio Mortgage Backed Bond ETF | 0.04% | Jan 15, 2009 | MTGP vs SPMB | |
| Vanguard Mortgage-Backed Securities ETF | 0.04% | Nov 19, 2009 | MTGP vs VMBS | |
| iShares MBS Bond ETF | 0.06% | Mar 16, 2007 | MTGP vs MBB | |
| iShares GNMA Bond ETF | 0.15% | Feb 14, 2012 | MTGP vs GNMA | |
| FlexShares Disciplined Duration MBS Index Fund | 0.20% | Sep 4, 2014 | MTGP vs MBSD |
Best Risk-Adjusted Alternatives to MTGP
Among ETFs in the Mortgage Backed Securities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | 97 | Nov 4, 2013 | MTGP vs FTSD | |
| First Trust Low Duration Mortgage Opportunities ET... | 93 | Nov 4, 2014 | MTGP vs LMBS | |
| Virtus Newfleet ABS/MBS ETF | 92 | Feb 9, 2021 | MTGP vs VABS | |
| iShares CMBS ETF | 74 | Feb 14, 2012 | MTGP vs CMBS | |
| PIMCO Mortgage-Backed Securities Active Exchange-T... | 68 | Jul 31, 1997 | MTGP vs PMBS |
Top Performing MTGP Alternatives (YTD)
MTGP alternatives from the Mortgage Backed Securities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Virtus Newfleet ABS/MBS ETF | 0.75% | Feb 9, 2021 | MTGP vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 0.66% | Nov 4, 2014 | MTGP vs LMBS | |
| PIMCO Mortgage-Backed Securities Active Exchange-T... | 0.61% | Jul 31, 1997 | MTGP vs PMBS | |
| JPMorgan Mortgage-Backed Securities ETF | 0.59% | Aug 18, 2000 | MTGP vs JMTG | |
| SPDR Portfolio Mortgage Backed Bond ETF | 0.51% | Jan 15, 2009 | MTGP vs SPMB |
Lowest Volatility Alternatives to MTGP
MTGP alternatives from the Mortgage Backed Securities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | 1.97% | Nov 4, 2013 | MTGP vs FTSD | |
| Virtus Newfleet ABS/MBS ETF | 2.23% | Feb 9, 2021 | MTGP vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 2.57% | Nov 4, 2014 | MTGP vs LMBS | |
| Eaton Vance Mortgage Opportunities ETF | 2.79% | Aug 4, 2025 | MTGP vs EVMO | |
| iShares Securitized Income Active ETF | 3.68% | Jan 26, 2026 | MTGP vs SECU |
Lowest Drawdown Alternatives to MTGP
MTGP alternatives from the Mortgage Backed Securities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | -0.93% | Nov 4, 2013 | MTGP vs FTSD | |
| Virtus Newfleet ABS/MBS ETF | -1.05% | Feb 9, 2021 | MTGP vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | -1.72% | Nov 4, 2014 | MTGP vs LMBS | |
| FlexShares Disciplined Duration MBS Index Fund | -2.22% | Sep 4, 2014 | MTGP vs MBSD | |
| iShares CMBS ETF | -2.44% | Feb 14, 2012 | MTGP vs CMBS |
Other ETFs from WisdomTree
Most popular WisdomTree ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| WisdomTree U.S. Dividend Growth Fund | Large Cap Growth Equities, Dividend | 49 | -1.50% | May 22, 2013 | MTGP vs DGRW | |
| WisdomTree Bloomberg Floating Rate Treasury Fund | Government Bonds | 100 | 0.93% | Feb 4, 2014 | MTGP vs USFR | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | Gold | 89 | 2.08% | Mar 15, 2022 | MTGP vs GDE | |
| WisdomTree Japan Hedged Equity Fund | Japan Equities | 93 | 10.00% | Jun 16, 2006 | MTGP vs DXJ | |
| WisdomTree U.S. Efficient Core Fund | Diversified Portfolio, Actively Managed | 60 | -4.59% | Aug 2, 2018 | MTGP vs NTSX | |
| WisdomTree US High Dividend Fund | Large Cap Value Equities, Dividend | 59 | 8.00% | Jun 16, 2006 | MTGP vs DHS | |
| WisdomTree India Earnings Fund | Asia Pacific Equities | 5 | -11.86% | Feb 22, 2008 | MTGP vs EPI | |
| WisdomTree U.S. Quality Growth Fund | Large Cap Growth Equities | 57 | -8.93% | Dec 15, 2022 | MTGP vs QGRW | |
| WisdomTree Efficient Gold Plus Gold Miners Strateg... | Commodities, Gold | 91 | 8.77% | Dec 16, 2021 | MTGP vs GDMN | |
| WisdomTree US Value ETF | Large Cap Value Equities | 61 | 2.09% | Feb 23, 2007 | MTGP vs WTV |
Often Compared With MTGP
What investors most often compare with MTGP, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Global X SuperDividend U.S. ETF | Dividend | 30 | 10.31% | Mar 11, 2013 | MTGP vs DIV | |
| AAM S&P 500 High Dividend Value ETF | Dividend, S&P 500 | 62 | 8.31% | Nov 28, 2017 | MTGP vs SPDV |
Compare MTGP with Any Fund or Stock
Compare MTGP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.