BYRE vs. MORT
Compare and contrast key facts about Principal Real Estate Active Opportunities ETF (BYRE) and VanEck Vectors Mortgage REIT Income ETF (MORT).
BYRE and MORT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BYRE is an actively managed fund by Principal. It was launched on May 18, 2022. MORT is a passively managed fund by VanEck that tracks the performance of the MVIS Global Mortgage REITs Index. It was launched on Aug 16, 2011.
Performance
BYRE vs. MORT - Performance Comparison
Loading graphics...
BYRE vs. MORT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BYRE Principal Real Estate Active Opportunities ETF | 2.60% | 2.35% | 4.18% | 10.82% | -9.01% |
MORT VanEck Vectors Mortgage REIT Income ETF | -2.38% | 12.17% | 0.14% | 14.74% | -14.56% |
Returns By Period
In the year-to-date period, BYRE achieves a 2.60% return, which is significantly higher than MORT's -2.38% return.
BYRE
- 1D
- 1.44%
- 1M
- -6.38%
- YTD
- 2.60%
- 6M
- 0.58%
- 1Y
- 1.04%
- 3Y*
- 5.62%
- 5Y*
- —
- 10Y*
- —
MORT
- 1D
- 2.70%
- 1M
- -4.47%
- YTD
- -2.38%
- 6M
- 1.74%
- 1Y
- 4.11%
- 3Y*
- 9.12%
- 5Y*
- -1.41%
- 10Y*
- 3.04%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BYRE vs. MORT - Expense Ratio Comparison
BYRE has a 0.65% expense ratio, which is higher than MORT's 0.42% expense ratio.
Return for Risk
BYRE vs. MORT — Risk / Return Rank
BYRE
MORT
BYRE vs. MORT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Real Estate Active Opportunities ETF (BYRE) and VanEck Vectors Mortgage REIT Income ETF (MORT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| BYRE | MORT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.07 | 0.20 | -0.13 |
Sortino ratioReturn per unit of downside risk | 0.20 | 0.40 | -0.20 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.05 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.15 | 0.37 | -0.23 |
Martin ratioReturn relative to average drawdown | 0.48 | 1.03 | -0.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BYRE | MORT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.07 | 0.20 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.06 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.11 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.16 | -0.02 |
Correlation
The correlation between BYRE and MORT is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
BYRE vs. MORT - Dividend Comparison
BYRE's dividend yield for the trailing twelve months is around 2.64%, less than MORT's 13.07% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BYRE Principal Real Estate Active Opportunities ETF | 2.64% | 2.71% | 2.31% | 2.63% | 1.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MORT VanEck Vectors Mortgage REIT Income ETF | 13.07% | 12.76% | 11.55% | 12.18% | 13.09% | 8.21% | 8.11% | 7.36% | 8.19% | 7.82% | 8.21% | 9.91% |
Drawdowns
BYRE vs. MORT - Drawdown Comparison
The maximum BYRE drawdown since its inception was -25.70%, smaller than the maximum MORT drawdown of -70.13%. Use the drawdown chart below to compare losses from any high point for BYRE and MORT.
Loading graphics...
Drawdown Indicators
| BYRE | MORT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.70% | -70.13% | +44.43% |
Max Drawdown (1Y)Largest decline over 1 year | -10.82% | -14.55% | +3.73% |
Max Drawdown (5Y)Largest decline over 5 years | — | -42.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -70.13% | — |
Current DrawdownCurrent decline from peak | -6.43% | -23.47% | +17.04% |
Average DrawdownAverage peak-to-trough decline | -9.96% | -15.24% | +5.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.28% | 5.35% | -2.07% |
Volatility
BYRE vs. MORT - Volatility Comparison
The current volatility for Principal Real Estate Active Opportunities ETF (BYRE) is 4.70%, while VanEck Vectors Mortgage REIT Income ETF (MORT) has a volatility of 7.50%. This indicates that BYRE experiences smaller price fluctuations and is considered to be less risky than MORT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BYRE | MORT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.70% | 7.50% | -2.80% |
Volatility (6M)Calculated over the trailing 6-month period | 8.77% | 12.63% | -3.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.00% | 21.00% | -6.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.29% | 23.72% | -5.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.29% | 28.81% | -10.52% |