KW vs. MORT

Last updated Jun 4, 2026

KW (Kennedy-Wilson Holdings, Inc.) is a stock, while MORT (VanEck Vectors Mortgage REIT Income ETF) is REIT fund tracking the MVIS Global Mortgage REITs Index. Over the past 10 years, KW returned -1.54%/yr vs 2.27%/yr for MORT. A 0.50 correlation means they provide meaningful diversification when combined.

Performance

KW vs. MORT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kennedy-Wilson Holdings, Inc. (KW) and VanEck Vectors Mortgage REIT Income ETF (MORT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KW achieves a 14.91% return, which is significantly higher than MORT's -2.10% return. Over the past 10 years, KW has underperformed MORT with an annualized return of -1.54%, while MORT has yielded a comparatively higher 2.27% annualized return.

KW

• 1D: -0.09%
• 1M: 1.01%
• YTD: 14.91%
• 6M: 15.26%
• 1Y: 82.90%
• 3Y*: -6.55%
• 5Y*: -6.12%
• 10Y*: -1.54%

MORT

• 1D: -1.29%
• 1M: -4.89%
• YTD: -2.10%
• 6M: -2.31%
• 1Y: 10.79%
• 3Y*: 8.07%
• 5Y*: -2.36%
• 10Y*: 2.27%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KW vs. MORT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KW Kennedy-Wilson Holdings, Inc.	14.91%	2.60%	-13.83%	-15.99%	-30.55%	39.25%	-14.91%	27.71%	9.06%	-12.15%
MORT VanEck Vectors Mortgage REIT Income ETF	-2.10%	12.17%	0.14%	14.74%	-26.92%	15.95%	-22.39%	21.26%	-4.45%	18.88%

Correlation

The correlation between KW and MORT is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since Aug 18, 2011	0.50

The correlation between KW and MORT shifts across timeframes, from 0.41 (1 year) to 0.61 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

KW vs. MORT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KW

KW Risk / Return Rank: 93
KW Sharpe Ratio Rank: 89
KW Sortino Ratio Rank: 97
KW Omega Ratio Rank: 96
KW Calmar Ratio Rank: 91
KW Martin Ratio Rank: 94

MORT

MORT Risk / Return Rank: 19
MORT Sharpe Ratio Rank: 19
MORT Sortino Ratio Rank: 19
MORT Omega Ratio Rank: 19
MORT Calmar Ratio Rank: 18
MORT Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KW vs. MORT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kennedy-Wilson Holdings, Inc. (KW) 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.

	KW	MORT	Difference
Sharpe ratio: Return per unit of total volatility	2.10	0.66	+1.44
Sortino ratio: Return per unit of downside risk	4.56	1.00	+3.56
Omega ratio: Gain probability vs. loss probability	1.63	1.12	+0.51
Calmar ratio: Return relative to maximum drawdown	4.83	0.76	+4.07
Martin ratio: Return relative to average drawdown	17.60	2.12	+15.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KW vs. MORT - Sharpe Ratio Comparison

The current KW Sharpe Ratio is 2.10, which is higher than the MORT Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of KW and MORT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KW	MORT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	0.66	+1.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.18	-0.10	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.05	0.08	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.16	-0.01

Drawdowns

KW vs. MORT - Drawdown Comparison

The maximum KW drawdown since its inception was -70.67%, roughly equal to the maximum MORT drawdown of -70.13%. Use the drawdown chart below to compare losses from any high point for KW and MORT.

Drawdown Indicators

	KW	MORT	Difference
Max Drawdown Largest peak-to-trough decline	-70.67%	-70.13%	-0.54%
Max Drawdown (1Y) Largest decline over 1 year	-17.27%	-14.27%	-3.00%
Max Drawdown (3Y) Largest decline over 3 years	-60.47%	-21.98%	-38.49%
Max Drawdown (5Y) Largest decline over 5 years	-70.67%	-42.73%	-27.94%
Max Drawdown (10Y) Largest decline over 10 years	-70.67%	-70.13%	-0.54%
Current Drawdown Current decline from peak	-43.88%	-23.25%	-20.63%
Average Drawdown Average peak-to-trough decline	-19.05%	-15.31%	-3.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.73%	5.11%	-0.38%

Volatility

KW vs. MORT - Volatility Comparison

The current volatility for Kennedy-Wilson Holdings, Inc. (KW) is 1.12%, while VanEck Vectors Mortgage REIT Income ETF (MORT) has a volatility of 3.67%. This indicates that KW 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.

Volatility by Period

	KW	MORT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.12%	3.67%	-2.55%
Volatility (6M) Calculated over the trailing 6-month period	11.82%	12.80%	-0.98%
Volatility (1Y) Calculated over the trailing 1-year period	39.76%	16.59%	+23.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.05%	23.70%	+11.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.62%	28.85%	+4.77%

Dividends

KW vs. MORT - Dividend Comparison

KW's dividend yield for the trailing twelve months is around 4.37%, less than MORT's 13.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KW Kennedy-Wilson Holdings, Inc.	4.37%	4.96%	6.01%	7.75%	6.10%	3.77%	4.92%	3.81%	4.29%	4.03%	2.73%	1.99%
MORT VanEck Vectors Mortgage REIT Income ETF	13.30%	12.76%	11.55%	12.18%	13.09%	8.21%	8.11%	7.36%	8.19%	7.82%	8.21%	9.91%

Frequently Asked Questions

Can I hold both KW and MORT in my portfolio?

KW and MORT have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KW or MORT?

MORT has higher volatility (3.67%) compared to KW (1.12%). In terms of maximum drawdown, KW dropped -70.67% vs MORT's -70.13%.

Which has better risk-adjusted returns?

KW currently has the higher Sharpe Ratio (2.10 vs 0.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.