MFA vs. BXMT
MFA (MFA Financial, Inc.) and BXMT (Blackstone Mortgage Trust, Inc.) are both stocks. Both operate in the REIT - Mortgage industry within the Real Estate sector. Over the past 10 years, MFA returned 1.15%/yr vs 5.02%/yr for BXMT. At a 0.36 correlation, their price movements are largely independent.
Performance
MFA vs. BXMT - Performance Comparison
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Returns By Period
In the year-to-date period, MFA achieves a 6.33% return, which is significantly higher than BXMT's -3.07% return. Over the past 10 years, MFA has underperformed BXMT with an annualized return of 1.15%, while BXMT has yielded a comparatively higher 5.02% annualized return.
MFA
- 1D
- 1.60%
- 1M
- 0.21%
- YTD
- 6.33%
- 6M
- 5.69%
- 1Y
- 17.48%
- 3Y*
- 7.67%
- 5Y*
- 0.22%
- 10Y*
- 1.15%
BXMT
- 1D
- 1.46%
- 1M
- 0.72%
- YTD
- -3.07%
- 6M
- -5.60%
- 1Y
- 3.30%
- 3Y*
- 7.73%
- 5Y*
- -0.89%
- 10Y*
- 5.02%
MFA vs. BXMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MFA MFA Financial, Inc. | 6.33% | 6.07% | 2.63% | 30.66% | -37.20% | 27.71% | -40.87% | 27.54% | -5.85% | 14.30% |
BXMT Blackstone Mortgage Trust, Inc. | -3.07% | 21.13% | -7.90% | 13.46% | -24.03% | 20.27% | -17.83% | 25.16% | 6.95% | 15.77% |
Correlation
The correlation between MFA and BXMT is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 1998 | 0.36 |
Over the past year, MFA and BXMT have become more correlated (0.64) than their long-term average of 0.36, meaning their price movements have been converging.
Fundamentals
MFA:
$1.70
BXMT:
$0.61
MFA:
5.60
BXMT:
29.84
MFA:
0.26
BXMT:
1.47
MFA:
2.19
BXMT:
2.01
MFA:
$343.42M
BXMT:
$1.54B
MFA:
$413.35M
BXMT:
$960.53M
MFA:
$341.51M
BXMT:
$957.49M
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Return for Risk
MFA vs. BXMT — Risk / Return Rank
MFA
BXMT
MFA vs. BXMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFA Financial, Inc. (MFA) and Blackstone Mortgage Trust, Inc. (BXMT). 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.
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.
| MFA | BXMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.04 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 0.28 | +1.16 |
| Martin ratioReturn relative to average drawdown | 3.15 | 0.60 | +2.54 |
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Drawdowns
MFA vs. BXMT - Drawdown Comparison
The maximum MFA drawdown since its inception was -95.52%, roughly equal to the maximum BXMT drawdown of -97.98%. Use the drawdown chart below to compare losses from any high point for MFA and BXMT.
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Drawdown Indicators
| MFA | BXMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.52% | -97.98% | +2.46% |
Max Drawdown (1Y)Largest decline over 1 year | -12.22% | -12.02% | -0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -31.62% | -23.29% | -8.33% |
Max Drawdown (5Y)Largest decline over 5 years | -56.54% | -43.02% | -13.52% |
Max Drawdown (10Y)Largest decline over 10 years | -95.52% | -67.86% | -27.66% |
Current DrawdownCurrent decline from peak | -31.67% | -34.94% | +3.27% |
Average DrawdownAverage peak-to-trough decline | -21.55% | -49.05% | +27.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.56% | 5.48% | +0.08% |
Volatility
MFA vs. BXMT - Volatility Comparison
The current volatility for MFA Financial, Inc. (MFA) is 6.62%, while Blackstone Mortgage Trust, Inc. (BXMT) has a volatility of 7.13%. This indicates that MFA experiences smaller price fluctuations and is considered to be less risky than BXMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MFA | BXMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.62% | 7.13% | -0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 17.24% | 16.79% | +0.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.64% | 21.91% | +0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.59% | 27.75% | +3.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 84.77% | 32.64% | +52.13% |
Dividends
MFA vs. BXMT - Dividend Comparison
MFA's dividend yield for the trailing twelve months is around 15.11%, more than BXMT's 10.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BXMT Blackstone Mortgage Trust, Inc. | 10.39% | 9.83% | 12.52% | 11.66% | 11.71% | 8.10% | 9.01% | 6.66% | 7.78% | 7.71% | 8.25% | 8.52% |
MFA MFA Financial, Inc. | 15.11% | 15.47% | 13.74% | 12.42% | 16.95% | 8.44% | 8.35% | 10.46% | 11.98% | 10.10% | 10.48% | 12.12% |
Financials
MFA vs. BXMT - Financials Comparison
This section allows you to compare key financial metrics between MFA Financial, Inc. and Blackstone Mortgage Trust, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
MFA and BXMT have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BXMT has higher volatility (7.13%) compared to MFA (6.62%). In terms of maximum drawdown, MFA dropped -95.52% vs BXMT's -97.98%.
MFA currently has the higher Sharpe Ratio (0.78 vs 0.15), 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.
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