MORT vs. AMZY
Compare and contrast key facts about VanEck Vectors Mortgage REIT Income ETF (MORT) and YieldMax AMZN Option Income Strategy ETF (AMZY).
MORT and AMZY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. AMZY is an actively managed fund by YieldMax. It was launched on Jul 24, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MORT or AMZY.
Correlation
The correlation between MORT and AMZY is 0.57, 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.
Performance
MORT vs. AMZY - Performance Comparison
Key characteristics
MORT:
0.17
AMZY:
0.19
MORT:
0.37
AMZY:
0.44
MORT:
1.05
AMZY:
1.06
MORT:
0.10
AMZY:
0.22
MORT:
0.63
AMZY:
0.61
MORT:
5.79%
AMZY:
8.36%
MORT:
20.90%
AMZY:
26.84%
MORT:
-70.13%
AMZY:
-23.69%
MORT:
-32.42%
AMZY:
-16.86%
Returns By Period
In the year-to-date period, MORT achieves a -3.41% return, which is significantly higher than AMZY's -9.35% return.
MORT
-3.41%
-9.38%
-7.05%
2.76%
10.16%
0.66%
AMZY
-9.35%
-6.17%
1.38%
5.10%
N/A
N/A
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MORT vs. AMZY - Expense Ratio Comparison
MORT has a 0.42% expense ratio, which is lower than AMZY's 0.99% expense ratio.
Risk-Adjusted Performance
MORT vs. AMZY — Risk-Adjusted Performance Rank
MORT
AMZY
MORT vs. AMZY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Mortgage REIT Income ETF (MORT) and YieldMax AMZN Option Income Strategy ETF (AMZY). 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.
Dividends
MORT vs. AMZY - Dividend Comparison
MORT's dividend yield for the trailing twelve months is around 13.17%, less than AMZY's 55.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MORT VanEck Vectors Mortgage REIT Income ETF | 13.17% | 11.55% | 12.18% | 13.09% | 8.21% | 8.11% | 7.36% | 8.19% | 7.82% | 8.21% | 9.91% | 10.08% |
AMZY YieldMax AMZN Option Income Strategy ETF | 55.29% | 47.91% | 9.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MORT vs. AMZY - Drawdown Comparison
The maximum MORT drawdown since its inception was -70.13%, which is greater than AMZY's maximum drawdown of -23.69%. Use the drawdown chart below to compare losses from any high point for MORT and AMZY. For additional features, visit the drawdowns tool.
Volatility
MORT vs. AMZY - Volatility Comparison
The current volatility for VanEck Vectors Mortgage REIT Income ETF (MORT) is 13.21%, while YieldMax AMZN Option Income Strategy ETF (AMZY) has a volatility of 14.87%. This indicates that MORT experiences smaller price fluctuations and is considered to be less risky than AMZY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.