MORT vs. JRIE.L

Last updated Jun 4, 2026

MORT (VanEck Vectors Mortgage REIT Income ETF) and JRIE.L (JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)) are both exchange-traded funds - MORT is a REIT fund tracking the MVIS Global Mortgage REITs Index, while JRIE.L is a Japan Equities fund tracking the TOPIX TR JPY. Both are passively managed. Over the past 3 years, MORT returned 8.07%/yr vs 20.18%/yr for JRIE.L. At a 0.09 correlation, their price movements are largely independent. MORT charges 0.42%/yr vs 0.25%/yr for JRIE.L.

Performance

MORT vs. JRIE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Mortgage REIT Income ETF (MORT) and JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRIE.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MORT is traded in USD, while JRIE.L is traded in GBp. To make them comparable, the JRIE.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, MORT achieves a -2.10% return, which is significantly lower than JRIE.L's 17.76% return.

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%

JRIE.L

• 1D: 0.48%
• 1M: 7.04%
• YTD: 17.76%
• 6M: 18.12%
• 1Y: 37.10%
• 3Y*: 20.18%
• 5Y*: —
• 10Y*: —

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

MORT vs. JRIE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MORT VanEck Vectors Mortgage REIT Income ETF	-2.10%	12.17%	0.14%	14.74%	-5.28%
JRIE.L JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)	17.76%	21.36%	15.74%	15.18%	3.74%

Correlation

The correlation between MORT and JRIE.L is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (All Time) Calculated using the full available price history since Jun 23, 2022	0.09

Return for Risk

MORT vs. JRIE.L — Risk / Return Rank

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

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

JRIE.L

JRIE.L Risk / Return Rank: 97
JRIE.L Sharpe Ratio Rank: 98
JRIE.L Sortino Ratio Rank: 96
JRIE.L Omega Ratio Rank: 97
JRIE.L Calmar Ratio Rank: 98
JRIE.L Martin Ratio Rank: 97

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.

MORT vs. JRIE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Mortgage REIT Income ETF (MORT) and JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRIE.L). 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.

	MORT	JRIE.L	Difference
Sharpe ratio: Return per unit of total volatility	0.66	5.47	-4.81
Sortino ratio: Return per unit of downside risk	1.00	5.86	-4.86
Omega ratio: Gain probability vs. loss probability	1.12	1.88	-0.76
Calmar ratio: Return relative to maximum drawdown	0.76	16.05	-15.29
Martin ratio: Return relative to average drawdown	2.12	48.59	-46.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MORT vs. JRIE.L - Sharpe Ratio Comparison

The current MORT Sharpe Ratio is 0.66, which is lower than the JRIE.L Sharpe Ratio of 5.47. The chart below compares the historical Sharpe Ratios of MORT and JRIE.L, 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

	MORT	JRIE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	5.47	-4.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.08	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	4.30	-4.14

Drawdowns

MORT vs. JRIE.L - Drawdown Comparison

The maximum MORT drawdown since its inception was -70.13%, which is greater than JRIE.L's maximum drawdown of -13.47%. Use the drawdown chart below to compare losses from any high point for MORT and JRIE.L.

Drawdown Indicators

	MORT	JRIE.L	Difference
Max Drawdown Largest peak-to-trough decline	-70.13%	-13.47%	-56.66%
Max Drawdown (1Y) Largest decline over 1 year	-14.27%	-11.76%	-2.51%
Max Drawdown (3Y) Largest decline over 3 years	-21.98%	-13.47%	-8.51%
Max Drawdown (5Y) Largest decline over 5 years	-42.73%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-70.13%	—	—
Current Drawdown Current decline from peak	-23.25%	0.00%	-23.25%
Average Drawdown Average peak-to-trough decline	-15.31%	-3.13%	-12.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.11%	—	—

Volatility

MORT vs. JRIE.L - Volatility Comparison

The current volatility for VanEck Vectors Mortgage REIT Income ETF (MORT) is 3.67%, while JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRIE.L) has a volatility of 4.55%. This indicates that MORT experiences smaller price fluctuations and is considered to be less risky than JRIE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MORT	JRIE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.67%	4.55%	-0.88%
Volatility (6M) Calculated over the trailing 6-month period	12.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.59%	34.75%	-18.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.70%	39.98%	-16.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.85%	39.98%	-11.13%

MORT vs. JRIE.L - Expense Ratio Comparison

MORT has a 0.42% expense ratio, which is higher than JRIE.L's 0.25% expense ratio.

Dividends

MORT vs. JRIE.L - Dividend Comparison

MORT's dividend yield for the trailing twelve months is around 13.30%, more than JRIE.L's 1.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JRIE.L JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)	1.52%	1.81%	1.53%	1.72%	2.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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 MORT and JRIE.L in my portfolio?

MORT and JRIE.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MORT or JRIE.L?

On fees, JRIE.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MORT or JRIE.L?

JRIE.L is cheaper with a 0.25% expense ratio, compared with 0.42% for MORT.

What is the main difference between MORT and JRIE.L?

MORT is categorized as REIT, while JRIE.L is Japan Equities. MORT tracks MVIS Global Mortgage REITs Index, while JRIE.L tracks TOPIX TR JPY. They also come from different issuers: VanEck and JPMorgan. Their fees differ too: 0.42% for MORT and 0.25% for JRIE.L.