MORT vs. KW

Last updated Jun 4, 2026

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

Performance

MORT vs. KW - Performance Comparison

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

Returns By Period

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

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%

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

MORT vs. KW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
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%

Correlation

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

Return for Risk

MORT vs. KW — 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

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

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. KW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Mortgage REIT Income ETF (MORT) and Kennedy-Wilson Holdings, Inc. (KW). 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	KW	Difference
Sharpe ratio: Return per unit of total volatility	0.66	2.10	-1.44
Sortino ratio: Return per unit of downside risk	1.00	4.56	-3.56
Omega ratio: Gain probability vs. loss probability	1.12	1.63	-0.51
Calmar ratio: Return relative to maximum drawdown	0.76	4.83	-4.07
Martin ratio: Return relative to average drawdown	2.12	17.60	-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.

MORT vs. KW - Sharpe Ratio Comparison

The current MORT Sharpe Ratio is 0.66, which is lower than the KW Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of MORT and KW, 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	KW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	2.10	-1.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	-0.18	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.08	-0.05	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.15	+0.01

Drawdowns

MORT vs. KW - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

MORT vs. KW - Volatility Comparison

VanEck Vectors Mortgage REIT Income ETF (MORT) has a higher volatility of 3.67% compared to Kennedy-Wilson Holdings, Inc. (KW) at 1.12%. This indicates that MORT's price experiences larger fluctuations and is considered to be riskier than KW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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

Dividends

MORT vs. KW - Dividend Comparison

MORT's dividend yield for the trailing twelve months is around 13.30%, more than KW's 4.37% 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 MORT and KW in my portfolio?

MORT and KW 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, MORT or KW?

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

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.