MORT vs. MOAT
MORT (VanEck Vectors Mortgage REIT Income ETF) and MOAT (VanEck Morningstar Wide Moat ETF) are both exchange-traded funds - MORT is a REIT fund tracking the MVIS Global Mortgage REITs Index, while MOAT is a Large Cap Blend Equities fund tracking the Morningstar Wide Moat Focus Index. Both are passively managed. Over the past 10 years, MORT returned 2.54%/yr vs 13.76%/yr for MOAT. A 0.56 correlation means they provide meaningful diversification when combined. MORT charges 0.42%/yr vs 0.47%/yr for MOAT.
Performance
MORT vs. MOAT - Performance Comparison
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Returns By Period
In the year-to-date period, MORT achieves a -0.22% return, which is significantly higher than MOAT's -1.37% return. Over the past 10 years, MORT has underperformed MOAT with an annualized return of 2.54%, while MOAT has yielded a comparatively higher 13.76% annualized return.
MORT
- 1D
- 0.20%
- 1M
- 1.10%
- YTD
- -0.22%
- 6M
- -1.08%
- 1Y
- 9.99%
- 3Y*
- 8.30%
- 5Y*
- -2.35%
- 10Y*
- 2.54%
MOAT
- 1D
- 1.05%
- 1M
- -0.10%
- YTD
- -1.37%
- 6M
- -2.45%
- 1Y
- 11.95%
- 3Y*
- 10.75%
- 5Y*
- 7.84%
- 10Y*
- 13.76%
MORT vs. MOAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MORT VanEck Vectors Mortgage REIT Income ETF | -0.22% | 12.17% | 0.14% | 14.74% | -26.92% | 15.95% | -22.39% | 21.26% | -4.45% | 18.88% |
MOAT VanEck Morningstar Wide Moat ETF | -1.37% | 13.20% | 10.73% | 31.89% | -13.66% | 24.12% | 14.84% | 34.79% | -1.28% | 23.18% |
Correlation
The correlation between MORT and MOAT is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2012 | 0.56 |
The correlation between MORT and MOAT shifts across timeframes, from 0.56 (all time) to 0.69 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MORT vs. MOAT — Risk / Return Rank
MORT
MOAT
MORT vs. MOAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Mortgage REIT Income ETF (MORT) and VanEck Morningstar Wide Moat ETF (MOAT). 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.
| MORT | MOAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.15 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.70 | 0.97 | -0.26 |
| Martin ratioReturn relative to average drawdown | 1.82 | 2.89 | -1.07 |
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Drawdowns
MORT vs. MOAT - Drawdown Comparison
The maximum MORT drawdown since its inception was -70.13%, which is greater than MOAT's maximum drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for MORT and MOAT.
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Drawdown Indicators
| MORT | MOAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.13% | -33.31% | -36.82% |
Max Drawdown (1Y)Largest decline over 1 year | -14.27% | -12.43% | -1.84% |
Max Drawdown (3Y)Largest decline over 3 years | -21.98% | -21.44% | -0.54% |
Max Drawdown (5Y)Largest decline over 5 years | -42.48% | -23.96% | -18.52% |
Max Drawdown (10Y)Largest decline over 10 years | -70.13% | -33.31% | -36.82% |
Current DrawdownCurrent decline from peak | -21.79% | -5.14% | -16.65% |
Average DrawdownAverage peak-to-trough decline | -15.33% | -3.83% | -11.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.50% | 4.14% | +1.36% |
Volatility
MORT vs. MOAT - Volatility Comparison
VanEck Vectors Mortgage REIT Income ETF (MORT) and VanEck Morningstar Wide Moat ETF (MOAT) have volatilities of 4.80% and 4.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MORT | MOAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.80% | 4.73% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 13.20% | 10.28% | +2.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.83% | 14.00% | +2.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.69% | 18.24% | +5.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.88% | 18.65% | +10.23% |
MORT vs. MOAT - Expense Ratio Comparison
MORT has a 0.42% expense ratio, which is lower than MOAT's 0.47% expense ratio.
Dividends
MORT vs. MOAT - Dividend Comparison
MORT's dividend yield for the trailing twelve months is around 13.05%, more than MOAT's 1.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MOAT VanEck Morningstar Wide Moat ETF | 1.37% | 1.36% | 1.37% | 0.86% | 1.25% | 1.08% | 1.46% | 1.31% | 1.79% | 1.07% | 1.17% | 2.13% |
MORT VanEck Vectors Mortgage REIT Income ETF | 13.05% | 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
MORT and MOAT have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MORT has higher volatility (4.80%) compared to MOAT (4.73%). In terms of maximum drawdown, MORT dropped -70.13% vs MOAT's -33.31%.
On 10-year performance, MOAT leads with 13.76% vs 2.54% for MORT. On fees, MORT is cheaper at 0.42% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, MOAT has performed better with a 13.76% return vs 2.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MORT is cheaper with a 0.42% expense ratio, compared with 0.47% for MOAT.
MORT has the higher dividend yield at 13.05%, compared with 1.37% for MOAT.
MORT is categorized as REIT, while MOAT is Large Cap Blend Equities. MORT tracks MVIS Global Mortgage REITs Index, while MOAT tracks Morningstar Wide Moat Focus Index. Their fees differ too: 0.42% for MORT and 0.47% for MOAT.
MOAT currently has the higher Sharpe Ratio (0.86 vs 0.60), 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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