Mortgage REIT Income ETF (MORT)

Looking at MORT right now as a way to inflation hedge with an undervalued asset. Some risk with the current environment (i.e. defaults), but overall seems pretty stable over time (minus 2020).

Fund Description
“The VanEck Vectors® Mortgage REIT Income ETF (MORT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Mortgage REITs Index (MVMORTTG), which is intended to track the overall performance of U.S. mortgage real estate investment trusts.”

By the numbers
Expense ratio - 0.4%
Assets - 244M
12 Month Yield - 8.27%
Index: MVIS Global Mortgage REITs Index

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https://www.vaneck.com/etf/income/mort/overview/

Thoughts?

I’m more familiar with REM, but they seem roughly similar with sky high yields. Every stock in MORT is also in REM, but REM has a ~25% of its portfolio in things that REM does not have.


Source: Fund Overlap | ETF Research Center