The iShares REM tries to reflect the performance of the FTSE NAREIT All Mortgage Capped Index. REM has a 11.15% 12-month yield and 0.48% expense ratio. The ETF is up 17.6% year-to-date. [A Closer Look at a Mortgage REIT ETF Yielding 12%]
The fund has 30 holdings and the top ten make up 73.2% of the overall portfolio. Top holdings include Annaly Capital Management 20.9%, American Capital Agency 17.6%, Starwood Property Trust 6.2%, Two Harbors Investment 4.6% and Chimera Investment 4.5%.
Annaly and American Capital make up a significant portion of mortgage REITs. The companies invest in agency-backed mortgages.
The Market Vectors MORT tries to reflect the performance of the Market Vectors Global Mortgage REITs Index. MORT has a 8.22% distribution yield and a 0.40% expense ratio. The fund is up 17.6% year-to-date.
The ETF has 26 holdings and the top ten make up 69.1% of the overall portfolio. Top holdings include Annaly Capital 16.5%, American Capital Agency 14.7%, Chimera Investment Corp 5.3%, Mfa Financial 5.0% and Starwood Property Trust 4.9%.
For more information on REITs, visit our REITs category.
Max Chen contributed to this article.