Mortgage REIT ETFs Plundered by Rising Rates

MORT allocates 28.2% of its weight to Annaly and American Capital. Shares of Annlay have tumbled more than 29% in the past 90 days and touched a new 52-week low Monday. American Capital is lower by 31% over the same time. On Monday, the stock closed less than 25 cents above its 52-week low.

iShares Mortgage Real Estate Capped ETF

 

ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of REM.