MORT and REM are down an average of 6.5% over the past six months and have been dragged lower by their small-cap constituents.
“It is unclear whether the outperformance of large-cap mREITs vs. their small-cap brethren will persist into the future. The constant jitters and palpitations over a potential rate hike in 2015 may have unfairly punished small-cap mREITs, which are probably deemed to be more risky and volatile compared to their larger peers. However, this is just my rough guess, and more knowledgeable mREIT investors may have a better answer to this conundrum,” according to a post on Seeking Alpha.
iShares Mortgage Real Estate Capped ETF
