WisdomTree Mortgage Plus Bond Fund
$42.19+0.11 (+0.27%)
- 0.45%
- $71M
- −1.7%
- 4.72%
- 0M sh
- $42.02
- low $41.48high $46.17
The ETF.net MTGP Grade
D
Score 37 out of 100
- 18 of 25
Score 37 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D29 out of 100Rank 17 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.C54 out of 100Rank 6 of 20Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D36 out of 100Rank 15 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F24 out of 100Rank 20 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C49 out of 100Rank 13 of 25Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D36 out of 100Rank 20 of 25
Our read on MTGP
DMost mortgage ETFs are index machines bolted to agency pass-throughs. MTGP is the active counterpunch: a manager picking across mortgage and other securitized debt, hunting income and price gains, and paying out monthly.
The fund is actively managed and seeks income and capital appreciation by investing in mortgage-related debt and other securitized debt.
Why people hold it
- Actively managed, not index-bound. The mandate reaches beyond plain agency paper into mortgage-related and other securitized debt, so a manager sets the mix instead of a benchmark.wisdomtree.com
- Pays monthly, which suits investors who want mortgage-bond income arriving on a regular cadence rather than quarterly.
- Spreads its bets across a couple hundred securitized positions, so no single pool or deal dominates the book.
- Running since 2019 under WisdomTree, giving the active approach a multi-year track record through a brutal stretch for mortgage bonds.
Worth knowing
- Active costs money: 0.45% a year, while index rivals like VMBS (0.03%) and SPMB (0.04%) charge a sliver of that. The manager has to out-earn the gap.
- Thinly traded and modest in size, so spreads can be wider than the giant index MBS funds and large orders may need care.
- On our combined read of cost, tradability and mandate delivery, it lands in the lower half of the mortgage-bond ETF pack.
MTGP Holdings
- Bonds
- 196
- 31%
- Fncl 5.5 11/16 5.5%
Geography
- United States100.00%
MTGP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
MTGP$9,827
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MTGP |
|---|---|
| Year to date | −2.6% |
| 1 month | −1.6% |
| 3 months | −3.2% |
| 1 year | −1.7% |
| 3 years | +4.8% |
| 5 years | −0.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MTGP |
|---|---|---|
| 2026 YTD | −2.6% | |
| 2025 | +7.6% | |
| 2024 | +2.5% | |
| 2023 | +4.0% | |
| 2022 | −11.3% | |
| 2021 | −0.6% | |
| 2020 | +4.1% |
MTGP in the news
MTGP Dividends
- 4.72%
- $1.98
- $0.20 per share
- Monthly
Distribution history
MTGP Risk
- 5.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.004
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −16.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MTGP Cost
0.45%
MTGP0.45%
- The middle half of Mortgage-Backed Securities funds
- Median 0.36%
16 of the 24 Mortgage-Backed Securities funds charge less.
Other funds in Mortgage-Backed Securities
- CVABSVirtus Newfleet Securitized Income ETFExpense ratio 0.39%1 year return +2.7%
- DVETZAcademy Veteran Impact ETFExpense ratio 0.35%1 year return −1.3%
- DSCIOFirst Trust Structured Credit Income Opportunities ETFExpense ratio 0.70%1 year return +1.6%
- DPMBSPIMCO ETF Trust - PIMCO Mortgage-Backed Securities Active Exchange-Traded FundExpense ratio 0.71%1 year return −2.5%
- DGISCGuggenheim Funds Trust - Guggenheim Securitized Income ETFExpense ratio 0.47%1 year return —