MORT vs SRET

MORTBVanEck Mortgage REIT Income ETF

SRETBGlobal X SuperDividend REIT ETF

In short

MORT Landlords collect rent. Mortgage REITs collect interest. MORT tracks an index of roughly two dozen of them, a pure play on the lending side of real estate that has been running since 2011.

SRET Most global real estate ETFs rank landlords by size. SRET flips it: a tight basket of about 29 REITs worldwide chosen off a SuperDividend yield screen, paid out monthly. A yield-first take in a market-cap-first cohort.

Stated mandate

MORT The fund seeks to track, before fees and expenses, the price and yield performance of the MVIS US Mortgage REITs Index, representing U.S. mortgage REITs.

SRET SRET seeks to track, before fees and expenses, the price and yield performance of the Solactive Global SuperDividend ® REIT Index.

Why people hold it

• MORT Costs 0.43% a year, below the 0.51% median for real estate sector ETFs and well under niche peers like CLIM at 0.90%.
• Live since 2011, a long run for such a narrow slice of the market, and it still does one job: track the MVIS US Mortgage REITs Index.
• Rules-based and actively traded, so the holdings come from published index criteria rather than a manager's calls, and shares change hands readily.
• Distributions land on a quarterly schedule, in step with a segment whose businesses are built around interest income rather than rent checks.

• SRET Yield is the screen, not an afterthought. The Solactive Global SuperDividend REIT Index sorts on payout instead of market cap, so big landlords don't automatically get big weights.
• Distributions land monthly rather than quarterly, which lines the cash flow up with how rent actually arrives.
• Global by design: the mandate reaches beyond US REITs, and the fund has run through a full real estate cycle since its 2015 launch.

Worth knowing

• MORT Concentrated by design at roughly two dozen names, so one company's stumble carries real weight in the fund.
• Mortgage REITs borrow to hold mortgage assets, which makes this corner more sensitive to rate and credit swings than a property-owning REIT fund.
• One country, one industry. Cheaper real estate options exist (NURE at 0.35%), but they buy the landlords, not the lenders.

• SRET At 0.58% it runs above the 0.50% typical for global real estate funds, and far above index majors like REET (0.14%) and VNQI (0.12%).
• Around 29 holdings means each name pulls real weight, and a yield screen reshuffles the roster as payouts change.
• It's a smaller, thinly traded fund, so spreads can widen. Limit orders do more work here than with the cohort's giants.

Full MORT profile⁠

Full SRET profile⁠