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ETFs

WisdomTree Mortgage Plus Bond Fund

MTGP
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Nov 14, 2019
Expense Ratio
0.45%
Type
US Bonds
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$51,015
AUM
$25,311,822
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
FN MA4562 2% 3/1/2052
9.55%
—
FN MA4768 2.5% 9/1/2052
4.14%
—
Fr Qd6052 2% 1/1/2052
2.58%
—
Scrt 2017-2 M1 4% 8/25/2056
2.45%
—
US Dollar
2.36%
—
GNR 2014-43 Z 4% 3/20/2044
2.14%
—
FN FM9867 2.5% 12/1/2051
2.09%
—
SCRT 2016-1 M2 3.75% 9/25/2055
2%
—
FR RA6765 2.5% 2/1/2052
1.73%
—
FNR 2010-102 PN 5% 9/25/2040
1.69%
Invest with MTGP
Trade MTGP Options

What is MTGP?

The WisdomTree Mortgage Plus Bond Fund operates as an actively managed exchange-traded fund that seeks income and capital appreciation through investments in mortgage-related debt and other securitized debt.

1M
3M
6M
YTD
1Y
3Y
Max
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MTGP
Performance Measures**

for the time period Nov 14, 2019 to Dec 4, 2025

Returns

1M Trailing Return: 0.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.7%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -16.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 5.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.21

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.06

The annualized return divided by the max drawdown for the selected time period.

ETFs related toMTGP

ETFs correlated to MTGP include IBDY, PYLD, UNIY

MTGP
WisdomTree Trust - WisdomTree Mortgage Plus Bond Fund
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
UNIY
WisdomTree Trust - WisdomTree Voya Yield Enhanced USD Universal Bond Fund
DBND
DoubleLine ETF Trust - DoubleLine Opportunistic Bond ETF
BINC
BlackRock ETF Trust II - BlackRock Flexible Income ETF
JCPB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Core Plus Bond ETF
JMHI
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan High Yield Municipal ETF
BBAG
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Aggregate Bond ETF
JSCP
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Short Duration Core Plus ETF
UTEN
Rbb Fund Inc - US Treasury 10 Year Note ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

MTGP is a US Bonds ETF. The WisdomTree Mortgage Plus Bond Fund operates as an actively managed exchange-traded fund that seeks income and capital appreciation through investments in mortgage-related debt and other securitized debt.

Yes, MTGP is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, MTGP is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MTGP is -0.0138%. This is the percent change in the value of MTGP over the most recent 1-month period. The 3-month return on MTGP is -0.0356%. This is the percent change in the value of MTGP over the most recent 3-month period.

The standard deviation of MTGP for the past year is 0.0682%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MTGP include MBB, SPMB, and VMBS.

ETFs correlated to MTGP include IBDY, PYLD, and UNIY.

ETFs that are inversely correlated to MTGP include PST, TBX, and TTT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.