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Upturn AI SWOT - About
WisdomTree Mortgage Plus Bond Fund (MTGP)
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Upturn Advisory Summary
04/01/2025: MTGP (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -1.8% | Avg. Invested days 44 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 9421 | Beta 0.95 | 52 Weeks Range 40.45 - 44.62 | Updated Date 04/2/2025 |
52 Weeks Range 40.45 - 44.62 | Updated Date 04/2/2025 |
Upturn AI SWOT
WisdomTree Mortgage Plus Bond Fund
ETF Overview
Overview
The WisdomTree Mortgage Plus Bond Fund (MTGP) seeks to provide current income while focusing on the mortgage-backed securities (MBS) market, aiming to offer exposure beyond traditional government-backed mortgages.
Reputation and Reliability
WisdomTree is a well-established ETF provider known for its innovative and rules-based investment strategies.
Management Expertise
WisdomTree has a dedicated fixed income team with experience in managing various bond strategies.
Investment Objective
Goal
To maximize current income while maintaining exposure to the mortgage-backed securities market.
Investment Approach and Strategy
Strategy: Actively managed, seeking to outperform a benchmark index through strategic allocation within the mortgage market.
Composition Primarily invests in agency and non-agency mortgage-backed securities, including residential and commercial mortgage-backed securities.
Market Position
Market Share: MTGP's market share within the broader mortgage-backed securities ETF category is relatively small.
Total Net Assets (AUM): 50000000
Competitors
Key Competitors
- MBB
- VMBS
- AGG
Competitive Landscape
The mortgage-backed securities ETF market is dominated by large, passively managed funds. MTGP differentiates itself through active management and a focus on higher-yielding opportunities within the mortgage market. However, it faces competition from lower-cost, passive alternatives. MTGP's active management provides the potential for outperformance, but this comes with higher fees and the risk of underperformance.
Financial Performance
Historical Performance: Historical performance data needs to be retrieved from financial data sources as it changes dynamically.
Benchmark Comparison: Benchmark comparison data needs to be retrieved from financial data sources as it changes dynamically.
Expense Ratio: 0.45
Liquidity
Average Trading Volume
The average trading volume of MTGP is moderate, implying that trades can generally be executed efficiently but larger orders may impact prices.
Bid-Ask Spread
The bid-ask spread for MTGP is moderate, which can impact the cost of trading the ETF.
Market Dynamics
Market Environment Factors
Interest rate movements, credit spreads, and housing market conditions significantly impact MTGP's performance. Changes in monetary policy and economic growth also influence mortgage rates and prepayment speeds.
Growth Trajectory
Growth trajectory depends on the fund's ability to generate alpha through active management and capitalize on opportunities within the mortgage market. Changes to strategy and holdings would be detailed in fund prospectuses.
Moat and Competitive Advantages
Competitive Edge
MTGP's active management is its primary competitive advantage, allowing the fund to potentially outperform passive mortgage-backed securities ETFs. The fund's focus on a broader range of mortgage-backed securities, including non-agency MBS, provides diversification and access to potentially higher yields. WisdomTree's expertise in factor-based investing can also contribute to the fund's performance. The active management aims to capitalize on market inefficiencies and add value through security selection and duration management.
Risk Analysis
Volatility
MTGP's volatility will fluctuate based on market conditions and the composition of its portfolio.
Market Risk
Specific risks include interest rate risk, credit risk (especially within non-agency MBS), and prepayment risk. Changes in housing market conditions can also affect the performance of mortgage-backed securities.
Investor Profile
Ideal Investor Profile
Investors seeking income and exposure to the mortgage-backed securities market, willing to accept a higher expense ratio for the potential of active management outperformance, are ideal investors.
Market Risk
Suitable for investors with a moderate risk tolerance seeking current income, but less suitable for purely passive index followers.
Summary
The WisdomTree Mortgage Plus Bond Fund offers exposure to the mortgage-backed securities market through an actively managed strategy. While it carries a higher expense ratio than passive alternatives, its active approach aims to generate alpha and provide diversification within the mortgage market. Investors should consider their risk tolerance and investment goals before investing. The fund's performance is influenced by interest rates, credit spreads, and housing market conditions, making it a suitable option for income-seeking investors who accept those risks and the active management premium.
Similar Companies
MORT
VanEck Mortgage REIT Income ETF
MORT
VanEck Mortgage REIT Income ETF
Sources and Disclaimers
Data Sources:
- WisdomTree Website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results. Investment decisions should be based on individual circumstances and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About WisdomTree Mortgage Plus Bond Fund
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund, an actively managed ETF, utilizes an investment process combining both macro and fundamental research by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings, in mortgage-related debt and other securitized debt. It may invest up to 20% of its net assets, plus the amount of any borrowings, in other securitized credit securities such as non-agency or privately issued residential and commercial mortgage-backed securities, asset-backed securities, collateralized loan obligations and credit risk transfer securities. It is non-diversified.
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