Wisdomtree Mortgage Plus Etf Profile

MTGP Etf  USD 43.69  0.02  0.05%   

Performance

0 of 100

 
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Odds Of Distress

Less than 9

 
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Low
WisdomTree Mortgage is selling at 43.69 as of the 21st of November 2024; that is 0.05 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 43.63. WisdomTree Mortgage has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for WisdomTree Mortgage Plus are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2024 and ending today, the 21st of November 2024. Click here to learn more.
The fund, an actively managed ETF, utilizes an investment process combining both macro and fundamental research by investing, under normal circumstances, at least 80 percent of its net assets, plus the amount of any borrowings, in mortgage-related debt and other securitized debt. More on WisdomTree Mortgage Plus

Moving together with WisdomTree Etf

  0.99IUSB iShares Core Total Sell-off TrendPairCorr
  0.99FIXD First Trust TCWPairCorr
  0.99FBND Fidelity Total Bond Sell-off TrendPairCorr
  0.99TOTL SPDR DoubleLine TotalPairCorr
  0.99HTRB Hartford Total ReturnPairCorr
  0.99GTO Invesco Total ReturnPairCorr

Moving against WisdomTree Etf

  0.93TBT ProShares UltraShortPairCorr
  0.93TMV Direxion Daily 20PairCorr
  0.92YCS ProShares UltraShort YenPairCorr
  0.72USD ProShares Ultra SemiPairCorr
  0.69ATMP Barclays ETN Select Low VolatilityPairCorr
  0.67SGG Barclays CapitalPairCorr

WisdomTree Etf Highlights

Business ConcentrationIntermediate Core-Plus Bond, WisdomTree (View all Sectors)
IssuerWisdomTree
Inception Date2019-11-14
Entity TypeRegulated Investment Company
Asset Under Management52.33 Million
Asset TypeFixed Income
CategoryU.S. Government
FocusAgency MBS
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorWisdomTree Asset Management, Inc.
CustodianState Street Bank and Trust Company
DistributorForeside Fund Services, LLC
Portfolio ManagerDave Goodson, Jonathan Abshire, John R. Edwards, Jeff Dutra, Justin McWhorter
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents165
Market MakerJane Street
Total Expense0.45
Management Fee0.45
Country NameUSA
Returns Y T D2.51
NameWisdomTree Mortgage Plus Bond Fund
Currency CodeUSD
Open FigiBBG00QTQ1895
In Threey Volatility7.36
1y Volatility7.68
200 Day M A43.7135
50 Day M A44.4731
CodeMTGP
Updated At21st of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.78)
WisdomTree Mortgage Plus [MTGP] is traded in USA and was established 2019-11-12. The fund is listed under Intermediate Core-Plus Bond category and is part of WisdomTree family. WisdomTree Mortgage Plus now have 21.76 M in assets. , while the total return for the last 3 years was -1.9%.
Check WisdomTree Mortgage Probability Of Bankruptcy

Top WisdomTree Mortgage Plus Etf Constituents

ZTM233.43562%
ZNM233.35965%

WisdomTree Mortgage Plus Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in WisdomTree Mortgage. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

WisdomTree Mortgage Against Markets

When determining whether WisdomTree Mortgage Plus is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if WisdomTree Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Wisdomtree Mortgage Plus Etf. Highlighted below are key reports to facilitate an investment decision about Wisdomtree Mortgage Plus Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Mortgage Plus. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of WisdomTree Mortgage Plus is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Mortgage's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Mortgage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WisdomTree Mortgage's market value can be influenced by many factors that don't directly affect WisdomTree Mortgage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WisdomTree Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Mortgage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.