PAPI vs MORT
Comparison between PARAMETRIC EQUITY PREMIUM INCOME ETF (PAPI, ETF) and VANECK MORTGAGE REIT INCOME ETF (MORT, ETF).
PAPI vs MORT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PAPI
$400M
MORT
$400M
Expense Ratio
Winner
PAPI
0.29%
MORT
0.43%
Max Drawdown
Winner
PAPI
16.74%
MORT
75.04%
Sharpe Ratio
Winner
PAPI
1.10
MORT
0.36
5Y Beta
Winner
PAPI
0.41
MORT
0.68
P/E Ratio
PAPI
21.56
Winner
MORT
14.10
Forward P/E
PAPI
15.44
Winner
MORT
7.48
PEG Ratio
PAPI
0.52
Winner
MORT
0.08
5Y Dividends CAGR
PAPI
N/A
MORT
1.52%
5Y EPS CAGR
Winner
PAPI
7.38%
MORT
-22.60%
Debt to Equity
Winner
PAPI
0.49%
MORT
64.15%
P/S Ratio
Winner
PAPI
1.28
MORT
4.30
P/B Ratio
PAPI
2.50
Winner
MORT
0.85
PAPI vs MORT - Holdings Comparison
PAPI and MORT have 1 common holdings. Overlap is -1.06%
PAPI's top 25 holdings weight is 17.21%. MORT's top 25 holdings weight is 101.07%.
| Rank | PAPI | MORT |
|---|---|---|
| #1 | MORGAN STANLEY INSTL LQUDTY GOVT INSTL (MVRXX) - 1.12% | ANNALY CAPITAL MANAGEMENT INC (NLY) - 18.52% |
| #2 | CISCO SYSTEMS INC (CSCO) - 0.76% | AGNC INVESTMENT CORP (AGNC) - 15.24% |
| #3 | CORNING INC (GLW) - 0.75% | STARWOOD PROPERTY TRUST INC (STWD) - 6.91% |
| #4 | MILLICOM INTERNATIONAL CELLULAR SA (TIGO) - 0.74% | RITHM CAPITAL CORP (RITM) - 6.40% |
| #5 | ROYALTY PHARMA PLC CLASS A (RPRX) - 0.74% | DYNEX CAPITAL INC (DX) - 5.13% |
| #6 | TD SYNNEX CORP (SNX) - 0.74% | ARMOUR RESIDENTIAL REIT INC (ARR) - 4.55% |
| #7 | TEXAS INSTRUMENTS INC (TXN) - 0.72% | ELLINGTON FINANCIAL INC (EFC) - 4.46% |
| #8 | VALERO ENERGY CORP (VLO) - 0.69% | ORCHID ISLAND CAPITAL INC (ORC) - 4.26% |
| #9 | AVNET INC (AVT) - 0.68% | BLACKSTONE MORTGAGE TRUST INC CLASS A (BXMT) - 4.16% |
| #10 | BEST BUY CO INC (BBY) - 0.67% | TWO HARBORS INVESTMENT CORP (TWO) - 3.06% |
| #11 | TARGET CORP (TGT) - 0.67% | APOLLO COMMERCIAL REAL ESTATE FINANCE INC (ARI) - 2.97% |
| #12 | INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 0.66% | LADDER CAPITAL CORP CLASS A (LADR) - 2.87% |
| #13 | HF SINCLAIR CORP (DINO) - 0.66% | CHIMERA INVESTMENT CORP (CIM) - 2.69% |
| #14 | MSC INDUSTRIAL DIRECT CO INC CLASS A (MSM) - 0.66% | MFA FINANCIAL INC (MFA) - 2.54% |
| #15 | INTERNATIONAL SEAWAYS INC (INSW) - 0.66% | ARBOR REALTY TRUST INC (ABR) - 2.41% |
| #16 | n/a (REYN) - 0.65% | INVESCO MORTGAGE CAPITAL INC (IVR) - 2.27% |
| #17 | CUMMINS INC (CMI) - 0.65% | ADAMAS TRUST INC (ADAM) - 2.11% |
| #18 | CHEMED CORP (CHE) - 0.64% | PENNYMAC MORTGAGE INVESTMENT TRUST (PMT) - 1.87% |
| #19 | MANPOWERGROUP INC (MAN) - 0.64% | TPG RE FINANCE TRUST INC (TRTX) - 1.81% |
| #20 | INTERPARFUMS INC (IPAR) - 0.63% | BRIGHTSPIRE CAPITAL INC CLASS A (BRSP) - 1.69% |
| #21 | AUTOMATIC DATA PROCESSING INC (ADP) - 0.63% | FRANKLIN BSP REALTY TRUST INC. (FBRT) - 1.48% |
| #22 | ABBVIE INC (ABBV) - 0.62% | REDWOOD TRUST INC (RWT) - 1.28% |
| #23 | POWER INTEGRATIONS INC (POWI) - 0.61% | KKR REAL ESTATE FINANCE TRUST INC (KREF) - 1.00% |
| #24 | PRINCIPAL FINANCIAL GROUP INC (PFG) - 0.61% | ARES COMMERCIAL REAL ESTATE CORP (ACRE) - 0.71% |
| #25 | ANALOG DEVICES INC (ADI) - 0.61% | CLAROS MORTGAGE TRUST INC (CMTG) - 0.68% |
| Total Holdings | 193 | 27 |
PAPI vs MORT - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PAPI
+4.49%
MORT
+2.63%
3M
Winner
PAPI
+4.49%
MORT
-2.44%
6M
Winner
PAPI
+5.25%
MORT
-5.11%
1Y
Winner
PAPI
+16.05%
MORT
+8.79%
5Y(CAGR)
PAPI
N/A
MORT
-1.19%
10Y(CAGR)
PAPI
N/A
MORT
+2.25%
Max(CAGR)
Winner
PAPI
+11.57%
MORT
+4.22%
PAPI vs MORT - Annual Returns (2011 - 2026)
Returns include dividend reinvestment.
| Year | PAPI | MORT |
|---|---|---|
| 2026 | +10.04% | -0.78% |
| 2025 | +6.57% | +11.71% |
| 2024 | +8.40% | +0.80% |
| 2023 | +5.35% | +12.77% |
| 2022 | N/A | -28.40% |
| 2021 | N/A | +19.31% |
| 2020 | N/A | -21.92% |
| 2019 | N/A | +21.23% |
| 2018 | N/A | -3.37% |
| 2017 | N/A | +17.07% |
| 2016 | N/A | +21.82% |
| 2015 | N/A | -10.95% |
| 2014 | N/A | +17.34% |
| 2013 | N/A | -2.23% |
| 2012 | N/A | +21.53% |
| 2011 | N/A | -3.03% |
PAPI vs MORT Drawdown Comparison
The maximum drawdown for PAPI was -14.28%, occurring on Apr 8, 2025. Recovery took 260 trading sessions.
The maximum drawdown for MORT was -69.98%, occurring on Apr 3, 2020. This drawdown has not yet recovered.
The current PAPI drawdown is -0.79%. The current MORT drawdown is -20.08%.
| Rank | PAPI | MORT |
|---|---|---|
| #1 | -14.28% Nov 25, 2024 - Dec 10, 2025 | -69.98% Feb 20, 2020 - Apr 3, 2020 |
| #2 | -6.87% Mar 2, 2026 - Jul 16, 2026 | -24.65% Apr 13, 2015 - Jul 19, 2016 |
| #3 | -4.39% Mar 28, 2024 - May 17, 2024 | -24.56% Apr 30, 2013 - Aug 21, 2014 |
| #4 | -4.17% Jul 30, 2024 - Aug 29, 2024 | -14.06% Aug 17, 2011 - Jan 12, 2012 |
| #5 | -3.89% May 17, 2024 - Jul 16, 2024 | -13.24% Sep 6, 2018 - Apr 1, 2019 |
| #6 | -3.03% Oct 18, 2024 - Nov 21, 2024 | -13.05% Sep 21, 2012 - Jan 8, 2013 |
| #7 | -2.96% Oct 19, 2023 - Nov 3, 2023 | -12.45% Oct 19, 2017 - Jul 3, 2018 |
| #8 | -2.55% Jan 2, 2024 - Feb 21, 2024 | -7.03% Apr 24, 2019 - Jul 29, 2019 |
| #9 | -2.46% Aug 30, 2024 - Sep 24, 2024 | -6.77% Jul 30, 2019 - Oct 17, 2019 |
| #10 | -2.36% Nov 3, 2023 - Nov 30, 2023 | -6.44% Sep 7, 2016 - Nov 22, 2016 |
| #11 | -1.66% Jul 17, 2024 - Jul 26, 2024 | -6.34% Aug 29, 2014 - Nov 14, 2014 |
| #12 | -1.51% Dec 15, 2025 - Jan 6, 2026 | -5.76% Dec 9, 2016 - Jan 4, 2017 |
| #13 | -1.30% Feb 11, 2026 - Feb 27, 2026 | -5.51% Apr 27, 2017 - Jun 14, 2017 |
| #14 | -1.18% Jan 15, 2026 - Jan 21, 2026 | -4.58% Dec 3, 2014 - Mar 23, 2015 |
| #15 | -1.01% Dec 14, 2023 - Dec 22, 2023 | -4.10% May 10, 2012 - Jun 14, 2012 |
Correlation
Correlation between PAPI and MORT is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.
0.92
-101
Dividend Comparison (2011 - 2026)
PAPI vs MORT dividend yield comparison.
| Year | PAPI | MORT |
|---|---|---|
| 2026 | 3.92% | 7.97% |
| 2025 | 7.59% | 12.76% |
| 2024 | 7.07% | 11.55% |
| 2023 | 1.45% | 12.18% |
| 2022 | 0.00% | 13.09% |
| 2021 | 0.00% | 8.21% |
| 2020 | 0.00% | 8.11% |
| 2019 | 0.00% | 7.36% |
| 2018 | 0.00% | 8.19% |
| 2017 | 0.00% | 7.82% |
| 2016 | 0.00% | 8.21% |
| 2015 | 0.00% | 9.91% |
| 2014 | 0.00% | 10.08% |
| 2013 | 0.00% | 15.30% |
| 2012 | 0.00% | 10.96% |
| 2011 | 0.00% | 5.69% |
Select Stocks to Compare
Popular: PAPI vs SPYMORT vs SPY
More Comparisons
Compare with similar stocks