With many financial sectors down or mixed today, mortgage REITs are clearly running well.
That compares with the Financial Select Sector SPDR (XLF -0.9%), made up of big banks and other financial firms.
Arlington Asset Investment (AI +1.2%), Ellington Financial (EFC +1.5%), Armour Residential (ARR +1.1%), Two Harbors Investment (TWO +1%), and Invesco Mortgage Capital (IVR +1.2%) are among the leaders in the mortgage REIT sector.
Still, mortgage REITs are regaining some ground lost in September into October. For example, MORT's three-month return is -3.1%; YTD it's up 1.1%.
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