The iShares Trust iShares Mortgage Real Estate ETF (BATS: REM) has 50 holdings diversified evenly across small, mid, and large-cap equities, also allocating less than half of its assets to the financial services sector. The iShares Mortgage ETF is down nearly 31% year-to-date, as rising mortgage rates cratered the market price of real estate firms.

Mortgage real estate investment trusts (REITs) tout the highest average five-year dividend yield of 10.8%, out of any REIT sector. Which is why you may want to invest in a mortgage REIT (mREIT) with a yield higher than the average.

Since both of these mortgage REITs are trading at a discount to their book …

Full story available on Benzinga.com