AGNC Investment: I Expect Headwinds Ahead
AGNC(AGNC) Seeking Alpha·2024-04-12 07:45
DNY59/iStock via Getty Images AGNC has underperformed If you are a shareholder of AGNC Investment Corp. (NASDAQ:AGNC), you must be quite disappointed by its recent performance. The stock, a leader in the mREIT space, has underperformed both the overall market and the mortgage REIT sector. More specifically, the chart below shows the total return performance of AGNC compared to the SPDR S&P 500 ETF Trust (SPY) and also VanEck Mortgage REIT Income ETF (MORT) over the past year. As seen, AGNC delivered a total ...