MTGE has a lower PE than AGNC. I do not own MTGE but just bought AGNC today. I decided to compare the two and MTGE seems to be a lower risk, but I'll take either div. of over 15% any day. Good luck all you REIT holders.
Vis,mtge is a smaller market cap and invests in non agency as well, thus less interest rate risk in exchange has credit risk. Therefore, less shorts and bashers. Still mtge is $3 too cheap compared to agnc