BRAZ vs. MVRL ETF Comparison
Comparison of Global X Brazil Active ETF (BRAZ) to ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL)
BRAZ
Global X Brazil Active ETF
BRAZ Description
The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in Brazil; and/or (ii) that are tied economically to Brazil. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$22.76
Average Daily Volume
286
12
MVRL
ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN
MVRL Description
The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the MVIS US Mortgage REITs Index, reduced by the Accrued Fees. The index is designed to track the overall performance of publicly-traded mortgage REITs that are listed and incorporated in the United States and derive at least 50% of their revenues from mortgage-related activity.Grade (RS Rating)
Last Trade
$16.62
Average Daily Volume
10,480
23
Performance
Period | BRAZ | MVRL |
---|---|---|
30 Days | -4.49% | -1.98% |
60 Days | -7.27% | -8.49% |
90 Days | -11.69% | -3.72% |
12 Months | -16.18% | 14.12% |
0 Overlapping Holdings
Symbol | Grade | Weight in BRAZ | Weight in MVRL | Overlap |
---|
BRAZ Underweight 23 Positions Relative to MVRL
Symbol | Grade | Weight | |
---|---|---|---|
NLY | C | -13.03% | |
AGNC | C | -8.86% | |
STWD | C | -8.19% | |
CIM | D | -5.48% | |
HASI | D | -5.04% | |
BXMT | C | -4.84% | |
ABR | C | -4.54% | |
TWO | F | -4.01% | |
MFA | D | -3.81% | |
PMT | C | -3.79% | |
ARI | C | -3.76% | |
LADR | B | -3.51% | |
NYMT | C | -3.26% | |
RWT | D | -2.77% | |
EFC | C | -2.49% | |
RC | D | -2.05% | |
ORC | B | -2.0% | |
ACRE | B | -1.95% | |
BRSP | C | -1.92% | |
KREF | C | -1.86% | |
IVR | F | -1.84% | |
ARR | D | -1.83% | |
DX | B | -1.48% |
BRAZ: Top Represented Industries & Keywords
MVRL: Top Represented Industries & Keywords