DESK vs. MVRL ETF Comparison

Comparison of VanEck Office and Commercial REIT ETF (DESK) to ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL)
DESK

VanEck Office and Commercial REIT ETF

DESK Description

The fund normally invests at least 80% of its total assets in Office and Commercial Real Estate Companies. The index is comprised of equity securities of Office and Commercial Real Estate Companies and is intended to give investors a means of tracking the overall performance of U.S exchange-listed real estate investment trusts (REITs) involved in the office and commercial real estate markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.05

Average Daily Volume

262

Number of Holdings *

10

* may have additional holdings in another (foreign) market
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

$16.96

Average Daily Volume

9,402

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period DESK MVRL
30 Days 6.75% 5.00%
60 Days 0.98% 1.22%
90 Days -3.20% -3.05%
12 Months 0.47%
0 Overlapping Holdings
Symbol Grade Weight in DESK Weight in MVRL Overlap
DESK Overweight 10 Positions Relative to MVRL
Symbol Grade Weight
BXP B 9.64%
VNO B 9.46%
KRC D 8.64%
SLG B 7.62%
CDP B 6.63%
CUZ C 6.08%
EQC B 5.52%
HIW B 4.33%
DEI C 4.33%
O D 4.15%
DESK Underweight 23 Positions Relative to MVRL
Symbol Grade Weight
NLY B -13.03%
AGNC B -8.86%
STWD C -8.19%
CIM C -5.48%
HASI C -5.04%
BXMT C -4.84%
ABR B -4.54%
TWO B -4.01%
MFA B -3.81%
PMT D -3.79%
ARI D -3.76%
LADR A -3.51%
NYMT F -3.26%
RWT B -2.77%
EFC B -2.49%
RC D -2.05%
ORC B -2.0%
ACRE C -1.95%
BRSP D -1.92%
KREF F -1.86%
IVR B -1.84%
ARR C -1.83%
DX C -1.48%
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