MVRL vs. ARGT ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Global X FTSE Argentina 20 ETF (ARGT)

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

$16.50

Average Daily Volume

10,433

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ARGT

Global X FTSE Argentina 20 ETF

ARGT Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Argentina 20 Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure equity performance of the top 20 companies within the investable universe of Argentina-domiciled companies or companies that have substantial revenues or assets in Argentina. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$80.87

Average Daily Volume

194,184

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	ARGT
30 Days	-4.26%	13.43%
60 Days	-9.73%	17.45%
90 Days	-2.76%	32.93%
12 Months	13.27%	75.94%

0 Overlapping Holdings

	Symbol	Grade	Weight in MVRL	Weight in ARGT	Overlap

MVRL Overweight 23 Positions Relative to ARGT

Symbol	Grade	Weight
NLY	D	13.03%
AGNC	C	8.86%
STWD	C	8.19%
CIM	D	5.48%
HASI	F	5.04%
BXMT	C	4.84%
ABR	C	4.54%
TWO	D	4.01%
MFA	D	3.81%
PMT	D	3.79%
ARI	C	3.76%
LADR	B	3.51%
NYMT	D	3.26%
RWT	D	2.77%
EFC	D	2.49%
RC	D	2.05%
ORC	C	2.0%
ACRE	B	1.95%
BRSP	C	1.92%
KREF	D	1.86%
IVR	D	1.84%
ARR	D	1.83%
DX	B	1.48%

MVRL Underweight 19 Positions Relative to ARGT

Symbol	Grade	Weight
MELI	C	-17.94%
GGAL	A	-12.47%
YPF	A	-11.56%
PAM	A	-5.23%
BMA	B	-5.13%
TGS	A	-4.97%
CEPU	A	-3.46%
BBAR	A	-3.2%
AKO.A	F	-2.99%
ARCO	F	-2.96%
TEO	B	-2.82%
DESP	A	-2.69%
AGRO	D	-2.6%
EDN	A	-1.9%
CAAP	A	-1.69%
LOMA	A	-1.68%
SUPV	A	-1.47%
CRESY	A	-1.05%
BIOX	F	-0.47%