MVRL vs. BNKD ETF Comparison
Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD)
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
$18.33
Average Daily Volume
7,887
23
BNKD
MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs
BNKD Description
The investment seeks to provide a leveraged inverse return based on the performance of the Solactive MicroSectorsTM U.S. Big Banks Index. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. stocks with the largest market capitalization in the banking sector.Grade (RS Rating)
Last Trade
$4.52
Average Daily Volume
481,287
10
Performance
Period | MVRL | BNKD |
---|---|---|
30 Days | 8.78% | -24.92% |
60 Days | -0.91% | -28.48% |
90 Days | -2.48% | -26.86% |
12 Months | 24.23% | -65.89% |
0 Overlapping Holdings
Symbol | Grade | Weight in MVRL | Weight in BNKD | Overlap |
---|
MVRL Overweight 23 Positions Relative to BNKD
Symbol | Grade | Weight | |
---|---|---|---|
NLY | B | 13.03% | |
AGNC | B | 8.86% | |
STWD | C | 8.19% | |
CIM | F | 5.48% | |
HASI | C | 5.04% | |
BXMT | C | 4.84% | |
ABR | D | 4.54% | |
TWO | C | 4.01% | |
MFA | B | 3.81% | |
PMT | C | 3.79% | |
ARI | C | 3.76% | |
LADR | C | 3.51% | |
NYMT | F | 3.26% | |
RWT | D | 2.77% | |
EFC | D | 2.49% | |
RC | D | 2.05% | |
ORC | C | 2.0% | |
ACRE | F | 1.95% | |
BRSP | D | 1.92% | |
KREF | F | 1.86% | |
IVR | C | 1.84% | |
ARR | D | 1.83% | |
DX | C | 1.48% |
MVRL: Top Represented Industries & Keywords
BNKD: Top Represented Industries & Keywords