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

Number of Holdings *

23

* may have additional holdings in another (foreign) market
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

Number of Holdings *

10

* may have additional holdings in another (foreign) market
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 Underweight 10 Positions Relative to BNKD
Symbol Grade Weight
WFC C -10.0%
USB B -10.0%
TFC B -10.0%
SCHW B -10.0%
PNC B -10.0%
MS B -10.0%
JPM B -10.0%
GS B -10.0%
C B -10.0%
BAC B -10.0%
Compare ETFs