MVRL vs. CRDT ETF Comparison
Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Simplify Exchange Traded Funds Simplify Opportunistic Income ETF (CRDT)
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
$16.79
Average Daily Volume
9,770
23
CRDT
Simplify Exchange Traded Funds Simplify Opportunistic Income ETF
CRDT Description
The investment seeks a high level of total return consisting of both income and capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in Corporate Debt. For these purposes, Corporate Debt includes fixed income securities, such as bonds, notes, money market securities, debt securities linked to inflation rates of local economies, variable or floating rate securities and other debt obligations of U.S. and non-U.S. corporate issuers. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.12
Average Daily Volume
11,397
2
Performance
| Period | MVRL | CRDT |
|---|---|---|
| 30 Days | -1.89% | -0.62% |
| 60 Days | 2.97% | -1.52% |
| 90 Days | 0.31% | -0.26% |
| 12 Months | 24.39% |
MVRL Overweight 21 Positions Relative to CRDT
MVRL Underweight 0 Positions Relative to CRDT
| Symbol | Grade | Weight |
|---|
MVRL: Top Represented Industries & Keywords
CRDT: Top Represented Industries & Keywords
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