MVRL vs. DVDN ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Kingsbarn Dividend Opportunity ETF (DVDN)

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

$16.40

Average Daily Volume

10,433

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DVDN

Kingsbarn Dividend Opportunity ETF

DVDN Description

The fund seeks to achieve its investment objective by investing, under normal market circumstances, at least 80% of its net assets in dividend-paying companies. The adviser intends to invest a substantial portion of its assets in publicly listed equity securities of U.S. mortgage REITs and business development companies that invest in residential and commercial loans and securities, business loans to private companies, and various types of derivatives for both investment and risk management purposes. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.56

Average Daily Volume

630

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	DVDN
30 Days	-4.26%	-2.35%
60 Days	-9.73%	-7.79%
90 Days	-2.76%	-3.75%
12 Months	13.27%	9.68%

5 Overlapping Holdings

Symbol	Grade	Weight in MVRL	Weight in DVDN	Overlap
ACRE	B	1.95%	5.37%	1.95%
AGNC	C	8.86%	4.72%	4.72%
BRSP	C	1.92%	5.8%	1.92%
DX	B	1.48%	6.66%	1.48%
RC	D	2.05%	5.37%	2.05%

MVRL Overweight 18 Positions Relative to DVDN

Symbol	Grade	Weight
NLY	D	13.03%
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%
ORC	C	2.0%
KREF	D	1.86%
IVR	D	1.84%
ARR	D	1.83%

MVRL Underweight 10 Positions Relative to DVDN

Symbol	Grade	Weight
CCAP	A	-6.93%
BXSL	A	-6.64%
GPMT	B	-6.16%
EARN	C	-5.97%
SAR	A	-5.2%
AOMR	F	-5.11%
TCPC	C	-4.9%
BCSF	C	-4.76%
CMTG	D	-4.71%
FBRT	C	-4.69%