MVRL vs. GINX ETF Comparison
Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to SGI Enhanced Global Income ETF (GINX)
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
$17.02
Average Daily Volume
9,550
Number of Holdings
*
23
* may have additional holdings in another (foreign) market
GINX
SGI Enhanced Global Income ETF
GINX Description
The fund is an actively-managed exchange-traded fund ("ETF") and seeks to achieve its objective by (1) actively investing in global companies that offer dividend income and that trade on U.S. stock exchanges and (2) investing in options strategies that seek to generate current income. The fund uses an actively traded put and call options strategy that choose deep out-of-the-money strike prices generally expiring within 1-7 days to generate income.Grade (RS Rating)
Last Trade
$26.16
Average Daily Volume
11,340
Number of Holdings
*
10
* may have additional holdings in another (foreign) market
Performance
Period | MVRL | GINX |
---|---|---|
30 Days | 2.21% | 0.32% |
60 Days | 3.54% | 3.00% |
90 Days | -1.52% | 1.01% |
12 Months | 5.73% |
0 Overlapping Holdings
Symbol | Grade | Weight in MVRL | Weight in GINX | Overlap |
---|
MVRL Overweight 23 Positions Relative to GINX
Symbol | Grade | Weight | |
---|---|---|---|
NLY | B | 13.03% | |
AGNC | A | 8.86% | |
STWD | D | 8.19% | |
CIM | C | 5.48% | |
HASI | C | 5.04% | |
BXMT | C | 4.84% | |
ABR | B | 4.54% | |
TWO | B | 4.01% | |
MFA | B | 3.81% | |
PMT | D | 3.79% | |
ARI | D | 3.76% | |
LADR | B | 3.51% | |
NYMT | D | 3.26% | |
RWT | B | 2.77% | |
EFC | B | 2.49% | |
RC | D | 2.05% | |
ORC | C | 2.0% | |
ACRE | C | 1.95% | |
BRSP | D | 1.92% | |
KREF | D | 1.86% | |
IVR | B | 1.84% | |
ARR | B | 1.83% | |
DX | C | 1.48% |
MVRL: Top Represented Industries & Keywords
Industries:
REIT - Diversified
REIT - Residential
REIT - Office
REIT - Retail
Specialty Finance
Keywords:
Mortgage Backed Security
Mortgage Loan
Real Estate Investment Trust
Structured Finance
Real Estate Mortgage Investment Conduit
Residential Mortgage Backed Security
Commercial Mortgage Backed Security
Private Equity
Real Estate Finance
Loan
Commercial Mortgage
Fannie Mae
Mezzanine Capital
Real Estate Investing
Rmbs
U.S. Government
Adjustable Rate Mortgage
Asset Backed Security
Collateralized Debt Obligation
Freddie Mac
GINX: Top Represented Industries & Keywords
Industries:
Internet Content & Information
Banks - Regional - Asia
Banks - Regional - Latin America
Beverages - Soft Drinks
Biotechnology
Consumer Electronics
Health Care Plans
Oil & Gas E&P
Oil & Gas Integrated
Keywords:
S&P 500
Computing
Nasdaq 100
ATM
Bank
Banking
Currency
Dow Jones Component
Hyperscale
Investment Bank
Investment Banking
Investment Banking Services
Laptop Computer
Petroleum
Smartphones
Software
Account Management
Acquisition Advisory Services
Advertising Network
Advisory Consulting Services