MVRL vs. HYIN ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to WisdomTree Alternative Income Fund (HYIN)

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

$16.53

Average Daily Volume

9,096

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HYIN

WisdomTree Alternative Income Fund

HYIN Description

The investment seeks to track the price and yield performance, before fees and expenses, of the Gapstow Liquid Alternative Credit Index (the ?Index?). Under normal circumstances, at least 80% of the fund?s total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is comprised of registered closed-end investment companies and real estate investment trusts that are listed and publicly traded on a major U.S. stock exchange. It is non-diversified.

Grade (RS Rating)

Last Trade

$18.28

Average Daily Volume

7,600

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	HYIN
30 Days	-4.75%	-1.71%
60 Days	-6.75%	-3.28%
90 Days	-0.58%	-1.19%
12 Months	21.76%	10.17%

9 Overlapping Holdings

Symbol	Grade	Weight in MVRL	Weight in HYIN	Overlap
ABR	B	4.54%	2.96%	2.96%
AGNC	D	8.86%	2.74%	2.74%
ARI	F	3.76%	2.73%	2.73%
BXMT	C	4.84%	2.76%	2.76%
EFC	D	2.49%	2.85%	2.49%
LADR	B	3.51%	2.77%	2.77%
RC	F	2.05%	2.59%	2.05%
RWT	D	2.77%	2.93%	2.77%
STWD	D	8.19%	2.84%	2.84%

MVRL Overweight 14 Positions Relative to HYIN

Symbol	Grade	Weight
NLY	D	13.03%
CIM	D	5.48%
HASI	B	5.04%
TWO	F	4.01%
MFA	D	3.81%
PMT	D	3.79%
NYMT	D	3.26%
ORC	D	2.0%
ACRE	F	1.95%
BRSP	C	1.92%
KREF	D	1.86%
IVR	F	1.84%
ARR	D	1.83%
DX	C	1.48%

MVRL Underweight 18 Positions Relative to HYIN

Symbol	Grade	Weight
ARCC	B	-3.1%
MAIN	B	-3.07%
FSK	B	-3.06%
GBDC	C	-3.05%
BXSL	B	-3.04%
HTGC	C	-3.03%
PTY	A	-3.0%
OXLC	A	-2.99%
GOF	A	-2.97%
JQC	A	-2.96%
JFR	A	-2.96%
HYT	A	-2.93%
PDI	A	-2.91%
ECC	A	-2.91%
EVV	A	-2.9%
VVR	D	-2.79%
AOMR	F	-2.62%
CMTG	F	-2.33%