MVRL vs. IYLD ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to iShares Morningstar Multi-Asset Income ETF (IYLD)

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

$16.62

Average Daily Volume

10,480

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IYLD

iShares Morningstar Multi-Asset Income ETF

IYLD Description

The investment seeks to track the investment results of the Morningstar® Multi-Asset High Income IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is broadly diversified and seeks to deliver high current income while maintaining long-term capital appreciation. The fund is a fund-of-funds and invests primarily in the securities of the underlying funds that themselves seek investment results corresponding to their own underlying indexes.

Grade (RS Rating)

Last Trade

$20.14

Average Daily Volume

15,430

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	IYLD
30 Days	-1.98%	-0.93%
60 Days	-8.49%	-1.77%
90 Days	-3.72%	-0.48%
12 Months	14.12%	10.11%

0 Overlapping Holdings

	Symbol	Grade	Weight in MVRL	Weight in IYLD	Overlap

MVRL Overweight 23 Positions Relative to IYLD

Symbol	Grade	Weight
NLY	C	13.03%
AGNC	C	8.86%
STWD	C	8.19%
CIM	D	5.48%
HASI	D	5.04%
BXMT	C	4.84%
ABR	C	4.54%
TWO	F	4.01%
MFA	D	3.81%
PMT	C	3.79%
ARI	C	3.76%
LADR	B	3.51%
NYMT	C	3.26%
RWT	D	2.77%
EFC	C	2.49%
RC	D	2.05%
ORC	B	2.0%
ACRE	B	1.95%
BRSP	C	1.92%
KREF	C	1.86%
IVR	F	1.84%
ARR	D	1.83%
DX	B	1.48%

MVRL Underweight 11 Positions Relative to IYLD

Symbol	Grade	Weight
PFF	D	-15.38%
FLOT	A	-15.24%
USHY	A	-15.21%
ISTB	C	-15.08%
ILF	F	-10.04%
EFV	D	-8.97%
CEMB	C	-5.03%
AGZ	C	-5.01%
LEMB	F	-4.91%
USRT	C	-3.34%
REET	C	-1.7%

IYLD: Top Represented Industries & Keywords

Industries: