MVRL vs. JHMU ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to John Hancock Dynamic Municipal Bond ETF (JHMU)

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

Number of Holdings ^*

23

* may have additional holdings in another (foreign) market

JHMU

John Hancock Dynamic Municipal Bond ETF

JHMU Description

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities that compose the fund's index. The index is designed to comprise securities in the utilities sector within the U.S. Universe whose market capitalizations are larger than that of the 1001st largest U.S. company at the time of reconstitution. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.81

Average Daily Volume

1,188

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	JHMU
30 Days	-1.89%	0.15%
60 Days	2.97%	0.07%
90 Days	0.31%	0.49%
12 Months	24.39%

0 Overlapping Holdings

	Symbol	Grade	Weight in MVRL	Weight in JHMU	Overlap

MVRL Overweight 23 Positions Relative to JHMU

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

MVRL Underweight 10 Positions Relative to JHMU

	Symbol	Grade	Weight
	AEP	A	-6.02%
	DUK	A	-5.11%
	XEL	C	-4.99%
	SRE	B	-4.92%
	SO	A	-4.69%
	EXC	C	-4.12%
	ED	A	-4.12%
	EIX	A	-4.09%
	PEG	A	-3.94%
	DTE	A	-3.83%

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

JHMU: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Utilities - Diversified

Keywords: S&P 500 Electricity Natural Gas Distribution Services Electric Power Electric Utility Energy Source Energy Sources Nasdaq 100 Sempra Energy Biomass Electric Services Energy Related Products Gas Pipeline Gas Transmission Natural Gas Distribution Natural Gas Pipeline Natural Gas Storage Natural Gas Transmission Renewable Energy Sources