MVRL vs. MORT ETF Comparison
Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Market Vectors Mortgage REIT Income ETF (MORT)
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
*
23
* may have additional holdings in another (foreign) market
MORT
Market Vectors Mortgage REIT Income ETF
MORT Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® Global Mortgage REITs Index (the "Mortgage REITs Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Mortgage REITs Index is comprised of stocks of publicly traded U.S. mortgage REITs that derive at least 50% of their revenues (or, where applicable, have at least 50% of their assets) from mortgage-related activity. The fund is non-diversified.Grade (RS Rating)
Last Trade
$11.10
Average Daily Volume
278,832
Number of Holdings
*
16
* may have additional holdings in another (foreign) market
Performance
Period | MVRL | MORT |
---|---|---|
30 Days | -4.75% | -2.80% |
60 Days | -6.75% | -4.30% |
90 Days | -0.58% | 0.25% |
12 Months | 21.76% | 11.63% |
15 Overlapping Holdings
Symbol | Grade | Weight in MVRL | Weight in MORT | Overlap | |
---|---|---|---|---|---|
ABR | B | 4.54% | 5.07% | 4.54% | |
ACRE | F | 1.95% | 1.08% | 1.08% | |
AGNC | D | 8.86% | 11.78% | 8.86% | |
ARI | F | 3.76% | 2.77% | 2.77% | |
BRSP | C | 1.92% | 1.81% | 1.81% | |
BXMT | C | 4.84% | 5.07% | 4.84% | |
DX | C | 1.48% | 3.01% | 1.48% | |
EFC | D | 2.49% | 2.84% | 2.49% | |
HASI | B | 5.04% | 5.24% | 5.04% | |
KREF | D | 1.86% | 1.79% | 1.79% | |
LADR | B | 3.51% | 3.53% | 3.51% | |
PMT | D | 3.79% | 2.71% | 2.71% | |
RC | F | 2.05% | 3.25% | 2.05% | |
RWT | D | 2.77% | 2.32% | 2.32% | |
STWD | D | 8.19% | 8.75% | 8.19% |
MVRL Underweight 1 Positions Relative to MORT
Symbol | Grade | Weight | |
---|---|---|---|
FBRT | B | -2.66% |
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
MORT: Top Represented Industries & Keywords
Industries:
REIT - Diversified
REIT - Residential
REIT - Mortgage
REIT - Office
REIT - Retail
Specialty Finance
Keywords:
Mortgage Loan
Real Estate Investment Trust
Mortgage Backed Security
Structured Finance
Private Equity
Real Estate Finance
Real Estate Mortgage Investment Conduit
Loan
Real Estate Investing
Commercial Mortgage Backed Security
Mezzanine Capital
Commercial Mortgage
Mortgage
Private Money Investing
Real Estate Debt
Real Estate Debt Investments
Residential Mortgage Backed Security
American Capital
Banking
Biomass