MVRL vs. NBDS ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Neuberger Berman Disrupters ETF (NBDS)

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

$16.52

Average Daily Volume

9,612

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBDS

Neuberger Berman Disrupters ETF

NBDS Description

Neuberger Berman Disrupters ETF is an exchange traded fund launched and managed by Neuberger Berman Investment Advisers LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across information technology, healthcare, communication services, and consumer discretionary sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. Neuberger Berman Disrupters ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$27.02

Average Daily Volume

3,101

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	NBDS
30 Days	-5.15%	-6.31%
60 Days	-2.18%	-7.03%
90 Days	-4.09%	1.49%
12 Months	18.48%	31.05%

0 Overlapping Holdings

	Symbol	Grade	Weight in MVRL	Weight in NBDS	Overlap

MVRL Overweight 23 Positions Relative to NBDS

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

MVRL Underweight 25 Positions Relative to NBDS

Symbol	Grade	Weight
NVDA	C	-7.99%
UBER	D	-5.43%
AMD	D	-5.07%
AMZN	B	-4.57%
ASML	D	-4.55%
TW	B	-4.36%
LLY	B	-4.34%
INTU	C	-4.32%
ISRG	C	-4.29%
TDG	A	-4.02%
ONTO	B	-4.01%
MSFT	C	-3.71%
MPWR	C	-3.51%
DKNG	C	-3.46%
NOW	D	-3.38%
MDB	D	-3.29%
RMBS	F	-3.17%
MRNA	A	-3.07%
PANW	B	-2.91%
IDXX	D	-2.75%
KEYS	D	-2.7%
SWAV	A	-2.57%
DXCM	D	-2.5%
SPOT	B	-2.27%
PCOR	D	-2.06%