MVRL vs. RIET ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Hoya Capital High Dividend Yield ETF (RIET)

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

RIET

Hoya Capital High Dividend Yield ETF

RIET Description

Hoya Capital High Dividend Yield ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Hoya Capital Real Estate, LLC and Penserra Capital Management, LLC. It invests in the public equity markets of the United States. The fund invests in the stocks of companies operating in the financial, diversified financials, mortgage real estate investment trust, real estate investment trusts, real estate, equity real estate investment trust, real estate management and development and real estate operating companies sectors. The fund invests in dividend paying, growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the Hoya Capital High Dividend Yield Index, by using full replication technique. Hoya Capital High Dividend Yield ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$10.62

Average Daily Volume

59,657

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	RIET
30 Days	-1.98%	-2.69%
60 Days	-8.49%	-3.85%
90 Days	-3.72%	0.55%
12 Months	14.12%	19.17%

13 Overlapping Holdings

Symbol	Grade	Weight in MVRL	Weight in RIET	Overlap
ABR	C	4.54%	1.24%	1.24%
ACRE	B	1.95%	1.2%	1.2%
AGNC	C	8.86%	1.41%	1.41%
ARI	C	3.76%	1.01%	1.01%
BRSP	C	1.92%	1.14%	1.14%
BXMT	C	4.84%	1.17%	1.17%
DX	B	1.48%	1.15%	1.15%
EFC	C	2.49%	1.15%	1.15%
KREF	C	1.86%	1.34%	1.34%
LADR	B	3.51%	1.19%	1.19%
PMT	C	3.79%	1.08%	1.08%
RC	D	2.05%	0.97%	0.97%
STWD	C	8.19%	1.45%	1.45%

MVRL Overweight 10 Positions Relative to RIET

Symbol	Grade	Weight
NLY	C	13.03%
CIM	D	5.48%
HASI	D	5.04%
TWO	F	4.01%
MFA	D	3.81%
NYMT	C	3.26%
RWT	D	2.77%
ORC	B	2.0%
IVR	F	1.84%
ARR	D	1.83%

MVRL Underweight 50 Positions Relative to RIET

Symbol	Grade	Weight
UNIT	B	-1.98%
BXP	C	-1.84%
OHI	C	-1.76%
NSA	C	-1.7%
SPG	A	-1.68%
KRC	B	-1.66%
EXR	C	-1.61%
VICI	C	-1.58%
EQR	C	-1.58%
GLPI	C	-1.56%
O	C	-1.53%
DOC	C	-1.53%
CLPR	D	-1.51%
CCI	C	-1.5%
APLE	B	-1.5%
NNN	C	-1.45%
OUT	A	-1.44%
SBRA	C	-1.41%
WPC	C	-1.38%
OLP	B	-1.38%
HIW	C	-1.38%
GOOD	B	-1.35%
NREF	A	-1.33%
BNL	D	-1.27%
BDN	C	-1.26%
CTO	B	-1.25%
LTC	B	-1.24%
EPR	C	-1.23%
GPMT	C	-1.22%
UHT	D	-1.21%
TRTX	C	-1.18%
PSTL	D	-1.17%
DEA	D	-1.15%
ALX	D	-1.14%
CIO	C	-1.14%
FBRT	D	-1.14%
AHH	D	-1.1%
GNL	F	-1.1%
GMRE	F	-1.08%
IIPR	D	-1.06%
CMTG	F	-1.01%
CHCT	C	-0.94%
MPW	F	-0.94%
AFCG	D	-0.87%
CHMI	F	-0.82%
SACH	F	-0.55%
SVC	F	-0.54%
NYMTN	D	-0.34%
NYMTM	A	-0.32%
AGNCN	A	-0.31%