MVRL vs. RNWZ ETF Comparison
Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to TrueShares Eagle Global Renewable Energy Income ETF (RNWZ)
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
*
23
* may have additional holdings in another (foreign) market
RNWZ
TrueShares Eagle Global Renewable Energy Income ETF
RNWZ Description
The fund is an actively managed ETF that invests primarily in equity securities of domestic and foreign companies that primarily own or operate assets used in the development, generation, production, transmission, storage and sale of alternative and renewable energy such as solar power, wind power, biofuels, hydropower, nuclear or geothermal power. The fund also may invest in American Depository Receipts ("ADRs") and Global Depository Receipts ("GDRs") of Renewable Energy Infrastructure Companies. It is non-diversified.Grade (RS Rating)
Last Trade
$22.42
Average Daily Volume
555
Number of Holdings
*
8
* may have additional holdings in another (foreign) market
Performance
| Period | MVRL | RNWZ |
|---|---|---|
| 30 Days | -1.98% | -5.96% |
| 60 Days | -8.49% | -9.30% |
| 90 Days | -3.72% | -5.75% |
| 12 Months | 14.12% | 7.47% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MVRL | Weight in RNWZ | Overlap | |
|---|---|---|---|---|---|
| HASI | D | 5.04% | 4.19% | 4.19% |
MVRL Overweight 22 Positions Relative to RNWZ
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
RNWZ: Top Represented Industries & Keywords
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