MVRL vs. SRET ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Global X SuperDividend REIT ETF (SRET)

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 ^*

* may have additional holdings in another (foreign) market

SRET

Global X SuperDividend REIT ETF

SRET Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global SuperDividend® REIT Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index tracks the performance of REITs that rank among the highest yielding REITs globally, as determined by Solactive AG, the provider of the underlying index ("Index Provider"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.22

Average Daily Volume

24,500

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	SRET
30 Days	-4.75%	-3.70%
60 Days	-6.75%	-2.82%
90 Days	-0.58%	3.09%
12 Months	21.76%	17.45%

7 Overlapping Holdings

Symbol	Grade	Weight in MVRL	Weight in SRET	Overlap
ARI	F	3.76%	2.96%	2.96%
BRSP	C	1.92%	2.73%	1.92%
DX	C	1.48%	3.31%	1.48%
EFC	D	2.49%	3.44%	2.49%
LADR	B	3.51%	3.32%	3.32%
RC	F	2.05%	2.59%	2.05%
STWD	D	8.19%	3.33%	3.33%

MVRL Overweight 16 Positions Relative to SRET

Symbol	Grade	Weight
NLY	D	13.03%
AGNC	D	8.86%
CIM	D	5.48%
HASI	B	5.04%
BXMT	C	4.84%
ABR	B	4.54%
TWO	F	4.01%
MFA	D	3.81%
PMT	D	3.79%
NYMT	D	3.26%
RWT	D	2.77%
ORC	D	2.0%
ACRE	F	1.95%
KREF	D	1.86%
IVR	F	1.84%
ARR	D	1.83%

MVRL Underweight 10 Positions Relative to SRET

Symbol	Grade	Weight
OHI	B	-4.7%
NHI	C	-4.48%
SBRA	B	-4.37%
GTY	C	-3.79%
LTC	A	-3.6%
GLPI	D	-3.52%
BNL	D	-3.48%
EPR	D	-3.46%
WPC	F	-2.99%
GNL	D	-2.25%