MVRL vs. XPH ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to SPDR S&P Pharmaceuticals ETF (XPH)

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

XPH

SPDR S&P Pharmaceuticals ETF

XPH Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the pharmaceuticals segment of a U.S. total market composite index. In seeking to track the performance of the S&P Pharmaceuticals Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the pharmaceuticals industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.34

Average Daily Volume

60,002

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	XPH
30 Days	-1.98%	-0.77%
60 Days	-8.49%	3.73%
90 Days	-3.72%	5.39%
12 Months	14.12%	28.11%

0 Overlapping Holdings

	Symbol	Grade	Weight in MVRL	Weight in XPH	Overlap

MVRL Overweight 23 Positions Relative to XPH

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

MVRL Underweight 44 Positions Relative to XPH

Symbol	Grade	Weight
CORT	B	-4.96%
LBPH	A	-4.12%
BMY	B	-4.11%
ITCI	C	-4.01%
JAZZ	B	-3.94%
VTRS	A	-3.73%
AXSM	B	-3.59%
EWTX	C	-3.42%
CTLT	C	-3.41%
ELAN	D	-3.35%
PRGO	C	-3.35%
RPRX	D	-3.18%
JNJ	C	-3.17%
ZTS	D	-3.15%
PFE	F	-3.07%
LLY	F	-2.94%
MRK	D	-2.93%
TARS	C	-2.81%
OGN	F	-2.58%
SAVA	C	-2.57%
ARVN	F	-2.53%
PBH	A	-2.5%
SUPN	C	-2.15%
AMPH	F	-2.02%
PCRX	C	-1.91%
LGND	C	-1.77%
ANIP	F	-1.54%
COLL	F	-1.48%
OCUL	D	-1.44%
AMRX	C	-1.33%
MNMD	C	-1.23%
HRMY	D	-1.22%
WVE	C	-1.17%
HROW	D	-1.17%
INVA	D	-0.98%
EYPT	D	-0.94%
LQDA	F	-0.89%
PLRX	D	-0.87%
FULC	F	-0.85%
ELVN	D	-0.64%
NUVB	C	-0.6%
EOLS	D	-0.52%
PHAT	F	-0.48%
XERS	C	-0.46%

XPH: Top Represented Industries & Keywords

Industries: Biotechnology Drug Manufacturers - Specialty & Generic Drug Manufacturers - Major Drug Manufacturers - General Medical Distribution