RNWZ vs. MVRL ETF Comparison
Comparison of TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) to ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL)
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
8
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
23
Performance
| Period | RNWZ | MVRL |
|---|---|---|
| 30 Days | -5.96% | -1.98% |
| 60 Days | -9.30% | -8.49% |
| 90 Days | -5.75% | -3.72% |
| 12 Months | 7.47% | 14.12% |
1 Overlapping Holdings
| Symbol | Grade | Weight in RNWZ | Weight in MVRL | Overlap | |
|---|---|---|---|---|---|
| HASI | D | 4.19% | 5.04% | 4.19% |
RNWZ Underweight 22 Positions Relative to MVRL
| Symbol | Grade | Weight | |
|---|---|---|---|
| NLY | C | -13.03% | |
| AGNC | C | -8.86% | |
| STWD | C | -8.19% | |
| CIM | D | -5.48% | |
| 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% |
RNWZ: Top Represented Industries & Keywords
MVRL: Top Represented Industries & Keywords
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