TAN vs. MVRL ETF Comparison
Comparison of Invesco Solar ETF (TAN) to ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL)
TAN
Invesco Solar ETF
TAN Description
The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index. The fund will generally invest at least 90% of its total assets in the securities (including American depositary receipts (?ADRs?)) that comprise the index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC compiles, maintains, and calculates the index, which is designed to track the global solar energy equity sector. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$40.30
Average Daily Volume
1,154,119
18
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
$16.52
Average Daily Volume
9,612
23
Performance
| Period | TAN | MVRL |
|---|---|---|
| 30 Days | -10.58% | -5.15% |
| 60 Days | -8.78% | -2.18% |
| 90 Days | -7.19% | -4.09% |
| 12 Months | -41.38% | 18.48% |
1 Overlapping Holdings
| Symbol | Grade | Weight in TAN | Weight in MVRL | Overlap | |
|---|---|---|---|---|---|
| HASI | D | 5.23% | 5.04% | 5.04% |
TAN Underweight 22 Positions Relative to MVRL
| Symbol | Grade | Weight | |
|---|---|---|---|
| NLY | B | -13.03% | |
| AGNC | B | -8.86% | |
| STWD | D | -8.19% | |
| CIM | D | -5.48% | |
| BXMT | D | -4.84% | |
| ABR | B | -4.54% | |
| TWO | A | -4.01% | |
| MFA | B | -3.81% | |
| PMT | A | -3.79% | |
| ARI | D | -3.76% | |
| LADR | A | -3.51% | |
| NYMT | D | -3.26% | |
| RWT | C | -2.77% | |
| EFC | B | -2.49% | |
| RC | B | -2.05% | |
| ORC | B | -2.0% | |
| ACRE | D | -1.95% | |
| BRSP | D | -1.92% | |
| KREF | D | -1.86% | |
| IVR | B | -1.84% | |
| ARR | D | -1.83% | |
| DX | C | -1.48% |
TAN: Top Represented Industries & Keywords
MVRL: Top Represented Industries & Keywords
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