BYRE vs. MVRL ETF Comparison
Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL)
BYRE
Principal Real Estate Active Opportunities ETF
BYRE Description
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies principally engaged in the real estate industry at the time of purchase. It invests primarily in equity securities of U.S. companies, including those of small companies. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$25.29
Average Daily Volume
1,193
Number of Holdings
*
22
* may have additional holdings in another (foreign) market
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
$17.31
Average Daily Volume
8,992
Number of Holdings
*
23
* may have additional holdings in another (foreign) market
Performance
Period | BYRE | MVRL |
---|---|---|
30 Days | 8.75% | 4.88% |
60 Days | 10.14% | 4.27% |
90 Days | 13.83% | 7.56% |
12 Months | 13.30% | 5.54% |
0 Overlapping Holdings
Symbol | Grade | Weight in BYRE | Weight in MVRL | Overlap |
---|
BYRE Overweight 22 Positions Relative to MVRL
BYRE Underweight 23 Positions Relative to MVRL
Symbol | Grade | Weight | |
---|---|---|---|
NLY | B | -13.03% | |
AGNC | A | -8.86% | |
STWD | B | -8.19% | |
CIM | B | -5.48% | |
HASI | C | -5.04% | |
BXMT | D | -4.84% | |
ABR | D | -4.54% | |
TWO | B | -4.01% | |
MFA | B | -3.81% | |
PMT | C | -3.79% | |
ARI | B | -3.76% | |
LADR | B | -3.51% | |
NYMT | C | -3.26% | |
RWT | B | -2.77% | |
EFC | B | -2.49% | |
RC | B | -2.05% | |
ORC | D | -2.0% | |
ACRE | C | -1.95% | |
BRSP | D | -1.92% | |
KREF | B | -1.86% | |
IVR | C | -1.84% | |
ARR | B | -1.83% | |
DX | B | -1.48% |
BYRE: Top Represented Industries & Keywords
Industries:
REIT - Diversified
REIT - Healthcare Facilities
REIT - Industrial
REIT - Residential
REIT - Hotel & Motel
REIT - Office
Telecom Services
Resorts & Casinos
Keywords:
Real Estate Investment Trust
S&P 500
Sba Communications
Assisted Living
Communications Sites
Distributed Antenna System
Hospitality Industry
Industrial Real Estate
Information And Communications Technology
Marriott International
Pcia The Wireless Infrastructure Association
Real Estate Properties
Rental Homes
Site Development Services
Telecommunications
Tourism
Tower Site
Travel
Wireless Communication
Wireless Networking
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