MVRL vs. AMAX ETF Comparison
Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to RH Hedged Multi-Asset Income ETF (AMAX)
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
$17.79
Average Daily Volume
9,616
Number of Holdings
*
23
* may have additional holdings in another (foreign) market
AMAX
RH Hedged Multi-Asset Income ETF
AMAX Description
RH Hedged Multi-Asset Income ETF seeks total return through a combination of capital appreciation and current income. The Fund invests primarily in fixed income securities and the Fund may also invest in mortgage-related high-yield instruments rated below investment grade (commonly referred to as junk bonds) with up to 15% of the Fund's assets.Grade (RS Rating)
Last Trade
$8.07
Average Daily Volume
8,251
Number of Holdings
*
6
* may have additional holdings in another (foreign) market
Performance
Period | MVRL | AMAX |
---|---|---|
30 Days | 0.97% | 1.29% |
60 Days | 10.70% | 7.73% |
90 Days | 9.20% | 2.41% |
12 Months | 27.49% | 19.21% |
0 Overlapping Holdings
Symbol | Grade | Weight in MVRL | Weight in AMAX | Overlap |
---|
MVRL Overweight 23 Positions Relative to AMAX
Symbol | Grade | Weight | |
---|---|---|---|
NLY | C | 13.03% | |
AGNC | B | 8.86% | |
STWD | C | 8.19% | |
CIM | C | 5.48% | |
HASI | B | 5.04% | |
BXMT | C | 4.84% | |
ABR | C | 4.54% | |
TWO | D | 4.01% | |
MFA | C | 3.81% | |
PMT | B | 3.79% | |
ARI | F | 3.76% | |
LADR | D | 3.51% | |
NYMT | F | 3.26% | |
RWT | C | 2.77% | |
EFC | D | 2.49% | |
RC | F | 2.05% | |
ORC | D | 2.0% | |
ACRE | D | 1.95% | |
BRSP | D | 1.92% | |
KREF | C | 1.86% | |
IVR | C | 1.84% | |
ARR | D | 1.83% | |
DX | D | 1.48% |
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
AMAX: Top Represented Industries & Keywords
Industries:
Keywords:
ETF
Exchange Traded Fund
Exchange Traded Funds
Investment Management
Stock Market Index
Bloomberg Barclays Us Aggregate Bond Index
Bond
Bond Market
Brent Crude
Covered Call
Credit Suisse
Crude Oil
Debt Securities
ETN
Energy Economics
Exchange Traded Note
Forward Contract
Gold As An Investment
Gold Investments
Government Bonds