MVRL vs. EAGL ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Eagle Capital Select Equity ETF (EAGL)

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

$17.82

Average Daily Volume

9,525

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EAGL

Eagle Capital Select Equity ETF

EAGL Description

EAGL seeks to outperform the US equity markets through a narrow exposure to global value stocks. The actively managed fund generally holds 15-35 stocks assessed based on the advisers estimate of their long-term intrinsic values. The belief is that there is an opportunity to capture excess returns through a longer-term perspective. Thus, several investments of the fund are expected to be made with a five to seven-year holding period. The portfolio is constructed using a fundamental analysis that considers business changes, growth prospects, margins, industry factors, and valuation scenarios over the next 5 to 10 years, which seeks to identify a margin of safety based on valuation discount, resilience, growth opportunities, and strong management. The fund primarily focuses on US stocks and large-cap companies. However, the fund may invest in companies of any size and geographic location, including emerging markets. EAGL launched by converting an SMA with $1.8 billion in assets.

Grade (RS Rating)

Last Trade

$27.27

Average Daily Volume

57,545

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	EAGL
30 Days	-2.10%	1.11%
60 Days	4.38%	6.32%
90 Days	9.47%	2.13%
12 Months	28.85%

0 Overlapping Holdings

	Symbol	Grade	Weight in MVRL	Weight in EAGL	Overlap

MVRL Overweight 23 Positions Relative to EAGL

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

MVRL Underweight 9 Positions Relative to EAGL

Symbol	Grade	Weight
AMZN	C	-7.44%
META	A	-5.5%
COP	D	-5.38%
GOOGL	B	-5.05%
AON	A	-4.52%
UNH	B	-4.47%
SHEL	D	-4.44%
MSFT	D	-4.38%
AER	D	-3.82%