MVRL vs. HDLB ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044 (HDLB)
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

$16.41

Average Daily Volume

10,262

Number of Holdings *

23

* may have additional holdings in another (foreign) market
HDLB

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044

HDLB Description The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive US High Dividend Low Volatility Index. The index is designed to measure the performance of 40 dividend yielding, relatively lower volatility Index Constituent Securities from the universe of the largest 1,000 U.S. listed stocks by market capitalization, as described herein. The Securities seek to approximate the monthly returns that might be available to investors through a leveraged “long” investment in the index constituent securities.

Grade (RS Rating)

Last Trade

$14.97

Average Daily Volume

2,960

Number of Holdings *

37

* may have additional holdings in another (foreign) market
Performance
Period MVRL HDLB
30 Days -7.89% 1.25%
60 Days -10.47% 8.19%
90 Days -2.05% 16.48%
12 Months 13.11% 61.53%
2 Overlapping Holdings
Symbol Grade Weight in MVRL Weight in HDLB Overlap
AGNC C 8.86% 1.03% 1.03%
NLY C 13.03% 1.43% 1.43%
MVRL Overweight 21 Positions Relative to HDLB
Symbol Grade Weight
STWD C 8.19%
CIM D 5.48%
HASI F 5.04%
BXMT D 4.84%
ABR B 4.54%
TWO D 4.01%
MFA D 3.81%
PMT D 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 C 2.0%
ACRE B 1.95%
BRSP B 1.92%
KREF D 1.86%
IVR D 1.84%
ARR C 1.83%
DX A 1.48%
MVRL Underweight 35 Positions Relative to HDLB
Symbol Grade Weight
PFE F -13.4%
ABBV F -9.8%
VZ C -9.25%
T A -8.79%
GILD B -5.14%
IBM D -5.12%
PM A -3.83%
DUK C -3.27%
MO A -3.18%
SO C -2.94%
D C -2.76%
AEP C -2.58%
O D -2.51%
VICI C -1.93%
KHC F -1.93%
ED D -1.85%
ETR A -1.73%
SRE A -1.71%
PPL A -1.48%
K B -1.47%
FE C -1.42%
EIX C -1.34%
IP A -1.22%
MPW F -1.04%
NI A -0.91%
PNW A -0.78%
WPC D -0.76%
WU F -0.73%
ARCC A -0.46%
GLPI C -0.44%
OGE A -0.43%
STAG D -0.4%
FSK A -0.25%
KD A -0.14%
ONL D -0.07%
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