MVRL vs. KBWR ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to PowerShares KBW Regional Banking Portfolio ETF (KBWR)

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

KBWR

PowerShares KBW Regional Banking Portfolio ETF

KBWR Description

The PowerShares KBW Regional Banking Portfolio (Fund) is based on the KBW Regional Banking Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is an equal weighted float-adjusted market capitalization index that seeks to reflect the performance of publicly traded companies that do business as regional banks or thrifts listed on US stock markets. The Index is compiled, maintained and calculated by KBW and is composed of approximately 50 companies. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$54.48

Average Daily Volume

5,065

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	KBWR
30 Days	-2.10%	-5.26%
60 Days	4.38%	1.71%
90 Days	9.47%	12.28%
12 Months	28.85%	33.31%

0 Overlapping Holdings

	Symbol	Grade	Weight in MVRL	Weight in KBWR	Overlap

MVRL Overweight 23 Positions Relative to KBWR

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 49 Positions Relative to KBWR

Symbol	Grade	Weight
WBS	D	-3.75%
CBSH	D	-3.6%
PNFP	D	-3.55%
SSB	C	-3.48%
BPOP	D	-3.41%
VLY	C	-2.14%
COLB	C	-2.13%
TCBI	C	-2.12%
UMBF	C	-2.08%
FFIN	D	-2.07%
ABCB	C	-2.07%
CFR	D	-2.04%
BOKF	D	-2.04%
WTFC	D	-2.04%
FBP	D	-2.03%
OZK	F	-2.03%
CADE	D	-2.02%
FIBK	D	-2.02%
PB	D	-2.01%
CATY	D	-1.99%
HOMB	D	-1.99%
SNV	D	-1.98%
EBC	D	-1.98%
GBCI	C	-1.98%
UCB	D	-1.96%
UBSI	D	-1.96%
AUB	D	-1.95%
CBU	D	-1.95%
HWC	D	-1.95%
ONB	D	-1.93%
ASB	F	-1.93%
FNB	D	-1.93%
FULT	D	-1.92%
WSFS	D	-1.91%
FHB	D	-1.9%
WAFD	D	-1.81%
BKU	D	-1.75%
SFNC	C	-1.73%
INDB	D	-1.61%
BOH	D	-1.6%
CVBF	B	-1.59%
PFS	D	-1.55%
PPBI	F	-1.55%
FFBC	D	-1.54%
BANC	D	-1.49%
TRMK	D	-1.25%
FCF	D	-1.12%
HOPE	D	-0.97%
BRKL	D	-0.57%