MVRL vs. MAMB ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Monarch Ambassador Income ETF (MAMB)

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

$18.58

Average Daily Volume

7,721

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MAMB

Monarch Ambassador Income ETF

MAMB Description

The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Ambassador Income Index. The fund generally invests at least 80% of its total assets in the constituents of the index. The index is designed to measure the performance of an investable universe of fixed income securities of varying credit quality and duration, including corporate bonds, lower-quality bonds, known as "high yield" or "junk" bonds, treasury bonds, municipal bonds, mortgage backed securities and convertible bonds, that provide broad exposure to the U.S. and global bond market.

Grade (RS Rating)

Last Trade

$22.39

Average Daily Volume

10,263

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	MAMB
30 Days	13.66%	1.40%
60 Days	8.05%	2.25%
90 Days	16.49%	2.52%
12 Months	3.09%	2.87%

0 Overlapping Holdings

	Symbol	Grade	Weight in MVRL	Weight in MAMB	Overlap

MVRL Overweight 23 Positions Relative to MAMB

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

MVRL Underweight 6 Positions Relative to MAMB

Symbol	Grade	Weight
MBB	A	-18.72%
IEF	B	-13.74%
SHY	B	-11.28%
CWB	A	-6.29%
IAU	B	-6.23%
BAB	A	-6.22%

MAMB: Top Represented Industries & Keywords

Industries: