MVRL vs. OFOS ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Range Global Offshore Oil Services Index ETF (OFOS)

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

$16.21

Average Daily Volume

10,480

Number of Holdings ^*

23

* may have additional holdings in another (foreign) market

OFOS

Range Global Offshore Oil Services Index ETF

OFOS Description

The index is designed to track the performance of companies that are involved in the offshore oil services ecosystem, particularly in the areas of production, exploration, development, transportation, and distribution. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of offshore oil companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.23

Average Daily Volume

6,163

Number of Holdings ^*

12

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	OFOS
30 Days	-1.98%	4.76%
60 Days	-8.49%	-3.25%
90 Days	-3.72%	-9.53%
12 Months	14.12%

0 Overlapping Holdings

	Symbol	Grade	Weight in MVRL	Weight in OFOS	Overlap

MVRL Overweight 23 Positions Relative to OFOS

	Symbol	Grade	Weight
	NLY	C	13.03%
	AGNC	C	8.86%
	STWD	C	8.19%
	CIM	D	5.48%
	HASI	D	5.04%
	BXMT	C	4.84%
	ABR	C	4.54%
	TWO	F	4.01%
	MFA	D	3.81%
	PMT	C	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	B	2.0%
	ACRE	B	1.95%
	BRSP	C	1.92%
	KREF	C	1.86%
	IVR	F	1.84%
	ARR	D	1.83%
	DX	B	1.48%

MVRL Underweight 12 Positions Relative to OFOS

	Symbol	Grade	Weight
	RIG	D	-6.92%
	VAL	F	-6.46%
	TDW	F	-4.91%
	BKR	A	-3.88%
	FTI	A	-3.48%
	SLB	C	-3.3%
	HAL	C	-3.27%
	CHX	C	-3.24%
	HLX	B	-3.19%
	NOV	C	-3.04%
	WFRD	D	-2.73%
	SMHI	F	-0.64%

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

OFOS: Top Represented Industries & Keywords

Industries: Oil & Gas Equipment & Services Oil & Gas Drilling Shipping & Ports

Keywords: Petroleum Industry Petroleum Production Oil Wells Oil And Gas Oil And Gas Industry Subsea Offshore Drilling Project Management Well Drilling Well Intervention Construction Drill Bit Drilling Fluid Energy Industry Gas Wells Geotechnical Engineering Intervention Services Natural Gas Offshore Engineering Oil And Gas Wells