MVRL vs. PWER ETF Comparison
Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Macquarie Energy Transition ETF (PWER)
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
$17.79
Average Daily Volume
9,616
Number of Holdings
*
23
* may have additional holdings in another (foreign) market
PWER
Macquarie Energy Transition ETF
PWER Description
The ETF seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of securities in the energy, materials, industrial, renewable energy, and utilities sectors that meet the fund"s investment criteria.Grade (RS Rating)
Last Trade
$29.29
Average Daily Volume
790
Number of Holdings
*
7
* may have additional holdings in another (foreign) market
Performance
| Period | MVRL | PWER |
|---|---|---|
| 30 Days | 0.97% | 8.45% |
| 60 Days | 10.70% | 10.25% |
| 90 Days | 9.20% | 3.11% |
| 12 Months | 27.49% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MVRL | Weight in PWER | Overlap |
|---|
MVRL Overweight 23 Positions Relative to PWER
| Symbol | Grade | Weight | |
|---|---|---|---|
| NLY | C | 13.03% | |
| AGNC | B | 8.86% | |
| STWD | C | 8.19% | |
| CIM | C | 5.48% | |
| HASI | B | 5.04% | |
| BXMT | C | 4.84% | |
| ABR | C | 4.54% | |
| TWO | D | 4.01% | |
| MFA | C | 3.81% | |
| PMT | B | 3.79% | |
| ARI | F | 3.76% | |
| LADR | D | 3.51% | |
| NYMT | F | 3.26% | |
| RWT | C | 2.77% | |
| EFC | D | 2.49% | |
| RC | F | 2.05% | |
| ORC | D | 2.0% | |
| ACRE | D | 1.95% | |
| BRSP | D | 1.92% | |
| KREF | C | 1.86% | |
| IVR | C | 1.84% | |
| ARR | D | 1.83% | |
| DX | D | 1.48% |
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
PWER: Top Represented Industries & Keywords
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