MVRL vs. QABA ETF Comparison
Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)
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
$16.65
Average Daily Volume
10,090
Number of Holdings
*
23
* may have additional holdings in another (foreign) market
QABA
First Trust NASDAQ ABA Community Bank Index Fund
QABA Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S.banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size. The fund is non-diversified.Grade (RS Rating)
Last Trade
$61.27
Average Daily Volume
14,614
Number of Holdings
*
121
* may have additional holdings in another (foreign) market
Performance
Period | MVRL | QABA |
---|---|---|
30 Days | -4.84% | 13.20% |
60 Days | -7.61% | 16.64% |
90 Days | -1.82% | 21.34% |
12 Months | 12.53% | 44.53% |
0 Overlapping Holdings
Symbol | Grade | Weight in MVRL | Weight in QABA | Overlap |
---|
MVRL Overweight 23 Positions Relative to QABA
Symbol | Grade | Weight | |
---|---|---|---|
NLY | C | 13.03% | |
AGNC | C | 8.86% | |
STWD | D | 8.19% | |
CIM | D | 5.48% | |
HASI | F | 5.04% | |
BXMT | D | 4.84% | |
ABR | B | 4.54% | |
TWO | F | 4.01% | |
MFA | D | 3.81% | |
PMT | D | 3.79% | |
ARI | D | 3.76% | |
LADR | B | 3.51% | |
NYMT | F | 3.26% | |
RWT | D | 2.77% | |
EFC | C | 2.49% | |
RC | D | 2.05% | |
ORC | C | 2.0% | |
ACRE | C | 1.95% | |
BRSP | B | 1.92% | |
KREF | D | 1.86% | |
IVR | D | 1.84% | |
ARR | C | 1.83% | |
DX | C | 1.48% |
MVRL Underweight 121 Positions Relative to QABA
Symbol | Grade | Weight | |
---|---|---|---|
CBSH | A | -4.4% | |
WTFC | B | -4.21% | |
UMBF | B | -2.93% | |
FFIN | B | -2.9% | |
UBSI | B | -2.77% | |
OZK | B | -2.59% | |
HWC | B | -2.49% | |
IBOC | B | -2.17% | |
BANF | B | -1.99% | |
TFSL | A | -1.93% | |
TCBI | B | -1.91% | |
FULT | B | -1.85% | |
CATY | B | -1.81% | |
FHB | B | -1.71% | |
FIBK | B | -1.69% | |
WSFS | B | -1.63% | |
SFNC | B | -1.52% | |
INDB | B | -1.51% | |
CVBF | B | -1.51% | |
WAFD | B | -1.46% | |
FFBC | B | -1.34% | |
PPBI | B | -1.33% | |
TOWN | B | -1.31% | |
TBBK | B | -1.31% | |
FRME | B | -1.24% | |
BANR | B | -1.24% | |
SBCF | B | -1.23% | |
TRMK | B | -1.16% | |
NBTB | B | -1.15% | |
TFIN | B | -1.1% | |
EFSC | B | -1.07% | |
SYBT | B | -1.06% | |
WSBC | B | -1.03% | |
CASH | B | -0.97% | |
CHCO | B | -0.95% | |
CLBK | B | -0.94% | |
FBNC | B | -0.92% | |
LKFN | B | -0.91% | |
NWBI | B | -0.91% | |
MBIN | D | -0.89% | |
SASR | A | -0.83% | |
HOPE | B | -0.8% | |
SRCE | B | -0.79% | |
VBTX | B | -0.79% | |
STBA | B | -0.79% | |
TCBK | B | -0.77% | |
QCRH | B | -0.74% | |
BUSE | B | -0.74% | |
WABC | B | -0.74% | |
GABC | A | -0.66% | |
RBCAA | B | -0.65% | |
DCOM | B | -0.64% | |
PFBC | B | -0.62% | |
PEBO | B | -0.6% | |
OCFC | B | -0.58% | |
AMAL | B | -0.54% | |
BRKL | B | -0.53% | |
SBSI | B | -0.53% | |
BFC | B | -0.52% | |
BHRB | B | -0.51% | |
CNOB | B | -0.51% | |
CTBI | B | -0.51% | |
FMBH | B | -0.49% | |
PFC | B | -0.49% | |
CCB | A | -0.47% | |
HFWA | B | -0.45% | |
CFFN | B | -0.45% | |
UVSP | B | -0.44% | |
EGBN | B | -0.43% | |
FCBC | B | -0.42% | |
BFST | B | -0.42% | |
CFB | B | -0.41% | |
OSBC | A | -0.4% | |
NBN | B | -0.4% | |
HBNC | B | -0.39% | |
ORRF | B | -0.38% | |
IBCP | B | -0.38% | |
MBWM | B | -0.38% | |
GSBC | B | -0.37% | |
HAFC | B | -0.37% | |
SMBC | B | -0.36% | |
TRST | B | -0.34% | |
FSBC | B | -0.34% | |
CAC | B | -0.34% | |
MOFG | B | -0.33% | |
PGC | A | -0.32% | |
SPFI | B | -0.32% | |
HTBK | A | -0.32% | |
HTBI | B | -0.32% | |
CCBG | B | -0.32% | |
WASH | B | -0.32% | |
HIFS | B | -0.31% | |
ESQ | B | -0.3% | |
CASS | B | -0.3% | |
HONE | B | -0.29% | |
CCNE | B | -0.29% | |
NFBK | B | -0.29% | |
MSBI | B | -0.28% | |
THFF | B | -0.28% | |
FMNB | B | -0.28% | |
BCAL | B | -0.27% | |
AROW | B | -0.27% | |
KRNY | B | -0.26% | |
MPB | B | -0.26% | |
SHBI | B | -0.26% | |
FFIC | B | -0.25% | |
TCBX | B | -0.24% | |
EBTC | B | -0.23% | |
BSRR | B | -0.23% | |
CARE | B | -0.22% | |
FISI | B | -0.21% | |
RBB | B | -0.21% | |
BWB | B | -0.2% | |
NECB | B | -0.2% | |
BMRC | B | -0.2% | |
NRIM | A | -0.2% | |
NEWT | B | -0.18% | |
INBK | B | -0.17% | |
FRST | B | -0.15% | |
WSBF | C | -0.15% | |
FLIC | B | -0.15% |
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
QABA: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Savings & Cooperative Banks
Banks - Regional
Asset Management
Business Services
Keywords:
Bank
Banking
Deposit Products
Real Estate Loans
Commercial Banking
Demand Deposit
Trust Services
Individual Retirement Account
Commercial Bank
Loan Products
Investment Management
Residential Real Estate Loans
Banking Services
Business Loans
Cash Management Services
Retail Banking
Banking Products
Wealth Management Services
Insurance Products
Loan