MVRL vs. QCLN ETF Comparison
Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN)
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
*
23
* may have additional holdings in another (foreign) market
QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN 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(R) Clean Edge(R) Green Energy 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. The index is a modified market capitalization-weighted index in which larger companies receive a larger Index weighting and includes caps to prevent high concentrations among larger alternative energy stocks. The fund is non-diversified.Grade (RS Rating)
Last Trade
$34.90
Average Daily Volume
109,381
Number of Holdings
*
46
* may have additional holdings in another (foreign) market
Performance
Period | MVRL | QCLN |
---|---|---|
30 Days | -2.10% | -0.83% |
60 Days | 4.38% | 5.10% |
90 Days | 9.47% | -1.97% |
12 Months | 28.85% | -12.08% |
1 Overlapping Holdings
Symbol | Grade | Weight in MVRL | Weight in QCLN | Overlap | |
---|---|---|---|---|---|
HASI | C | 5.04% | 2.03% | 2.03% |
MVRL Overweight 22 Positions Relative to QCLN
MVRL Underweight 45 Positions Relative to QCLN
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | C | -9.42% | |
FSLR | C | -8.71% | |
ON | F | -7.4% | |
ENPH | D | -7.36% | |
RIVN | F | -5.58% | |
ALB | D | -4.12% | |
OLED | C | -4.11% | |
AYI | A | -4.1% | |
LCID | D | -3.46% | |
ITRI | C | -2.45% | |
ALGM | F | -2.39% | |
ORA | C | -2.37% | |
RUN | D | -2.1% | |
ENS | D | -2.07% | |
AEIS | F | -2.0% | |
POWI | F | -1.83% | |
MP | B | -1.54% | |
FLNC | C | -1.5% | |
NEP | D | -1.33% | |
CWEN | C | -1.28% | |
BE | F | -1.24% | |
ASPN | D | -1.12% | |
PLUG | D | -1.02% | |
SQM | D | -0.85% | |
PSNY | D | -0.81% | |
RNW | D | -0.78% | |
VICR | B | -0.71% | |
SEDG | F | -0.67% | |
AMRC | C | -0.67% | |
NOVA | D | -0.66% | |
WOLF | F | -0.65% | |
ARRY | F | -0.52% | |
SHLS | F | -0.49% | |
AMSC | C | -0.45% | |
MNTK | D | -0.39% | |
CLNE | C | -0.35% | |
CHPT | F | -0.3% | |
EOSE | B | -0.29% | |
WLDN | A | -0.29% | |
AMPS | F | -0.27% | |
LYTS | B | -0.24% | |
LNZA | D | -0.17% | |
TPIC | C | -0.11% | |
WBX | F | -0.11% | |
BLNK | F | -0.09% |
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
QCLN: Top Represented Industries & Keywords
Industries:
Electronic Components
Solar
Auto Manufacturers
Semiconductors
Utilities - Independent Power Producers
Utilities - Renewable
Engineering & Construction
Semiconductor Equipment & Materials
Building Materials
Business Services
Chemicals
Conglomerates
Diversified Industrials
Oil & Gas Refining & Marketing
Other Industrial Metals & Mining
REIT - Diversified
Scientific & Technical Instruments
Specialty Chemicals
Utilities - Diversified
Utilities - Regulated Electric