MVRL vs. REM ETF Comparison
Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to iShares Mortgage Real Estate Capped ETF (REM)
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
$16.53
Average Daily Volume
9,096
Number of Holdings
*
23
* may have additional holdings in another (foreign) market
REM
iShares Mortgage Real Estate Capped ETF
REM Description
The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs") that hold U.S. residential and commercial mortgages. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the residential and commercial mortgage real estate, mortgage finance and savings associations sectors of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.30
Average Daily Volume
424,782
Number of Holdings
*
33
* may have additional holdings in another (foreign) market
Performance
Period | MVRL | REM |
---|---|---|
30 Days | -4.75% | -3.50% |
60 Days | -6.75% | -5.06% |
90 Days | -0.58% | -1.15% |
12 Months | 21.76% | 15.51% |
22 Overlapping Holdings
Symbol | Grade | Weight in MVRL | Weight in REM | Overlap | |
---|---|---|---|---|---|
ABR | B | 4.54% | 5.09% | 4.54% | |
ACRE | F | 1.95% | 0.82% | 0.82% | |
AGNC | D | 8.86% | 11.31% | 8.86% | |
ARI | F | 3.76% | 2.92% | 2.92% | |
ARR | D | 1.83% | 2.24% | 1.83% | |
BRSP | C | 1.92% | 1.61% | 1.61% | |
BXMT | C | 4.84% | 4.7% | 4.7% | |
CIM | D | 5.48% | 2.9% | 2.9% | |
DX | C | 1.48% | 2.19% | 1.48% | |
EFC | D | 2.49% | 2.43% | 2.43% | |
IVR | F | 1.84% | 0.97% | 0.97% | |
KREF | D | 1.86% | 1.63% | 1.63% | |
LADR | B | 3.51% | 3.0% | 3.0% | |
MFA | D | 3.81% | 2.92% | 2.92% | |
NLY | D | 13.03% | 15.2% | 13.03% | |
NYMT | D | 3.26% | 1.1% | 1.1% | |
ORC | D | 2.0% | 1.31% | 1.31% | |
PMT | D | 3.79% | 2.79% | 2.79% | |
RC | F | 2.05% | 2.64% | 2.05% | |
RWT | D | 2.77% | 2.32% | 2.32% | |
STWD | D | 8.19% | 9.65% | 8.19% | |
TWO | F | 4.01% | 3.15% | 3.15% |
MVRL Overweight 1 Positions Relative to REM
Symbol | Grade | Weight | |
---|---|---|---|
HASI | B | 5.04% |
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
REM: Top Represented Industries & Keywords
Industries:
REIT - Diversified
REIT - Residential
REIT - Mortgage
Capital Markets
REIT - Office
REIT - Retail
REIT - Specialty
Specialty Finance
Keywords:
Mortgage Loan
Real Estate Investment Trust
Mortgage Backed Security
Structured Finance
Loan
Real Estate Mortgage Investment Conduit
Real Estate Finance
Residential Mortgage Backed Security
Private Equity
Commercial Mortgage
Commercial Mortgage Backed Security
Real Estate Investing
Mortgage
Banking
Fannie Mae
Mezzanine Capital
Real Estate Properties
Rmbs
U.S. Government
Adjustable Rate Mortgage