MVRL vs. XMLV ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to PowerShares S&P MidCap Low Volatility Portfolio (XMLV)

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 ^*

* may have additional holdings in another (foreign) market

XMLV

PowerShares S&P MidCap Low Volatility Portfolio

XMLV Description

The PowerShares S&P MidCap Low Volatility Portfolio (Fund) is based on the S&P MidCap 400 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 80 out of 400 medium-capitalization range securities from the S&P MidCap 400 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$60.81

Average Daily Volume

35,673

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVRL	XMLV
30 Days	-4.75%	-0.07%
60 Days	-6.75%	1.32%
90 Days	-0.58%	5.24%
12 Months	21.76%	25.68%

0 Overlapping Holdings

	Symbol	Grade	Weight in MVRL	Weight in XMLV	Overlap

MVRL Overweight 23 Positions Relative to XMLV

Symbol	Grade	Weight
NLY	D	13.03%
AGNC	D	8.86%
STWD	D	8.19%
CIM	D	5.48%
HASI	B	5.04%
BXMT	C	4.84%
ABR	B	4.54%
TWO	F	4.01%
MFA	D	3.81%
PMT	D	3.79%
ARI	F	3.76%
LADR	B	3.51%
NYMT	D	3.26%
RWT	D	2.77%
EFC	D	2.49%
RC	F	2.05%
ORC	D	2.0%
ACRE	F	1.95%
BRSP	C	1.92%
KREF	D	1.86%
IVR	F	1.84%
ARR	D	1.83%
DX	C	1.48%

MVRL Underweight 79 Positions Relative to XMLV

Symbol	Grade	Weight
ATR	A	-1.77%
CW	B	-1.75%
DTM	A	-1.69%
SEIC	A	-1.68%
CACI	A	-1.6%
VOYA	B	-1.55%
SF	A	-1.48%
FHI	A	-1.46%
PNM	B	-1.44%
DCI	B	-1.4%
THG	B	-1.39%
INGR	C	-1.39%
AM	C	-1.38%
IBKR	A	-1.38%
EHC	A	-1.38%
ORI	D	-1.38%
RGA	C	-1.36%
IDA	A	-1.35%
OGE	C	-1.35%
HLI	A	-1.35%
AMG	A	-1.34%
UNM	A	-1.32%
ADC	C	-1.32%
SON	F	-1.32%
GLPI	D	-1.32%
OHI	B	-1.31%
RLI	B	-1.31%
RPM	B	-1.3%
EPR	D	-1.3%
PRI	B	-1.29%
NJR	D	-1.29%
POST	D	-1.28%
CHE	F	-1.28%
NNN	D	-1.28%
ACM	A	-1.28%
FLS	A	-1.27%
JEF	B	-1.27%
AMH	F	-1.26%
NWE	D	-1.26%
AFG	D	-1.26%
GGG	D	-1.25%
ESNT	F	-1.24%
USFD	B	-1.24%
SR	D	-1.24%
GNTX	B	-1.23%
G	C	-1.23%
JHG	A	-1.23%
NFG	C	-1.23%
MTG	D	-1.21%
SBRA	B	-1.21%
POR	C	-1.2%
ELS	D	-1.2%
SNX	C	-1.19%
CDP	B	-1.18%
ALE	A	-1.18%
TXRH	A	-1.17%
EGP	D	-1.17%
FLO	F	-1.17%
BRX	C	-1.17%
GEF	B	-1.16%
PPC	A	-1.16%
OGS	C	-1.16%
KBR	B	-1.14%
AVT	B	-1.14%
FR	D	-1.14%
SLGN	A	-1.13%
BKH	D	-1.12%
STAG	D	-1.12%
LSTR	D	-1.1%
GATX	A	-1.09%
MMS	D	-1.08%
NYT	A	-1.07%
MSA	F	-1.07%
NEU	D	-1.06%
WTRG	C	-1.04%
DLB	B	-1.03%
MUSA	C	-0.98%
MAN	F	-0.95%
CHRD	F	-0.87%