ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN

  • Current Indicative Value
  • 07/18/2024 | 06:59 pm
  • USD 18.37
  • Current Spot Price USD 18.38
  • 07/18/2024 | 04:10 pm

Index Profile

Underlying Index MVIS US Mortgage REITs Index
Ticker symbol MVMORT

About the index

The MVIS US Mortgage REITs Index is a modified capitalization-weighted, float-adjusted index designed to give investors a means of tracking the overall performance of publicly-traded mortgage REITs that are listed and incorporated in the United States and derive at least 50% (25% for current Index components) of their revenues from mortgage-related activity. This includes REITs that are primarily engaged in the purchase or service of commercial or residential mortgage loans or mortgage-related securities. The Index is a price return index (i.e., the reinvestment of dividends is not reflected in the value of the Index). The Index was created in August 4, 2011 and has no live performance history prior to that date.

Index Historical Returns

Name 1 Month 3 Months 6 Months 1 Year 3 Years
MVIS US Mortgage REITs Index 5.26% 11.85% 2.23% -4.49% -36.83%

Source: UBS Investment Bank, publicly available data.

Historical information presented is furnished as a matter of information only. Historical performance of the Index is not an indication of future performance. Future performance of the Index may differ significantly from historical performance, either positively or negatively.

Index Historical Returns are calculated on the basis of intraday index levels or closing index levels where relevant.

Constituent Weightings

Name Ticker symbol % Weight
Annaly Capital Management Inc NLY 11.15
American Capital Agency Corp AGNC 9.12
Starwood Property Trust Inc STWD 7.24
New Residential Investment Corp RITM 6.66
Blackstone Mortgage Trust Inc BXMT 5.26
Hannon Armstrong Sustainable Infrastructure Capital Inc HASI 4.63
Ladder Capital Corp LADR 4.57
Arbor Realty Trust Inc ABR 4.48
Ready Capital Corp RC 4.36
TWO HARBORS INVESTMENT CORP TWO 4.09
Apollo Commercial Real Estat ARI 3.91
Chimera Investment Corp CIM 3.57
Ellington Financial LLC (EFC) EFC 3.38
MFA Financial Inc MFA 3.25
Pennymac Portgage Investment PMT 3.14
Franklin Bsp Realty Trust Inc FBRT 3.13
Dynex Capital Inc DX 3.11
Armour Residential Reit Inc ARR 2.58
Redwood Trust Inc RWT 2.52
Brightspire Capital Inc BRSP 2.41
NEW YORK MORTGAGE TRUST INC NYMT 1.83
Invesco Mortgage Capital IVR 1.52
Orchid Island Capital Inc ORC 1.48
Ares Commercial Real Estate Corp ACRE 1.39
Kkr Real Estate Finance Trus KREF 1.23

Source: MV Index Solutions GmbH, as of July 18, 2024.

Constituent Weightings