MVRL vs. DRN - ETF Comparison
MVRL - ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN
The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN tracks the performance of the MVIS US Mortgage REITs Index, providing 1.5 times the monthly return of the underlying index. The fund focuses on the US mortgage REIT sector, offering a leveraged exposure to this specific segment of the real estate market.
DRN - Direxion Daily Real Estate Bull 3x Shares
The Direxion Daily Real Estate Bull 3x Shares ETF provides 3x daily leverage to an index of US REITs, allowing sophisticated investors to express a bullish short-term view of the US real estate sector. This fund is designed for traders who can monitor their position regularly, as it is not suitable for long-term, buy-and-hold portfolios due to its high risk and volatility.
| MVRL | DRN | |
|---|---|---|
| Fund Name | ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN | Direxion Daily Real Estate Bull 3x Shares |
| Fund Provider | UBS | Rafferty Asset Management |
| Index | MVIS US Mortgage REITs Index (150%) | S&P Real Estate Select Sector Index - Benchmark TR Gross (300%) |
| Asset Class | Real Estate | Real Estate |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.95% | 1.01% |
| Inception Date | 2020-06-02 | 2009-07-16 |
| Currency | USD | USD |
| Region | United States | United States |
| Investment Style | Blend | Blend |
| Market Cap | Blend | Blend |
| Sector | Financials | Real Estate |
| Sector Detail | Mortgage REITs | Broad-based |
| Leveraged | Leveraged | Leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.