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Upturn AI SWOT - About
ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL)
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Upturn Advisory Summary
04/01/2025: MVRL (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -15.08% | Avg. Invested days 35 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 8660 | Beta 2.23 | 52 Weeks Range 13.37 - 17.62 | Updated Date 04/2/2025 |
52 Weeks Range 13.37 - 17.62 | Updated Date 04/2/2025 |
Upturn AI SWOT
ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN
ETF Overview
Overview
The ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MORL) is an exchange-traded note that provides 1.5 times leveraged exposure to the monthly returns of the FTSE NAREIT All Mortgage Capped Index, which tracks U.S. mortgage REITs.
Reputation and Reliability
The ETN is issued by UBS, a reputable global financial services company. ETNs, however, carry credit risk related to the issuer.
Management Expertise
ETNs are passively managed, tracking a specified index. UBS's expertise is primarily in structuring and issuing financial products.
Investment Objective
Goal
Seeks to provide 1.5 times leveraged exposure to the monthly returns of the FTSE NAREIT All Mortgage Capped Index.
Investment Approach and Strategy
Strategy: Tracks the FTSE NAREIT All Mortgage Capped Index with 1.5x leverage.
Composition The value of the ETN is linked to the performance of the index, which comprises mortgage REITs.
Market Position
Market Share: MORL's market share is relatively small compared to non-leveraged REIT ETFs.
Total Net Assets (AUM): 82830000
Competitors
Key Competitors
- iShares Mortgage Real Estate ETF (REM)
- VanEck Mortgage REIT Income ETF (MORT)
- AGNC Investment Corp. (AGNC)
- Annaly Capital Management, Inc. (NLY)
Competitive Landscape
The competitive landscape consists of both unleveraged and leveraged mortgage REIT ETFs. MORL offers leveraged exposure, making it distinct but riskier than unleveraged options. Its high yield is attractive but comes with increased volatility and credit risk from UBS.
Financial Performance
Historical Performance: Historical performance is highly volatile due to the leveraged nature. Performance varies significantly based on interest rate environments.
Benchmark Comparison: The ETF aims to provide 1.5x the monthly return of its underlying index, so the comparison should reflect that leverage.
Expense Ratio: 0.40
Liquidity
Average Trading Volume
MORL exhibits moderate liquidity with an average trading volume that can fluctuate.
Bid-Ask Spread
The bid-ask spread is generally small, but may widen during periods of market volatility.
Market Dynamics
Market Environment Factors
Interest rate movements, economic growth, and regulatory changes significantly impact mortgage REITs and, consequently, MORL's performance.
Growth Trajectory
Growth depends heavily on the mortgage REIT sector and interest rate trends. Leverage amplifies both gains and losses.
Moat and Competitive Advantages
Competitive Edge
MORL's competitive edge lies in its leveraged exposure to the mortgage REIT sector, offering the potential for higher monthly income. This distinguishes it from unleveraged competitors, appealing to investors seeking high yield. However, this benefit comes with significantly higher risks due to leverage and issuer credit risk. Its high yield and monthly payout attract income-seeking investors.
Risk Analysis
Volatility
MORL exhibits high volatility due to its leveraged structure, making it susceptible to large price swings.
Market Risk
The primary market risk is related to interest rate sensitivity of mortgage REITs, as well as credit risk associated with the issuer, UBS.
Investor Profile
Ideal Investor Profile
Suitable for sophisticated investors with a high-risk tolerance who understand the risks of leverage and ETNs and seek high monthly income.
Market Risk
MORL is best suited for active traders who can closely monitor market conditions and manage the associated risks, and are looking for high potential yields in short time frame.
Summary
ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MORL) offers leveraged exposure to mortgage REITs, providing potentially high monthly income. However, it carries significant risks due to its leveraged structure and the credit risk of the issuer. The ETN is designed for sophisticated investors seeking high yield and comfortable with high volatility. It is not suitable for long-term, risk-averse investors.
Similar Companies
DIV
Global X SuperDividend U.S. ETF
DIV
Global X SuperDividend U.S. ETF
MORT
VanEck Mortgage REIT Income ETF
MORT
VanEck Mortgage REIT Income ETF
PSEC
Prospect Capital Corporation
PSEC
Prospect Capital Corporation
Sources and Disclaimers
Data Sources:
- etf.com
- morningstar.com
- ubs.com
- google finance
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Past performance is not indicative of future results. ETNs have risks distinct from typical ETFs, including credit risk.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
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