MVRLETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN
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.
UBS · Since 2020 (5 years)
0.00%
#5332 out of 5,332 ETFs
$13M
#4386 out of 5,332 ETFs
20.65%
5 years
#2161 out of 5,332 ETFs
Performance
1 Year
+23.1%
3 Years
+14.2%
5 Years
-5.5%
What's inside
Risk profile
28.0%
High
-60.0%
Worst peak-to-trough loss
0.46
Below average
0.64
Moderate downside risk
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Buffer ETF — downside protection at a cost
Defined-outcome funds cap upside (typically 8–20%) in exchange for partial downside protection (9–30%), priced via options. Fees are materially higher than the underlying index (often 0.70%+ vs 0.03–0.10%). For most pre-retirees, a simple stock/bond mix achieves similar downside behaviour at a fraction of the cost.
Source: Morningstar, 'Defined-Outcome ETFs: Useful or Uneconomic?' (2023)
Why we flagged this: strategy=structured_outcome + structured_outcome_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05