MVRLETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN
Provides 1.5x leveraged long exposure to the MVIS US Mortgage REITs Index, with variable monthly coupons.
By UBS · Launched 2020
Annual Cost
—
Fund Size
$12M
#4,863 of 6,040 · small
Return (1Y)
-8.9%
Track Record
6 years
#2,097 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$9,058-9.4%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaStrategy
Leveraged
Sector
Real estateIndex tracked
MVIS US Mortgage REITs Index
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
28.4%High
Year-on-year price swings
Max drawdown
-60.2%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.07Below average
Sortino (3Y)
0.09Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Provides 1.5x leveraged long exposure to the MVIS US Mortgage REITs Index, with variable monthly coupons.
- Strategy
- Provides 1.5x leveraged long exposure to the MVIS US Mortgage REITs Index — U.S.-listed mortgage REITs deriving at least 50% of revenue from mortgage-related activities. Pays a variable monthly coupon reflecting 1.5x Index constituent cash distributions, with quarterly compounding.
- Inception date
- June 2, 2020
- Fund family
- UBS
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Data updated on 2026-09-18