EQIX vs. MVRL
Compare and contrast key facts about Equinix, Inc. (EQIX) and ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL).
MVRL is a passively managed fund by UBS that tracks the performance of the MVIS US Mortgage REITs Index (150%). It was launched on Jun 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQIX or MVRL.
Key characteristics
| EQIX | MVRL | |
|---|---|---|
| YTD Return | -8.72% | -8.37% |
| 1Y Return | 3.66% | 11.12% |
| 3Y Return (Ann) | 2.66% | -16.76% |
| Sharpe Ratio | 0.23 | 0.42 |
| Daily Std Dev | 24.08% | 38.07% |
| Max Drawdown | -99.44% | -60.01% |
| Current Drawdown | -19.93% | -47.37% |
Correlation
The correlation between EQIX and MVRL is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EQIX vs. MVRL - Performance Comparison
The year-to-date returns for both investments are quite close, with EQIX having a -8.72% return and MVRL slightly higher at -8.37%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
EQIX vs. MVRL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Equinix, Inc. (EQIX) and ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
EQIX vs. MVRL - Dividend Comparison
EQIX's dividend yield for the trailing twelve months is around 2.10%, less than MVRL's 19.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
EQIX Equinix, Inc. | 2.10% | 1.80% | 1.89% | 1.36% | 1.49% | 1.69% | 2.59% | 1.77% | 1.96% | 5.86% | 3.34% |
MVRL ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN | 19.80% | 18.69% | 25.21% | 12.97% | 5.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EQIX vs. MVRL - Drawdown Comparison
The maximum EQIX drawdown since its inception was -99.44%, which is greater than MVRL's maximum drawdown of -60.01%. Use the drawdown chart below to compare losses from any high point for EQIX and MVRL. For additional features, visit the drawdowns tool.
Volatility
EQIX vs. MVRL - Volatility Comparison
The current volatility for Equinix, Inc. (EQIX) is 6.62%, while ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL) has a volatility of 10.66%. This indicates that EQIX experiences smaller price fluctuations and is considered to be less risky than MVRL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.