MTUL vs. ITB
Compare and contrast key facts about ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) and iShares U.S. Home Construction ETF (ITB).
MTUL and ITB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MTUL is a passively managed fund by UBS that tracks the performance of the MSCI USA Momentum Index. It was launched on Feb 5, 2021. ITB is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Home Construction Index. It was launched on May 1, 2006. Both MTUL and ITB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MTUL or ITB.
Correlation
The correlation between MTUL and ITB is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MTUL vs. ITB - Performance Comparison
Key characteristics
MTUL:
0.41
ITB:
-0.46
MTUL:
0.87
ITB:
-0.51
MTUL:
1.12
ITB:
0.94
MTUL:
0.51
ITB:
-0.39
MTUL:
1.72
ITB:
-0.90
MTUL:
11.55%
ITB:
14.57%
MTUL:
48.39%
ITB:
28.34%
MTUL:
-56.83%
ITB:
-86.53%
MTUL:
-19.90%
ITB:
-28.88%
Returns By Period
In the year-to-date period, MTUL achieves a -3.91% return, which is significantly higher than ITB's -11.12% return.
MTUL
-3.91%
-2.59%
-5.04%
22.04%
N/A
N/A
ITB
-11.12%
-5.88%
-23.22%
-11.74%
23.98%
13.73%
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MTUL vs. ITB - Expense Ratio Comparison
MTUL has a 0.95% expense ratio, which is higher than ITB's 0.42% expense ratio.
Risk-Adjusted Performance
MTUL vs. ITB — Risk-Adjusted Performance Rank
MTUL
ITB
MTUL vs. ITB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) and iShares U.S. Home Construction ETF (ITB). 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
MTUL vs. ITB - Dividend Comparison
MTUL has not paid dividends to shareholders, while ITB's dividend yield for the trailing twelve months is around 1.08%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTUL ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ITB iShares U.S. Home Construction ETF | 1.08% | 0.46% | 0.48% | 0.86% | 0.37% | 0.46% | 0.50% | 0.63% | 0.28% | 0.43% | 0.34% | 0.34% |
Drawdowns
MTUL vs. ITB - Drawdown Comparison
The maximum MTUL drawdown since its inception was -56.83%, smaller than the maximum ITB drawdown of -86.53%. Use the drawdown chart below to compare losses from any high point for MTUL and ITB. For additional features, visit the drawdowns tool.
Volatility
MTUL vs. ITB - Volatility Comparison
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) has a higher volatility of 28.86% compared to iShares U.S. Home Construction ETF (ITB) at 13.00%. This indicates that MTUL's price experiences larger fluctuations and is considered to be riskier than ITB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.