UCIB vs. LBO ETF Comparison

Comparison of ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due April 5, 2038 (UCIB) to WHITEWOLF Publicly Listed Private Equity ETF (LBO)

UCIB

ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due April 5, 2038

UCIB Description

The ETRACS UBS Bloomberg Constant Maturity Commodity Index Total Return ETN Series B are senior unsecured debt securities issued by UBS that provide exposure to potential price appreciation in the UBS Bloomberg Constant Maturity Commodity Index Total Return. The index is designed to be a diversified benchmark for commodities as an asset class. It is comprised of futures contracts on 27 components, representing 24 commodities, with up to five different maturities for each individual commodity. The overall return on the index is generated by two components: uncollateralized returns on the futures contracts comprising the index and a daily fixed-income return.

Grade (RS Rating)

Last Trade

$26.33

Average Daily Volume

4,346

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LBO

WHITEWOLF Publicly Listed Private Equity ETF

LBO Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of U.S. publicly listed private equity companies. It defines "listed private equity companies" as Leverage Finance Providers and Buyout Firms, Sponsors, and Asset Managers (collectively, "Listed Private Equity Companies") that are listed and traded on a U.S. national securities exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.14

Average Daily Volume

501

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	UCIB	LBO
30 Days	-0.59%	1.82%
60 Days	6.17%	4.07%
90 Days	8.32%	6.57%
12 Months	11.44%

0 Overlapping Holdings

	Symbol	Grade	Weight in UCIB	Weight in LBO	Overlap

UCIB Overweight 2 Positions Relative to LBO

	Symbol	Grade	Weight
	ERII	F	37.14%
	ANSC	A	28.23%

UCIB Underweight 10 Positions Relative to LBO

Symbol	Grade	Weight
ARCC	A	-7.75%
BXSL	B	-7.32%
FSK	B	-7.12%
OWL	B	-6.13%
KKR	C	-5.92%
HTGC	A	-5.33%
CG	D	-5.24%
TPG	D	-4.96%
BX	D	-4.82%
ARES	A	-4.77%

UCIB: Top Represented Industries & Keywords

Industries: Pollution & Treatment Controls

Keywords: Desalination Electricity Energy Recovery Systems Filter Membrane Technology Mergers And Acquisitions Oil And Gas Operators Private Equity Pump Recovery Systems Reverse Osmosis Reverse Takeover Special Purpose Acquisition Company Turbines Turbocharger Usable Energy Water Desalination Water Treatment

LBO: Top Represented Industries & Keywords

Industries: Asset Management Specialty Finance