CEFD vs. SCAP ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) to InfraCap Small Cap Income ETF (SCAP)

CEFD

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN

CEFD Description

The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the S-Network Composite Closed-End Fund Index (the ?index?), reduced by the Accrued Fees. The index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield.

Grade (RS Rating)

Last Trade

$20.06

Average Daily Volume

1,992

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SCAP

InfraCap Small Cap Income ETF

SCAP Description

The investment seeks to provide total return through long-term capital appreciation and current income. The fund seeks to achieve its investment objective by investing in a diversified group of U.S.-traded equity securities consisting of common and preferred stock, ADRs, and REITs. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in small cap securities. The fund's sub-advisor generally defines a small cap company as one having a market capitalization less than the market cap of the largest company in the Russell 2000 Index at the time of acquisition.

Grade (RS Rating)

Last Trade

$34.72

Average Daily Volume

3,647

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CEFD	SCAP
30 Days	-1.62%	-1.51%
60 Days	1.60%	-0.99%
90 Days	7.27%	3.77%
12 Months	33.63%

0 Overlapping Holdings

	Symbol	Grade	Weight in CEFD	Weight in SCAP	Overlap

CEFD Overweight 99 Positions Relative to SCAP

Symbol	Grade	Weight
EVV	A	2.63%
BDJ	A	2.39%
HYT	A	2.19%
BTZ	D	2.16%
NXDT	D	1.9%
AWF	C	1.83%
DSL	C	1.77%
JQC	A	1.66%
BXMX	A	1.65%
EMD	D	1.5%
WIW	A	1.37%
BHK	C	1.3%
QQQX	A	1.26%
BOE	B	1.23%
BCX	B	1.2%
HIO	A	1.19%
JPC	A	1.18%
RA	A	1.17%
GHY	A	1.16%
BGY	D	1.09%
CII	C	1.07%
HIX	A	1.01%
BIT	B	1.01%
EOS	A	1.0%
IGD	C	0.98%
EFT	A	0.95%
HTD	C	0.94%
BST	B	0.92%
BLW	A	0.92%
EAD	D	0.9%
ISD	A	0.88%
LDP	C	0.84%
FFC	D	0.83%
EFR	A	0.82%
FRA	A	0.82%
TEI	D	0.75%
PHK	A	0.75%
EOI	A	0.73%
MIN	A	0.71%
EHI	D	0.71%
NBB	C	0.71%
MCR	C	0.7%
PDT	D	0.69%
DIAX	B	0.69%
PPT	C	0.67%
WIA	C	0.66%
MMT	A	0.64%
GOF	A	0.64%
JPI	A	0.63%
BKT	D	0.62%
PFN	A	0.59%
JGH	D	0.59%
FCT	A	0.58%
ERC	D	0.57%
HPS	D	0.55%
HYI	A	0.55%
DFP	D	0.55%
BME	D	0.54%
BGT	A	0.49%
HPI	C	0.47%
PHD	A	0.44%
BGH	A	0.44%
FTF	C	0.43%
GBAB	D	0.42%
HYB	C	0.39%
EVG	A	0.38%
IDE	A	0.38%
DHF	C	0.38%
PHT	C	0.38%
TSI	B	0.37%
ETB	A	0.37%
FT	A	0.37%
STK	C	0.37%
DHY	C	0.36%
HPF	C	0.36%
MSD	D	0.34%
INSI	B	0.34%
FFA	C	0.32%
DBL	D	0.31%
GDO	D	0.31%
PSF	D	0.31%
VBF	D	0.3%
BGR	B	0.3%
PIM	C	0.3%
PFL	A	0.29%
IGA	B	0.29%
OPP	D	0.29%
SPXX	A	0.27%
FLC	C	0.24%
MCN	D	0.24%
CIK	D	0.24%
WEA	C	0.22%
FAM	B	0.21%
VLT	A	0.19%
MGF	D	0.19%
VGI	A	0.18%
HEQ	C	0.18%
GNT	C	0.14%
JLS	A	0.14%

CEFD Underweight 41 Positions Relative to SCAP

Symbol	Grade	Weight
HRI	A	-2.95%
EWBC	A	-2.78%
AES	F	-2.45%
KRC	B	-2.22%
MUR	F	-2.21%
CASY	A	-2.14%
PFBC	B	-2.14%
DKL	D	-2.1%
SM	F	-2.05%
NTB	C	-2.03%
AGNC	D	-1.97%
BRX	C	-1.96%
PNFP	A	-1.96%
CHRD	F	-1.94%
REXR	F	-1.93%
PAGP	D	-1.84%
AVNT	D	-1.81%
BLMN	F	-1.8%
MKSI	F	-1.75%
AB	B	-1.74%
WWD	D	-1.72%
CELH	F	-1.66%
GATX	A	-1.64%
NTST	F	-1.58%
POR	C	-1.57%
EPRT	C	-1.56%
MCBS	C	-1.51%
JEF	B	-1.45%
SLM	C	-1.35%
PK	F	-1.29%
NYT	A	-1.22%
STAG	D	-1.18%
AIZ	D	-1.18%
ASIX	C	-1.16%
CHCT	B	-1.12%
WAL	C	-1.11%
SBLK	F	-1.1%
BPOP	F	-1.02%
KRT	C	-0.94%
ESI	A	-0.93%
VLYPP	B	-0.47%

CEFD: Top Represented Industries & Keywords

Industries: Asset Management