CSB vs. SMHB ETF Comparison

Comparison of Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index ETF (CSB) to ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB)

CSB

Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index ETF

CSB Description

CSB's take on the US small-cap space mirrors that of its large-cap sibling, CDL. To qualify for this fund, a company must be among the 500 largest US companies under 3 billion USD in market cap and must have positive earnings for the four most recent quarters. The index selects the 100 highest dividend-yielding stocks from this group and weights them by inverse volatility, giving overweight to low-vol stocks. The index applies 20% country cap and 25% sector cap with semi-annual reconstitution starting each March. The funds closest peers are sibling funds: CSA, which has the same exposure but without the dividend yield screen, and CSF with a cash toggle feature during downturns.

Grade (RS Rating)

Last Trade

$54.71

Average Daily Volume

22,022

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMHB

ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B

SMHB Description

The investment seeks to provide a two times leveraged return linked to the compounded monthly performance of the Solactive US Small Cap High Dividend Index (the “index”). The index is designed to measure the performance of 100 relatively small capitalization, dividend yielding index constituent securities selected from a universe of qualifying U.S. listed equity securities. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.

Grade (RS Rating)

Last Trade

$6.14

Average Daily Volume

38,012

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CSB	SMHB
30 Days	-0.17%	-1.01%
60 Days	1.84%	4.63%
90 Days	3.59%	4.70%
12 Months	16.43%	74.54%

7 Overlapping Holdings

Symbol	Grade	Weight in CSB	Weight in SMHB	Overlap
APAM	D	0.96%	2.02%	0.96%
AROC	B	1.02%	0.53%	0.53%
CCOI	F	0.76%	1.51%	0.76%
ETRN	A	1.14%	2.49%	1.14%
NWBI	C	1.02%	0.77%	0.77%
SCS	D	0.63%	0.65%	0.63%
VGR	F	0.79%	0.79%	0.79%

CSB Overweight 92 Positions Relative to SMHB

Symbol	Grade	Weight
MGEE	A	1.78%
MDU	A	1.69%
WEN	B	1.54%
NFG	A	1.5%
NJR	B	1.48%
SR	B	1.47%
NWE	B	1.45%
MSM	F	1.44%
POR	B	1.4%
AWR	C	1.39%
ALE	A	1.37%
OGS	B	1.36%
AVT	A	1.32%
MAN	B	1.3%
SWX	A	1.29%
AVA	B	1.28%
SJW	D	1.27%
GEF	D	1.25%
R	A	1.25%
KNTK	B	1.25%
VIRT	A	1.24%
BKH	B	1.24%
CWT	B	1.21%
WU	C	1.19%
CPK	B	1.18%
NWN	B	1.17%
TGNA	D	1.17%
HRB	D	1.15%
NOG	B	1.15%
PINC	F	1.14%
JXN	A	1.09%
NAVI	D	1.08%
LEVI	A	1.08%
SXT	A	1.07%
AVNT	A	1.03%
HNI	B	1.02%
FRME	B	1.02%
FHB	A	1.01%
NBTB	B	1.01%
CALM	D	1.0%
OXM	A	1.0%
NHC	D	1.0%
CRI	F	0.99%
KMT	D	0.99%
FULT	A	0.99%
BANR	B	0.97%
FFBC	A	0.97%
CAKE	D	0.96%
UBSI	D	0.95%
DK	F	0.95%
ENR	C	0.93%
ASB	A	0.93%
BLMN	F	0.91%
TRN	A	0.9%
AESI	B	0.89%
TNL	D	0.88%
CBU	C	0.88%
WAFD	B	0.88%
WSBC	D	0.87%
HP	F	0.87%
CVI	F	0.87%
AUB	C	0.87%
CWEN	B	0.86%
PZZA	F	0.86%
INDB	C	0.84%
SFNC	D	0.83%
DAN	C	0.81%
BKE	D	0.81%
AAP	D	0.8%
KTB	B	0.79%
FIBK	B	0.77%
JACK	F	0.77%
VAC	C	0.77%
PPBI	D	0.76%
SNV	C	0.76%
PDCO	F	0.75%
CBRL	F	0.72%
CVBF	D	0.72%
BOH	D	0.7%
BKU	B	0.7%
CABO	F	0.69%
LCII	F	0.68%
COLB	C	0.67%
YOU	F	0.67%
PTEN	F	0.66%
CRGY	F	0.66%
M	C	0.64%
JWN	B	0.6%
GPS	D	0.56%
CWH	F	0.54%
SSTK	F	0.52%
MLKN	D	0.5%

CSB Underweight 84 Positions Relative to SMHB

Symbol	Grade	Weight
SLG	B	-4.87%
XRX	F	-4.09%
DTM	B	-3.81%
BXMT	F	-3.43%
DSS	F	-2.87%
TWO	A	-2.87%
CIM	D	-2.62%
BDN	B	-2.41%
BGS	B	-2.41%
SBRA	B	-2.38%
EPR	D	-2.34%
ABR	C	-2.21%
PAGP	B	-1.88%
UNIT	F	-1.86%
UWMC	C	-1.84%
ARR	C	-1.65%
NHI	A	-1.64%
ORC	B	-1.51%
PSEC	F	-1.47%
IVR	C	-1.43%
DEA	C	-1.35%
PMT	A	-1.35%
MFA	B	-1.27%
RWT	D	-1.24%
CTRE	B	-1.16%
PETS	F	-1.13%
MAIN	A	-1.09%
HTGC	A	-1.03%
ARI	F	-1.02%
GNL	D	-1.01%
FCPT	C	-1.0%
EFC	C	-1.0%
PDM	B	-0.99%
GSBD	A	-0.94%
NEWT	D	-0.94%
NYMT	F	-0.93%
LTC	A	-0.91%
DX	C	-0.89%
KREF	F	-0.8%
GBDC	A	-0.73%
CODI	D	-0.72%
VNOM	C	-0.65%
RC	C	-0.65%
ACRE	D	-0.64%
LADR	A	-0.62%
TSLX	B	-0.62%
HESM	C	-0.59%
UVV	B	-0.54%
OCSL	C	-0.54%
GMRE	D	-0.5%
ILPT	C	-0.49%
BRSP	F	-0.49%
WSR	D	-0.46%
ALX	C	-0.45%
GTY	C	-0.44%
OPI	C	-0.4%
RMR	B	-0.38%
NMFC	A	-0.38%
UHT	D	-0.36%
GPMT	D	-0.34%
CSWC	A	-0.34%
GOOD	A	-0.33%
FSP	F	-0.29%
TRTX	A	-0.29%
TCPC	D	-0.27%
AHH	C	-0.27%
CGBD	A	-0.25%
BCSF	A	-0.24%
TPVG	F	-0.23%
PFLT	B	-0.23%
SLRC	A	-0.23%
UVE	B	-0.22%
BBDC	A	-0.22%
KRO	A	-0.2%
EBF	D	-0.18%
GAIN	A	-0.17%
PNNT	B	-0.16%
OLP	A	-0.16%
FDUS	B	-0.16%
GLAD	A	-0.15%
BFS	F	-0.14%
TRIN	B	-0.12%
CCAP	A	-0.1%
REPX	F	-0.07%

SMHB: Top Represented Industries & Keywords

Industries: Asset Management REIT - Diversified REIT - Office REIT - Healthcare Facilities REIT - Retail Oil & Gas Midstream REIT - Residential Credit Services Business Equipment REIT - Industrial Specialty Finance Tobacco Business Services Conglomerates Information Technology Services Insurance - Property & Casualty Oil & Gas E&P Oil & Gas Equipment & Services Packaged Foods Pharmaceutical Retailers