FAAR vs. SMHB ETF Comparison

Comparison of First Trust Alternative Absolute Return Strategy ETF (FAAR) to ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB)

FAAR

First Trust Alternative Absolute Return Strategy ETF

FAAR Description

The First Trust Alternative Absolute Return Strategy ETF seeks to achieve long-term total return using a long/short commodities strategy. The fund intends to invest primarily in exchange-listed commodity futures contracts through a wholly-owned subsidiary.

Grade (RS Rating)

Last Trade

$27.73

Average Daily Volume

39,729

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

$5.73

Average Daily Volume

33,210

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FAAR	SMHB
30 Days	-0.14%	-4.90%
60 Days	-1.17%	0.46%
90 Days	-1.71%	-1.37%
12 Months	1.65%	22.79%

0 Overlapping Holdings

	Symbol	Grade	Weight in FAAR	Weight in SMHB	Overlap

FAAR Overweight 1 Positions Relative to SMHB

	Symbol	Grade	Weight
	FCRX	A	21.59%

FAAR Underweight 90 Positions Relative to SMHB

Symbol	Grade	Weight
SLG	B	-4.87%
XRX	F	-4.09%
DTM	A	-3.81%
BXMT	C	-3.43%
DSS	D	-2.87%
TWO	F	-2.87%
CIM	D	-2.62%
BDN	C	-2.41%
BGS	C	-2.41%
SBRA	B	-2.38%
EPR	D	-2.34%
ABR	B	-2.21%
APAM	A	-2.02%
PAGP	D	-1.88%
UNIT	C	-1.86%
UWMC	F	-1.84%
ARR	D	-1.65%
NHI	C	-1.64%
ORC	D	-1.51%
CCOI	B	-1.51%
PSEC	D	-1.47%
IVR	F	-1.43%
DEA	C	-1.35%
PMT	D	-1.35%
MFA	D	-1.27%
RWT	D	-1.24%
CTRE	A	-1.16%
PETS	C	-1.13%
MAIN	B	-1.09%
HTGC	C	-1.03%
ARI	F	-1.02%
GNL	D	-1.01%
FCPT	D	-1.0%
EFC	D	-1.0%
PDM	C	-0.99%
GSBD	F	-0.94%
NEWT	B	-0.94%
NYMT	D	-0.93%
LTC	A	-0.91%
DX	C	-0.89%
KREF	D	-0.8%
VGR	B	-0.79%
NWBI	C	-0.77%
GBDC	C	-0.73%
CODI	D	-0.72%
VNOM	A	-0.65%
SCS	F	-0.65%
RC	F	-0.65%
ACRE	F	-0.64%
LADR	B	-0.62%
TSLX	D	-0.62%
HESM	D	-0.59%
UVV	C	-0.54%
OCSL	D	-0.54%
AROC	D	-0.53%
GMRE	D	-0.5%
ILPT	F	-0.49%
BRSP	C	-0.49%
WSR	B	-0.46%
ALX	D	-0.45%
GTY	C	-0.44%
OPI	F	-0.4%
RMR	D	-0.38%
NMFC	F	-0.38%
UHT	D	-0.36%
GPMT	C	-0.34%
CSWC	D	-0.34%
GOOD	C	-0.33%
FSP	A	-0.29%
TRTX	A	-0.29%
TCPC	F	-0.27%
AHH	D	-0.27%
CGBD	C	-0.25%
BCSF	A	-0.24%
TPVG	F	-0.23%
PFLT	C	-0.23%
SLRC	B	-0.23%
UVE	C	-0.22%
BBDC	D	-0.22%
KRO	D	-0.2%
EBF	F	-0.18%
GAIN	B	-0.17%
PNNT	C	-0.16%
OLP	C	-0.16%
FDUS	C	-0.16%
GLAD	B	-0.15%
BFS	D	-0.14%
TRIN	D	-0.12%
CCAP	C	-0.1%
REPX	F	-0.07%

FAAR: Top Represented Industries & Keywords

Industries:

Keywords: Business Development Company Golub Capital H.I.G. Capital Private Equity Venture Capital

SMHB: Top Represented Industries & Keywords

Industries: Asset Management REIT - Diversified REIT - Office REIT - Healthcare Facilities REIT - Retail REIT - Residential Oil & Gas Midstream 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