GDXU vs. RAAX ETF Comparison

Comparison of MicroSectors Gold Miners 3X Leveraged ETNs (GDXU) to VanEck Vectors Real Asset Allocation ETF (RAAX)

GDXU

MicroSectors Gold Miners 3X Leveraged ETNs

GDXU Description

The investment seeks the return on the notes is linked to a three times leveraged participation in the daily performance of the S-Network MicroSectorsTM Gold Miners Index.The index is a total return index that tracks the performance of two exchange traded funds, the VanEck Vectors® Gold Miners ETF (the ?GDX?) and the VanEck Vectors® Junior Gold Miners ETF (the ?GDXJ?).

Grade (RS Rating)

Last Trade

$38.80

Average Daily Volume

1,330,112

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

RAAX

VanEck Vectors Real Asset Allocation ETF

RAAX Description

The investment seeks long-term total return. The fund invests, under normal circumstances, primarily in (i) exchange traded products that provide exposure to real assets through investment in domestic and foreign equity and debt securities, master limited partnerships ("MLPs"), and physical commodities, including ETFs and non-1940 Act (defined herein) commodity pools or commodity trusts and exchange traded notes ("ETNs") (collectively, "ETPs"); and (ii) cash or cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.23

Average Daily Volume

21,394

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	GDXU	RAAX
30 Days	45.66%	1.84%
60 Days	95.63%	8.32%
90 Days	59.51%	7.65%
12 Months	-30.31%	8.19%

1 Overlapping Holdings

	Symbol	Grade	Weight in GDXU	Weight in RAAX	Overlap
	GDX	A	75.0%	1.25%	1.25%

GDXU Overweight 1 Positions Relative to RAAX

	Symbol	Grade	Weight
	GDXJ	A	25.0%

GDXU Underweight 9 Positions Relative to RAAX

	Symbol	Grade	Weight
	PIT	A	-21.15%
	EINC	A	-11.5%
	PAVE	C	-4.9%
	REZ	B	-2.79%
	NLR	A	-2.01%
	SLX	C	-1.88%
	IAUF	A	-1.36%
	PHO	B	-1.0%
	MOO	F	-1.0%

GDXU: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Gold Mining Gold Mining Industry Stock Fund American Depositary Receipt Mining Nyse Arca Gold Miners Index Occupational Safety And Health Silver Mining Sovereign Wealth Funds Stock Market Index

RAAX: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund American Depositary Receipt Exchange Traded Funds Agribusiness Agricultural Products Agriculture Agronomy Aquaculture Commodity Commodity Markets Depositary Receipt Energy Infrastructure Exchange Traded Products Farm Machinery Fertilizer Food Industry Gold Mining Gold Mining Industry Investment Trust