IGE vs. SMHB ETF Comparison

Comparison of iShares North American Natural Resources ETF (IGE) to ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB)

IGE

iShares North American Natural Resources ETF

IGE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Natural Resources Sector IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of natural resource-related companies in the United States and Canada. Components primarily include energy, materials, metals and mining and oil and gas companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.60

Average Daily Volume

148,619

Number of Holdings ^*

121

* 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	IGE	SMHB
30 Days	-3.44%	-1.01%
60 Days	8.51%	4.63%
90 Days	11.87%	4.70%
12 Months	21.90%	74.54%

2 Overlapping Holdings

	Symbol	Grade	Weight in IGE	Weight in SMHB	Overlap
	DTM	B	0.23%	3.81%	0.23%
	ETRN	A	0.22%	2.49%	0.22%

IGE Overweight 119 Positions Relative to SMHB

Symbol	Grade	Weight
CVX	B	10.37%
XOM	B	10.13%
COP	C	4.4%
CNQ	C	3.1%
EOG	B	2.94%
ENB	A	2.88%
FCX	A	2.73%
SLB	F	2.58%
MPC	D	2.55%
PXD	B	2.4%
PSX	D	2.35%
VLO	C	2.07%
SU	B	1.88%
WMB	B	1.78%
NEM	B	1.78%
OKE	C	1.76%
OXY	C	1.66%
HES	B	1.65%
LNG	D	1.43%
TRP	C	1.42%
MLM	D	1.38%
FANG	B	1.37%
KMI	A	1.35%
VMC	C	1.3%
HAL	F	1.27%
DVN	B	1.25%
BKR	D	1.24%
AEM	A	1.2%
GOLD	B	1.11%
CVE	B	1.04%
TRGP	B	0.97%
WPM	B	0.9%
FNV	B	0.88%
TECK	A	0.86%
BALL	A	0.84%
CTRA	A	0.78%
CCJ	B	0.75%
PBA	A	0.74%
AVY	A	0.67%
EQT	B	0.63%
MRO	C	0.6%
PKG	C	0.59%
AMCR	A	0.49%
OVV	B	0.49%
WRK	A	0.47%
IP	D	0.46%
FTI	A	0.43%
APA	F	0.43%
TPL	B	0.41%
CHK	B	0.38%
AR	A	0.37%
CCK	C	0.37%
ATR	A	0.36%
WFRD	B	0.34%
EXP	B	0.33%
RRC	B	0.33%
DINO	F	0.32%
SWN	C	0.31%
RGLD	B	0.3%
GPK	C	0.3%
KGC	B	0.3%
PR	B	0.29%
NOV	D	0.28%
CHRD	B	0.28%
PAAS	B	0.26%
MTDR	D	0.26%
MUR	C	0.25%
BERY	D	0.25%
CIVI	B	0.24%
AA	A	0.24%
CHX	D	0.24%
PBF	C	0.22%
AGI	B	0.22%
SON	D	0.21%
SM	B	0.21%
NE	F	0.19%
CPG	B	0.19%
MGY	B	0.18%
SUM	D	0.18%
LPX	D	0.18%
AM	A	0.18%
WFG	D	0.17%
KNF	B	0.17%
TDW	A	0.17%
VAL	D	0.16%
SEE	C	0.16%
HP	F	0.15%
ERF	B	0.15%
CNX	B	0.14%
NOG	B	0.14%
RIG	F	0.14%
SLGN	B	0.14%
BTG	F	0.13%
LBRT	B	0.13%
NXE	B	0.13%
CRC	F	0.13%
PTEN	F	0.13%
WHD	B	0.12%
OR	D	0.11%
EGO	B	0.11%
KOS	D	0.1%
UEC	B	0.1%
HL	B	0.1%
MP	C	0.09%
OI	F	0.09%
BTU	F	0.09%
BTE	D	0.09%
CEIX	F	0.08%
VET	C	0.07%
AG	B	0.07%
GPOR	C	0.06%
GEF	D	0.06%
NFE	F	0.06%
WKC	D	0.05%
SSRM	D	0.04%
NG	C	0.03%
CVI	F	0.03%
CRK	C	0.03%
PTVE	C	0.02%

IGE Underweight 89 Positions Relative to SMHB

Symbol	Grade	Weight
SLG	B	-4.87%
XRX	F	-4.09%
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%
APAM	D	-2.02%
PAGP	B	-1.88%
UNIT	F	-1.86%
UWMC	C	-1.84%
ARR	C	-1.65%
NHI	A	-1.64%
ORC	B	-1.51%
CCOI	F	-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%
VGR	F	-0.79%
NWBI	C	-0.77%
GBDC	A	-0.73%
CODI	D	-0.72%
VNOM	C	-0.65%
SCS	D	-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%
AROC	B	-0.53%
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