INKM vs. CEFD ETF Comparison

Comparison of SPDR SSgA Income Allocation ETF (INKM) to ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD)
INKM

SPDR SSgA Income Allocation ETF

INKM Description

The investment seeks to provide total return by focusing on investments in income and yield-generating assets. The fund invests substantially all of its assets in the SSgA Income Allocation Portfolio, a separate series of the SSgA Master Trust with an identical investment objective as the fund. As a result, the fund invests indirectly through the Portfolio. It invests the assets of the Portfolio among ETPs that provide exposure to four primary asset classes: (i) domestic and international equity securities; (ii) domestic and international investment grade and high yield debt securities; (iii) hybrid equity/debt securities; and (iv) REITs.

Grade (RS Rating)

Last Trade

$32.50

Average Daily Volume

19,104

Number of Holdings *

14

* may have additional holdings in another (foreign) market
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

$20.22

Average Daily Volume

1,947

Number of Holdings *

99

* may have additional holdings in another (foreign) market
Performance
Period INKM CEFD
30 Days 0.63% 1.25%
60 Days -0.86% 1.17%
90 Days 1.01% 4.45%
12 Months 15.10% 29.61%
0 Overlapping Holdings
Symbol Grade Weight in INKM Weight in CEFD Overlap
INKM Overweight 14 Positions Relative to CEFD
Symbol Grade Weight
SPYD A 9.0%
SCHD A 8.94%
GII A 8.06%
BIL A 7.05%
EBND F 6.04%
SRLN A 6.04%
EMHC C 5.97%
PSK D 5.95%
CWB A 3.99%
TIPX C 3.02%
IBND F 2.99%
RWR B 1.99%
REM C 1.97%
DWX D 1.5%
INKM Underweight 99 Positions Relative to CEFD
Symbol Grade Weight
EVV C -2.63%
BDJ C -2.39%
HYT A -2.19%
BTZ C -2.16%
NXDT D -1.9%
AWF C -1.83%
DSL B -1.77%
JQC A -1.66%
BXMX A -1.65%
EMD C -1.5%
WIW D -1.37%
BHK D -1.3%
QQQX B -1.26%
BOE B -1.23%
BCX C -1.2%
HIO B -1.19%
JPC A -1.18%
RA B -1.17%
GHY A -1.16%
BGY B -1.09%
CII B -1.07%
HIX B -1.01%
BIT D -1.01%
EOS A -1.0%
IGD A -0.98%
EFT A -0.95%
HTD A -0.94%
BST B -0.92%
BLW B -0.92%
EAD C -0.9%
ISD C -0.88%
LDP D -0.84%
FFC D -0.83%
EFR A -0.82%
FRA B -0.82%
TEI D -0.75%
PHK B -0.75%
EOI A -0.73%
MIN D -0.71%
EHI C -0.71%
NBB D -0.71%
MCR C -0.7%
PDT C -0.69%
DIAX A -0.69%
PPT C -0.67%
WIA C -0.66%
MMT C -0.64%
GOF A -0.64%
JPI D -0.63%
BKT D -0.62%
PFN B -0.59%
JGH A -0.59%
FCT A -0.58%
ERC C -0.57%
HPS D -0.55%
HYI B -0.55%
DFP D -0.55%
BME D -0.54%
BGT B -0.49%
HPI D -0.47%
PHD A -0.44%
BGH B -0.44%
FTF B -0.43%
GBAB F -0.42%
HYB A -0.39%
EVG C -0.38%
IDE C -0.38%
DHF A -0.38%
PHT B -0.38%
TSI D -0.37%
ETB A -0.37%
FT A -0.37%
STK A -0.37%
DHY A -0.36%
HPF D -0.36%
MSD C -0.34%
INSI D -0.34%
FFA A -0.32%
DBL C -0.31%
GDO F -0.31%
PSF D -0.31%
VBF D -0.3%
BGR A -0.3%
PIM C -0.3%
PFL C -0.29%
IGA A -0.29%
OPP C -0.29%
SPXX A -0.27%
FLC D -0.24%
MCN C -0.24%
CIK C -0.24%
WEA B -0.22%
FAM B -0.21%
VLT B -0.19%
MGF D -0.19%
VGI C -0.18%
HEQ B -0.18%
GNT C -0.14%
JLS C -0.14%
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