KIE vs. SMHB ETF Comparison

Comparison of SPDR S&P Insurance ETF (KIE) to ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB)

KIE

SPDR S&P Insurance ETF

KIE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies in the insurance industry. In seeking to track the performance of the S&P Insurance Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.16

Average Daily Volume

953,006

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

$5.55

Average Daily Volume

47,321

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KIE	SMHB
30 Days	-0.93%	-6.13%
60 Days	3.73%	-8.26%
90 Days	-3.14%	-10.78%
12 Months	28.21%	20.05%

0 Overlapping Holdings

	Symbol	Grade	Weight in KIE	Weight in SMHB	Overlap

KIE Overweight 48 Positions Relative to SMHB

Symbol	Grade	Weight
OSCR	D	2.86%
LNC	B	2.52%
AXS	B	2.52%
ACGL	A	2.51%
RGA	B	2.47%
AFL	A	2.36%
BRO	B	2.36%
HIG	A	2.31%
PGR	C	2.31%
CB	B	2.3%
ORI	C	2.28%
AJG	B	2.27%
MKL	C	2.27%
PRU	A	2.27%
MMC	B	2.26%
EG	B	2.23%
KMPR	D	2.23%
L	C	2.22%
ALL	C	2.22%
AIG	C	2.17%
RYAN	B	2.16%
MET	C	2.15%
AFG	D	2.14%
RNR	B	2.13%
PFG	C	2.13%
UNM	C	2.13%
FNF	D	2.12%
RLI	D	2.11%
CINF	C	2.11%
PRI	B	2.08%
TRV	D	2.08%
WRB	B	2.07%
FAF	D	2.07%
AON	C	2.05%
AIZ	D	2.05%
CNO	C	2.03%
WTW	B	2.03%
SIGI	F	1.92%
ERIE	C	1.87%
AGO	C	1.84%
THG	D	1.77%
KNSL	F	1.63%
BHF	D	1.6%
GNW	D	1.56%
GL	C	1.42%
ESGR	B	1.4%
WTM	B	1.3%
PLMR	D	0.89%

KIE Underweight 91 Positions Relative to SMHB

Symbol	Grade	Weight
SLG	B	-4.87%
XRX	F	-4.09%
DTM	A	-3.81%
BXMT	C	-3.43%
DSS	F	-2.87%
TWO	B	-2.87%
CIM	C	-2.62%
ETRN	C	-2.49%
BDN	D	-2.41%
BGS	F	-2.41%
SBRA	A	-2.38%
EPR	C	-2.34%
ABR	B	-2.21%
APAM	C	-2.02%
PAGP	C	-1.88%
UNIT	F	-1.86%
UWMC	C	-1.84%
ARR	B	-1.65%
NHI	B	-1.64%
ORC	C	-1.51%
CCOI	F	-1.51%
PSEC	B	-1.47%
IVR	B	-1.43%
DEA	B	-1.35%
PMT	D	-1.35%
MFA	B	-1.27%
RWT	B	-1.24%
CTRE	C	-1.16%
PETS	D	-1.13%
MAIN	A	-1.09%
HTGC	A	-1.03%
ARI	D	-1.02%
GNL	F	-1.01%
FCPT	B	-1.0%
EFC	B	-1.0%
PDM	B	-0.99%
GSBD	A	-0.94%
NEWT	D	-0.94%
NYMT	D	-0.93%
LTC	B	-0.91%
DX	C	-0.89%
KREF	D	-0.8%
VGR	B	-0.79%
NWBI	C	-0.77%
GBDC	D	-0.73%
CODI	D	-0.72%
VNOM	C	-0.65%
SCS	C	-0.65%
RC	D	-0.65%
ACRE	C	-0.64%
LADR	B	-0.62%
TSLX	B	-0.62%
HESM	A	-0.59%
UVV	D	-0.54%
OCSL	D	-0.54%
AROC	C	-0.53%
GMRE	C	-0.5%
ILPT	F	-0.49%
BRSP	D	-0.49%
WSR	B	-0.46%
ALX	B	-0.45%
GTY	D	-0.44%
OPI	C	-0.4%
RMR	D	-0.38%
NMFC	D	-0.38%
UHT	C	-0.36%
GPMT	F	-0.34%
CSWC	B	-0.34%
GOOD	C	-0.33%
FSP	F	-0.29%
TRTX	B	-0.29%
TCPC	B	-0.27%
AHH	C	-0.27%
CGBD	A	-0.25%
BCSF	A	-0.24%
TPVG	F	-0.23%
PFLT	B	-0.23%
SLRC	B	-0.23%
UVE	C	-0.22%
BBDC	B	-0.22%
KRO	C	-0.2%
EBF	B	-0.18%
GAIN	C	-0.17%
PNNT	B	-0.16%
OLP	B	-0.16%
FDUS	C	-0.16%
GLAD	A	-0.15%
BFS	D	-0.14%
TRIN	C	-0.12%
CCAP	A	-0.1%
REPX	B	-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