MORT vs. SMHB ETF Comparison

Comparison of Market Vectors Mortgage REIT Income ETF (MORT) to ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB)

MORT

Market Vectors Mortgage REIT Income ETF

MORT Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market VectorsÂ® Global Mortgage REITs Index (the "Mortgage REITs Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Mortgage REITs Index is comprised of stocks of publicly traded U.S. mortgage REITs that derive at least 50% of their revenues (or, where applicable, have at least 50% of their assets) from mortgage-related activity. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$11.00

Average Daily Volume

286,036

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

$6.14

Average Daily Volume

38,012

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MORT	SMHB
30 Days	-0.81%	-1.01%
60 Days	2.36%	4.63%
90 Days	0.99%	4.70%
12 Months	17.12%	74.54%

13 Overlapping Holdings

Symbol	Grade	Weight in MORT	Weight in SMHB	Overlap
ABR	C	4.59%	2.21%	2.21%
ACRE	D	1.13%	0.64%	0.64%
ARI	F	3.37%	1.02%	1.02%
BRSP	F	2.02%	0.49%	0.49%
BXMT	F	4.6%	3.43%	3.43%
CIM	D	2.52%	2.62%	2.52%
DX	C	2.02%	0.89%	0.89%
EFC	C	2.65%	1.0%	1.0%
KREF	F	1.04%	0.8%	0.8%
LADR	A	3.61%	0.62%	0.62%
PMT	A	2.6%	1.35%	1.35%
RC	C	3.65%	0.65%	0.65%
RWT	D	1.83%	1.24%	1.24%

MORT Overweight 4 Positions Relative to SMHB

Symbol	Grade	Weight
AGNC	B	11.57%
STWD	C	9.71%
HASI	C	4.7%
CMTG	D	1.12%

MORT Underweight 78 Positions Relative to SMHB

Symbol	Grade	Weight
SLG	B	-4.87%
XRX	F	-4.09%
DTM	B	-3.81%
DSS	F	-2.87%
TWO	A	-2.87%
ETRN	A	-2.49%
BDN	B	-2.41%
BGS	B	-2.41%
SBRA	B	-2.38%
EPR	D	-2.34%
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%
MFA	B	-1.27%
CTRE	B	-1.16%
PETS	F	-1.13%
MAIN	A	-1.09%
HTGC	A	-1.03%
GNL	D	-1.01%
FCPT	C	-1.0%
PDM	B	-0.99%
GSBD	A	-0.94%
NEWT	D	-0.94%
NYMT	F	-0.93%
LTC	A	-0.91%
VGR	F	-0.79%
NWBI	C	-0.77%
GBDC	A	-0.73%
CODI	D	-0.72%
VNOM	C	-0.65%
SCS	D	-0.65%
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%
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