PSCF vs. SMHB ETF Comparison

Comparison of PowerShares S&P SmallCap Financials Portfolio (PSCF) to ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB)

PSCF

PowerShares S&P SmallCap Financials Portfolio

PSCF Description

The PowerShares S&P SmallCap Financials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Financials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US financial services companies. These companies are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$60.79

Average Daily Volume

3,470

Number of Holdings ^*

162

* 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

$5.73

Average Daily Volume

39,542

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSCF	SMHB
30 Days	9.08%	-2.85%
60 Days	8.95%	-7.38%
90 Days	11.04%	0.84%
12 Months	44.90%	17.62%

23 Overlapping Holdings

Symbol	Grade	Weight in PSCF	Weight in SMHB	Overlap
ABR	C	0.72%	2.21%	0.72%
AHH	D	0.19%	0.27%	0.19%
APAM	B	0.85%	2.02%	0.85%
ARI	C	0.3%	1.02%	0.3%
BDN	C	0.23%	2.41%	0.23%
BFS	C	0.12%	0.14%	0.12%
BXMT	C	0.81%	3.43%	0.81%
CTRE	D	1.33%	1.16%	1.16%
DEA	D	0.3%	1.35%	0.3%
EFC	C	0.28%	1.0%	0.28%
FCPT	C	0.68%	1.0%	0.68%
GNL	F	0.38%	1.01%	0.38%
GTY	B	0.41%	0.44%	0.41%
KREF	D	0.17%	0.8%	0.17%
LTC	B	0.43%	0.91%	0.43%
NWBI	B	0.49%	0.77%	0.49%
PMT	D	0.3%	1.35%	0.3%
RC	D	0.31%	0.65%	0.31%
RWT	D	0.24%	1.24%	0.24%
SLG	B	1.28%	4.87%	1.28%
UHT	D	0.14%	0.36%	0.14%
UNIT	B	0.36%	1.86%	0.36%
WSR	A	0.16%	0.46%	0.16%

PSCF Overweight 139 Positions Relative to SMHB

Symbol	Grade	Weight
CMA	A	2.39%
JXN	C	1.98%
COOP	B	1.62%
LNC	B	1.58%
EPRT	B	1.51%
PIPR	B	1.39%
MC	C	1.37%
RDN	C	1.36%
PECO	A	1.25%
SFBS	B	1.24%
AGO	B	1.18%
ABCB	B	1.18%
AX	A	1.14%
MAC	B	1.09%
STEP	B	1.07%
BGC	C	1.03%
UCB	A	1.02%
SKT	B	1.02%
AUB	B	1.0%
FULT	A	1.0%
CATY	B	0.98%
PJT	A	0.98%
CBU	B	0.95%
APLE	B	0.91%
FHB	A	0.91%
WD	D	0.9%
FBP	B	0.89%
WSFS	A	0.89%
HIW	D	0.88%
HASI	D	0.83%
CWK	B	0.83%
GNW	A	0.83%
SFNC	B	0.8%
DEI	B	0.8%
INDB	B	0.8%
BOH	B	0.8%
BKU	A	0.79%
CVBF	A	0.78%
NMIH	D	0.78%
WAFD	B	0.78%
IIPR	D	0.76%
BFH	B	0.76%
VIRT	B	0.75%
GSHD	A	0.75%
FFBC	A	0.73%
UE	C	0.73%
PFS	B	0.73%
PRK	B	0.73%
SNEX	B	0.72%
TBBK	B	0.71%
CNS	B	0.71%
LXP	D	0.71%
PLMR	B	0.71%
PPBI	B	0.7%
PAYO	A	0.69%
ENVA	B	0.69%
MPW	F	0.68%
AKR	B	0.68%
BANR	B	0.66%
SBCF	A	0.65%
OUT	A	0.64%
BANF	B	0.63%
RNST	B	0.62%
NBTB	B	0.61%
TRMK	B	0.61%
IBTX	B	0.6%
ROIC	A	0.58%
EVTC	B	0.58%
BANC	A	0.58%
TFIN	A	0.57%
NATL	B	0.56%
SHO	C	0.54%
PRG	C	0.53%
STC	B	0.53%
OFG	B	0.53%
CASH	A	0.52%
FBK	B	0.51%
MCY	A	0.51%
JOE	F	0.5%
CHCO	B	0.5%
FCF	A	0.5%
LKFN	B	0.49%
FBNC	A	0.49%
DRH	B	0.48%
NBHC	B	0.48%
TRUP	B	0.46%
HMN	B	0.44%
HOPE	B	0.43%
VBTX	B	0.42%
DFIN	D	0.42%
CUBI	C	0.42%
STBA	B	0.42%
VRTS	B	0.41%
WABC	B	0.4%
HTH	B	0.39%
PEB	D	0.39%
XHR	B	0.39%
SPNT	A	0.38%
VRE	B	0.38%
ALEX	C	0.37%
ELME	D	0.37%
WT	B	0.36%
JBGS	D	0.35%
BHLB	B	0.34%
EIG	B	0.34%
SAFT	C	0.33%
KW	B	0.33%
AAT	B	0.33%
NAVI	C	0.31%
DCOM	A	0.31%
PFBC	B	0.3%
ECPG	B	0.3%
BRKL	B	0.29%
CSR	B	0.29%
AMSF	B	0.29%
EXPI	C	0.29%
SBSI	B	0.27%
FBRT	C	0.27%
NXRT	B	0.26%
HCI	C	0.25%
TMP	B	0.25%
MMI	B	0.25%
HFWA	B	0.24%
PRAA	C	0.24%
PRA	C	0.23%
EGBN	B	0.23%
CFFN	B	0.22%
CPF	A	0.22%
BSIG	A	0.21%
HAFC	A	0.2%
INN	D	0.18%
TRST	A	0.18%
GDOT	D	0.16%
EZPW	A	0.16%
AMBC	C	0.15%
HPP	F	0.14%
UFCS	B	0.14%
SVC	F	0.12%
WRLD	C	0.1%

PSCF Underweight 67 Positions Relative to SMHB

Symbol	Grade	Weight
XRX	F	-4.09%
DTM	B	-3.81%
DSS	F	-2.87%
TWO	D	-2.87%
CIM	D	-2.62%
BGS	F	-2.41%
SBRA	C	-2.38%
EPR	D	-2.34%
PAGP	A	-1.88%
UWMC	D	-1.84%
ARR	D	-1.65%
NHI	D	-1.64%
ORC	B	-1.51%
CCOI	B	-1.51%
PSEC	D	-1.47%
IVR	F	-1.43%
MFA	D	-1.27%
PETS	C	-1.13%
MAIN	A	-1.09%
HTGC	D	-1.03%
PDM	D	-0.99%
GSBD	F	-0.94%
NEWT	B	-0.94%
NYMT	C	-0.93%
DX	B	-0.89%
VGR	D	-0.79%
GBDC	C	-0.73%
CODI	B	-0.72%
VNOM	A	-0.65%
SCS	C	-0.65%
ACRE	C	-0.64%
LADR	B	-0.62%
TSLX	C	-0.62%
HESM	B	-0.59%
UVV	B	-0.54%
OCSL	F	-0.54%
AROC	B	-0.53%
GMRE	F	-0.5%
ILPT	D	-0.49%
BRSP	B	-0.49%
ALX	D	-0.45%
OPI	F	-0.4%
RMR	F	-0.38%
NMFC	D	-0.38%
GPMT	C	-0.34%
CSWC	D	-0.34%
GOOD	B	-0.33%
FSP	C	-0.29%
TRTX	B	-0.29%
TCPC	C	-0.27%
CGBD	D	-0.25%
BCSF	C	-0.24%
TPVG	C	-0.23%
PFLT	D	-0.23%
SLRC	A	-0.23%
UVE	B	-0.22%
BBDC	A	-0.22%
KRO	D	-0.2%
EBF	F	-0.18%
GAIN	C	-0.17%
PNNT	B	-0.16%
OLP	B	-0.16%
FDUS	A	-0.16%
GLAD	B	-0.15%
TRIN	A	-0.12%
CCAP	A	-0.1%
REPX	A	-0.07%

SMHB: Top Represented Industries & Keywords

Industries: Asset Management REIT - Diversified REIT - Office REIT - Healthcare Facilities REIT - Retail REIT - Residential Oil & Gas Midstream 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