SMHB vs. CBSE ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to Changebridge Capital Sustainable Equity ETF (CBSE)

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

$6.13

Average Daily Volume

37,610

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CBSE

Changebridge Capital Sustainable Equity ETF

CBSE Description

The investment seeks capital appreciation and lower volatility than the broader market. The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing securities Changebridge Capital, LLC, the fund's investment adviser, believes to have above-average financial characteristics and growth potential that exhibit positive ESG attributes. Under normal circumstances, it will invest at least 80% of its net assets, plus borrowings for investment purposes, in equity securities, including common stocks and depositary receipts, of sustainable companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.74

Average Daily Volume

657

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	CBSE
30 Days	-0.53%	-2.88%
60 Days	5.68%	0.94%
90 Days	0.92%	8.85%
12 Months	41.77%	14.56%

0 Overlapping Holdings

	Symbol	Grade	Weight in SMHB	Weight in CBSE	Overlap

SMHB Overweight 91 Positions Relative to CBSE

Symbol	Grade	Weight
SLG	A	4.87%
XRX	F	4.09%
DTM	A	3.81%
BXMT	D	3.43%
DSS	F	2.87%
TWO	B	2.87%
CIM	D	2.62%
ETRN	A	2.49%
BDN	A	2.41%
BGS	A	2.41%
SBRA	C	2.38%
EPR	D	2.34%
ABR	C	2.21%
APAM	C	2.02%
PAGP	A	1.88%
UNIT	B	1.86%
UWMC	C	1.84%
ARR	C	1.65%
NHI	A	1.64%
ORC	B	1.51%
CCOI	D	1.51%
PSEC	C	1.47%
IVR	C	1.43%
DEA	C	1.35%
PMT	B	1.35%
MFA	C	1.27%
RWT	D	1.24%
CTRE	A	1.16%
PETS	F	1.13%
MAIN	A	1.09%
HTGC	A	1.03%
ARI	B	1.02%
GNL	D	1.01%
FCPT	B	1.0%
EFC	C	1.0%
PDM	A	0.99%
GSBD	A	0.94%
NEWT	D	0.94%
NYMT	C	0.93%
LTC	B	0.91%
DX	C	0.89%
KREF	B	0.8%
VGR	D	0.79%
NWBI	D	0.77%
GBDC	A	0.73%
CODI	B	0.72%
VNOM	A	0.65%
SCS	C	0.65%
RC	C	0.65%
ACRE	D	0.64%
LADR	B	0.62%
TSLX	B	0.62%
HESM	A	0.59%
UVV	A	0.54%
OCSL	A	0.54%
AROC	A	0.53%
GMRE	D	0.5%
ILPT	C	0.49%
BRSP	C	0.49%
WSR	C	0.46%
ALX	C	0.45%
GTY	B	0.44%
OPI	F	0.4%
RMR	F	0.38%
NMFC	B	0.38%
UHT	D	0.36%
GPMT	D	0.34%
CSWC	A	0.34%
GOOD	A	0.33%
FSP	D	0.29%
TRTX	A	0.29%
TCPC	D	0.27%
AHH	C	0.27%
CGBD	A	0.25%
BCSF	A	0.24%
TPVG	D	0.23%
PFLT	A	0.23%
SLRC	A	0.23%
UVE	A	0.22%
BBDC	A	0.22%
KRO	B	0.2%
EBF	D	0.18%
GAIN	A	0.17%
PNNT	A	0.16%
OLP	A	0.16%
FDUS	A	0.16%
GLAD	A	0.15%
BFS	C	0.14%
TRIN	A	0.12%
CCAP	A	0.1%
REPX	B	0.07%

SMHB Underweight 34 Positions Relative to CBSE

Symbol	Grade	Weight
AAPL	F	-3.08%
ASML	D	-3.05%
LRCX	D	-3.03%
MSFT	D	-2.98%
MU	B	-2.97%
AVGO	D	-2.96%
STRL	C	-2.92%
TCOM	A	-2.88%
SKY	C	-2.75%
DKNG	D	-2.75%
HUMA	B	-2.66%
EG	D	-2.66%
ECL	D	-2.63%
TMDX	A	-2.57%
ICFI	C	-2.56%
SN	A	-2.53%
IBN	A	-2.51%
PANW	C	-2.48%
FCX	B	-2.47%
CHK	A	-2.46%
TDG	A	-2.44%
BLBD	A	-2.35%
NARI	F	-2.32%
NU	D	-2.25%
FTI	A	-2.23%
NOC	B	-2.18%
NFE	F	-2.06%
WTTR	A	-1.97%
GTLS	A	-1.94%
RTX	A	-1.93%
ERJ	B	-1.88%
HLX	A	-1.81%
MMYT	A	-1.78%
RIG	B	-1.75%

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