SMHB vs. FCLD ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to Fidelity Cloud Computing ETF (FCLD)

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

$6.36

Average Daily Volume

40,276

Number of Holdings ^*

91

* may have additional holdings in another (foreign) market

FCLD

Fidelity Cloud Computing ETF

FCLD Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Cloud Computing Index. Normally investing at least 80% of assets in securities included in the Fidelity Cloud Computing Index and in depositary receipts representing securities included in the index. The Fidelity Cloud Computing Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that provide products or services enabling the increased adoption of cloud computing, characterized by the delivery of computing services over the internet

Grade (RS Rating)

Last Trade

$24.67

Average Daily Volume

23,449

Number of Holdings ^*

45

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	FCLD
30 Days	16.18%	4.80%
60 Days	10.12%	-1.00%
90 Days	11.49%	1.84%
12 Months	64.88%	40.31%

1 Overlapping Holdings

	Symbol	Grade	Weight in SMHB	Weight in FCLD	Overlap
	XRX	F	4.09%	1.9%	1.9%

SMHB Overweight 90 Positions Relative to FCLD

	Symbol	Grade	Weight
	SLG	B	4.87%
	DTM	A	3.81%
	BXMT	D	3.43%
	DSS	F	2.87%
	TWO	B	2.87%
	CIM	F	2.62%
	ETRN	B	2.49%
	BDN	B	2.41%
	BGS	B	2.41%
	SBRA	A	2.38%
	EPR	C	2.34%
	ABR	B	2.21%
	APAM	C	2.02%
	PAGP	B	1.88%
	UNIT	F	1.86%
	UWMC	B	1.84%
	ARR	C	1.65%
	NHI	A	1.64%
	ORC	B	1.51%
	CCOI	F	1.51%
	PSEC	F	1.47%
	IVR	B	1.43%
	DEA	B	1.35%
	PMT	B	1.35%
	MFA	D	1.27%
	RWT	C	1.24%
	CTRE	B	1.16%
	PETS	F	1.13%
	MAIN	A	1.09%
	HTGC	A	1.03%
	ARI	F	1.02%
	GNL	D	1.01%
	FCPT	B	1.0%
	EFC	B	1.0%
	PDM	B	0.99%
	GSBD	A	0.94%
	NEWT	C	0.94%
	NYMT	F	0.93%
	LTC	A	0.91%
	DX	C	0.89%
	KREF	F	0.8%
	VGR	D	0.79%
	NWBI	C	0.77%
	GBDC	B	0.73%
	CODI	D	0.72%
	VNOM	C	0.65%
	SCS	C	0.65%
	RC	D	0.65%
	ACRE	F	0.64%
	LADR	B	0.62%
	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	B	0.49%
	BRSP	F	0.49%
	WSR	C	0.46%
	ALX	B	0.45%
	GTY	B	0.44%
	OPI	C	0.4%
	RMR	D	0.38%
	NMFC	B	0.38%
	UHT	C	0.36%
	GPMT	F	0.34%
	CSWC	A	0.34%
	GOOD	A	0.33%
	FSP	D	0.29%
	TRTX	A	0.29%
	TCPC	C	0.27%
	AHH	B	0.27%
	CGBD	A	0.25%
	BCSF	B	0.24%
	TPVG	F	0.23%
	PFLT	B	0.23%
	SLRC	A	0.23%
	UVE	B	0.22%
	BBDC	B	0.22%
	KRO	A	0.2%
	EBF	B	0.18%
	GAIN	B	0.17%
	PNNT	A	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 Underweight 44 Positions Relative to FCLD

	Symbol	Grade	Weight
	ORCL	D	-4.98%
	MSFT	C	-4.9%
	INTU	D	-4.59%
	CRM	D	-4.4%
	NOW	D	-4.35%
	EQIX	F	-3.25%
	DLR	D	-2.94%
	SNOW	F	-2.86%
	WDAY	F	-2.81%
	NTAP	B	-2.73%
	WDC	B	-2.72%
	SMCI	D	-2.63%
	DDOG	D	-2.61%
	HPE	D	-2.61%
	HUBS	D	-2.59%
	MSTR	D	-2.43%
	TEAM	F	-2.38%
	STX	C	-2.24%
	NTNX	A	-2.2%
	PSTG	C	-2.18%
	MDB	F	-2.17%
	ZM	F	-1.99%
	TWLO	D	-1.96%
	DT	F	-1.8%
	DAY	F	-1.67%
	DBX	F	-1.55%
	CVLT	A	-1.55%
	ESTC	B	-1.51%
	PATH	D	-1.51%
	CFLT	C	-1.47%
	BOX	F	-1.36%
	RNG	C	-1.32%
	FIVN	F	-1.23%
	TDC	F	-1.19%
	GTLB	F	-1.16%
	PEGA	D	-1.14%
	VRNT	B	-1.06%
	DOCN	D	-1.05%
	FROG	D	-0.99%
	VERX	D	-0.92%
	AI	F	-0.87%
	INFA	D	-0.83%
	SWI	B	-0.7%
	FSLY	F	-0.62%

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

Keywords: Real Estate Investment Trust Private Equity Mortgage Loan Structured Finance Business Development Mortgage Backed Security Loan Mezzanine Capital Debt Real Estate Properties Residential Mortgage Backed Security Senior Debt Venture Capital Credit Real Estate Finance Real Estate Mortgage Investment Conduit Refinancing Subordinated Debt Banking Business Development Company

FCLD: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Data Storage Information Technology Services Communication Equipment Computer Hardware REIT - Diversified REIT - Office Telecom Services

Keywords: Computing Cloud Computing S&P 500 Cloud Infrastructure Software As A Service Work From Home Information Technology Management Software Business Intelligence Nasdaq 100 CRM Systems Integrator Artificial Intelligence Customer Relationship Management Data Management Telecommunications Banking Cloud Applications Cloud Storage Computer Data Storage