SMHB vs. FDM ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to First Trust DJ Select MicroCap ETF (FDM)

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

$5.68

Average Daily Volume

32,383

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDM

First Trust DJ Select MicroCap ETF

FDM Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.

Grade (RS Rating)

Last Trade

$64.02

Average Daily Volume

11,622

Number of Holdings ^*

131

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	FDM
30 Days	-6.71%	0.62%
60 Days	-0.25%	4.06%
90 Days	3.93%	6.90%
12 Months	14.64%	20.02%

4 Overlapping Holdings

Symbol	Grade	Weight in SMHB	Weight in FDM	Overlap
NEWT	B	0.94%	0.6%	0.6%
REPX	D	0.07%	0.46%	0.07%
RMR	D	0.38%	0.7%	0.38%
UVE	D	0.22%	0.96%	0.22%

SMHB Overweight 86 Positions Relative to FDM

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

SMHB Underweight 127 Positions Relative to FDM

Symbol	Grade	Weight
LEU	B	-2.74%
BJRI	C	-1.6%
TPB	A	-1.53%
LMB	C	-1.49%
GLDD	B	-1.43%
MLR	A	-1.43%
HAYN	A	-1.42%
ASIX	B	-1.41%
VMEO	C	-1.41%
PTLO	A	-1.38%
ASTE	C	-1.37%
CPF	C	-1.34%
SPTN	C	-1.32%
IBCP	D	-1.3%
RGR	F	-1.27%
ETD	F	-1.23%
KELYA	D	-1.22%
WLDN	B	-1.15%
HCKT	D	-1.14%
EZPW	B	-1.12%
NBN	A	-1.11%
SWBI	C	-1.09%
SMBC	B	-1.06%
EGY	F	-1.03%
WLFC	B	-1.0%
MCB	C	-1.0%
PLOW	F	-0.99%
IMXI	F	-0.99%
DAKT	A	-0.97%
MPB	B	-0.93%
SNCY	A	-0.92%
ARKO	C	-0.9%
CCBG	B	-0.89%
LQDT	C	-0.89%
KE	C	-0.84%
FC	C	-0.83%
SHBI	B	-0.82%
NWPX	A	-0.82%
ESQ	A	-0.81%
MOFG	C	-0.8%
LXU	B	-0.8%
ANET	A	-0.8%
DHIL	D	-0.79%
LYTS	A	-0.79%
TTI	C	-0.79%
TIPT	A	-0.78%
AROW	B	-0.78%
CMPO	B	-0.78%
CSV	A	-0.77%
EE	B	-0.75%
TRDA	A	-0.74%
WRLD	F	-0.72%
CCSI	B	-0.72%
LINC	A	-0.72%
USAP	A	-0.71%
FISI	D	-0.7%
NPK	F	-0.7%
CCRN	F	-0.69%
NRIM	D	-0.68%
BSRR	D	-0.68%
KODK	F	-0.66%
SD	F	-0.66%
CWCO	F	-0.66%
PLPC	C	-0.66%
ODC	A	-0.65%
NECB	B	-0.65%
TCMD	A	-0.65%
OPY	A	-0.64%
ITIC	B	-0.64%
GLRE	C	-0.64%
LGTY	B	-0.63%
FMAO	A	-0.63%
CRCT	B	-0.62%
HNRG	B	-0.61%
CENT	D	-0.6%
HVT	F	-0.59%
ARTNA	F	-0.58%
DCGO	D	-0.57%
LOCO	D	-0.56%
MOV	D	-0.56%
ACIC	A	-0.55%
VPG	F	-0.54%
LEGH	D	-0.53%
NGVC	B	-0.53%
INBK	C	-0.53%
SIGA	F	-0.53%
SENEA	A	-0.52%
RM	C	-0.5%
AMPY	D	-0.46%
JRVR	F	-0.44%
PKOH	D	-0.44%
AVNW	F	-0.43%
HRTG	D	-0.43%
MCFT	D	-0.42%
MITT	D	-0.4%
TASK	C	-0.39%
RCKY	F	-0.38%
FLXS	B	-0.38%
FSTR	F	-0.37%
LSEA	C	-0.36%
PWOD	A	-0.36%
NGS	C	-0.35%
EML	C	-0.34%
KRT	A	-0.34%
VLGEA	D	-0.34%
HBB	F	-0.34%
JILL	F	-0.33%
REI	F	-0.32%
ACTG	F	-0.32%
SGC	C	-0.32%
EARN	D	-0.31%
NATR	D	-0.29%
FF	B	-0.29%
TAYD	F	-0.28%
LAKE	F	-0.25%
BBCP	F	-0.25%
LWAY	B	-0.25%
ACU	F	-0.24%
VIRC	C	-0.24%
PEBK	F	-0.23%
ESOA	A	-0.23%
TWIN	D	-0.23%
BTMD	D	-0.21%
FEIM	C	-0.2%
INTT	C	-0.17%
CSPI	F	-0.14%
KEQU	D	-0.12%

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