SMHB vs. KIE ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to SPDR S&P Insurance ETF (KIE)

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

$5.98

Average Daily Volume

38,196

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KIE

SPDR S&P Insurance ETF

KIE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies in the insurance industry. In seeking to track the performance of the S&P Insurance Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.71

Average Daily Volume

941,234

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	KIE
30 Days	-2.04%	-0.57%
60 Days	-1.49%	1.85%
90 Days	10.63%	7.03%
12 Months	55.17%	27.87%

0 Overlapping Holdings

	Symbol	Grade	Weight in SMHB	Weight in KIE	Overlap

SMHB Overweight 91 Positions Relative to KIE

Symbol	Grade	Weight
SLG	B	4.87%
XRX	F	4.09%
DTM	A	3.81%
BXMT	F	3.43%
DSS	F	2.87%
TWO	B	2.87%
CIM	D	2.62%
ETRN	B	2.49%
BDN	B	2.41%
BGS	B	2.41%
SBRA	A	2.38%
EPR	C	2.34%
ABR	C	2.21%
APAM	D	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	C	1.0%
PDM	B	0.99%
GSBD	A	0.94%
NEWT	D	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	C	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	B	0.38%
NMFC	B	0.38%
UHT	D	0.36%
GPMT	F	0.34%
CSWC	A	0.34%
GOOD	B	0.33%
FSP	F	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	B	0.2%
EBF	C	0.18%
GAIN	B	0.17%
PNNT	A	0.16%
OLP	A	0.16%
FDUS	B	0.16%
GLAD	A	0.15%
BFS	D	0.14%
TRIN	B	0.12%
CCAP	A	0.1%
REPX	F	0.07%

SMHB Underweight 49 Positions Relative to KIE

Symbol	Grade	Weight
OSCR	B	-2.57%
ACGL	A	-2.37%
ALL	B	-2.37%
PGR	A	-2.31%
ORI	A	-2.27%
RGA	A	-2.27%
AFL	A	-2.23%
UNM	B	-2.23%
LNC	C	-2.22%
AIG	A	-2.21%
L	A	-2.21%
KMPR	B	-2.2%
AEL	A	-2.19%
PRU	B	-2.19%
AXS	A	-2.19%
MET	C	-2.19%
CB	C	-2.18%
EG	C	-2.18%
CINF	D	-2.17%
AFG	D	-2.17%
HIG	C	-2.17%
FNF	B	-2.16%
PFG	C	-2.16%
MKL	A	-2.14%
RLI	A	-2.12%
SIGI	F	-2.12%
AIZ	D	-2.12%
MMC	C	-2.11%
TRV	D	-2.11%
BRO	C	-2.1%
RYAN	D	-2.09%
FAF	D	-2.07%
RNR	D	-2.05%
AJG	C	-2.05%
WTW	D	-2.02%
WRB	D	-2.0%
CNO	B	-1.99%
ERIE	C	-1.99%
AON	D	-1.94%
THG	A	-1.91%
PRI	D	-1.89%
BHF	B	-1.85%
AGO	D	-1.82%
GNW	B	-1.57%
KNSL	F	-1.56%
GL	F	-1.39%
WTM	B	-1.3%
ESGR	C	-1.3%
PLMR	A	-0.87%

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