SMHB vs. PKW ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to PowerShares Buyback Achievers (PKW)

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

37,351

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PKW

PowerShares Buyback Achievers

PKW Description

The PowerShares Buyback AchieversTM Portfolio (Fund) is based on the NASDAQ US Buyback AchieversTM 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 track the performance of companies that meet the requirements to be classified as BuyBack Achievers™. To become eligible for inclusion in the Index, a company must be incorporated in the U.S., trade on a US exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc. replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Share Buyback Achievers Index to NASDAQ Buyback Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$102.23

Average Daily Volume

20,895

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	PKW
30 Days	-3.52%	-3.59%
60 Days	-1.03%	1.18%
90 Days	-3.85%	3.26%
12 Months	27.33%	19.61%

1 Overlapping Holdings

	Symbol	Grade	Weight in SMHB	Weight in PKW	Overlap
	XRX	D	4.09%	0.07%	0.07%

SMHB Overweight 90 Positions Relative to PKW

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

SMHB Underweight 196 Positions Relative to PKW

Symbol	Grade	Weight
TMUS	B	-4.75%
BKNG	C	-4.49%
JNJ	F	-4.48%
CMCSA	D	-4.28%
LMT	A	-4.15%
DE	A	-4.08%
HCA	B	-3.19%
MPC	A	-2.9%
MAR	B	-2.7%
PSX	B	-2.61%
CSX	C	-2.57%
MCK	B	-2.57%
PYPL	B	-2.53%
ORLY	A	-2.34%
VLO	A	-2.15%
HLT	B	-1.94%
MET	B	-1.9%
AIG	B	-1.89%
AZO	B	-1.85%
AFL	C	-1.73%
CNC	C	-1.44%
VRSK	D	-1.19%
DD	A	-1.17%
DFS	A	-1.12%
HIG	B	-1.08%
CAH	C	-0.97%
VST	A	-0.9%
PHM	B	-0.87%
STT	B	-0.85%
BLDR	C	-0.84%
STLD	A	-0.84%
APP	A	-0.7%
CSL	A	-0.67%
TXT	A	-0.67%
EXPD	D	-0.63%
GDDY	A	-0.63%
EXPE	D	-0.63%
SYF	C	-0.62%
MRO	A	-0.62%
L	C	-0.61%
CFG	B	-0.57%
MGM	D	-0.54%
WMS	B	-0.47%
EQH	A	-0.45%
TOL	B	-0.45%
DINO	B	-0.44%
BRKR	D	-0.44%
PAG	D	-0.37%
THC	B	-0.37%
CNM	A	-0.36%
JEF	C	-0.35%
MUSA	A	-0.33%
MTN	C	-0.32%
EXP	B	-0.32%
ORI	B	-0.3%
CACI	C	-0.3%
PRI	D	-0.28%
FOXA	B	-0.28%
WSC	D	-0.28%
HRB	C	-0.25%
ARW	B	-0.25%
TNET	A	-0.24%
AN	A	-0.24%
BERY	D	-0.24%
ATKR	A	-0.24%
OLN	B	-0.24%
BYD	C	-0.23%
PVH	D	-0.23%
SM	A	-0.22%
BC	D	-0.22%
WH	D	-0.22%
NSIT	C	-0.22%
CHH	C	-0.22%
NXST	C	-0.2%
MTG	C	-0.2%
AMG	B	-0.2%
VVV	C	-0.2%
KBH	C	-0.19%
R	B	-0.19%
ASH	A	-0.18%
DDS	C	-0.18%
COOP	A	-0.18%
ASGN	C	-0.17%
CPRI	F	-0.17%
RH	F	-0.17%
WIRE	A	-0.17%
WU	C	-0.17%
SLM	A	-0.17%
EEFT	C	-0.17%
HGV	C	-0.17%
HUN	D	-0.16%
AMR	C	-0.16%
ABG	D	-0.16%
ASO	D	-0.16%
GOLF	C	-0.15%
CAR	F	-0.15%
HP	A	-0.15%
GPI	C	-0.14%
LBRT	A	-0.14%
CRC	B	-0.14%
CNX	A	-0.14%
MATX	C	-0.14%
DXC	F	-0.14%
VAC	A	-0.13%
GFF	C	-0.13%
PK	B	-0.13%
TNL	B	-0.12%
FBP	C	-0.11%
DOCN	F	-0.11%
AZTA	D	-0.11%
BTU	C	-0.11%
NSA	B	-0.11%
BHF	C	-0.11%
SEB	F	-0.11%
CVCO	C	-0.11%
CEIX	B	-0.1%
TGNA	F	-0.1%
GNW	D	-0.1%
SKYW	A	-0.1%
SPB	C	-0.1%
SLVM	B	-0.09%
IDCC	D	-0.09%
IART	F	-0.09%
CARG	C	-0.08%
HTZ	F	-0.08%
DEI	B	-0.08%
AMN	F	-0.08%
PLAY	D	-0.08%
ENVA	C	-0.07%
PEB	D	-0.07%
ATGE	D	-0.07%
VIRT	A	-0.07%
ODP	D	-0.07%
NAVI	D	-0.07%
DK	A	-0.07%
FUN	D	-0.07%
PZZA	F	-0.07%
XHR	B	-0.06%
GBX	A	-0.06%
HURN	D	-0.06%
CASH	D	-0.05%
CSGS	D	-0.05%
PRG	D	-0.05%
CNNE	D	-0.05%
JBGS	D	-0.05%
SCHL	D	-0.04%
SAH	D	-0.04%
EIG	C	-0.04%
RYI	D	-0.04%
ECVT	D	-0.04%
JACK	F	-0.04%
LILAK	B	-0.04%
CGEM	B	-0.03%
KELYA	B	-0.03%
IMXI	A	-0.03%
SNCY	C	-0.03%
CHGG	F	-0.03%
ZIP	F	-0.03%
ATSG	F	-0.03%
SBSI	D	-0.03%
HIBB	C	-0.03%
DXPE	A	-0.03%
INVA	C	-0.03%
DBI	F	-0.02%
HONE	D	-0.02%
OSG	C	-0.02%
LSEA	D	-0.02%
DENN	F	-0.02%
SKIN	D	-0.02%
TBPH	B	-0.02%
FPI	D	-0.02%
LQDT	D	-0.02%
ANAB	D	-0.02%
LPRO	F	-0.02%
LXU	B	-0.02%
HCKT	D	-0.02%
CCRN	F	-0.02%
EGBN	F	-0.02%
NR	A	-0.02%
PRA	B	-0.02%
STGW	F	-0.02%
MX	F	-0.01%
TASK	D	-0.01%
NECB	D	-0.01%
WSBF	D	-0.01%
RLGT	F	-0.01%
SOI	B	-0.01%
LOCO	F	-0.01%
ONTF	D	-0.01%
GCO	F	-0.01%
LWAY	A	-0.01%
SENEA	A	-0.01%
MBI	D	-0.01%
NFBK	F	-0.01%
OPY	D	-0.01%
ZYXI	D	-0.01%

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