SMHB vs. REIT ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to ALPS Active REIT ETF (REIT)

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

$5.96

Average Daily Volume

39,542

Number of Holdings ^*

* may have additional holdings in another (foreign) market

REIT

ALPS Active REIT ETF

REIT Description

The investment seeks total return through dividends and capital appreciation. The fund will, under normal circumstances, seek to achieve its investment objective by investing at least 80% of its net assets in publicly traded equity securities of REITs. It will primarily invest in publicly traded common equity securities of U.S. REITs. The fund may also invest a portion of its assets in publicly traded common equity of U.S. real estate operating companies (not structured as REITs), publicly traded preferred equity of U.S. REITs and real estate operating companies, and cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.07

Average Daily Volume

11,261

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	REIT
30 Days	-2.85%	0.00%
60 Days	-7.38%	-0.92%
90 Days	0.84%	2.40%
12 Months	17.62%	26.08%

1 Overlapping Holdings

	Symbol	Grade	Weight in SMHB	Weight in REIT	Overlap
	SBRA	C	2.38%	2.76%	2.38%

SMHB Overweight 89 Positions Relative to REIT

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

SMHB Underweight 26 Positions Relative to REIT

Symbol	Grade	Weight
EQIX	A	-9.18%
PLD	D	-7.23%
WELL	A	-5.07%
VICI	C	-4.82%
PSA	D	-4.78%
SPG	B	-4.5%
FR	C	-3.98%
DOC	D	-3.98%
INVH	D	-3.84%
EXR	D	-3.81%
O	D	-3.64%
DLR	B	-3.49%
EQR	B	-3.44%
UDR	B	-3.07%
CUZ	B	-3.05%
AVB	B	-3.01%
HST	C	-2.99%
EPRT	B	-2.69%
MAC	B	-2.65%
ELS	C	-2.48%
KRC	C	-2.27%
IVT	B	-2.23%
IRM	D	-2.04%
COLD	D	-1.75%
ADC	B	-1.5%
AMT	D	-1.01%

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