SMHB vs. RNSC ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to First Trust Small Cap US Equity Select ETF (RNSC)

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

$6.24

Average Daily Volume

39,085

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RNSC

First Trust Small Cap US Equity Select ETF

RNSC Description

The Small Cap US Equity Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze Small Cap US Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$28.20

Average Daily Volume

9,867

Number of Holdings ^*

308

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	RNSC
30 Days	10.46%	2.06%
60 Days	4.29%	-0.15%
90 Days	13.76%	0.42%
12 Months	72.03%	13.06%

26 Overlapping Holdings

Symbol	Grade	Weight in SMHB	Weight in RNSC	Overlap
ABR	B	2.21%	0.19%	0.19%
ALX	B	0.45%	0.17%	0.17%
APAM	C	2.02%	0.17%	0.17%
ARI	F	1.02%	0.17%	0.17%
AROC	B	0.53%	0.37%	0.37%
CIM	F	2.62%	0.18%	0.18%
CODI	D	0.72%	0.17%	0.17%
CTRE	B	1.16%	0.18%	0.18%
DEA	B	1.35%	0.18%	0.18%
FCPT	B	1.0%	0.17%	0.17%
GBDC	B	0.73%	0.19%	0.19%
GNL	D	1.01%	0.15%	0.15%
GTY	B	0.44%	0.17%	0.17%
LADR	B	0.62%	0.19%	0.19%
LTC	A	0.91%	0.18%	0.18%
NHI	A	1.64%	0.17%	0.17%
NWBI	C	0.77%	0.18%	0.18%
PMT	B	1.35%	0.19%	0.19%
RC	D	0.65%	0.18%	0.18%
SBRA	A	2.38%	0.16%	0.16%
SCS	C	0.65%	0.32%	0.32%
SLG	B	4.87%	0.16%	0.16%
UNIT	F	1.86%	0.17%	0.17%
UVV	B	0.54%	0.17%	0.17%
VGR	D	0.79%	0.15%	0.15%
XRX	F	4.09%	0.95%	0.95%

SMHB Overweight 65 Positions Relative to RNSC

Symbol	Grade	Weight
DTM	A	3.81%
BXMT	D	3.43%
DSS	F	2.87%
TWO	B	2.87%
ETRN	B	2.49%
BDN	B	2.41%
BGS	B	2.41%
EPR	C	2.34%
PAGP	B	1.88%
UWMC	B	1.84%
ARR	C	1.65%
ORC	B	1.51%
CCOI	F	1.51%
PSEC	F	1.47%
IVR	B	1.43%
MFA	D	1.27%
RWT	C	1.24%
PETS	F	1.13%
MAIN	A	1.09%
HTGC	A	1.03%
EFC	B	1.0%
PDM	B	0.99%
GSBD	A	0.94%
NEWT	C	0.94%
NYMT	F	0.93%
DX	C	0.89%
KREF	F	0.8%
VNOM	C	0.65%
ACRE	F	0.64%
TSLX	B	0.62%
HESM	C	0.59%
OCSL	C	0.54%
GMRE	D	0.5%
ILPT	B	0.49%
BRSP	F	0.49%
WSR	C	0.46%
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 282 Positions Relative to RNSC

Symbol	Grade	Weight
LMAT	A	-2.86%
NHC	B	-2.81%
PINC	F	-2.73%
USPH	D	-2.61%
PDCO	D	-2.61%
CNMD	F	-2.49%
CTS	A	-1.32%
VSH	C	-1.27%
PRGS	F	-1.21%
SSTK	F	-1.16%
CNXN	D	-1.15%
YOU	F	-1.07%
CSGS	F	-1.04%
TDS	F	-0.51%
PRDO	B	-0.48%
IDCC	B	-0.48%
CABO	F	-0.47%
CRK	C	-0.39%
STRA	A	-0.39%
LEVI	A	-0.38%
SHEN	D	-0.38%
MLKN	D	-0.37%
POWL	B	-0.37%
PHIN	A	-0.37%
WHD	B	-0.37%
CEIX	D	-0.36%
USLM	A	-0.36%
ARCH	D	-0.36%
PRIM	A	-0.36%
DAN	C	-0.36%
WINA	C	-0.35%
SAH	B	-0.35%
KNTK	A	-0.35%
APOG	A	-0.35%
TRN	A	-0.35%
PTVE	C	-0.35%
AESI	B	-0.35%
OXM	B	-0.34%
PRG	B	-0.34%
PSMT	A	-0.34%
CSWI	A	-0.34%
TGLS	B	-0.34%
HLIO	B	-0.34%
NSSC	B	-0.34%
JWN	B	-0.34%
CRC	F	-0.34%
REVG	A	-0.34%
INSW	A	-0.34%
BRC	B	-0.33%
WOR	D	-0.33%
GVA	A	-0.33%
TGNA	D	-0.33%
ABM	B	-0.33%
MWA	A	-0.33%
SHOO	D	-0.33%
BKE	C	-0.33%
GHC	A	-0.33%
SCHL	F	-0.33%
HNI	A	-0.33%
LNN	C	-0.33%
EPAC	B	-0.33%
MCRI	D	-0.32%
SXI	D	-0.32%
KMT	C	-0.32%
ICFI	C	-0.32%
DK	D	-0.32%
B	C	-0.32%
HUBG	B	-0.32%
CAKE	D	-0.32%
TRS	B	-0.32%
GBX	B	-0.32%
ESE	B	-0.32%
CDRE	F	-0.31%
GFF	C	-0.31%
BOWL	F	-0.31%
CMCO	B	-0.31%
KFY	C	-0.31%
CAL	C	-0.31%
RRR	D	-0.31%
CRS	B	-0.31%
TNC	D	-0.31%
SNDR	D	-0.31%
PZZA	F	-0.31%
RES	F	-0.31%
AZZ	C	-0.31%
VAC	D	-0.31%
BDC	C	-0.31%
TNL	D	-0.31%
GDEN	F	-0.3%
LCII	D	-0.3%
UNF	D	-0.3%
WERN	D	-0.3%
KFRC	D	-0.3%
PATK	C	-0.3%
MATW	D	-0.3%
BLMN	F	-0.3%
LZB	D	-0.3%
MRTN	D	-0.3%
DNUT	F	-0.29%
GES	B	-0.29%
HTLD	F	-0.29%
NX	D	-0.29%
AIN	D	-0.29%
EVTC	F	-0.29%
KSS	F	-0.29%
WGO	D	-0.29%
NPO	D	-0.29%
CCS	D	-0.29%
GEF	D	-0.29%
JACK	F	-0.28%
ALG	D	-0.28%
JBT	F	-0.28%
CRI	F	-0.28%
GIC	F	-0.27%
HI	D	-0.27%
CBRL	F	-0.27%
ARCB	F	-0.26%
FL	F	-0.26%
LEG	F	-0.25%
WNC	D	-0.25%
CWH	F	-0.25%
ALGT	F	-0.25%
SLVM	A	-0.24%
SXT	A	-0.24%
HEES	F	-0.24%
CWT	B	-0.23%
VCTR	A	-0.23%
OEC	B	-0.23%
HTLF	A	-0.23%
KALU	B	-0.23%
NWN	B	-0.22%
AVA	B	-0.22%
HL	B	-0.22%
MTX	A	-0.22%
FWRD	F	-0.22%
HWKN	B	-0.22%
MSEX	C	-0.21%
PNM	C	-0.21%
NWE	B	-0.21%
IOSP	C	-0.21%
SR	B	-0.21%
AWR	C	-0.21%
CPK	B	-0.21%
SCL	C	-0.21%
MGEE	B	-0.21%
CWEN	B	-0.21%
KOP	F	-0.21%
KLG	B	-0.21%
BGC	A	-0.2%
IBOC	A	-0.2%
PFS	B	-0.2%
BANF	B	-0.2%
PJT	B	-0.2%
WS	F	-0.2%
FULT	A	-0.2%
VIRT	B	-0.2%
MCY	A	-0.2%
SJW	D	-0.2%
SMG	D	-0.2%
TRMK	A	-0.2%
INDB	C	-0.19%
AGM	C	-0.19%
FRME	B	-0.19%
MTRN	F	-0.19%
FHB	B	-0.19%
SRCE	B	-0.19%
CNO	B	-0.19%
HE	F	-0.19%
SAFT	B	-0.19%
UCBI	B	-0.19%
WABC	B	-0.19%
NBTB	B	-0.19%
WSFS	B	-0.19%
MBIN	B	-0.19%
VBTX	B	-0.19%
CHCO	B	-0.19%
PRK	A	-0.19%
OFG	A	-0.19%
TCBK	B	-0.19%
PFBC	A	-0.19%
PEBO	B	-0.19%
FBK	B	-0.19%
NNI	B	-0.19%
ASB	A	-0.19%
HMN	A	-0.19%
FBP	A	-0.19%
STEP	B	-0.19%
PIPR	A	-0.19%
FIBK	B	-0.19%
BKU	B	-0.19%
FFBC	B	-0.19%
CASH	B	-0.19%
NIC	D	-0.18%
BANC	C	-0.18%
CMTG	F	-0.18%
SASR	B	-0.18%
WSBC	C	-0.18%
CBU	B	-0.18%
BOH	D	-0.18%
SBCF	C	-0.18%
BANR	B	-0.18%
OCFC	B	-0.18%
AUB	C	-0.18%
IIPR	B	-0.18%
CATY	D	-0.18%
PPBI	C	-0.18%
CVBF	C	-0.18%
EIG	D	-0.18%
SYBT	B	-0.18%
NBHC	C	-0.18%
UTZ	B	-0.18%
STC	B	-0.18%
RNST	C	-0.18%
TOWN	B	-0.18%
WAFD	B	-0.18%
EFSC	B	-0.18%
BHLB	B	-0.18%
EBC	B	-0.18%
BUSE	B	-0.18%
TPG	D	-0.18%
FCF	B	-0.18%
HTH	B	-0.18%
EXPI	C	-0.18%
STBA	B	-0.18%
ANDE	F	-0.17%
CALM	D	-0.17%
AAT	B	-0.17%
NAVI	F	-0.17%
EPC	B	-0.17%
IVT	B	-0.17%
UMH	C	-0.17%
DEI	B	-0.17%
UE	B	-0.17%
WMK	C	-0.17%
JOE	B	-0.17%
ENR	C	-0.17%
ALEX	C	-0.17%
FDP	D	-0.17%
SFNC	D	-0.17%
FHI	D	-0.17%
VRTS	C	-0.17%
VSTS	F	-0.17%
AKR	B	-0.17%
HIW	B	-0.17%
KW	C	-0.17%
PGRE	B	-0.17%
HOPE	D	-0.17%
LKFN	D	-0.17%
MPW	D	-0.17%
WD	B	-0.17%
ESRT	D	-0.16%
PEB	F	-0.16%
TR	F	-0.16%
NTST	C	-0.16%
XHR	D	-0.16%
JBGS	F	-0.16%
LOB	D	-0.16%
SPB	C	-0.16%
IBTX	C	-0.16%
SITC	D	-0.16%
SKT	D	-0.16%
LXP	D	-0.16%
MMI	D	-0.16%
IMKTA	F	-0.16%
OUT	D	-0.16%
JJSF	B	-0.16%
MGPI	D	-0.16%
BNL	C	-0.16%
ROIC	D	-0.16%
FBNC	D	-0.16%
HASI	A	-0.15%
SVC	F	-0.15%
NMRK	D	-0.15%
SHO	D	-0.15%
RLJ	F	-0.15%
PLYM	F	-0.15%
RYI	F	-0.15%
PK	D	-0.15%
DRH	F	-0.15%
NSA	D	-0.15%
HPP	F	-0.14%
DBRG	F	-0.13%

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