SMHB vs. SAEF ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to Schwab Ariel ESG ETF (SAEF)

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

$6.23

Average Daily Volume

38,479

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SAEF

Schwab Ariel ESG ETF

SAEF Description

Schwab Ariel ESG ETF is an exchange traded fund launched and managed by Charles Schwab Investment Management, Inc. The fund is co-managed by Ariel Investments, LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of diverse market cap companies, within the market capitalization range of the Russell 2500 Index. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. It employs proprietary research to create its portfolio. Schwab Ariel ESG ETF was formed on November 16, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$22.98

Average Daily Volume

2,241

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	SAEF
30 Days	-2.75%	-6.16%
60 Days	7.39%	-1.19%
90 Days	-1.77%	1.14%
12 Months	48.69%	10.70%

0 Overlapping Holdings

	Symbol	Grade	Weight in SMHB	Weight in SAEF	Overlap

SMHB Overweight 91 Positions Relative to SAEF

Symbol	Grade	Weight
SLG	A	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	A	2.49%
BDN	A	2.41%
BGS	B	2.41%
SBRA	C	2.38%
EPR	D	2.34%
ABR	C	2.21%
APAM	D	2.02%
PAGP	A	1.88%
UNIT	B	1.86%
UWMC	C	1.84%
ARR	D	1.65%
NHI	A	1.64%
ORC	B	1.51%
CCOI	D	1.51%
PSEC	D	1.47%
IVR	C	1.43%
DEA	B	1.35%
PMT	B	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	D	1.01%
FCPT	C	1.0%
EFC	C	1.0%
PDM	A	0.99%
GSBD	A	0.94%
NEWT	D	0.94%
NYMT	D	0.93%
LTC	A	0.91%
DX	C	0.89%
KREF	D	0.8%
VGR	D	0.79%
NWBI	D	0.77%
GBDC	A	0.73%
CODI	D	0.72%
VNOM	A	0.65%
SCS	C	0.65%
RC	C	0.65%
ACRE	D	0.64%
LADR	B	0.62%
TSLX	A	0.62%
HESM	D	0.59%
UVV	A	0.54%
OCSL	A	0.54%
AROC	A	0.53%
GMRE	F	0.5%
ILPT	F	0.49%
BRSP	D	0.49%
WSR	C	0.46%
ALX	D	0.45%
GTY	B	0.44%
OPI	F	0.4%
RMR	C	0.38%
NMFC	B	0.38%
UHT	D	0.36%
GPMT	D	0.34%
CSWC	A	0.34%
GOOD	A	0.33%
FSP	D	0.29%
TRTX	A	0.29%
TCPC	D	0.27%
AHH	B	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	B	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	D	0.07%

SMHB Underweight 58 Positions Relative to SAEF

Symbol	Grade	Weight
NCLH	B	-4.09%
LIND	F	-3.83%
OSW	C	-3.6%
BCO	A	-3.15%
KKR	C	-2.84%
NVT	A	-2.38%
ZBRA	B	-2.37%
REZI	C	-2.28%
CRL	D	-2.24%
GS	A	-2.16%
FICO	D	-2.04%
NTRS	B	-2.01%
GNRC	A	-2.0%
MANU	B	-1.97%
PBH	C	-1.97%
GNTX	C	-1.94%
FAF	D	-1.82%
JLL	C	-1.81%
LFUS	D	-1.8%
KN	B	-1.72%
MTB	A	-1.68%
CBRE	C	-1.67%
MAT	F	-1.66%
KEYS	C	-1.63%
SSD	D	-1.61%
ZBH	F	-1.6%
LESL	F	-1.58%
KMT	F	-1.57%
DNB	D	-1.54%
SNA	D	-1.54%
AXTA	D	-1.5%
ST	D	-1.44%
LH	F	-1.43%
IPG	C	-1.43%
AFL	B	-1.38%
ATGE	B	-1.37%
MSI	A	-1.35%
ADTN	F	-1.33%
MIDD	D	-1.29%
MSGS	B	-1.24%
BWA	B	-1.22%
PGR	B	-1.2%
PDCO	D	-1.19%
HCKT	D	-1.18%
MAS	D	-1.17%
KMX	D	-1.11%
SRCL	F	-1.1%
BRC	A	-1.0%
MSGE	A	-0.96%
REYN	C	-0.89%
KFY	D	-0.86%
BIO	F	-0.82%
NVST	D	-0.78%
MHK	C	-0.59%
SJM	F	-0.52%
PARA	B	-0.47%
FTRE	D	-0.22%
PHIN	A	-0.21%

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