SMHB vs. SDD ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to ProShares UltraShort SmallCap600 (SDD)

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

$5.71

Average Daily Volume

40,001

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SDD

ProShares UltraShort SmallCap600

SDD Description

The investment seeks daily investment results before fees and expenses that correspond to two times the inverse (-2x) of the daily performance of the S&P SmallCap 600®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.80

Average Daily Volume

1,227

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	SDD
30 Days	-9.80%	-12.64%
60 Days	-10.51%	-10.96%
90 Days	-1.80%	-11.27%
12 Months	14.54%	-40.17%

4 Overlapping Holdings

Symbol	Grade	Weight in SMHB	Weight in SDD	Overlap
ARI	C	1.02%	0.33%	0.33%
CCOI	B	1.51%	0.39%	0.39%
IVR	F	1.43%	0.31%	0.31%
PMT	C	1.35%	0.3%	0.3%

SMHB Overweight 86 Positions Relative to SDD

Symbol	Grade	Weight
SLG	B	4.87%
XRX	F	4.09%
DTM	A	3.81%
BXMT	C	3.43%
DSS	F	2.87%
TWO	F	2.87%
CIM	D	2.62%
BDN	C	2.41%
BGS	F	2.41%
SBRA	C	2.38%
EPR	C	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%
PSEC	D	1.47%
DEA	D	1.35%
MFA	D	1.27%
RWT	D	1.24%
CTRE	C	1.16%
PETS	C	1.13%
MAIN	A	1.09%
HTGC	D	1.03%
GNL	F	1.01%
FCPT	C	1.0%
EFC	C	1.0%
PDM	D	0.99%
GSBD	F	0.94%
NEWT	C	0.94%
NYMT	C	0.93%
LTC	B	0.91%
DX	B	0.89%
KREF	C	0.8%
VGR	B	0.79%
NWBI	B	0.77%
GBDC	D	0.73%
CODI	B	0.72%
VNOM	A	0.65%
SCS	C	0.65%
RC	D	0.65%
ACRE	B	0.64%
LADR	B	0.62%
TSLX	C	0.62%
HESM	B	0.59%
UVV	B	0.54%
OCSL	F	0.54%
AROC	A	0.53%
GMRE	F	0.5%
ILPT	F	0.49%
BRSP	C	0.49%
WSR	A	0.46%
ALX	D	0.45%
GTY	A	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	B	0.29%
TRTX	C	0.29%
TCPC	C	0.27%
AHH	D	0.27%
CGBD	C	0.25%
BCSF	C	0.24%
TPVG	B	0.23%
PFLT	D	0.23%
SLRC	A	0.23%
UVE	B	0.22%
BBDC	A	0.22%
KRO	C	0.2%
EBF	F	0.18%
GAIN	B	0.17%
PNNT	C	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 87 Positions Relative to SDD

Symbol	Grade	Weight
DAR	C	-0.61%
GBCI	B	-0.49%
BLD	D	-0.48%
JBT	B	-0.47%
EXPO	D	-0.47%
NEOG	F	-0.47%
VIAV	C	-0.46%
OMCL	C	-0.46%
CBU	B	-0.46%
STRA	C	-0.45%
BCPC	B	-0.44%
NEO	C	-0.43%
SSD	F	-0.43%
SHOO	F	-0.42%
AVA	A	-0.42%
SKYW	C	-0.42%
B	A	-0.41%
AWR	B	-0.41%
UNF	B	-0.41%
LAD	A	-0.41%
ONB	C	-0.4%
AMN	F	-0.4%
CNMD	C	-0.4%
ADC	A	-0.39%
POWI	F	-0.39%
ITRI	C	-0.39%
UFPI	C	-0.38%
SFNC	C	-0.38%
MOG.A	B	-0.38%
BRC	D	-0.37%
CVBF	A	-0.37%
PRLB	B	-0.37%
ITGR	B	-0.37%
WTS	B	-0.36%
JJSF	C	-0.36%
QLYS	B	-0.36%
AEIS	C	-0.36%
ABCB	B	-0.36%
CROX	D	-0.36%
INDB	B	-0.35%
WING	D	-0.35%
WWW	A	-0.35%
LCII	C	-0.35%
COLB	B	-0.35%
ABM	B	-0.34%
WDFC	B	-0.34%
FOXF	F	-0.34%
LXP	D	-0.34%
SEM	B	-0.33%
ESE	B	-0.33%
IOSP	C	-0.33%
AIT	B	-0.33%
IRDM	D	-0.33%
ROG	D	-0.32%
CWT	C	-0.32%
MEDP	D	-0.32%
GTLS	A	-0.32%
MNRO	D	-0.32%
FUL	F	-0.32%
SAIA	B	-0.32%
NSIT	F	-0.32%
LPSN	F	-0.32%
AIN	C	-0.31%
SANM	B	-0.31%
HI	C	-0.31%
DIOD	D	-0.31%
EBS	C	-0.31%
EXLS	B	-0.31%
FN	C	-0.31%
FELE	B	-0.3%
SPXC	A	-0.3%
ALGT	B	-0.3%
MTH	D	-0.3%
ENSG	C	-0.3%
KFY	B	-0.3%
FFBC	B	-0.3%
ACA	A	-0.29%
AAT	B	-0.29%
DORM	B	-0.29%
NMIH	C	-0.29%
PLXS	B	-0.29%
XHR	B	-0.29%
KWR	C	-0.28%
PRGS	A	-0.28%
FBP	C	-0.28%
AKR	B	-0.28%
NWN	A	-0.28%

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