SMHB vs. UTRN ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to Vesper US Large Cap Short-Term Reversal Strategy ETF (UTRN)

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

$6.14

Average Daily Volume

38,012

Number of Holdings ^*

* may have additional holdings in another (foreign) market

UTRN

Vesper US Large Cap Short-Term Reversal Strategy ETF

UTRN Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Vesper U.S. Large Cap Short-Term Reversal Index (the 'index'). The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to measure the performance of a portfolio of 25 stocks selected from the S&P 500 that Vesper Capital Management, LLC believes will most likely benefit from the "short-term reversal" effect, as determined by applying a proprietary algorithm ("Chow's Ratio" or "Algorithm").

Grade (RS Rating)

Last Trade

$25.43

Average Daily Volume

985

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	UTRN
30 Days	-1.01%	-1.01%
60 Days	4.63%	-0.13%
90 Days	4.70%	6.15%
12 Months	74.54%	10.67%

0 Overlapping Holdings

	Symbol	Grade	Weight in SMHB	Weight in UTRN	Overlap

SMHB Overweight 91 Positions Relative to UTRN

Symbol	Grade	Weight
SLG	B	4.87%
XRX	F	4.09%
DTM	B	3.81%
BXMT	F	3.43%
DSS	F	2.87%
TWO	A	2.87%
CIM	D	2.62%
ETRN	A	2.49%
BDN	B	2.41%
BGS	B	2.41%
SBRA	B	2.38%
EPR	D	2.34%
ABR	C	2.21%
APAM	D	2.02%
PAGP	B	1.88%
UNIT	F	1.86%
UWMC	C	1.84%
ARR	C	1.65%
NHI	A	1.64%
ORC	B	1.51%
CCOI	F	1.51%
PSEC	F	1.47%
IVR	C	1.43%
DEA	C	1.35%
PMT	A	1.35%
MFA	B	1.27%
RWT	D	1.24%
CTRE	B	1.16%
PETS	F	1.13%
MAIN	A	1.09%
HTGC	A	1.03%
ARI	F	1.02%
GNL	D	1.01%
FCPT	C	1.0%
EFC	C	1.0%
PDM	B	0.99%
GSBD	A	0.94%
NEWT	D	0.94%
NYMT	F	0.93%
LTC	A	0.91%
DX	C	0.89%
KREF	F	0.8%
VGR	F	0.79%
NWBI	C	0.77%
GBDC	A	0.73%
CODI	D	0.72%
VNOM	C	0.65%
SCS	D	0.65%
RC	C	0.65%
ACRE	D	0.64%
LADR	A	0.62%
TSLX	B	0.62%
HESM	C	0.59%
UVV	B	0.54%
OCSL	C	0.54%
AROC	B	0.53%
GMRE	D	0.5%
ILPT	C	0.49%
BRSP	F	0.49%
WSR	D	0.46%
ALX	C	0.45%
GTY	C	0.44%
OPI	C	0.4%
RMR	B	0.38%
NMFC	A	0.38%
UHT	D	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	C	0.27%
CGBD	A	0.25%
BCSF	A	0.24%
TPVG	F	0.23%
PFLT	B	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	B	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 25 Positions Relative to UTRN

Symbol	Grade	Weight
SYF	A	-4.39%
KO	A	-4.09%
CNP	A	-4.07%
ES	B	-4.06%
MO	A	-4.06%
WEC	B	-4.04%
T	C	-4.04%
LNT	B	-4.04%
CMS	A	-4.02%
JNJ	F	-4.0%
CL	A	-3.99%
SYY	D	-3.99%
AMCR	A	-3.98%
EG	D	-3.98%
TMUS	A	-3.98%
FE	A	-3.97%
DRI	F	-3.97%
VRTX	D	-3.95%
EA	D	-3.93%
AVY	A	-3.93%
ITW	F	-3.91%
VRSK	C	-3.9%
EDR	A	-3.9%
LIN	D	-3.87%
VZ	D	-3.86%

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