TOTL vs. JMBS ETF Comparison

Comparison of SPDR DoubleLine Total Return Tactical ETF (TOTL) to Janus Henderson Mortgage-Backed Securities ETF (JMBS)

TOTL

SPDR DoubleLine Total Return Tactical ETF

TOTL Description

The investment seeks to maximize total return. Under normal circumstances, the fund invests substantially all of its assets in the State Street DoubleLine Total Return Tactical Portfolio (the "Portfolio"), a separate series of the SSgA Master Trust with an identical investment objective as the fund. As a result, it invests indirectly through the Portfolio. Under normal circumstances, DoubleLine Capital LP (the "Sub-Adviser" or "DoubleLine") will invest at least 80% of the Portfolio&#39;s net assets in a portfolio of fixed income securities of any credit quality. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.12

Average Daily Volume

531,671

Number of Holdings ^*

229

* may have additional holdings in another (foreign) market

JMBS

Janus Henderson Mortgage-Backed Securities ETF

JMBS Description

The investment seeks a high level of total return consisting of income and capital appreciation. The fund seeks to achieve its investment objective by investing mainly in mortgage-related instruments. Under normal circumstances, it will invest at least 80%, and often times substantially all, of its net assets (plus any borrowings for investment purposes) in a portfolio of mortgage-related fixed income instruments of varying maturities. Additionally, the fund may invest in derivatives.

Grade (RS Rating)

Last Trade

$43.80

Average Daily Volume

443,491

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TOTL	JMBS
30 Days	-0.72%	-1.47%
60 Days	-0.65%	-1.55%
90 Days	-1.07%	-2.35%
12 Months	-0.40%	-2.59%

4 Overlapping Holdings

Symbol	Grade	Weight in TOTL	Weight in JMBS	Overlap
FN	C	0.0%	0.01%	0.0%
FR	D	0.06%	0.01%	0.01%
GNR	B	0.01%	0.01%	0.01%
GOOD	A	0.11%	0.42%	0.11%

TOTL Overweight 225 Positions Relative to JMBS

Symbol	Grade	Weight
FNA	F	0.4%
LMAT	B	0.28%
RY	B	0.17%
MS	A	0.12%
TMO	C	0.12%
GS	A	0.12%
C	B	0.12%
BXP	F	0.1%
VZ	D	0.1%
ACR	B	0.1%
JPM	A	0.1%
DUK	A	0.09%
TXT	D	0.09%
ARE	C	0.08%
GTE	A	0.08%
EXPE	A	0.08%
RPRX	C	0.07%
UPST	F	0.07%
OMC	B	0.06%
PWR	A	0.06%
ARW	B	0.06%
AL	A	0.06%
DFS	B	0.06%
CCI	D	0.06%
NEE	A	0.06%
AMGN	B	0.06%
ORCL	D	0.06%
CI	B	0.06%
CSX	D	0.06%
SO	A	0.06%
BA	D	0.06%
MUFG	C	0.06%
VNT	D	0.06%
WELL	A	0.06%
CMCSA	F	0.06%
WFC	B	0.06%
DLTR	F	0.06%
SLG	A	0.06%
BG	B	0.06%
MAR	D	0.06%
BERY	D	0.06%
AVGO	D	0.06%
WRK	A	0.06%
DG	D	0.06%
DELL	A	0.06%
ABBV	D	0.06%
EPD	B	0.06%
WTRG	A	0.06%
HD	C	0.05%
S	C	0.05%
GP	F	0.05%
WMB	B	0.04%
PXD	B	0.04%
VLO	B	0.04%
AEP	A	0.04%
XOM	B	0.04%
CHT	D	0.04%
BRO	C	0.04%
FE	A	0.03%
SEM	B	0.03%
GM	B	0.03%
USAC	D	0.03%
CARR	A	0.03%
HCA	D	0.03%
DD	A	0.03%
NTAP	B	0.03%
SYY	D	0.03%
VOYA	B	0.03%
FDX	B	0.03%
GFF	C	0.03%
HAL	D	0.03%
MPLX	A	0.03%
ET	A	0.03%
GE	A	0.03%
BCC	D	0.03%
VSAT	F	0.02%
PPC	A	0.02%
EQT	A	0.02%
GOGO	B	0.02%
PFSI	B	0.02%
KAR	A	0.02%
MATV	A	0.02%
FTAI	A	0.02%
CRI	F	0.02%
SXC	D	0.02%
SAH	A	0.02%
OVV	B	0.02%
NRG	A	0.02%
VTRS	C	0.02%
DNB	D	0.02%
RDNT	A	0.02%
SLGN	B	0.02%
WOOF	F	0.02%
BYD	F	0.02%
OGN	A	0.02%
BALY	B	0.02%
JELD	B	0.02%
CCLP	A	0.02%
VNO	D	0.02%
SIX	C	0.02%
AXL	C	0.02%
BHF	B	0.02%
PCG	A	0.02%
KHC	B	0.02%
MSC	B	0.02%
T	B	0.02%
CLH	A	0.01%
TSQ	A	0.01%
BTU	F	0.01%
CVNA	A	0.01%
BECN	A	0.01%
VVI	C	0.01%
FLL	C	0.01%
SKIL	F	0.01%
STX	C	0.01%
PLYA	C	0.01%
EAF	C	0.01%
BIDU	C	0.01%
GPI	A	0.01%
CNX	B	0.01%
DAL	A	0.01%
RH	D	0.01%
SLCA	A	0.01%
BGS	B	0.01%
WFRD	A	0.01%
UAN	A	0.01%
IRM	D	0.01%
SBGI	B	0.01%
MODV	F	0.01%
TGI	C	0.01%
NAVI	F	0.01%
PK	D	0.01%
MUSA	B	0.01%
NBR	F	0.01%
AM	A	0.01%
DVA	A	0.01%
NXST	B	0.01%
INFA	D	0.01%
ATKR	B	0.01%
GDEN	F	0.01%
UNIT	B	0.01%
SPH	C	0.01%
AR	A	0.01%
CTLT	C	0.01%
MHO	C	0.01%
VNOM	B	0.01%
APA	F	0.01%
CCS	C	0.01%
WMS	C	0.01%
WH	D	0.01%
SPB	B	0.01%
GPS	C	0.01%
LUMN	F	0.01%
EBS	C	0.01%
YUM	B	0.01%
CNSL	B	0.01%
GPOR	B	0.01%
COTY	C	0.01%
BLDR	C	0.01%
NEXA	B	0.01%
GLT	F	0.01%
GT	D	0.01%
WES	A	0.01%
SWN	B	0.01%
XHR	D	0.01%
CHK	B	0.01%
FUN	F	0.01%
SSP	D	0.01%
IBP	B	0.01%
SMG	B	0.01%
NFLX	C	0.01%
CYH	B	0.01%
PFGC	D	0.01%
APG	D	0.01%
MGM	F	0.01%
UNFI	F	0.01%
SIRI	F	0.01%
UBER	D	0.01%
NCLH	F	0.01%
JAZZ	F	0.01%
AES	A	0.01%
PENN	F	0.01%
VSCO	D	0.01%
NGL	C	0.01%
THC	A	0.01%
IEP	F	0.01%
OXY	B	0.01%
LYV	F	0.01%
STZ	D	0.01%
BNS	D	0.01%
CNC	D	0.01%
COMM	F	0.01%
CHTR	D	0.01%
BAC	B	0.01%
TMUS	A	0.01%
KSA	C	0.01%
TRTX	A	0.01%
F	B	0.01%
BX	D	0.01%
HLT	D	0.0%
CMCO	B	0.0%
VICI	C	0.0%
TROX	A	0.0%
WD	B	0.0%
UCTT	C	0.0%
ICLR	D	0.0%
EXC	A	0.0%
CCO	C	0.0%
IHRT	D	0.0%
SUN	D	0.0%
DAN	B	0.0%
URI	D	0.0%
OMF	A	0.0%
FYBR	B	0.0%
CZR	F	0.0%
EHC	A	0.0%
EVRI	F	0.0%
OPCH	F	0.0%
POST	B	0.0%
UAL	B	0.0%
CCL	F	0.0%
RIG	F	0.0%
AAL	F	0.0%
TDG	A	0.0%
HESM	D	0.0%

TOTL Underweight 3 Positions Relative to JMBS

Symbol	Grade	Weight
FNCL	D	-0.52%
UWM	C	-0.44%
CIM	C	-0.24%