CEFD vs. SCAP ETF Comparison

Comparison of ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) to InfraCap Small Cap Income ETF (SCAP)

CEFD

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN

CEFD Description

The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the S-Network Composite Closed-End Fund Index (the ?index?), reduced by the Accrued Fees. The index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield.

Grade (RS Rating)

Last Trade

$20.00

Average Daily Volume

1,960

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SCAP

InfraCap Small Cap Income ETF

SCAP Description

The investment seeks to provide total return through long-term capital appreciation and current income. The fund seeks to achieve its investment objective by investing in a diversified group of U.S.-traded equity securities consisting of common and preferred stock, ADRs, and REITs. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in small cap securities. The fund's sub-advisor generally defines a small cap company as one having a market capitalization less than the market cap of the largest company in the Russell 2000 Index at the time of acquisition.

Grade (RS Rating)

Last Trade

$37.06

Average Daily Volume

2,557

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CEFD	SCAP
30 Days	-0.91%	2.52%
60 Days	0.32%	2.12%
90 Days	4.37%	6.27%
12 Months	28.53%

0 Overlapping Holdings

	Symbol	Grade	Weight in CEFD	Weight in SCAP	Overlap

CEFD Overweight 99 Positions Relative to SCAP

Symbol	Grade	Weight
EVV	C	2.63%
BDJ	B	2.39%
HYT	A	2.19%
BTZ	D	2.16%
NXDT	F	1.9%
AWF	D	1.83%
DSL	C	1.77%
JQC	A	1.66%
BXMX	A	1.65%
EMD	C	1.5%
WIW	C	1.37%
BHK	D	1.3%
QQQX	B	1.26%
BOE	B	1.23%
BCX	D	1.2%
HIO	C	1.19%
JPC	A	1.18%
RA	C	1.17%
GHY	B	1.16%
BGY	D	1.09%
CII	B	1.07%
HIX	A	1.01%
BIT	C	1.01%
EOS	A	1.0%
IGD	A	0.98%
EFT	A	0.95%
HTD	A	0.94%
BST	B	0.92%
BLW	C	0.92%
EAD	C	0.9%
ISD	C	0.88%
LDP	C	0.84%
FFC	D	0.83%
EFR	A	0.82%
FRA	A	0.82%
TEI	D	0.75%
PHK	B	0.75%
EOI	A	0.73%
MIN	C	0.71%
EHI	C	0.71%
NBB	D	0.71%
MCR	D	0.7%
PDT	C	0.69%
DIAX	A	0.69%
PPT	D	0.67%
WIA	D	0.66%
MMT	D	0.64%
GOF	A	0.64%
JPI	C	0.63%
BKT	D	0.62%
PFN	B	0.59%
JGH	B	0.59%
FCT	A	0.58%
ERC	C	0.57%
HPS	D	0.55%
HYI	C	0.55%
DFP	D	0.55%
BME	D	0.54%
BGT	B	0.49%
HPI	D	0.47%
PHD	A	0.44%
BGH	B	0.44%
FTF	C	0.43%
GBAB	D	0.42%
HYB	A	0.39%
EVG	C	0.38%
IDE	A	0.38%
DHF	A	0.38%
PHT	C	0.38%
TSI	D	0.37%
ETB	A	0.37%
FT	A	0.37%
STK	A	0.37%
DHY	A	0.36%
HPF	D	0.36%
MSD	D	0.34%
INSI	D	0.34%
FFA	A	0.32%
DBL	D	0.31%
GDO	D	0.31%
PSF	D	0.31%
VBF	D	0.3%
BGR	A	0.3%
PIM	D	0.3%
PFL	C	0.29%
IGA	A	0.29%
OPP	D	0.29%
SPXX	A	0.27%
FLC	D	0.24%
MCN	C	0.24%
CIK	D	0.24%
WEA	A	0.22%
FAM	B	0.21%
VLT	C	0.19%
MGF	D	0.19%
VGI	C	0.18%
HEQ	C	0.18%
GNT	C	0.14%
JLS	C	0.14%

CEFD Underweight 42 Positions Relative to SCAP

Symbol	Grade	Weight
HRI	C	-3.47%
CASY	A	-3.17%
MKSI	C	-3.04%
EWBC	A	-3.02%
GATX	A	-2.95%
SM	C	-2.64%
MUR	D	-2.62%
PNFP	B	-2.61%
CHRD	F	-2.6%
PFBC	B	-2.58%
ASIX	B	-2.51%
PAGP	A	-2.46%
NTB	B	-2.35%
AVNT	B	-2.27%
KRC	C	-2.09%
BRX	A	-1.95%
DKL	C	-1.94%
POR	C	-1.92%
AES	F	-1.89%
NYT	D	-1.82%
AGNC	C	-1.81%
REXR	F	-1.79%
WWD	B	-1.75%
MCBS	B	-1.7%
ESI	B	-1.65%
JEF	A	-1.58%
AB	A	-1.55%
NTST	D	-1.53%
EPRT	A	-1.5%
BLMN	F	-1.46%
SLM	A	-1.38%
CELH	F	-1.36%
PK	D	-1.31%
AIZ	A	-1.22%
WAL	B	-1.19%
CHCT	C	-1.16%
STAG	D	-1.12%
MMI	B	-1.1%
SBLK	F	-1.09%
BPOP	C	-1.05%
COOP	B	-1.02%
VLYPP	A	-0.45%

CEFD: Top Represented Industries & Keywords

Industries: Asset Management