FCTE vs. BIZD ETF Comparison

Comparison of SMI 3Fourteen Full-Cycle Trend ETF (FCTE) to Market Vectors BDC Income ETF (BIZD)

FCTE

SMI 3Fourteen Full-Cycle Trend ETF

FCTE Description

The fund is actively managed and typically owns 20 domestic stocks that are normally included in the S&P 500 Index ("S&P 500"). The FCT strategy is based on a proprietary model developed by 3Fourteen that selects stocks based on quality stock screens and trend factors such as return on capital and cash flow stability, earnings growth, return on investment, momentum, linear regression and trend analysis. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.77

Average Daily Volume

109,194

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

BIZD

Market Vectors BDC Income ETF

BIZD Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® US Business Development Companies Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The BDC Index is comprised of BDCs. BDCs are vehicles whose principal business is to invest in, lend capital to or provide services to privately-held companies or thinly traded U.S. public companies.

Grade (RS Rating)

Last Trade

$16.67

Average Daily Volume

625,092

Number of Holdings ^*

21

* may have additional holdings in another (foreign) market

Performance

Period	FCTE	BIZD
30 Days	0.07%	1.58%
60 Days	-1.88%	3.81%
90 Days	-1.70%	5.54%
12 Months		11.07%

0 Overlapping Holdings

	Symbol	Grade	Weight in FCTE	Weight in BIZD	Overlap

FCTE Overweight 20 Positions Relative to BIZD

	Symbol	Grade	Weight
	TT	A	5.55%
	NTAP	C	5.43%
	RSG	A	5.34%
	WMT	A	5.33%
	BRO	B	5.23%
	ROL	B	5.21%
	TSCO	D	5.09%
	KMB	D	5.05%
	CL	D	4.97%
	RMD	C	4.97%
	MMM	D	4.93%
	META	D	4.9%
	PHM	D	4.89%
	LRCX	F	4.86%
	GOOGL	C	4.84%
	AMAT	F	4.78%
	GD	F	4.74%
	KLAC	D	4.7%
	MTD	D	4.58%
	HCA	F	4.58%

FCTE Underweight 21 Positions Relative to BIZD

	Symbol	Grade	Weight
	ARCC	A	-22.03%
	FSK	A	-9.57%
	BXSL	A	-8.65%
	MAIN	A	-4.76%
	GBDC	C	-4.7%
	HTGC	D	-4.56%
	TSLX	C	-3.6%
	PSEC	D	-3.02%
	GSBD	F	-2.68%
	CSWC	D	-2.06%
	NMFC	D	-1.99%
	BBDC	A	-1.74%
	CGBD	D	-1.58%
	PFLT	D	-1.56%
	TCPC	C	-1.44%
	TRIN	A	-1.44%
	FDUS	A	-1.3%
	BCSF	C	-1.21%
	SLRC	A	-1.21%
	CION	C	-1.17%
	GAIN	C	-0.96%

FCTE: Top Represented Industries & Keywords

Industries: Semiconductor Equipment & Materials Household & Personal Products Internet Content & Information Aerospace & Defense Business Services Data Storage Diagnostics & Research Discount Stores Diversified Industrials Insurance Brokers Medical Care Medical Instruments & Supplies Residential Construction Specialty Industrial Machinery Specialty Retail Waste Management

Keywords: S&P 500 Nasdaq 100 Computing Integrated Circuits Personal Hygiene Products Retailing Semiconductor Semiconductor Device Fabrication Alcohol Chemical Vapor Deposition Dentist Dow Jones Component Electronics Industries Food Service Health Care Products Home Care Hygiene Hyperscale Infection Infection Prevention

BIZD: Top Represented Industries & Keywords

Industries: Asset Management Credit Services Specialty Finance

Keywords: Business Development Private Equity Mezzanine Capital Venture Capital Loan Business Development Company Credit Debt Refinancing Senior Debt Second Lien Loan Subordinated Debt Aerospace Beverage Chemical Golub Capital Healthcare Service Leveraged Buyout Bankruptcy Capital Structure