HDLB vs. CVY ETF Comparison

Comparison of ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044 (HDLB) to Guggenheim Multi-Asset Income ETF (CVY)

HDLB

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044

HDLB Description

The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive US High Dividend Low Volatility Index. The index is designed to measure the performance of 40 dividend yielding, relatively lower volatility Index Constituent Securities from the universe of the largest 1,000 U.S. listed stocks by market capitalization, as described herein. The Securities seek to approximate the monthly returns that might be available to investors through a leveraged “long” investment in the index constituent securities.

Grade (RS Rating)

Last Trade

$15.32

Average Daily Volume

2,749

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CVY

Guggenheim Multi-Asset Income ETF

CVY Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Zacks Multi-Asset Income Index. The fund invests at least 90% of its total assets in securities that comprise the index and depositary receipts representing securities that comprise the index. The Zacks Multi-Asset Income Index is comprised of approximately 149 securities selected, based on investment and other criteria, from a universe of domestic and international companies. The securities comprising the index include stocks of small and medium-sized companies.

Grade (RS Rating)

Last Trade

$26.79

Average Daily Volume

6,617

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

Performance

Period	HDLB	CVY
30 Days	4.93%	1.63%
60 Days	10.70%	1.35%
90 Days	16.30%	3.81%
12 Months	61.71%	23.60%

3 Overlapping Holdings

Symbol	Grade	Weight in HDLB	Weight in CVY	Overlap
AGNC	C	1.03%	0.92%	0.92%
MPW	F	1.04%	1.0%	1.0%
T	A	8.79%	0.6%	0.6%

HDLB Overweight 34 Positions Relative to CVY

Symbol	Grade	Weight
PFE	F	13.4%
ABBV	F	9.8%
VZ	C	9.25%
GILD	B	5.14%
IBM	C	5.12%
PM	A	3.83%
DUK	C	3.27%
MO	A	3.18%
SO	C	2.94%
D	C	2.76%
AEP	C	2.58%
O	D	2.51%
VICI	C	1.93%
KHC	F	1.93%
ED	C	1.85%
ETR	A	1.73%
SRE	A	1.71%
PPL	A	1.48%
K	A	1.47%
NLY	D	1.43%
FE	C	1.42%
EIX	C	1.34%
IP	A	1.22%
NI	A	0.91%
PNW	A	0.78%
WPC	C	0.76%
WU	F	0.73%
ARCC	A	0.46%
GLPI	C	0.44%
OGE	A	0.43%
STAG	D	0.4%
FSK	A	0.25%
KD	A	0.14%
ONL	D	0.07%

HDLB Underweight 125 Positions Relative to CVY

Symbol	Grade	Weight
BBAR	A	-1.7%
ARLP	A	-1.39%
SYF	B	-1.32%
WFC	A	-1.31%
BAC	A	-1.16%
BSM	B	-1.13%
EQH	B	-1.12%
JPM	B	-1.1%
JPC	A	-1.1%
KR	B	-1.09%
VTRS	A	-1.08%
OHI	C	-1.07%
CF	A	-1.06%
SPG	A	-1.06%
PDI	D	-1.06%
SLG	B	-1.04%
CRBG	B	-1.04%
EOG	A	-1.03%
M	F	-1.0%
ECC	D	-1.0%
OVV	B	-1.0%
CIG	A	-1.0%
WES	C	-0.99%
VLO	C	-0.98%
MPLX	A	-0.96%
PSX	C	-0.96%
EG	C	-0.95%
ET	A	-0.93%
HAL	C	-0.93%
MPC	C	-0.92%
EXR	C	-0.91%
CVS	D	-0.91%
LAMR	D	-0.9%
PBR	C	-0.9%
BG	D	-0.89%
UNM	A	-0.88%
DINO	D	-0.88%
ADM	D	-0.87%
DVN	F	-0.85%
CIVI	F	-0.84%
GLP	A	-0.84%
CIB	B	-0.83%
EWBC	A	-0.83%
TGNA	B	-0.82%
EPD	A	-0.82%
BP	F	-0.81%
UMC	F	-0.78%
APA	F	-0.78%
VOYA	B	-0.78%
R	B	-0.77%
SPH	D	-0.77%
JXN	C	-0.77%
SLM	A	-0.76%
PAA	B	-0.75%
PDO	C	-0.75%
CTRE	C	-0.74%
AXS	A	-0.74%
ONB	B	-0.72%
CNH	C	-0.71%
MGY	A	-0.7%
SEE	D	-0.68%
WGO	D	-0.67%
HP	C	-0.67%
E	F	-0.67%
NOG	A	-0.67%
SUN	C	-0.67%
BC	F	-0.66%
MTG	C	-0.66%
AVT	C	-0.64%
BPOP	C	-0.63%
PBF	D	-0.62%
RPRX	D	-0.59%
MUR	D	-0.57%
NSA	C	-0.57%
ACP	A	-0.55%
TTE	F	-0.54%
LEA	F	-0.54%
STNG	D	-0.5%
BBVA	D	-0.49%
DSL	C	-0.48%
XFLT	A	-0.48%
QFIN	A	-0.45%
OGN	F	-0.44%
HIW	D	-0.44%
GEL	D	-0.42%
VVR	D	-0.41%
OUT	A	-0.4%
HEES	C	-0.4%
PRDO	B	-0.39%
CATY	B	-0.39%
IBOC	B	-0.38%
CNO	B	-0.38%
HWC	B	-0.37%
BOKF	B	-0.37%
SLVM	B	-0.36%
BCH	C	-0.36%
KFY	B	-0.35%
AGRO	D	-0.35%
AKR	A	-0.35%
CMRE	B	-0.34%
LZB	B	-0.34%
SAH	B	-0.33%
RDN	D	-0.32%
OFG	B	-0.32%
FBP	B	-0.32%
GSL	F	-0.31%
NAVI	F	-0.31%
PAG	C	-0.31%
RES	D	-0.3%
OTTR	C	-0.3%
FFC	D	-0.29%
LYG	C	-0.26%
ING	D	-0.26%
BGB	A	-0.26%
DLY	A	-0.25%
EMD	C	-0.22%
NHI	D	-0.22%
BCS	A	-0.21%
ASC	D	-0.2%
ISD	C	-0.2%
ARDC	A	-0.19%
HIO	C	-0.19%
CSR	B	-0.15%
EAD	C	-0.12%
NBB	D	-0.11%