HDLB vs. IDX ETF Comparison

Comparison of ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044 (HDLB) to Market Vectors Indonesia Index ETF (IDX)

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

$14.54

Average Daily Volume

2,358

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IDX

Market Vectors Indonesia Index ETF

IDX Description

The investment seeks to replicate, before fees and expenses, the price and yield performance of the Market VectorsÂ® Indonesia Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Indonesia Index is comprised of securities of Indonesian companies. A company is considered to be an Indonesian company if it is incorporated in Indonesia or generates at least 50% of its revenues (or, in certain circumstances, has at least 50% of its assets) in Indonesia. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$17.45

Average Daily Volume

90,298

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HDLB	IDX
30 Days	4.78%	-3.27%
60 Days	16.52%	9.96%
90 Days	28.56%	6.86%
12 Months	70.07%	4.79%

0 Overlapping Holdings

	Symbol	Grade	Weight in HDLB	Weight in IDX	Overlap

HDLB Overweight 37 Positions Relative to IDX

Symbol	Grade	Weight
PFE	D	13.4%
ABBV	C	9.8%
VZ	C	9.25%
T	B	8.79%
GILD	A	5.14%
IBM	A	5.12%
PM	D	3.83%
DUK	C	3.27%
MO	D	3.18%
SO	A	2.94%
D	A	2.76%
AEP	C	2.58%
O	C	2.51%
VICI	C	1.93%
KHC	F	1.93%
ED	C	1.85%
ETR	A	1.73%
SRE	C	1.71%
PPL	C	1.48%
K	B	1.47%
NLY	C	1.43%
FE	C	1.42%
EIX	C	1.34%
IP	C	1.22%
MPW	C	1.04%
AGNC	B	1.03%
NI	A	0.91%
PNW	C	0.78%
WPC	C	0.76%
WU	D	0.73%
ARCC	A	0.46%
GLPI	C	0.44%
OGE	C	0.43%
STAG	D	0.4%
FSK	A	0.25%
KD	D	0.14%
ONL	D	0.07%

HDLB Underweight 1 Positions Relative to IDX

	Symbol	Grade	Weight
	TLK	D	-5.79%