KCE vs. SMHB ETF Comparison

Comparison of SPDR S&P Capital Markets ETF (KCE) to ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB)

KCE

SPDR S&P Capital Markets ETF

KCE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies that do business as broker-dealers, asset managers, trust and custody banks or exchanges. In seeking to track the performance of the S&P Capital Markets Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the capital markets industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.

Grade (RS Rating)

Last Trade

$146.81

Average Daily Volume

70,565

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMHB

ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B

SMHB Description

The investment seeks to provide a two times leveraged return linked to the compounded monthly performance of the Solactive US Small Cap High Dividend Index (the “index”). The index is designed to measure the performance of 100 relatively small capitalization, dividend yielding index constituent securities selected from a universe of qualifying U.S. listed equity securities. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.

Grade (RS Rating)

Last Trade

$5.73

Average Daily Volume

39,542

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KCE	SMHB
30 Days	11.35%	-2.85%
60 Days	17.27%	-7.38%
90 Days	22.08%	0.84%
12 Months	67.71%	17.62%

1 Overlapping Holdings

	Symbol	Grade	Weight in KCE	Weight in SMHB	Overlap
	APAM	B	1.68%	2.02%	1.68%

KCE Overweight 59 Positions Relative to SMHB

Symbol	Grade	Weight
COIN	C	2.54%
LPLA	A	2.22%
HOOD	B	2.1%
IBKR	A	2.03%
RJF	A	1.98%
MS	A	1.96%
SF	B	1.95%
PJT	A	1.86%
OWL	A	1.86%
CG	A	1.86%
AMP	A	1.85%
JEF	A	1.85%
EVR	B	1.84%
SCHW	B	1.83%
PIPR	B	1.82%
HLNE	B	1.81%
STEP	B	1.8%
KKR	A	1.8%
GS	A	1.8%
JHG	A	1.79%
VCTR	B	1.77%
NTRS	A	1.76%
HLI	B	1.75%
SEIC	B	1.75%
FHI	A	1.74%
BX	A	1.74%
TPG	A	1.7%
BLK	C	1.69%
STT	A	1.66%
TROW	B	1.65%
ARES	A	1.65%
BK	A	1.64%
MORN	B	1.62%
WT	B	1.62%
MC	C	1.62%
BGC	C	1.61%
IVZ	B	1.6%
FDS	B	1.6%
AMG	B	1.6%
NDAQ	A	1.59%
CNS	B	1.59%
MSCI	C	1.58%
VIRT	B	1.58%
BEN	C	1.57%
TW	A	1.57%
CME	A	1.53%
MKTX	D	1.51%
MCO	B	1.46%
SPGI	C	1.43%
SNEX	B	1.4%
ICE	C	1.4%
CBOE	B	1.36%
DBRG	F	1.29%
VRTS	B	1.22%
DFIN	D	0.87%
BSIG	A	0.66%
PX	A	0.63%
DHIL	A	0.36%
LPRO	C	0.35%

KCE Underweight 89 Positions Relative to SMHB

Symbol	Grade	Weight
SLG	B	-4.87%
XRX	F	-4.09%
DTM	B	-3.81%
BXMT	C	-3.43%
DSS	F	-2.87%
TWO	D	-2.87%
CIM	D	-2.62%
BDN	C	-2.41%
BGS	F	-2.41%
SBRA	C	-2.38%
EPR	D	-2.34%
ABR	C	-2.21%
PAGP	A	-1.88%
UNIT	B	-1.86%
UWMC	D	-1.84%
ARR	D	-1.65%
NHI	D	-1.64%
ORC	B	-1.51%
CCOI	B	-1.51%
PSEC	D	-1.47%
IVR	F	-1.43%
DEA	D	-1.35%
PMT	D	-1.35%
MFA	D	-1.27%
RWT	D	-1.24%
CTRE	D	-1.16%
PETS	C	-1.13%
MAIN	A	-1.09%
HTGC	D	-1.03%
ARI	C	-1.02%
GNL	F	-1.01%
FCPT	C	-1.0%
EFC	C	-1.0%
PDM	D	-0.99%
GSBD	F	-0.94%
NEWT	B	-0.94%
NYMT	C	-0.93%
LTC	B	-0.91%
DX	B	-0.89%
KREF	D	-0.8%
VGR	D	-0.79%
NWBI	B	-0.77%
GBDC	C	-0.73%
CODI	B	-0.72%
VNOM	A	-0.65%
SCS	C	-0.65%
RC	D	-0.65%
ACRE	C	-0.64%
LADR	B	-0.62%
TSLX	C	-0.62%
HESM	B	-0.59%
UVV	B	-0.54%
OCSL	F	-0.54%
AROC	B	-0.53%
GMRE	F	-0.5%
ILPT	D	-0.49%
BRSP	B	-0.49%
WSR	A	-0.46%
ALX	D	-0.45%
GTY	B	-0.44%
OPI	F	-0.4%
RMR	F	-0.38%
NMFC	D	-0.38%
UHT	D	-0.36%
GPMT	C	-0.34%
CSWC	D	-0.34%
GOOD	B	-0.33%
FSP	C	-0.29%
TRTX	B	-0.29%
TCPC	C	-0.27%
AHH	D	-0.27%
CGBD	D	-0.25%
BCSF	C	-0.24%
TPVG	C	-0.23%
PFLT	D	-0.23%
SLRC	A	-0.23%
UVE	B	-0.22%
BBDC	A	-0.22%
KRO	D	-0.2%
EBF	F	-0.18%
GAIN	C	-0.17%
PNNT	B	-0.16%
OLP	B	-0.16%
FDUS	A	-0.16%
GLAD	B	-0.15%
BFS	C	-0.14%
TRIN	A	-0.12%
CCAP	A	-0.1%
REPX	A	-0.07%

SMHB: Top Represented Industries & Keywords

Industries: Asset Management REIT - Diversified REIT - Office REIT - Healthcare Facilities REIT - Retail REIT - Residential Oil & Gas Midstream Credit Services Business Equipment REIT - Industrial Specialty Finance Tobacco Business Services Conglomerates Information Technology Services Insurance - Property & Casualty Oil & Gas E&P Oil & Gas Equipment & Services Packaged Foods Pharmaceutical Retailers