OUSM vs. SMHB ETF Comparison

Comparison of O'Shares FTSE Russell Small Cap Quality Dividend ETF (OUSM) to ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB)

OUSM

O'Shares FTSE Russell Small Cap Quality Dividend ETF

OUSM Description

O'Shares FTSE US Small Cap Quality Dividend ETF is an exchange traded fund (ETF) that seeks investment performance that correlates generally to price and yield before fees and expenses of the FTSE USA Small Cap Qual/Vol/Yield Factor 3% Capped Index.

Grade (RS Rating)

Last Trade

$44.69

Average Daily Volume

76,703

Number of Holdings ^*

110

* 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

$6.24

Average Daily Volume

39,036

Number of Holdings ^*

91

* may have additional holdings in another (foreign) market

Performance

Period	OUSM	SMHB
30 Days	3.37%	6.21%
60 Days	7.70%	12.19%
90 Days	10.20%	16.29%
12 Months	31.09%	39.64%

4 Overlapping Holdings

	Symbol	Grade	Weight in OUSM	Weight in SMHB	Overlap
	APAM	B	0.82%	2.02%	0.82%
	EBF	B	0.39%	0.18%	0.18%
	UVV	D	0.16%	0.54%	0.16%
	VGR	B	0.19%	0.79%	0.19%

OUSM Overweight 106 Positions Relative to SMHB

	Symbol	Grade	Weight
	AOS	C	2.16%
	MSM	D	2.1%
	LECO	D	2.07%
	DLB	D	2.06%
	RHI	D	2.06%
	AVT	B	2.06%
	GNTX	D	2.04%
	DCI	B	2.0%
	CHE	D	1.99%
	HLI	A	1.97%
	SEIC	B	1.97%
	DOX	B	1.96%
	EHC	C	1.96%
	WU	D	1.95%
	TXRH	A	1.95%
	MTN	D	1.93%
	JNPR	C	1.92%
	PINC	F	1.92%
	HRB	C	1.92%
	NHC	D	1.91%
	OGN	F	1.79%
	RNR	A	1.74%
	G	A	1.71%
	SCI	D	1.66%
	SNX	C	1.66%
	INGR	B	1.49%
	NYT	C	1.45%
	ITT	C	1.44%
	LFUS	C	1.42%
	RLI	A	1.4%
	RDN	D	1.32%
	MKTX	B	1.25%
	LEA	F	1.24%
	MTG	A	1.16%
	CRI	D	1.14%
	LSTR	F	1.09%
	MLI	B	1.08%
	ESNT	A	0.97%
	BMI	A	0.93%
	EVR	C	0.93%
	FELE	C	0.89%
	VCTR	A	0.88%
	VSH	F	0.86%
	EXPO	A	0.86%
	BWA	C	0.82%
	IDCC	A	0.81%
	BRC	C	0.79%
	UFPI	C	0.78%
	WTS	C	0.78%
	TGNA	B	0.77%
	HLNE	A	0.76%
	CALM	A	0.73%
	PRGS	A	0.72%
	CNS	C	0.71%
	RL	B	0.71%
	COLM	B	0.7%
	WEN	B	0.69%
	SHOO	A	0.69%
	TW	A	0.67%
	PII	D	0.65%
	CR	A	0.65%
	OLED	B	0.61%
	WH	C	0.59%
	TPR	B	0.57%
	AMSF	B	0.54%
	DHIL	C	0.53%
	GL	C	0.53%
	FHI	A	0.53%
	AIT	B	0.53%
	WMG	D	0.53%
	LANC	F	0.51%
	PHIN	D	0.5%
	FLO	D	0.5%
	WHR	C	0.46%
	NI	A	0.46%
	FSS	D	0.43%
	SSD	B	0.41%
	MUSA	D	0.41%
	CHH	A	0.4%
	DKS	D	0.39%
	CASY	D	0.33%
	WTRG	D	0.31%
	NFG	A	0.31%
	PNW	C	0.29%
	REYN	D	0.29%
	KFRC	F	0.27%
	OGE	C	0.26%
	UGI	C	0.24%
	JJSF	C	0.21%
	IDA	D	0.2%
	WDFC	B	0.19%
	PSMT	A	0.17%
	POR	D	0.15%
	NJR	C	0.15%
	OTTR	F	0.15%
	ALE	A	0.14%
	OGS	C	0.14%
	BKH	C	0.12%
	MGEE	C	0.12%
	NWE	C	0.12%
	SR	D	0.12%
	AWR	B	0.11%
	CWT	D	0.11%
	WMK	D	0.11%
	AVA	D	0.09%
	CPK	C	0.08%

OUSM Underweight 87 Positions Relative to SMHB

	Symbol	Grade	Weight
	SLG	C	-4.87%
	XRX	D	-4.09%
	DTM	A	-3.81%
	BXMT	C	-3.43%
	DSS	F	-2.87%
	TWO	D	-2.87%
	CIM	C	-2.62%
	ETRN	D	-2.49%
	BDN	B	-2.41%
	BGS	D	-2.41%
	SBRA	C	-2.38%
	EPR	C	-2.34%
	ABR	C	-2.21%
	PAGP	B	-1.88%
	UNIT	B	-1.86%
	UWMC	D	-1.84%
	ARR	D	-1.65%
	NHI	C	-1.64%
	ORC	D	-1.51%
	CCOI	B	-1.51%
	PSEC	C	-1.47%
	IVR	C	-1.43%
	DEA	D	-1.35%
	PMT	B	-1.35%
	MFA	C	-1.27%
	RWT	C	-1.24%
	CTRE	C	-1.16%
	PETS	D	-1.13%
	MAIN	A	-1.09%
	HTGC	B	-1.03%
	ARI	F	-1.02%
	GNL	D	-1.01%
	FCPT	C	-1.0%
	EFC	D	-1.0%
	PDM	C	-0.99%
	GSBD	D	-0.94%
	NEWT	D	-0.94%
	NYMT	F	-0.93%
	LTC	D	-0.91%
	DX	D	-0.89%
	KREF	C	-0.8%
	NWBI	D	-0.77%
	GBDC	B	-0.73%
	CODI	D	-0.72%
	VNOM	A	-0.65%
	SCS	D	-0.65%
	RC	F	-0.65%
	ACRE	D	-0.64%
	LADR	D	-0.62%
	TSLX	B	-0.62%
	HESM	C	-0.59%
	OCSL	D	-0.54%
	AROC	B	-0.53%
	GMRE	C	-0.5%
	ILPT	D	-0.49%
	BRSP	D	-0.49%
	WSR	C	-0.46%
	ALX	D	-0.45%
	GTY	C	-0.44%
	OPI	F	-0.4%
	RMR	B	-0.38%
	NMFC	F	-0.38%
	UHT	D	-0.36%
	GPMT	D	-0.34%
	CSWC	B	-0.34%
	GOOD	A	-0.33%
	FSP	F	-0.29%
	TRTX	D	-0.29%
	TCPC	F	-0.27%
	AHH	F	-0.27%
	CGBD	B	-0.25%
	BCSF	A	-0.24%
	TPVG	F	-0.23%
	PFLT	A	-0.23%
	SLRC	C	-0.23%
	UVE	C	-0.22%
	BBDC	A	-0.22%
	KRO	C	-0.2%
	GAIN	B	-0.17%
	PNNT	B	-0.16%
	OLP	C	-0.16%
	FDUS	C	-0.16%
	GLAD	A	-0.15%
	BFS	C	-0.14%
	TRIN	C	-0.12%
	CCAP	C	-0.1%
	REPX	C	-0.07%

OUSM: Top Represented Industries & Keywords

Industries: Asset Management Diversified Industrials Utilities - Regulated Gas Packaged Foods Utilities - Diversified Utilities - Regulated Electric Auto Parts Capital Markets Apparel Manufacturing Business Services Utilities - Regulated Water Electronics Distribution Grocery Stores Industrial Distribution Insurance - Property & Casualty Insurance - Specialty Lodging Medical Care Personal Services Restaurants

Keywords: Natural Gas Electricity S&P 500 Chemical Plumbing Aerospace Clothing Insurance Beverage Computing Distribution Services Gas Transportation Propane Consumer Products Cooking Corrosion Department Store E-Commerce Electric Utility Electrical Engineering

SMHB: Top Represented Industries & Keywords

Industries: Asset Management REIT - Diversified REIT - Office REIT - Healthcare Facilities REIT - Retail Oil & Gas Midstream REIT - Residential 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

Keywords: Real Estate Investment Trust Private Equity Mortgage Loan Structured Finance Business Development Mortgage Backed Security Loan Mezzanine Capital Debt Real Estate Properties Residential Mortgage Backed Security Senior Debt Venture Capital Credit Real Estate Finance Real Estate Mortgage Investment Conduit Refinancing Subordinated Debt Banking Business Development Company