PFFL vs. CEFD ETF Comparison

Comparison of ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048 (PFFL) to ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD)
PFFL

ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048

PFFL Description

The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive Preferred Stock ETF Index (the “index”). The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. 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

$10.34

Average Daily Volume

2,855

Number of Holdings *

2

* may have additional holdings in another (foreign) market
CEFD

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN

CEFD Description The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the S-Network Composite Closed-End Fund Index (the ?index?), reduced by the Accrued Fees. The index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield.

Grade (RS Rating)

Last Trade

$20.52

Average Daily Volume

1,992

Number of Holdings *

99

* may have additional holdings in another (foreign) market
Performance
Period PFFL CEFD
30 Days -1.40% 0.92%
60 Days 3.09% 6.18%
90 Days 9.70% 9.55%
12 Months 28.77% 35.76%
0 Overlapping Holdings
Symbol Grade Weight in PFFL Weight in CEFD Overlap
PFFL Overweight 2 Positions Relative to CEFD
Symbol Grade Weight
PFF B 50.23%
PGX D 49.77%
PFFL Underweight 99 Positions Relative to CEFD
Symbol Grade Weight
EVV A -2.63%
BDJ A -2.39%
HYT A -2.19%
BTZ B -2.16%
NXDT C -1.9%
AWF C -1.83%
DSL C -1.77%
JQC A -1.66%
BXMX A -1.65%
EMD D -1.5%
WIW A -1.37%
BHK D -1.3%
QQQX A -1.26%
BOE C -1.23%
BCX A -1.2%
HIO A -1.19%
JPC A -1.18%
RA B -1.17%
GHY A -1.16%
BGY D -1.09%
CII A -1.07%
HIX B -1.01%
BIT B -1.01%
EOS A -1.0%
IGD B -0.98%
EFT A -0.95%
HTD C -0.94%
BST B -0.92%
BLW B -0.92%
EAD C -0.9%
ISD A -0.88%
LDP C -0.84%
FFC D -0.83%
EFR A -0.82%
FRA A -0.82%
TEI D -0.75%
PHK A -0.75%
EOI A -0.73%
MIN B -0.71%
EHI D -0.71%
NBB D -0.71%
MCR D -0.7%
PDT D -0.69%
DIAX A -0.69%
PPT D -0.67%
WIA D -0.66%
MMT D -0.64%
GOF A -0.64%
JPI B -0.63%
BKT D -0.62%
PFN B -0.59%
JGH C -0.59%
FCT A -0.58%
ERC D -0.57%
HPS D -0.55%
HYI A -0.55%
DFP D -0.55%
BME D -0.54%
BGT C -0.49%
HPI D -0.47%
PHD A -0.44%
BGH A -0.44%
FTF D -0.43%
GBAB D -0.42%
HYB D -0.39%
EVG B -0.38%
IDE A -0.38%
DHF A -0.38%
PHT B -0.38%
TSI D -0.37%
ETB A -0.37%
FT B -0.37%
STK A -0.37%
DHY C -0.36%
HPF D -0.36%
MSD D -0.34%
INSI D -0.34%
FFA A -0.32%
DBL D -0.31%
GDO D -0.31%
PSF D -0.31%
VBF D -0.3%
BGR B -0.3%
PIM D -0.3%
PFL C -0.29%
IGA B -0.29%
OPP D -0.29%
SPXX A -0.27%
FLC D -0.24%
MCN F -0.24%
CIK D -0.24%
WEA B -0.22%
FAM B -0.21%
VLT B -0.19%
MGF D -0.19%
VGI B -0.18%
HEQ D -0.18%
GNT D -0.14%
JLS B -0.14%
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