SMHB vs. CAMX ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to The Advisors? Inner Circle Fund Cambiar Aggressive Value ETF (CAMX)

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

$5.58

Average Daily Volume

40,001

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CAMX

The Advisors? Inner Circle Fund Cambiar Aggressive Value ETF

CAMX Description

Under normal circumstances, the fund primarily invests in equity securities of companies located in the United States. The fund typically invests in a portfolio of 20-30 issuers that Cambiar Investors, the fund"s investment adviser, believes represent the best opportunities for long-term capital appreciation. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.26

Average Daily Volume

311

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	CAMX
30 Days	-9.80%	1.56%
60 Days	-10.51%	3.04%
90 Days	-1.80%	2.19%
12 Months	14.54%	21.57%

0 Overlapping Holdings

	Symbol	Grade	Weight in SMHB	Weight in CAMX	Overlap

SMHB Overweight 90 Positions Relative to CAMX

Symbol	Grade	Weight
SLG	B	4.87%
XRX	F	4.09%
DTM	A	3.81%
BXMT	C	3.43%
DSS	F	2.87%
TWO	F	2.87%
CIM	D	2.62%
BDN	C	2.41%
BGS	F	2.41%
SBRA	C	2.38%
EPR	C	2.34%
ABR	C	2.21%
APAM	B	2.02%
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	C	1.35%
MFA	D	1.27%
RWT	D	1.24%
CTRE	C	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	C	0.94%
NYMT	C	0.93%
LTC	B	0.91%
DX	B	0.89%
KREF	C	0.8%
VGR	B	0.79%
NWBI	B	0.77%
GBDC	D	0.73%
CODI	B	0.72%
VNOM	A	0.65%
SCS	C	0.65%
RC	D	0.65%
ACRE	B	0.64%
LADR	B	0.62%
TSLX	C	0.62%
HESM	B	0.59%
UVV	B	0.54%
OCSL	F	0.54%
AROC	A	0.53%
GMRE	F	0.5%
ILPT	F	0.49%
BRSP	C	0.49%
WSR	A	0.46%
ALX	D	0.45%
GTY	A	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	B	0.29%
TRTX	C	0.29%
TCPC	C	0.27%
AHH	D	0.27%
CGBD	C	0.25%
BCSF	C	0.24%
TPVG	B	0.23%
PFLT	D	0.23%
SLRC	A	0.23%
UVE	B	0.22%
BBDC	A	0.22%
KRO	C	0.2%
EBF	F	0.18%
GAIN	B	0.17%
PNNT	C	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 Underweight 23 Positions Relative to CAMX

Symbol	Grade	Weight
DAL	B	-6.91%
AL	B	-5.1%
BMY	B	-4.65%
LH	B	-4.54%
CMCSA	B	-4.24%
MDT	D	-4.21%
ET	A	-4.07%
CME	B	-4.02%
UNP	C	-4.02%
GOOGL	C	-4.01%
TXN	C	-3.95%
PPG	F	-3.72%
ELV	F	-3.51%
DEO	F	-3.26%
ABNB	C	-2.95%
CNC	D	-2.83%
UBER	F	-2.81%
CVX	A	-2.65%
CTVA	C	-2.54%
EL	F	-2.33%
GS	A	-2.02%
AXP	A	-1.57%
AMAT	F	-1.16%

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