SMHB vs. FLUD ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to Franklin Liberty Ultra Short Bond ETF (FLUD)
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

$6.17

Average Daily Volume

40,512

Number of Holdings *

91

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

Franklin Liberty Ultra Short Bond ETF

FLUD Description The investment seeks a high level of current income as is consistent with prudent investing, while seeking preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in bonds and investments that provide exposure to bonds. It targets an estimated average portfolio duration of one (1) year or less. The fund invests predominantly in U.S. dollar denominated, investment grade debt securities and investments. It may invest in U.S. dollar denominated foreign securities, including emerging market securities.

Grade (RS Rating)

Last Trade

$24.85

Average Daily Volume

3,246

Number of Holdings *

20

* may have additional holdings in another (foreign) market
Performance
Period SMHB FLUD
30 Days 5.64% 0.50%
60 Days 3.72% 0.86%
90 Days 13.97% 1.36%
12 Months 37.51% 3.10%
0 Overlapping Holdings
Symbol Grade Weight in SMHB Weight in FLUD Overlap
SMHB Overweight 91 Positions Relative to FLUD
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 A 2.41%
BGS D 2.41%
SBRA C 2.38%
EPR C 2.34%
ABR C 2.21%
APAM C 2.02%
PAGP D 1.88%
UNIT B 1.86%
UWMC D 1.84%
ARR D 1.65%
NHI C 1.64%
ORC C 1.51%
CCOI B 1.51%
PSEC C 1.47%
IVR C 1.43%
DEA D 1.35%
PMT C 1.35%
MFA C 1.27%
RWT C 1.24%
CTRE B 1.16%
PETS D 1.13%
MAIN B 1.09%
HTGC C 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 D 0.93%
LTC D 0.91%
DX C 0.89%
KREF C 0.8%
VGR B 0.79%
NWBI D 0.77%
GBDC B 0.73%
CODI D 0.72%
VNOM B 0.65%
SCS D 0.65%
RC F 0.65%
ACRE D 0.64%
LADR D 0.62%
TSLX D 0.62%
HESM D 0.59%
UVV D 0.54%
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 C 0.45%
GTY C 0.44%
OPI F 0.4%
RMR B 0.38%
NMFC F 0.38%
UHT C 0.36%
GPMT D 0.34%
CSWC C 0.34%
GOOD A 0.33%
FSP D 0.29%
TRTX D 0.29%
TCPC F 0.27%
AHH F 0.27%
CGBD B 0.25%
BCSF B 0.24%
TPVG F 0.23%
PFLT A 0.23%
SLRC D 0.23%
UVE C 0.22%
BBDC D 0.22%
KRO B 0.2%
EBF C 0.18%
GAIN B 0.17%
PNNT B 0.16%
OLP C 0.16%
FDUS C 0.16%
GLAD A 0.15%
BFS A 0.14%
TRIN C 0.12%
CCAP C 0.1%
REPX C 0.07%
SMHB Underweight 20 Positions Relative to FLUD
Symbol Grade Weight
DD B -4.1%
GE C -4.08%
AZN D -4.07%
EBAY A -4.06%
C B -4.06%
GJS B -4.04%
CAF A -4.02%
MCHP F -3.98%
BIIB F -2.75%
TMO C -2.69%
BA F -2.69%
HRL F -2.67%
KMI A -1.45%
COF C -1.38%
ET C -1.38%
BAC D -1.35%
ABBV A -1.35%
CM B -1.35%
BMO B -1.35%
RPRX B -1.34%
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