SMHB vs. HSMV ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

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 ^*

* may have additional holdings in another (foreign) market

HSMV

First Trust Horizon Managed Volatility Small/Mid ETF

HSMV Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in small- and/or mid-capitalization common stocks listed and traded on U.S. national securities exchanges that Sub-Advisor believes exhibit low future expected volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$36.39

Average Daily Volume

1,160

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	HSMV
30 Days	6.21%	1.88%
60 Days	12.19%	7.16%
90 Days	16.29%	10.13%
12 Months	39.64%	25.86%

6 Overlapping Holdings

Symbol	Grade	Weight in SMHB	Weight in HSMV	Overlap
CTRE	C	1.16%	1.6%	1.16%
DTM	A	3.81%	1.62%	1.62%
EFC	D	1.0%	0.83%	0.83%
EPR	C	2.34%	0.89%	0.89%
FCPT	C	1.0%	0.9%	0.9%
SBRA	C	2.38%	0.57%	0.57%

SMHB Overweight 85 Positions Relative to HSMV

Symbol	Grade	Weight
SLG	C	4.87%
XRX	D	4.09%
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%
ABR	C	2.21%
APAM	B	2.02%
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%
PETS	D	1.13%
MAIN	A	1.09%
HTGC	B	1.03%
ARI	F	1.02%
GNL	D	1.01%
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%
VGR	B	0.79%
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%
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	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%
EBF	B	0.18%
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%

SMHB Underweight 140 Positions Relative to HSMV

Symbol	Grade	Weight
ATR	A	-2.04%
ORI	A	-1.7%
POST	C	-1.7%
INGR	B	-1.67%
SEIC	B	-1.65%
OGE	C	-1.53%
CACI	A	-1.48%
IDA	D	-1.46%
MSGS	A	-1.37%
ADC	C	-1.33%
DCI	B	-1.33%
AMH	D	-1.31%
CHE	D	-1.29%
RLI	A	-1.28%
FLO	D	-1.26%
NJR	C	-1.22%
AM	A	-1.2%
NWE	C	-1.18%
NNN	C	-1.16%
NFG	A	-1.15%
FHI	A	-1.14%
OHI	C	-1.13%
POR	D	-1.11%
AFG	A	-1.08%
GNTX	D	-1.06%
MMS	C	-1.06%
GGG	C	-1.04%
GLPI	C	-1.04%
NYT	C	-1.02%
MDU	C	-0.97%
DLB	D	-0.93%
EHC	C	-0.91%
BKH	C	-0.89%
MSA	F	-0.87%
KBR	A	-0.85%
ELS	D	-0.83%
LSTR	F	-0.78%
ESNT	A	-0.78%
AVA	D	-0.77%
ENSG	D	-0.77%
PECO	C	-0.72%
PRI	A	-0.71%
AWR	B	-0.71%
CBSH	D	-0.71%
OGS	C	-0.71%
RNR	A	-0.7%
EGP	D	-0.7%
EPRT	C	-0.68%
PBH	D	-0.68%
LOPE	D	-0.67%
SLGN	B	-0.66%
CPK	C	-0.65%
RGA	B	-0.65%
RPM	A	-0.63%
CW	A	-0.63%
NMIH	B	-0.61%
AMG	B	-0.61%
AGO	B	-0.6%
SF	A	-0.6%
FCN	C	-0.59%
IDCC	A	-0.59%
PRGS	A	-0.59%
SCI	D	-0.58%
JHG	A	-0.58%
FELE	C	-0.57%
MTG	A	-0.57%
ACM	A	-0.56%
COLM	B	-0.56%
BCPC	C	-0.54%
CWT	D	-0.54%
ARW	C	-0.54%
RS	D	-0.52%
AVT	B	-0.52%
FNF	C	-0.52%
EPC	F	-0.52%
CHH	A	-0.52%
GATX	F	-0.51%
FR	D	-0.48%
FLS	A	-0.47%
LANC	F	-0.47%
MSM	D	-0.47%
LAMR	C	-0.46%
MUSA	D	-0.46%
BRX	C	-0.46%
RYN	C	-0.45%
CHDN	C	-0.44%
PFGC	A	-0.43%
ASH	F	-0.42%
BWXT	A	-0.42%
BLKB	C	-0.42%
FAF	C	-0.41%
SAIC	A	-0.41%
RDN	D	-0.41%
PB	D	-0.4%
JEF	A	-0.39%
CLH	B	-0.39%
ENR	B	-0.39%
CNO	B	-0.39%
MAN	D	-0.38%
ITT	C	-0.38%
LXP	D	-0.38%
GPK	D	-0.38%
RGLD	C	-0.35%
ABM	D	-0.35%
IOSP	F	-0.35%
BJ	B	-0.35%
CSL	A	-0.34%
AGCO	D	-0.33%
FNB	D	-0.33%
JJSF	C	-0.33%
COOP	B	-0.33%
LECO	D	-0.33%
MTN	D	-0.31%
G	A	-0.31%
JAZZ	F	-0.31%
EXEL	B	-0.3%
KEX	C	-0.3%
EVR	C	-0.3%
MIDD	D	-0.29%
CRI	D	-0.28%
HRB	C	-0.28%
ALV	F	-0.28%
ONB	D	-0.28%
KFY	C	-0.28%
CUBE	C	-0.27%
LFUS	C	-0.27%
EVTC	D	-0.27%
R	C	-0.27%
LII	C	-0.26%
ORA	C	-0.26%
OSK	F	-0.26%
AIN	F	-0.26%
FSS	D	-0.25%
HXL	F	-0.24%
PLXS	A	-0.24%
REXR	D	-0.24%
CASY	D	-0.24%
IRT	D	-0.23%
PCH	C	-0.21%
NSA	D	-0.15%

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