SMHB vs. SIXS ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to 6 Meridian Small Cap Equity ETF (SIXS)

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 ^*

* may have additional holdings in another (foreign) market

SIXS

6 Meridian Small Cap Equity ETF

SIXS Description

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in small-capitalization equity securities. The Sub-Adviser considers small-capitalization companies to be the smallest 75% of stocks included in the Russell 3000 Index by market capitalization. Although it invests primarily in small-capitalization securities, the fund may invest in equity securities of companies of any capitalization. The equity securities in which it invests are mainly common stocks.

Grade (RS Rating)

Last Trade

$48.25

Average Daily Volume

2,302

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	SIXS
30 Days	5.64%	-2.24%
60 Days	3.72%	0.04%
90 Days	13.97%	7.53%
12 Months	37.51%	16.65%

3 Overlapping Holdings

Symbol	Grade	Weight in SMHB	Weight in SIXS	Overlap
GTY	C	0.44%	1.12%	0.44%
LTC	D	0.91%	1.12%	0.91%
PMT	C	1.35%	1.14%	1.14%

SMHB Overweight 88 Positions Relative to SIXS

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%
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%
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%
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 76 Positions Relative to SIXS

Symbol	Grade	Weight
HCI	B	-2.47%
CALM	B	-2.41%
COLL	B	-2.31%
AGO	B	-2.3%
PRDO	D	-2.26%
INVA	B	-2.2%
AMR	F	-1.32%
HCC	B	-1.31%
PRGS	B	-1.28%
CEIX	B	-1.26%
PLAB	D	-1.22%
MHO	C	-1.19%
BRC	C	-1.19%
RES	D	-1.18%
REX	D	-1.18%
ATEN	B	-1.17%
ATGE	D	-1.16%
LRN	C	-1.16%
NABL	F	-1.16%
AMBC	F	-1.16%
MGEE	C	-1.16%
SMPL	D	-1.15%
MSGS	A	-1.15%
ANDE	D	-1.15%
TR	D	-1.15%
DNOW	F	-1.15%
FIZZ	D	-1.15%
HSII	C	-1.15%
RGR	F	-1.15%
VRTS	F	-1.15%
BKE	D	-1.15%
ZEUS	F	-1.15%
CVI	F	-1.14%
MCY	B	-1.14%
ENVA	D	-1.14%
JJSF	B	-1.14%
WNC	F	-1.13%
GDEN	D	-1.13%
MMSI	C	-1.13%
AWR	A	-1.13%
HMN	B	-1.13%
JBSS	F	-1.13%
SCSC	D	-1.13%
SPTN	B	-1.13%
PUMP	F	-1.12%
NPK	F	-1.12%
PFBC	D	-1.12%
EIG	B	-1.12%
SPNT	D	-1.12%
DVAX	D	-1.12%
THS	C	-1.11%
VIRT	B	-1.11%
AMSF	B	-1.11%
BOX	C	-1.11%
GIII	C	-1.11%
HSTM	B	-1.1%
SAFT	D	-1.1%
WRLD	D	-1.1%
RDN	D	-1.1%
FDP	C	-1.1%
MOV	F	-1.09%
HP	F	-1.09%
LBRT	F	-1.09%
PINC	F	-1.09%
ENSG	D	-1.09%
RAMP	F	-1.09%
MTUS	F	-1.08%
DXC	D	-1.08%
AX	D	-1.07%
PBH	D	-1.07%
LPG	F	-1.07%
CLW	F	-1.06%
CUBI	F	-1.03%
SM	F	-1.03%
OGN	F	-1.01%
EZPW	D	-1.01%

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