SMHB vs. VNSE ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to Natixis Vaughan Nelson Select ETF (VNSE)

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

$5.62

Average Daily Volume

46,915

Number of Holdings ^*

91

* may have additional holdings in another (foreign) market

VNSE

Natixis Vaughan Nelson Select ETF

VNSE Description

The investment seeks long-term capital appreciation. The fund, under normal market conditions, will invest primarily in equity securities, including exchange-traded common stocks, exchange-traded preferred stocks and exchange-traded real estate investment trusts (REITs). Typically, its portfolio will generally hold 20 to 40 securities. The fund may invest in companies with any market capitalization, although, it will typically focus its investments in mid- to large- capitalization companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.32

Average Daily Volume

2,872

Number of Holdings ^*

26

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	VNSE
30 Days	-7.12%	2.20%
60 Days	-4.66%	3.43%
90 Days	-5.20%	0.17%
12 Months	16.61%	15.72%

0 Overlapping Holdings

	Symbol	Grade	Weight in SMHB	Weight in VNSE	Overlap

SMHB Overweight 91 Positions Relative to VNSE

	Symbol	Grade	Weight
	SLG	B	4.87%
	XRX	F	4.09%
	DTM	B	3.81%
	BXMT	C	3.43%
	DSS	F	2.87%
	TWO	B	2.87%
	CIM	C	2.62%
	ETRN	D	2.49%
	BDN	D	2.41%
	BGS	F	2.41%
	SBRA	A	2.38%
	EPR	C	2.34%
	ABR	B	2.21%
	APAM	D	2.02%
	PAGP	B	1.88%
	UNIT	D	1.86%
	UWMC	D	1.84%
	ARR	B	1.65%
	NHI	A	1.64%
	ORC	C	1.51%
	CCOI	D	1.51%
	PSEC	C	1.47%
	IVR	C	1.43%
	DEA	B	1.35%
	PMT	C	1.35%
	MFA	B	1.27%
	RWT	B	1.24%
	CTRE	A	1.16%
	PETS	F	1.13%
	MAIN	A	1.09%
	HTGC	A	1.03%
	ARI	D	1.02%
	GNL	C	1.01%
	FCPT	B	1.0%
	EFC	B	1.0%
	PDM	B	0.99%
	GSBD	A	0.94%
	NEWT	D	0.94%
	NYMT	F	0.93%
	LTC	A	0.91%
	DX	D	0.89%
	KREF	D	0.8%
	VGR	C	0.79%
	NWBI	C	0.77%
	GBDC	C	0.73%
	CODI	D	0.72%
	VNOM	B	0.65%
	SCS	C	0.65%
	RC	C	0.65%
	ACRE	D	0.64%
	LADR	A	0.62%
	TSLX	A	0.62%
	HESM	A	0.59%
	UVV	D	0.54%
	OCSL	D	0.54%
	AROC	B	0.53%
	GMRE	B	0.5%
	ILPT	F	0.49%
	BRSP	D	0.49%
	WSR	B	0.46%
	ALX	B	0.45%
	GTY	D	0.44%
	OPI	F	0.4%
	RMR	D	0.38%
	NMFC	C	0.38%
	UHT	C	0.36%
	GPMT	F	0.34%
	CSWC	A	0.34%
	GOOD	B	0.33%
	FSP	F	0.29%
	TRTX	B	0.29%
	TCPC	B	0.27%
	AHH	B	0.27%
	CGBD	B	0.25%
	BCSF	A	0.24%
	TPVG	F	0.23%
	PFLT	B	0.23%
	SLRC	B	0.23%
	UVE	D	0.22%
	BBDC	A	0.22%
	KRO	D	0.2%
	EBF	B	0.18%
	GAIN	B	0.17%
	PNNT	A	0.16%
	OLP	B	0.16%
	FDUS	C	0.16%
	GLAD	A	0.15%
	BFS	C	0.14%
	TRIN	D	0.12%
	CCAP	A	0.1%
	REPX	C	0.07%

SMHB Underweight 26 Positions Relative to VNSE

	Symbol	Grade	Weight
	MSFT	A	-7.61%
	NVDA	B	-6.94%
	GOOGL	A	-6.35%
	AMZN	A	-6.3%
	MPWR	B	-5.63%
	JPM	B	-5.02%
	ZTS	C	-4.57%
	DIS	D	-4.02%
	ORLY	C	-3.85%
	ICE	A	-3.77%
	BRK.A	C	-3.74%
	ON	C	-3.71%
	DXCM	D	-3.51%
	INTU	A	-3.46%
	SAIA	C	-3.18%
	KNSL	F	-3.12%
	CTVA	D	-3.06%
	DHR	D	-3.02%
	SHW	D	-2.88%
	NOW	A	-2.33%
	EL	F	-2.33%
	AR	D	-2.17%
	KOS	F	-1.98%
	UNP	D	-1.96%
	DASH	C	-1.96%
	COKE	B	-0.43%

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

Keywords: Real Estate Investment Trust Private Equity Mortgage Loan Structured Finance Business Development Mortgage Backed Security Loan Mezzanine Capital Debt Real Estate Properties Residential Mortgage Backed Security Senior Debt Venture Capital Credit Real Estate Finance Real Estate Mortgage Investment Conduit Refinancing Subordinated Debt Banking Business Development Company

VNSE: Top Represented Industries & Keywords

Industries: Semiconductors Diagnostics & Research Oil & Gas E&P Software - Application Specialty Retail Agricultural Inputs Banks - Global Beverages - Soft Drinks Drug Manufacturers - Specialty & Generic Financial Data & Stock Exchanges Household & Personal Products Insurance - Diversified Insurance - Property & Casualty Internet Content & Information Internet Content & Information Media - Diversified Railroads Software - Infrastructure Specialty Chemicals Trucking

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Smartphones Hyperscale Payment Processing Work From Home Beverage Products Design Manufacturers Electronic Devices Electronic Engineering Electronic Manufacturing Service Electronic Manufacturing Service Providers Energy Products Freight Transport Games IBD 50 Integrated Circuits Mobile Devices