SMHB vs. VRAI ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to Virtus Real Asset Income ETF (VRAI)

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

VRAI

Virtus Real Asset Income ETF

VRAI Description

The investment seeks investment results that correspond the price and yield performance of the Indxx Real Asset Income Index (the "underlying index"). Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the underlying index. The underlying index is designed to track the performance of U.S.-listed "Real Asset" companies, as defined by Indxx, LLC, the index provider of the underlying index. The underlying index includes common stock, real estate investment trusts, master limited partnerships, American depositary receipts and global depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.75

Average Daily Volume

880

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	VRAI
30 Days	6.21%	3.25%
60 Days	12.19%	8.46%
90 Days	16.29%	7.79%
12 Months	39.64%	22.62%

4 Overlapping Holdings

Symbol	Grade	Weight in SMHB	Weight in VRAI	Overlap
CCOI	B	1.51%	1.46%	1.46%
EPR	C	2.34%	1.21%	1.21%
HESM	C	0.59%	1.0%	0.59%
PAGP	B	1.88%	1.06%	1.06%

SMHB Overweight 87 Positions Relative to VRAI

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	B	2.41%
BGS	D	2.41%
SBRA	C	2.38%
ABR	C	2.21%
APAM	B	2.02%
UNIT	B	1.86%
UWMC	D	1.84%
ARR	D	1.65%
NHI	C	1.64%
ORC	D	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%
CTRE	C	1.16%
PETS	D	1.13%
MAIN	A	1.09%
HTGC	B	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	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%
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 75 Positions Relative to VRAI

Symbol	Grade	Weight
OUT	C	-1.38%
FDP	C	-1.36%
ROIC	C	-1.29%
IIPR	C	-1.28%
EPRT	C	-1.28%
AAT	C	-1.26%
BRX	C	-1.25%
PSA	C	-1.25%
KIM	C	-1.24%
SKT	A	-1.24%
OGS	C	-1.24%
ADC	C	-1.24%
BNL	C	-1.23%
NI	A	-1.23%
KT	C	-1.22%
CCI	D	-1.22%
AMT	D	-1.22%
WEC	B	-1.22%
FR	D	-1.21%
PNM	B	-1.21%
CUBE	C	-1.2%
LNT	B	-1.2%
CMS	A	-1.2%
TRNO	D	-1.19%
ORAN	F	-1.18%
REG	C	-1.18%
IVT	B	-1.18%
CWEN	C	-1.18%
REXR	D	-1.17%
AEP	C	-1.17%
CIG	C	-1.17%
AVA	D	-1.16%
EGP	D	-1.16%
MAA	D	-1.16%
CPT	C	-1.16%
ES	D	-1.16%
NSA	D	-1.14%
EXR	D	-1.14%
GGB	B	-1.13%
RHP	B	-1.13%
GFI	C	-1.13%
NJR	C	-1.13%
SCCO	B	-1.12%
NRP	A	-1.11%
VALE	D	-1.07%
SPOK	D	-1.07%
APLE	B	-1.06%
PBR	B	-1.06%
SID	D	-1.05%
PAA	B	-1.04%
ARLP	A	-1.04%
HST	D	-1.03%
TS	D	-1.02%
ENIC	D	-1.01%
INVH	D	-1.01%
EOG	B	-1.01%
WES	B	-1.01%
NEP	D	-1.0%
SBSW	C	-0.99%
DMLP	B	-0.98%
KRP	B	-0.98%
SBR	C	-0.96%
BSM	B	-0.96%
COP	D	-0.94%
FANG	D	-0.9%
EQNR	D	-0.9%
CTRA	D	-0.88%
APA	F	-0.84%
DVN	F	-0.84%
OVV	D	-0.81%
BRY	F	-0.79%
PTEN	F	-0.77%
GPRK	F	-0.77%
EC	F	-0.74%
NFE	F	-0.42%

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