AMLP vs. AMND ETF Comparison

Comparison of Alerian MLP ETF (AMLP) to ETRACS Alerian Midstream Energy High Dividend Index ETN (AMND)

AMLP

Alerian MLP ETF

AMLP Description

The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index. The index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership ("MLP") asset class. The fund will normally invest at least 90% of its total assets in securities that comprise the index (or depositary receipts based on such securities). It is non-diversified.

Grade (RS Rating)

Last Trade

$48.35

Average Daily Volume

1,321,842

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AMND

ETRACS Alerian Midstream Energy High Dividend Index ETN

AMND Description

The investment seeks a return linked to the performance of the Alerian Midstream Energy Dividend Index (the ?index?). The index is a fundamentally-weighted index based on the liquid, dividend-paying portion of the North American energy infrastructure market. The securities do not have a minimum payment at maturity, upon redemption or upon call and are fully exposed to any decline in the index. The payment investors receive on the securities at maturity, early redemption or upon exercise by UBS of its call right will depend on the performance of the index, as measured by the Current Principal Amount.

Grade (RS Rating)

Last Trade

$52.02

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AMLP	AMND
30 Days	2.70%	7.04%
60 Days	4.43%	11.03%
90 Days	5.98%	15.41%
12 Months	21.72%	42.17%

8 Overlapping Holdings

Symbol	Grade	Weight in AMLP	Weight in AMND	Overlap
CQP	C	4.14%	5.45%	4.14%
ENLC	A	7.85%	0.65%	0.65%
EPD	A	12.39%	9.82%	9.82%
ET	B	12.98%	5.58%	5.58%
GEL	F	2.43%	0.27%	0.27%
MPLX	B	12.9%	10.62%	10.62%
PAA	C	11.9%	1.88%	1.88%
WES	D	11.93%	1.94%	1.94%

AMLP Overweight 6 Positions Relative to AMND

Symbol	Grade	Weight
SUN	D	11.25%
HESM	C	6.45%
USAC	C	3.16%
GLP	B	2.49%
SPH	B	2.43%
DKL	D	1.01%

AMLP Underweight 9 Positions Relative to AMND

Symbol	Grade	Weight
TRP	A	-10.04%
ENB	A	-9.84%
KMI	A	-8.82%
WMB	A	-7.72%
OKE	A	-6.54%
AM	B	-1.54%
KEY	B	-1.14%
PAGP	C	-0.51%
TRGP	A	-0.36%

AMND: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Oil & Gas Pipelines Banks - Regional - US