AMLP vs. USAI ETF Comparison

Comparison of Alerian MLP ETF (AMLP) to Pacer American Energy Independence ETF (USAI)

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

$48.49

Average Daily Volume

1,429,916

Number of Holdings ^*

* may have additional holdings in another (foreign) market

USAI

Pacer American Energy Independence ETF

USAI Description

The investment seeks to track the performance, before fees and expenses, of the American Energy Independence Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index and depositary receipts representing foreign securities. The index uses a proprietary, rules-based methodology to measure the performance of a portfolio of U.S. and Canadian exchange-listed equity securities of companies that generate a majority of their cash flow from certain qualifying midstream energy infrastructure activities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.92

Average Daily Volume

7,428

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AMLP	USAI
30 Days	5.01%	10.72%
60 Days	4.88%	17.44%
90 Days	6.28%	21.25%
12 Months	23.03%	48.28%

7 Overlapping Holdings

Symbol	Grade	Weight in AMLP	Weight in USAI	Overlap
ENLC	A	7.94%	2.31%	2.31%
EPD	A	12.71%	3.94%	3.94%
ET	A	13.09%	6.78%	6.78%
GEL	D	2.3%	1.28%	1.28%
HESM	A	6.31%	2.11%	2.11%
MPLX	A	13.04%	3.9%	3.9%
WES	C	11.44%	2.29%	2.29%

AMLP Overweight 7 Positions Relative to USAI

Symbol	Grade	Weight
PAA	B	11.92%
SUN	B	11.09%
CQP	B	4.01%
USAC	B	3.23%
GLP	A	2.51%
SPH	C	2.39%
DKL	C	0.96%

AMLP Underweight 13 Positions Relative to USAI

Symbol	Grade	Weight
KMI	A	-7.87%
WMB	A	-7.84%
OKE	A	-7.35%
TRGP	A	-4.7%
LNG	A	-4.38%
DTM	A	-3.64%
NEXT	B	-2.62%
AM	A	-2.46%
AROC	A	-2.42%
KNTK	A	-2.34%
EE	A	-2.19%
PAGP	A	-2.12%
NFE	F	-1.64%