AMNA vs. EMLP ETF Comparison

Comparison of ETRACS Alerian Midstream Energy Index ETN (AMNA) to First Trust North American Energy Infrastructure Fund (EMLP)

AMNA

ETRACS Alerian Midstream Energy Index ETN

AMNA Description

The investment seeks to provide an unleveraged long exposure to the performance of the Alerian Midstream Energy Index, subject to a Daily Tracking Fee. The index is a broad based composite of North American energy infrastructure companies that earn the majority of their cash flow from midstream energy activities involving energy commodities. Investing in the Securities involves significant risks.

Grade (RS Rating)

Last Trade

$53.29

Average Daily Volume

193

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EMLP

First Trust North American Energy Infrastructure Fund

EMLP Description

The investment seeks total return. The fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities of companies deemed by the sub-advisor to be engaged in the energy infrastructure sector. These companies principally include publicly-traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs"), MLP affiliates, Canadian income trusts and their successor companies, pipeline companies, utilities, and other companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.65

Average Daily Volume

163,227

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AMNA	EMLP
30 Days	7.76%	4.42%
60 Days	15.57%	8.00%
90 Days	18.14%	12.01%
12 Months	50.67%	38.48%

4 Overlapping Holdings

Symbol	Grade	Weight in AMNA	Weight in EMLP	Overlap
CQP	B	8.07%	0.94%	0.94%
HESM	D	0.18%	0.64%	0.18%
KMI	A	9.34%	4.84%	4.84%
MPLX	A	3.41%	3.83%	3.41%

AMNA Overweight 6 Positions Relative to EMLP

Symbol	Grade	Weight
ENB	B	9.59%
PBA	D	5.04%
KEY	B	1.47%
AM	B	1.05%
TELL	B	0.32%
NGL	D	0.07%

AMNA Underweight 46 Positions Relative to EMLP

Symbol	Grade	Weight
EPD	A	-8.42%
ET	B	-7.05%
OKE	A	-5.21%
PAGP	D	-4.54%
DTM	A	-4.46%
SRE	A	-3.95%
TRGP	A	-3.43%
NFG	C	-2.94%
PEG	D	-2.75%
PPL	A	-2.45%
WMB	A	-2.38%
AEP	D	-2.25%
PWR	B	-2.24%
ATO	A	-1.64%
LNT	C	-1.59%
AES	F	-1.53%
LNG	B	-1.51%
ETR	B	-1.35%
FLR	C	-1.23%
SUN	D	-1.23%
VST	B	-1.19%
WEC	B	-1.19%
XEL	A	-1.19%
EVRG	A	-1.16%
DTE	D	-1.09%
CMS	D	-1.04%
OGS	B	-1.01%
WLKP	A	-0.81%
NEP	F	-0.75%
DUK	D	-0.74%
CNP	B	-0.64%
WTRG	B	-0.61%
CWEN	D	-0.54%
D	D	-0.54%
AROC	B	-0.52%
IDA	A	-0.5%
SO	D	-0.49%
NJR	B	-0.45%
CEG	D	-0.32%
AEE	A	-0.28%
CPK	B	-0.24%
USAC	B	-0.11%
EXC	D	-0.1%
UGI	D	-0.08%
AWK	D	-0.05%
ENLC	B	-0.0%