AMND vs. ABEQ ETF Comparison

Comparison of ETRACS Alerian Midstream Energy High Dividend Index ETN (AMND) to Absolute Core Strategy ETF (ABEQ)

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

$55.59

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ABEQ

Absolute Core Strategy ETF

ABEQ Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.07

Average Daily Volume

5,821

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AMND	ABEQ
30 Days	12.26%	-0.02%
60 Days	15.85%	1.16%
90 Days	19.62%	2.43%
12 Months	47.06%	20.55%

0 Overlapping Holdings

	Symbol	Grade	Weight in AMND	Weight in ABEQ	Overlap

AMND Overweight 17 Positions Relative to ABEQ

Symbol	Grade	Weight
MPLX	A	10.62%
TRP	A	10.04%
ENB	A	9.84%
EPD	A	9.82%
KMI	A	8.82%
WMB	A	7.72%
OKE	A	6.54%
ET	A	5.58%
CQP	B	5.45%
WES	C	1.94%
PAA	B	1.88%
AM	A	1.54%
KEY	B	1.14%
ENLC	A	0.65%
PAGP	A	0.51%
TRGP	B	0.36%
GEL	D	0.27%

AMND Underweight 18 Positions Relative to ABEQ

Symbol	Grade	Weight
BRK.A	B	-11.57%
L	A	-6.76%
UL	D	-6.19%
MDT	D	-4.3%
DD	D	-4.11%
TRV	B	-3.91%
CMCSA	B	-3.76%
EOG	A	-3.6%
CSCO	B	-3.28%
CTVA	C	-3.01%
IFF	D	-2.29%
HSY	F	-1.86%
DEO	F	-1.7%
MRK	F	-1.65%
CME	A	-1.24%
HON	B	-1.06%
VZ	C	-1.02%
GEHC	F	-0.93%

AMND: Top Represented Industries & Keywords

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