AMND vs. TAN ETF Comparison

Comparison of ETRACS Alerian Midstream Energy High Dividend Index ETN (AMND) to Invesco Solar ETF (TAN)

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

TAN

Invesco Solar ETF

TAN Description

The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index. The fund will generally invest at least 90% of its total assets in the securities (including American depositary receipts (?ADRs?)) that comprise the index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC compiles, maintains, and calculates the index, which is designed to track the global solar energy equity sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.64

Average Daily Volume

1,200,240

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AMND	TAN
30 Days	12.26%	-6.48%
60 Days	15.85%	-15.39%
90 Days	19.62%	-17.86%
12 Months	47.06%	-24.72%

0 Overlapping Holdings

	Symbol	Grade	Weight in AMND	Weight in TAN	Overlap

AMND Overweight 17 Positions Relative to TAN

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 16 Positions Relative to TAN

Symbol	Grade	Weight
FSLR	F	-9.67%
ENPH	F	-6.55%
RUN	F	-4.29%
HASI	D	-3.37%
ARRY	C	-3.08%
CWEN	C	-2.99%
DQ	F	-2.83%
JKS	F	-2.72%
AY	B	-2.33%
SEDG	F	-2.3%
SHLS	F	-2.2%
CSIQ	F	-1.81%
AMPS	C	-1.16%
NOVA	F	-1.12%
RNW	D	-0.94%
RENB	F	-0.64%

AMND: Top Represented Industries & Keywords

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