MLPA vs. AMND ETF Comparison
Comparison of Global X MLP ETF (MLPA) to ETRACS Alerian Midstream Energy High Dividend Index ETN (AMND)
MLPA
Global X MLP ETF
MLPA Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$49.45
Average Daily Volume
96,316
18
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
$53.73
Average Daily Volume
65
17
Performance
Period | MLPA | AMND |
---|---|---|
30 Days | 5.07% | 8.13% |
60 Days | 4.94% | 13.89% |
90 Days | 6.22% | 17.01% |
12 Months | 18.76% | 43.45% |
MLPA: Top Represented Industries & Keywords
AMND: Top Represented Industries & Keywords