MLPR vs. PXE ETF Comparison

Comparison of ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) to PowerShares Dynamic Energy E&P (PXE)
MLPR

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN

MLPR Description

The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the Alerian MLP Index, reduced by the Accrued Fees. The index measures the composite performance of energy MLPs, and is calculated by S&P using a capped, float-adjusted, capitalization-weighted methodology. The index Constituent Securities earn the majority of their cash flow from qualifying midstream activities involving energy commodities.

Grade (RS Rating)

Last Trade

$58.58

Average Daily Volume

1,368

Number of Holdings *

12

* may have additional holdings in another (foreign) market
PXE

PowerShares Dynamic Energy E&P

PXE Description The PowerShares Energy Exploration & Production Portfolio (Fund) is based on the Dynamic Energy Exploration & Production IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is composed of stocks of 30 U.S. companies involved in the exploration and production of natural resources used to produce energy. These companies are engaged principally in exploration, extraction and production of crude oil and natural gas from land-based or offshore wells. These companies include petroleum refineries that process the crude oil into finished products, such as gasoline and automotive lubricants, and companies involved in gathering and processing natural gas, and manufacturing natural gas liquid. The Fund is rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$31.85

Average Daily Volume

43,182

Number of Holdings *

29

* may have additional holdings in another (foreign) market
Performance
Period MLPR PXE
30 Days 3.87% 5.27%
60 Days 10.12% 6.32%
90 Days 0.97% -2.05%
12 Months 40.50% 7.90%
0 Overlapping Holdings
Symbol Grade Weight in MLPR Weight in PXE Overlap
MLPR Overweight 12 Positions Relative to PXE
Symbol Grade Weight
MPLX B 10.54%
EPD A 9.91%
PAA B 9.42%
ET A 9.16%
WES B 8.79%
ENLC A 4.79%
CQP D 3.9%
GEL D 2.47%
HESM C 1.26%
DKL B 0.8%
NGL D 0.53%
MMLP B 0.2%
MLPR Underweight 29 Positions Relative to PXE
Symbol Grade Weight
CTRA D -5.2%
PSX D -5.18%
VLO F -5.12%
MPC D -5.11%
EOG B -5.05%
OVV D -4.71%
FANG D -4.65%
DVN F -4.63%
CNX A -3.32%
CHK C -3.28%
GPOR B -3.1%
RRC D -2.99%
NFG A -2.98%
CRC B -2.85%
CRGY B -2.81%
PBF F -2.78%
DINO F -2.77%
MGY B -2.76%
DK F -2.75%
CVI D -2.75%
HPK D -2.73%
GRNT D -2.67%
MUR F -2.58%
CHRD F -2.57%
NOG D -2.55%
SM D -2.5%
MTDR D -2.5%
CIVI F -2.47%
PARR F -2.39%
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