NRGU vs. AMND ETF Comparison

Comparison of MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) to ETRACS Alerian Midstream Energy High Dividend Index ETN (AMND)

NRGU

MicroSectors U.S. Big Oil Index 3X Leveraged ETN

NRGU Description

The investment seeks to reflect a 3x leveraged long exposure to the performance of the Solactive MicroSectorsTM U.S. Big Oil Index on a daily basis. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. listed stocks with the largest market capitalization in the energy/oil sector.

Grade (RS Rating)

Last Trade

$508.68

Average Daily Volume

22,018

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

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

$45.68

Average Daily Volume

182

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

Performance

Period	NRGU	AMND
30 Days	5.33%	4.05%
60 Days	-8.84%	6.12%
90 Days	-26.17%	4.76%
12 Months	47.63%	26.57%

0 Overlapping Holdings

	Symbol	Grade	Weight in NRGU	Weight in AMND	Overlap

NRGU Overweight 10 Positions Relative to AMND

	Symbol	Grade	Weight
	XOM	C	10.0%
	VLO	C	10.0%
	PXD	B	10.0%
	PSX	D	10.0%
	OXY	D	10.0%
	MPC	D	10.0%
	EOG	C	10.0%
	DVN	C	10.0%
	CVX	D	10.0%
	COP	D	10.0%

NRGU Underweight 19 Positions Relative to AMND

	Symbol	Grade	Weight
	MPLX	A	-10.62%
	TRP	B	-10.04%
	ENB	C	-9.84%
	EPD	A	-9.82%
	KMI	A	-8.82%
	WMB	A	-7.72%
	OKE	A	-6.54%
	ET	A	-5.58%
	CQP	C	-5.45%
	WES	A	-1.94%
	PAA	A	-1.88%
	AM	B	-1.54%
	KEY	C	-1.14%
	ETRN	D	-0.93%
	ENLC	A	-0.65%
	NS	D	-0.6%
	PAGP	A	-0.51%
	TRGP	A	-0.36%
	GEL	A	-0.27%

NRGU: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing Oil & Gas Integrated

Keywords: S&P 500 Natural Gas Petroleum Industry Natural Gas Liquids Petroleum Crude Oil Midstream Petroleum Products Chemical Natural Gas Processing Plastic Refined Products Commodity Petrochemicals Liquefied Natural Gas Oil And Gas Properties Permian Basin Petrochemical Propane Sulfur Transports Crude Oil

AMND: Top Represented Industries & Keywords

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

Keywords: Natural Gas Crude Oil Petroleum Industry Midstream Natural Gas Liquids Oil Pipeline Refined Products Crude Oil Pipeline Gas Pipeline Natural Gas Processing Natural Gas Storage Gas Gathering Gas Storage Facilities Natural Gas Pipeline Natural Gas Storage Facilities Pipeline Systems Propane S&P 500 Energy Services Gas Processing