ABEQ vs. AMND ETF Comparison
Comparison of Absolute Core Strategy ETF (ABEQ) to ETRACS Alerian Midstream Energy High Dividend Index ETN (AMND)
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
$30.06
Average Daily Volume
5,371
15
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
$43.05
Average Daily Volume
81
19
Performance
| Period | ABEQ | AMND |
|---|---|---|
| 30 Days | -0.83% | -1.09% |
| 60 Days | 3.63% | 4.85% |
| 90 Days | 4.65% | 8.32% |
| 12 Months | 6.18% | 25.05% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ABEQ | Weight in AMND | Overlap |
|---|
ABEQ Underweight 19 Positions Relative to AMND
ABEQ: Top Represented Industries & Keywords
AMND: Top Represented Industries & Keywords
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