ABEQ vs. MLPA ETF Comparison

Comparison of Absolute Core Strategy ETF (ABEQ) to Global X MLP ETF (MLPA)
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

$32.81

Average Daily Volume

5,926

Number of Holdings *

19

* may have additional holdings in another (foreign) market
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

$50.25

Average Daily Volume

97,317

Number of Holdings *

18

* may have additional holdings in another (foreign) market
Performance
Period ABEQ MLPA
30 Days -1.23% 6.05%
60 Days 0.16% 5.49%
90 Days 2.19% 6.81%
12 Months 19.37% 18.92%
0 Overlapping Holdings
Symbol Grade Weight in ABEQ Weight in MLPA Overlap
ABEQ Overweight 19 Positions Relative to MLPA
Symbol Grade Weight
BRK.A B 11.57%
L A 6.67%
UL D 6.26%
MDT D 4.54%
DD D 4.13%
TRV B 3.91%
CMCSA B 3.85%
EOG A 3.58%
CSCO B 3.39%
CTVA C 2.86%
IFF D 2.31%
HSY F 1.95%
DEO F 1.74%
MRK F 1.65%
CME A 1.25%
HON B 1.11%
EQC A 1.02%
VZ C 0.98%
GEHC C 0.97%
ABEQ Underweight 18 Positions Relative to MLPA
Symbol Grade Weight
ET A -13.35%
EPD A -12.4%
MPLX A -11.28%
WES C -9.45%
PAA B -8.9%
ENLC A -8.11%
SUN C -7.79%
HESM A -7.61%
CQP B -5.53%
USAC B -4.02%
GLP A -3.84%
SPH D -3.04%
GEL D -2.83%
DKL C -1.69%
MMLP A -0.0%
NGL C -0.0%
SGU B -0.0%
CAPL D -0.0%
Compare ETFs