AMLP vs. HIPS ETF Comparison
Comparison of Alerian MLP ETF (AMLP) to Master Income ETF (HIPS)
AMLP
Alerian MLP ETF
AMLP Description
The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index. The index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership ("MLP") asset class. The fund will normally invest at least 90% of its total assets in securities that comprise the index (or depositary receipts based on such securities). It is non-diversified.
Grade (RS Rating)
Last Trade
$49.63
Average Daily Volume
1,458,276
14
HIPS
Master Income ETF
HIPS Description
The Master Income ETF seeks to track the total return performance, before fees and expenses, of the TFMS HIPS 300 Index. The Index is constructed to capture 300 high income securities, typically with pass-through structures, across the following sectors: (i) closed-end funds (“CEFs”), (ii) mortgage real estate investment trusts (“REITs”), (iii) commercial equity REITs, (iv) residential/diversified REITs, (v) asset management and business development companies (“BDCs”), and (vi) energy production and energy transportation & processing companies. Energy-related companies included in the Index are expected to primarily be structured as master limited partnerships (“MLPs”). CEFs included in the Index are limited to taxable, debt-based funds and may include CEFs that invest primarily in bank loans, high-yield securities (also known as “junk bonds”), foreign securities (including those in emerging markets), and mortgage- or asset-backed securities. The Index is constituted using proprietary methodology developed by Trust and Fiduciary Management Services, Inc. The Index Provider determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index.Grade (RS Rating)
Last Trade
$13.16
Average Daily Volume
31,726
37
Performance
| Period | AMLP | HIPS |
|---|---|---|
| 30 Days | 7.87% | 3.55% |
| 60 Days | 6.26% | 1.87% |
| 90 Days | 7.80% | 3.35% |
| 12 Months | 25.01% | 20.42% |
AMLP Underweight 30 Positions Relative to HIPS
| Symbol | Grade | Weight | |
|---|---|---|---|
| BGX | A | -2.79% | |
| LTC | B | -2.79% | |
| JQC | A | -2.78% | |
| JFR | A | -2.75% | |
| ARCC | A | -2.72% | |
| SLRC | A | -2.66% | |
| FSK | A | -2.65% | |
| EFT | A | -2.64% | |
| FCT | A | -2.63% | |
| FDUS | A | -2.62% | |
| BXSL | A | -2.62% | |
| BLW | B | -2.6% | |
| DMLP | A | -2.6% | |
| GTY | B | -2.59% | |
| GBDC | C | -2.55% | |
| NBB | D | -2.54% | |
| KRP | B | -2.53% | |
| DSU | B | -2.52% | |
| ALX | D | -2.49% | |
| SBRA | C | -2.48% | |
| GLPI | C | -2.48% | |
| OHI | C | -2.46% | |
| BSM | B | -2.44% | |
| PK | B | -2.41% | |
| EPR | D | -2.28% | |
| NMFC | D | -2.26% | |
| GSBD | F | -2.2% | |
| NNN | D | -2.18% | |
| NHS | D | -2.02% | |
| GNL | F | -1.83% |
AMLP: Top Represented Industries & Keywords
HIPS: Top Represented Industries & Keywords
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