AMNA vs. ABEQ ETF Comparison
Comparison of ETRACS Alerian Midstream Energy Index ETN (AMNA) to Absolute Core Strategy ETF (ABEQ)
AMNA
ETRACS Alerian Midstream Energy Index ETN
AMNA Description
The investment seeks to provide an unleveraged long exposure to the performance of the Alerian Midstream Energy Index, subject to a Daily Tracking Fee. The index is a broad based composite of North American energy infrastructure companies that earn the majority of their cash flow from midstream energy activities involving energy commodities. Investing in the Securities involves significant risks.
Grade (RS Rating)
Last Trade
$56.45
Average Daily Volume
189
Number of Holdings
*
10
* may have additional holdings in another (foreign) market
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
$32.85
Average Daily Volume
5,950
Number of Holdings
*
19
* may have additional holdings in another (foreign) market
Performance
Period | AMNA | ABEQ |
---|---|---|
30 Days | 13.84% | -0.61% |
60 Days | 20.49% | 0.76% |
90 Days | 22.87% | 1.75% |
12 Months | 54.75% | 19.75% |
0 Overlapping Holdings
Symbol | Grade | Weight in AMNA | Weight in ABEQ | Overlap |
---|
AMNA Underweight 19 Positions Relative to ABEQ
AMNA: Top Represented Industries & Keywords
Industries:
Oil & Gas Midstream
Banks - Regional - US
Oil & Gas E&P
Oil & Gas Pipelines
Oil & Gas Refining & Marketing
Keywords:
Natural Gas
Crude Oil
Natural Gas Liquids
Petroleum Industry
Midstream
Industrial Gases
Natural Gas Processing
Oil Pipeline
Crude Oil Pipeline
Energy Services
Energy Transportation
Fuel
Gas Pipeline
Hydrocarbons
Liquefied Natural Gas
Natural Gas Pipeline
Petroleum
S&P 500
S&P/Tsx 60 Index
Segment Transports Crude Oil
ABEQ: Top Represented Industries & Keywords
Industries:
Insurance - Property & Casualty
Agricultural Inputs
Beverages - Wineries & Distilleries
Chemicals
Communication Equipment
Confectioners
Diversified Industrials
Drug Manufacturers - Major
Financial Data & Stock Exchanges
Health Information Services
Household & Personal Products
Insurance - Diversified
Medical Devices
Oil & Gas E&P
Pay TV
REIT - Office
Specialty Chemicals
Telecom Services