AMND vs. DFNL ETF Comparison

Comparison of ETRACS Alerian Midstream Energy High Dividend Index ETN (AMND) to Davis Select Financial ETF (DFNL)

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFNL

Davis Select Financial ETF

DFNL Description

The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in securities issued by companies principally engaged in the financial services sector. The fund's portfolio, generally, contains between 15 and 35 companies. It invests, principally, in common stocks. The fund may invest in large, medium or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.94

Average Daily Volume

8,884

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AMND	DFNL
30 Days	-1.09%	0.39%
60 Days	4.85%	4.39%
90 Days	8.32%	7.38%
12 Months	25.05%	31.51%

0 Overlapping Holdings

	Symbol	Grade	Weight in AMND	Weight in DFNL	Overlap

AMND Overweight 19 Positions Relative to DFNL

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

AMND Underweight 20 Positions Relative to DFNL

Symbol	Grade	Weight
COF	B	-9.63%
BRK.A	D	-7.33%
JPM	B	-6.47%
WFC	B	-5.97%
MKL	A	-5.59%
CB	C	-5.45%
FITB	A	-5.36%
BK	A	-5.14%
AXP	B	-4.78%
USB	C	-4.6%
PNC	A	-4.58%
L	A	-3.4%
TFC	A	-2.8%
BAC	B	-2.53%
RKT	C	-2.37%
NTB	A	-1.78%
MTB	A	-1.48%
STT	C	-1.4%
SCHW	A	-1.39%
EG	D	-1.1%

AMND: Top Represented Industries & Keywords

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