EPU vs. MLPB ETF Comparison

Comparison of iShares MSCI All Peru Capped ETF (EPU) to ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040 (MLPB)

EPU

iShares MSCI All Peru Capped ETF

EPU Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Peru Capped Index (the "underlying index"). The fund generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization index designed to measure the performance of Peruvian equity securities as well as securities of companies that are headquartered in Peru and have the majority of their operations based in Peru. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.04

Average Daily Volume

16,541

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MLPB

ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040

MLPB Description

The ETRACS Alerian MLP Infrastructure Index ETN Series B is senior unsecured debt securities issued by UBS that provide exposure to potential price appreciation in the Alerian MLP Infrastructure Index. The index, comprised of 22 energy infrastructure master limited partnerships, is a subset of the Alerian MLP Index. The index refers to the master limited partnerships included in the Alerian MLP Infrastructure Index as the “index constituents.” It constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities. The index is intended to provide diversified exposure specifically to infrastructure investment.

Grade (RS Rating)

Last Trade

$23.44

Average Daily Volume

20,940

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EPU	MLPB
30 Days	1.36%	-0.99%
60 Days	14.21%	5.27%
90 Days	20.32%	12.75%
12 Months	32.86%	33.25%

0 Overlapping Holdings

	Symbol	Grade	Weight in EPU	Weight in MLPB	Overlap

EPU Overweight 6 Positions Relative to MLPB

Symbol	Grade	Weight
SCCO	A	27.49%
BAP	C	18.81%
BVN	B	4.24%
FSM	A	3.5%
LAUR	A	2.34%
IFS	D	1.3%

EPU Underweight 9 Positions Relative to MLPB

Symbol	Grade	Weight
MPLX	A	-10.54%
WES	A	-10.08%
PAA	A	-10.02%
EPD	A	-9.91%
ET	A	-9.16%
ENLC	A	-5.63%
CQP	D	-4.59%
NS	B	-3.6%
GEL	A	-2.91%

EPU: Top Represented Industries & Keywords

Industries: Banks - Regional - Latin America Copper Education & Training Services Industrial Metals & Minerals Silver

MLPB: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Oil & Gas Pipelines