INC vs. AMND ETF Comparison

Comparison of VanEck Dynamic High Income ETF (INC) to ETRACS Alerian Midstream Energy High Dividend Index ETN (AMND)

INC

VanEck Dynamic High Income ETF

INC Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, in ETPs that are registered under the applicable federal securities laws and that invest in securities that generate income. The fund may also invest in U.S. Treasury securities under normal circumstances. It is non-diversified.

Grade (RS Rating)

Last Trade

$26.57

Average Daily Volume

438

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	INC	AMND
30 Days	-0.38%	-1.09%
60 Days	0.97%	4.85%
90 Days	1.56%	8.32%
12 Months	9.09%	25.05%

0 Overlapping Holdings

	Symbol	Grade	Weight in INC	Weight in AMND	Overlap

INC Overweight 9 Positions Relative to AMND

Symbol	Grade	Weight
ANGL	A	35.57%
EINC	A	9.48%
HYEM	A	8.62%
BIZD	A	8.3%
PFXF	B	8.25%
DURA	B	4.15%
SDVY	B	4.12%
DGRW	C	3.99%
IHDG	B	3.98%

INC Underweight 19 Positions Relative to AMND

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%

INC: Top Represented Industries & Keywords

Industries:

AMND: Top Represented Industries & Keywords

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