MLPA vs. ATMP ETF Comparison
Comparison of Global X MLP ETF (MLPA) to Barclays ETN Plus Select MLP (ATMP)
MLPA
Global X MLP ETF
MLPA Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$49.70
Average Daily Volume
97,317
18
ATMP
Barclays ETN Plus Select MLP
ATMP Description
ATMP is an ETN tracking a dynamic index of US and Canadian MLPs. The fund offers a concentrated basket that can include as few as 20 firms or as many as 100. ATMP takes an alternative approach to selection, as it includes both general partnerships shares and traditional limited partnerships shares. Only companies traded on major US stock exchanges can be included in the portfolio and MLPs are also screened based on factors like long-term credit ratings and cash flows generated from midstream oil & gas activities. Additionally, the index is modified market-cap-weighted and caps limited partnerships weights at 8% and general partnerships shares at 4%. The index is reconstituted and rebalanced quarterly.Grade (RS Rating)
Last Trade
$29.18
Average Daily Volume
28,923
11
Performance
| Period | MLPA | ATMP |
|---|---|---|
| 30 Days | 6.05% | 9.80% |
| 60 Days | 5.49% | 12.23% |
| 90 Days | 6.81% | 14.53% |
| 12 Months | 18.92% | 41.92% |
MLPA: Top Represented Industries & Keywords
ATMP: Top Represented Industries & Keywords
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