MLPB vs. AMUB ETF Comparison

Comparison of ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040 (MLPB) to ETRACS Alerian MLP Index ETN Series B due July 18, 2042 (AMUB)

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

$23.65

Average Daily Volume

21,036

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AMUB

ETRACS Alerian MLP Index ETN Series B due July 18, 2042

AMUB Description

The ETRACS Alerian MLP Index ETN Series B due July 18, 2042 (the “Securities”) is senior unsecured debt securities issued by UBS that provide exposure to potential price appreciation in the Alerian MLP Index (the “Index”). The index measures the performance of 50 energy master limited partnerships. The fund refer to the master limited partnerships (“MLPs”) included in the Alerian MLP Index as the “index constituents.” The index constituents are engaged in the transportation, storage, processing or production of energy commodities. It is a proprietary index of the index sponsor.

Grade (RS Rating)

Last Trade

$17.82

Average Daily Volume

1,908

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MLPB	AMUB
30 Days	0.69%	0.30%
60 Days	3.13%	2.93%
90 Days	11.36%	10.82%
12 Months	33.15%	34.24%

9 Overlapping Holdings

Symbol	Grade	Weight in MLPB	Weight in AMUB	Overlap
CQP	D	4.59%	3.9%	3.9%
ENLC	A	5.63%	4.79%	4.79%
EPD	A	9.91%	9.91%	9.91%
ET	A	9.16%	9.16%	9.16%
GEL	A	2.91%	2.47%	2.47%
MPLX	A	10.54%	10.54%	10.54%
NS	C	3.6%	3.06%	3.06%
PAA	A	10.02%	9.42%	9.42%
WES	A	10.08%	8.79%	8.79%

MLPB Overweight 0 Positions Relative to AMUB

	Symbol	Grade	Weight

MLPB Underweight 5 Positions Relative to AMUB

Symbol	Grade	Weight
HESM	A	-1.26%
DKL	D	-0.8%
NGL	A	-0.53%
SMLP	B	-0.44%
MMLP	B	-0.2%

MLPB: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Oil & Gas Pipelines

AMUB: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Oil & Gas Pipelines Oil & Gas Refining & Marketing