MLPR vs. AMTR ETF Comparison

Comparison of ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) to ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR)

MLPR

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN

MLPR Description

The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the Alerian MLP Index, reduced by the Accrued Fees. The index measures the composite performance of energy MLPs, and is calculated by S&P using a capped, float-adjusted, capitalization-weighted methodology. The index Constituent Securities earn the majority of their cash flow from qualifying midstream activities involving energy commodities.

Grade (RS Rating)

Last Trade

$55.58

Average Daily Volume

1,864

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AMTR

ETRACS Alerian Midstream Energy Total Return Index ETN

AMTR Description

The investment seeks to provide an unleveraged long exposure to the performance of the Alerian Midstream Energy Adjusted Net TR Index. The index is the adjusted net total return version of the Alerian Midstream Energy Index. The securities are subject to a Daily Tracking Fee equivalent to 0.75% per annum. The index tracks a broad-based composite of North American energy infrastructure companies that earn the majority of their cash flow from midstream energy activities involving energy commodities.

Grade (RS Rating)

Last Trade

$57.57

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MLPR	AMTR
30 Days	-3.60%	-1.03%
60 Days	1.84%	5.65%
90 Days	10.41%	8.69%
12 Months	51.80%	22.19%

4 Overlapping Holdings

Symbol	Grade	Weight in MLPR	Weight in AMTR	Overlap
CQP	B	3.9%	5.29%	3.9%
HESM	D	1.26%	0.14%	0.14%
MPLX	A	10.54%	3.18%	3.18%
NGL	C	0.53%	0.31%	0.31%

MLPR Overweight 10 Positions Relative to AMTR

Symbol	Grade	Weight
EPD	B	9.91%
PAA	B	9.42%
ET	A	9.16%
WES	A	8.79%
ENLC	B	4.79%
NS	D	3.06%
GEL	A	2.47%
DKL	D	0.8%
SMLP	A	0.44%
MMLP	A	0.2%

MLPR Underweight 7 Positions Relative to AMTR

Symbol	Grade	Weight
ENB	A	-9.15%
KMI	A	-8.89%
PBA	B	-6.1%
KEY	B	-1.49%
AM	A	-0.77%
ETRN	A	-0.73%
TELL	F	-0.06%

MLPR: Top Represented Industries & Keywords

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