RTAI vs. AMND ETF Comparison

Comparison of Rareview Tax Advantaged Income ETF (RTAI) to ETRACS Alerian Midstream Energy High Dividend Index ETN (AMND)

RTAI

Rareview Tax Advantaged Income ETF

RTAI Description

The investment seeks total return with an emphasis on providing current income, a substantial portion of which will be exempt from federal income taxes. Under normal market conditions, the fund will invest in municipal bond closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. While it will invest primarily in closed-end funds, the fund may invest up to 30% of its assets in municipal or short term Treasury ETFs if in the adviser's discretion, the ETFs will provide a better investment opportunity or liquidity for the asset class. It is non-diversified.

Grade (RS Rating)

Last Trade

$20.32

Average Daily Volume

1,524

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

$43.02

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RTAI	AMND
30 Days	-2.91%	-0.01%
60 Days	-1.29%	4.15%
90 Days	0.21%	9.88%
12 Months	1.09%	21.61%

0 Overlapping Holdings

	Symbol	Grade	Weight in RTAI	Weight in AMND	Overlap

RTAI Overweight 13 Positions Relative to AMND

Symbol	Grade	Weight
NZF	C	14.26%
NVG	C	13.8%
NAD	C	12.84%
MMU	C	10.94%
IQI	C	8.53%
VKQ	C	8.31%
BLE	C	7.85%
NEA	C	6.83%
IIM	C	5.65%
VMO	C	4.23%
MYD	D	2.72%
MVF	C	2.38%
MYI	D	1.15%

RTAI Underweight 19 Positions Relative to AMND

Symbol	Grade	Weight
MPLX	A	-10.62%
TRP	D	-10.04%
ENB	B	-9.84%
EPD	A	-9.82%
KMI	A	-8.82%
WMB	A	-7.72%
OKE	A	-6.54%
ET	A	-5.58%
CQP	D	-5.45%
WES	A	-1.94%
PAA	A	-1.88%
AM	A	-1.54%
KEY	B	-1.14%
ETRN	A	-0.93%
ENLC	A	-0.65%
NS	C	-0.6%
PAGP	A	-0.51%
TRGP	A	-0.36%
GEL	A	-0.27%

RTAI: Top Represented Industries & Keywords

Industries: Asset Management

AMND: Top Represented Industries & Keywords

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