Fund Overlap

See which holdings any two equity ETFs have in common, along with top differences in exposure.


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9

Number of overlapping holdings

47.4%

% of MLPA's 18 holdings also in UMI

39.1%

% of UMI's 22 holdings also in MLPA

Overlap by Weight
Sector Drift (MLPA minus UMI)
Overlapping Holdings

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Company Weight
in MLPA
Weight
in UMI
Overlap
ENERGY TRANSFER, L.P. 13.2% 8.8% 8.8%
ENTERPRISE PRODUCTS PARTNERS 13.8% 7.0% 7.0%
MPLX LP 10.6% 4.0% 4.0%
ENLINK MIDSTREAM LLC 8.3% 3.4% 3.4%
MAGELLAN MIDSTREAM PARTNERS 12.2% 2.8% 2.8%

Position Highlights (Non-Overlapping Exposures)
MLPA Overweight Relative to UMI
PLAINS ALL AMER PIPELINE LP 9.9%
MAGELLAN MIDSTREAM PARTNERS 9.4%
WESTERN GAS EQUITY PARTNERS LP 6.8%
ENTERPRISE PRODUCTS PARTNERS 6.8%
MPLX LP 6.6%
INERGY LP 6.4%
CHENIERE ENERGY PARTNERS LP 6.0%
NUSTAR ENERGY LP 5.0%
ENLINK MIDSTREAM LLC 4.9%
ENERGY TRANSFER, L.P. 4.4%
MLPA Underweight Relative to UMI
ENBRIDGE INC -7.9%
CHENIERE ENERGY INC -7.2%
PLAINS GP HOLDINGS LP CLASS A -7.1%
TARGA RESOURCES CORP -6.8%
WILLIAMS COS INC -5.6%
KEYERA CORP -4.6%
KINDER MORGAN INC -4.6%
ONEOK INC -4.6%
ANTERO MIDSTREAM CORP. -4.5%
DT MIDSTREAM, INC. -4.1%
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