HANetf
MMLP.MI
IE00BKPTXQ89
Alerian Midstream Energy Dividend UCITS ETF – Dist
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About this ETF

The HANetf Alerian Midstream Energy Dividend UCITS ETF Dist seeks to track the Alerian Midstream Energy Corporation Dividend index. The Alerian Midstream Energy Corporation Dividend index tracks North American companies involved in the energy infrastructure sector. The selected securities are weighted according to the dividends paid.

TER
0.49%

Total Expense Ratio per year

Fund Size
€71.38M

Assets under management

Holdings
19

Underlying equities

Dividend Yield
-

Distributing

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
22.63
Weighted Fwd P/E
19.37
💰 Revenue Estimates
Current Year CY
+14.09% ⌀ 9 Analysts Coverage
Next Year NY
+5.54% ⌀ 8 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+19.08% ⌀ 11 Analysts Coverage
Next Year NY
+7.59% ⌀ 11 Analysts Coverage

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ETF Profile
Provider
HANetf
HANetf
Fund Type
ETF
Inception Date
07/27/2020 (6 yrs)
Country
-
Sector
Energy
Strategy
Dividend
Theme
MLP
Distribution Policy
Distributing
Replication
Full replication
Sustainable
No

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

6/7 High
7/100 Low (Concentration Risk)
Diversification Score
7/100 Low (Concentration Risk)
5Y Volatility
22.0% p.a.
Max Drawdown (5Y)
-22.8%
Sharpe Ratio (5Y)
0.49
Notes & Warnings
Fund Volume (AUM) Solid fund volume
🟡 Moderate analyst coverage (11.1 analysts)
🔴 Extreme top 10 holdings concentration: 82% of fund in top 10 positions.
🔴 Severe sector concentration risk: 91% in "Energy".
🔴 Extreme industry concentration: 91% in "Oil & Gas Midstream".
🔴 High Commodity Concentration: 99% of fund depends directly on volatile energy and raw material markets.
🔴 Dominant Cyclicality: 99% in cyclical industries – higher drawdown risk in recessions.
⚠️ Elevated Interest Rate Sensitivity: 100% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).
⚠️ Elevated Regulatory & Policy Risk: 100% in heavily regulated industries (defense, regulated utilities, healthcare policy).
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