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Issuer
UBS
Inception Date
Jun 19, 2020
Region
North America (U.S.)
Category
MLPs
Leveraged
1x (No leverage)
Index Tracked
Alerian Midstream Energy Select Index
Distribution Policy
Accumulating
Asset Class
Equity
Assets Under Management
$91M

Share Price Chart


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Performance

AMNA Performance Chart


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S&P 500 Index

Returns By Period


ETRACS Alerian Midstream Energy Index ETN

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.74%
1M
4.90%
YTD
10.35%
6M
10.28%
1Y
26.52%
3Y*
20.83%
5Y*
12.30%
10Y*
13.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AMNA Monthly Returns History


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.31%3.14%6.32%-1.47%3.61%2.78%3.71%4.98%0.48%5.72%14.03%-5.20%44.30%
20234.60%-3.62%-0.34%2.35%-5.42%6.92%3.58%-0.64%-0.77%-0.54%7.15%-0.60%12.50%
20229.53%5.44%7.04%-2.43%6.26%-12.34%10.20%-0.17%-9.84%10.97%3.50%-5.92%20.41%
20215.39%6.27%7.56%5.88%6.17%2.99%-3.77%-1.67%4.05%5.94%-7.16%1.03%36.44%

Benchmark Metrics

ETRACS Alerian Midstream Energy Index ETN has an annualized alpha of 14.74%, beta of 0.67, and R2 of 0.29 versus S&P 500 Index. Calculated based on daily prices since June 23, 2020.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (91.20%) than losses (49.11%) - typical of diversified or defensive assets.
  • Beta of 0.67 may look defensive, but with R2 of 0.29 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.29 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
14.74%
Beta
0.67
0.29
Upside Capture
91.20%
Downside Capture
49.11%

Expense Ratio

AMNA has an expense ratio of 0.75%, placing it in the medium range.


Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for ETRACS Alerian Midstream Energy Index ETN (AMNA) and compare them to S&P 500 Index.


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Dividends

Dividend History

ETRACS Alerian Midstream Energy Index ETN provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share. The fund has been increasing its distributions for 3 consecutive years.


2.00%3.00%4.00%5.00%6.00%$0.00$0.50$1.00$1.50$2.002020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020
Dividend$0.00$2.20$2.02$1.89$0.54

Dividend yield

0.00%5.61%5.48%5.84%2.12%

Monthly Dividends

The table displays the monthly dividend distributions for ETRACS Alerian Midstream Energy Index ETN. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.56$0.00$0.00$0.57$0.00$0.00$0.59$0.00$0.00$0.59$0.00$0.00$2.31
2023$0.52$0.00$0.00$0.55$0.00$0.00$0.56$0.00$0.00$0.56$0.00$0.00$2.20
2022$0.49$0.00$0.00$0.50$0.00$0.00$0.51$0.00$0.00$0.52$0.00$0.00$2.02
2021$0.47$0.00$0.00$0.48$0.00$0.00$0.47$0.00$0.00$0.47$0.00$0.00$1.89
2020$0.54$0.00$0.00$0.54

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the ETRACS Alerian Midstream Energy Index ETN. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ETRACS Alerian Midstream Energy Index ETN was 18.83%, occurring on Sep 26, 2022. Recovery took 292 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-18.83%Sep 2022
3mo 20d1y 1mo
1y 5moJun 2022 - Nov 2023
2020 correction2020
-16.54%Oct 2020
1mo 19d1mo 23d
3mo 12dAug 2020 - Nov 2020
2021 correction2021
-13.66%Dec 2021
2mo1mo 14d
3mo 14dOct 2021 - Feb 2022
2021 correction2021
-13.24%Aug 2021
2mo 3d1mo 24d
3mo 27dJun 2021 - Oct 2021
2020 correction2020
-10.33%Jul 2020
16d1mo 2d
1mo 18dJun 2020 - Aug 2020

Drawdown Indicators


AMNABenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-56.78%

Max Drawdown (1Y)

Largest decline over 1 year

-9.10%

Max Drawdown (3Y)

Largest decline over 3 years

-18.90%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-0.74%

Average Drawdown

Average peak-to-trough decline

-10.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.97%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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