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ETRACS Alerian Midstream Energy High Dividend Inde...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
UBS
Inception Date
Jul 15, 2020
Region
North America (Broad)
Leveraged
1x (No leverage)
Index Tracked
Alerian Midstream Energy Dividend Index
Distribution Policy
Accumulating
Asset Class
Equity

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period


ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050

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

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.62%2.86%6.01%-1.54%3.48%2.00%3.54%3.69%0.84%3.98%13.78%-4.78%40.42%
20234.77%-3.60%-0.77%2.23%-4.16%5.78%3.36%0.20%0.07%-0.30%6.97%-1.05%13.60%
202210.10%4.22%5.98%-2.61%6.63%-12.73%10.55%-0.06%-9.29%11.72%3.51%-5.07%21.27%
20215.87%5.91%8.02%5.87%5.81%3.22%-4.32%-1.97%2.68%5.98%-7.13%1.61%34.91%
2020-0.73%2.73%-10.80%1.08%19.38%0.62%10.45%

Benchmark Metrics

ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 has an annualized alpha of 16.95%, beta of 0.66, and R² of 0.29 versus S&P 500 Index. Calculated based on daily prices since July 17, 2020.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (93.88%) than losses (42.62%) — typical of diversified or defensive assets.
  • Beta of 0.66 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
16.95%
Beta
0.66
0.29
Upside Capture
93.88%
Downside Capture
42.62%

Expense Ratio

AMND 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 High Dividend Index ETN due July 19, 2050 (AMND) and compare them to a chosen benchmark (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 High Dividend Index ETN due July 19, 2050 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%7.00%$0.00$0.50$1.00$1.50$2.00$2.502020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020
Dividend$0.00$2.66$2.44$2.39$0.67

Dividend yield

0.00%6.56%6.37%7.10%2.49%

Monthly Dividends

The table displays the monthly dividend distributions for ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.66$0.00$0.00$0.68$0.00$0.00$0.70$0.00$0.00$0.71$0.00$0.00$2.75
2023$0.63$0.00$0.00$0.68$0.00$0.00$0.68$0.00$0.00$0.67$0.00$0.00$2.66
2022$0.59$0.00$0.00$0.60$0.00$0.00$0.62$0.00$0.00$0.62$0.00$0.00$2.44
2021$0.61$0.00$0.00$0.60$0.00$0.00$0.60$0.00$0.00$0.58$0.00$0.00$2.39
2020$0.67$0.00$0.00$0.67

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 High Dividend Index ETN due July 19, 2050. 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 High Dividend Index ETN due July 19, 2050 was 18.21%, occurring on Jun 23, 2022. Recovery took 298 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.21%Jun 8, 202211Jun 23, 2022298Aug 30, 2023309
-17.22%Aug 13, 202035Oct 1, 202037Nov 23, 202072
-13.89%Oct 21, 202142Dec 20, 202129Feb 1, 202271
-13.45%Jun 17, 202145Aug 19, 202139Oct 14, 202184
-8.92%Dec 14, 202012Dec 30, 20208Jan 12, 202120

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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