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Issuer
UBS
Inception Date
Oct 20, 2020
Region
North America (U.S.)
Category
MLPs
Leveraged
1x (No leverage)
Index Tracked
Alerian Midstream Energy Index
Distribution Policy
Accumulating
Asset Class
Equity
Assets Under Management
$77M

Share Price Chart


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Performance

AMTR Performance Chart


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S&P 500 Index

Returns By Period


ETRACS Alerian Midstream Energy Total Return Index ETN

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

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AMTR Monthly Returns History


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.00%3.44%6.37%-1.73%3.94%2.92%3.68%4.94%0.49%5.15%14.82%-5.24%44.68%
20234.64%-3.64%-0.34%2.39%-5.63%7.26%2.97%-0.10%-0.79%-0.51%7.24%-0.57%12.75%
20229.64%5.50%7.11%-2.43%6.31%-12.48%10.18%-0.16%-9.97%11.02%3.54%-5.97%20.41%
20215.55%6.31%7.66%5.89%6.24%3.01%-3.76%-1.69%4.10%6.00%-7.23%1.04%36.99%

Benchmark Metrics

ETRACS Alerian Midstream Energy Total Return Index ETN has an annualized alpha of 21.00%, beta of 0.67, and R2 of 0.30 versus S&P 500 Index. Calculated based on daily prices since October 21, 2020.

  • This ETF captured 102.04% of S&P 500 Index gains but only 35.20% of its losses - a favorable profile for investors.
  • Beta of 0.67 may look defensive, but with R2 of 0.30 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 0.30 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
21.00%
Beta
0.67
0.30
Upside Capture
102.04%
Downside Capture
35.20%

Expense Ratio

AMTR 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 Total Return Index ETN (AMTR) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


AMTRBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.37

Calmar ratioReturn relative to maximum drawdown

2.78

Martin ratioReturn relative to average drawdown

12.44

Dividends

Dividend History


ETRACS Alerian Midstream Energy Total Return Index ETN doesn't pay dividends

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 Total Return 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 Total Return Index ETN was 19.33%, occurring on Sep 26, 2022. Recovery took 292 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-19.33%Sep 2022
3mo 20d1y 1mo
1y 5moJun 2022 - Nov 2023
2021 correction2021
-13.78%Dec 2021
2mo1mo 14d
3mo 14dOct 2021 - Feb 2022
2021 correction2021
-13.34%Aug 2021
2mo 3d1mo 24d
3mo 27dJun 2021 - Oct 2021
2021 pullback2021
-8.62%Jan 2021
24d8d
1mo 2dDec 2020 - Jan 2021
Bear market2022
-7.98%May 2022
21d20d
1mo 11dApr 2022 - Jun 2022

Drawdown Indicators


AMTRBenchmarkDifference

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

-1.80%

Average Drawdown

Average peak-to-trough decline

-10.71%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.03%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with AMTR

Add ETRACS Alerian Midstream Energy Total Return Index ETN to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with AMTR