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AMLP vs. ATMP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AMLP vs. ATMP

Last updated Jun 3, 2026

AMLP (Alerian MLP ETF) and ATMP (Barclays ETN+ Select MLP ETN) are both MLPs funds - AMLP tracks the Alerian MLP Infrastructure Index while ATMP tracks the CIBC Atlas Select MLP VWAP. Both are passively managed. Over the past 10 years, AMLP returned 6.79%/yr vs 4.89%/yr for ATMP. Their correlation of 0.90 suggests significant overlap in exposure. AMLP charges 0.90%/yr vs 0.95%/yr for ATMP.

Performance

AMLP vs. ATMP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alerian MLP ETF (AMLP) and Barclays ETN+ Select MLP ETN (ATMP). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AMLP achieves a 16.62% return, which is significantly lower than ATMP's 19.93% return. Over the past 10 years, AMLP has outperformed ATMP with an annualized return of 6.79%, while ATMP has yielded a comparatively lower 4.89% annualized return.

AMLP

1D
1.03%
1M
0.25%
YTD
16.62%
6M
16.20%
1Y
19.16%
3Y*
20.25%
5Y*
17.03%
10Y*
6.79%

ATMP

1D
-1.19%
1M
-1.47%
YTD
19.93%
6M
20.71%
1Y
19.23%
3Y*
21.15%
5Y*
16.13%
10Y*
4.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AMLP vs. ATMP - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
AMLP
Alerian MLP ETF		16.62%5.78%22.76%21.40%25.47%39.09%-32.26%5.99%-12.67%-7.89%
ATMP
Barclays ETN+ Select MLP ETN		19.93%1.73%31.66%14.51%20.71%33.06%-34.39%0.39%-14.55%-11.89%

Correlation

The correlation between AMLP and ATMP is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.88

Correlation (3Y)
Calculated over the trailing 3-year period

0.89

Correlation (5Y)
Calculated over the trailing 5-year period

0.89

Correlation (10Y)
Calculated over the trailing 10-year period

0.91

Correlation (All Time)
Calculated using the full available price history since Mar 14, 2013

0.90

The correlation between AMLP and ATMP has been stable across timeframes, ranging from 0.88 to 0.91 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Alerian MLP ETF

Barclays ETN+ Select MLP ETN

Often compared with AMLP:
AMLP vs. MLPAAMLP vs. ENFRAMLP vs. XLEAMLP vs. SPYAMLP vs. ETAMLP vs. VDEAMLP vs. KYN
Often compared with ATMP:
ATMP vs. AMZAATMP vs. ENFRATMP vs. GSIBATMP vs. MLPXATMP vs. CLSEATMP vs. QLDATMP vs. MLPR

Return for Risk

AMLP vs. ATMP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AMLP
AMLP Risk / Return Rank: 4545
Overall Rank
AMLP Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
AMLP Sortino Ratio Rank: 4545
Sortino Ratio Rank
AMLP Omega Ratio Rank: 4343
Omega Ratio Rank
AMLP Calmar Ratio Rank: 4444
Calmar Ratio Rank
AMLP Martin Ratio Rank: 4545
Martin Ratio Rank
ATMP
ATMP Risk / Return Rank: 4040
Overall Rank
ATMP Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
ATMP Sortino Ratio Rank: 3838
Sortino Ratio Rank
ATMP Omega Ratio Rank: 3535
Omega Ratio Rank
ATMP Calmar Ratio Rank: 4949
Calmar Ratio Rank
ATMP Martin Ratio Rank: 3939
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMLP vs. ATMP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alerian MLP ETF (AMLP) and Barclays ETN+ Select MLP ETN (ATMP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

AMLPATMPDifference

Sharpe ratio

Return per unit of total volatility

1.62

1.39

+0.22

Sortino ratio

Return per unit of downside risk

2.25

1.98

+0.27

Omega ratio

Gain probability vs. loss probability

1.28

1.24

+0.04

Calmar ratio

Return relative to maximum drawdown

2.20

2.50

-0.30

Martin ratio

Return relative to average drawdown

7.36

6.20

+1.16

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMLP vs. ATMP - Sharpe Ratio Comparison

The current AMLP Sharpe Ratio is 1.62, which is comparable to the ATMP Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of AMLP and ATMP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

AMLPATMPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.62

1.39

+0.22

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.86

0.73

+0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.25

0.18

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.23

0.09

+0.14

Drawdowns

AMLP vs. ATMP - Drawdown Comparison

The maximum AMLP drawdown since its inception was -77.19%, roughly equal to the maximum ATMP drawdown of -80.86%. Use the drawdown chart below to compare losses from any high point for AMLP and ATMP.

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Drawdown Indicators

AMLPATMPDifference

Max Drawdown

Largest peak-to-trough decline

-77.19%

-80.86%

+3.67%

Max Drawdown (1Y)

Largest decline over 1 year

-8.94%

-7.26%

-1.68%

Max Drawdown (3Y)

Largest decline over 3 years

-14.27%

-16.48%

+2.21%

Max Drawdown (5Y)

Largest decline over 5 years

-20.92%

-22.98%

+2.06%

Max Drawdown (10Y)

Largest decline over 10 years

-72.62%

-75.66%

+3.04%

Current Drawdown

Current decline from peak

-3.85%

-6.13%

+2.28%

Average Drawdown

Average peak-to-trough decline

-17.40%

-31.15%

+13.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.67%

2.93%

-0.26%

Volatility

AMLP vs. ATMP - Volatility Comparison

The current volatility for Alerian MLP ETF (AMLP) is 4.94%, while Barclays ETN+ Select MLP ETN (ATMP) has a volatility of 6.18%. This indicates that AMLP experiences smaller price fluctuations and is considered to be less risky than ATMP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AMLPATMPDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.94%

6.18%

-1.24%

Volatility (6M)

Calculated over the trailing 6-month period

8.65%

10.74%

-2.09%

Volatility (1Y)

Calculated over the trailing 1-year period

11.91%

14.05%

-2.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.98%

22.23%

-2.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.68%

27.69%

-0.01%

AMLP vs. ATMP - Expense Ratio Comparison

AMLP has a 0.90% expense ratio, which is lower than ATMP's 0.95% expense ratio.

Dividends

AMLP vs. ATMP - Dividend Comparison

AMLP's dividend yield for the trailing twelve months is around 7.62%, while ATMP has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
AMLP
Alerian MLP ETF		7.62%8.36%7.70%7.86%7.70%8.55%12.31%9.12%9.29%7.97%8.09%9.84%
ATMP
Barclays ETN+ Select MLP ETN		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

AMLP and ATMP have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ATMP has higher volatility (6.18%) compared to AMLP (4.94%). In terms of maximum drawdown, AMLP dropped -77.19% vs ATMP's -80.86%.

On 10-year performance, AMLP leads with 6.79% vs 4.89% for ATMP. On fees, AMLP is cheaper at 0.90% per year. On volatility, AMLP has been the lower-risk option at 4.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, AMLP has performed better with a 6.79% return vs 4.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

AMLP is cheaper with a 0.90% expense ratio, compared with 0.95% for ATMP.

AMLP has the higher dividend yield at 7.62%, compared with 0.00% for ATMP.

AMLP tracks Alerian MLP Infrastructure Index, while ATMP tracks CIBC Atlas Select MLP VWAP. They also come from different issuers: SS&C and Barclays Capital. Their fees differ too: 0.90% for AMLP and 0.95% for ATMP.

AMLP currently has the higher Sharpe Ratio (1.62 vs 1.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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