AMNA vs. AMTR
Compare and contrast key facts about ETRACS Alerian Midstream Energy Index ETN (AMNA) and ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR).
AMNA and AMTR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMNA is a passively managed fund by UBS that tracks the performance of the Alerian Midstream Energy Select Index. It was launched on Jun 19, 2020. AMTR is a passively managed fund by UBS that tracks the performance of the Alerian Midstream Energy Index. It was launched on Oct 20, 2020. Both AMNA and AMTR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMNA or AMTR.
Correlation
The correlation between AMNA and AMTR is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AMNA vs. AMTR - Performance Comparison
Key characteristics
AMNA:
3.73
AMTR:
3.62
AMNA:
5.15
AMTR:
5.03
AMNA:
1.69
AMTR:
1.67
AMNA:
9.32
AMTR:
9.35
AMNA:
33.60
AMTR:
33.97
AMNA:
1.44%
AMTR:
1.44%
AMNA:
12.97%
AMTR:
13.51%
AMNA:
-18.83%
AMTR:
-19.33%
AMNA:
-5.20%
AMTR:
-5.24%
Returns By Period
The year-to-date returns for both investments are quite close, with AMNA having a 44.30% return and AMTR slightly higher at 44.69%.
AMNA
44.30%
-1.77%
28.70%
44.63%
N/A
N/A
AMTR
44.69%
-1.78%
28.90%
45.08%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AMNA vs. AMTR - Expense Ratio Comparison
Both AMNA and AMTR have an expense ratio of 0.75%.
Risk-Adjusted Performance
AMNA vs. AMTR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian Midstream Energy Index ETN (AMNA) and ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR). 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.
Dividends
AMNA vs. AMTR - Dividend Comparison
AMNA's dividend yield for the trailing twelve months is around 4.32%, while AMTR has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
AMNA ETRACS Alerian Midstream Energy Index ETN | 4.32% | 5.61% | 5.48% | 5.84% | 2.13% |
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AMNA vs. AMTR - Drawdown Comparison
The maximum AMNA drawdown since its inception was -18.83%, roughly equal to the maximum AMTR drawdown of -19.33%. Use the drawdown chart below to compare losses from any high point for AMNA and AMTR. For additional features, visit the drawdowns tool.
Volatility
AMNA vs. AMTR - Volatility Comparison
The current volatility for ETRACS Alerian Midstream Energy Index ETN (AMNA) is 5.37%, while ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR) has a volatility of 5.77%. This indicates that AMNA experiences smaller price fluctuations and is considered to be less risky than AMTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.