AMNA vs. FSENX

Last updated Apr 1, 2026

Compare and contrast key facts about ETRACS Alerian Midstream Energy Index ETN (AMNA) and Fidelity Select Energy Portfolio (FSENX).

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. FSENX is managed by Fidelity. It was launched on Jul 14, 1981.

Performance

AMNA vs. FSENX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Alerian Midstream Energy Index ETN (AMNA) and Fidelity Select Energy Portfolio (FSENX). The values are adjusted to include any dividend payments, if applicable.

AMNA vs. FSENX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AMNA ETRACS Alerian Midstream Energy Index ETN	0.00%	0.00%	44.30%	12.50%	20.41%	36.44%	2.88%
FSENX Fidelity Select Energy Portfolio	40.53%	10.56%	4.26%	0.94%	62.98%	55.31%	4.56%

Returns By Period

AMNA

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FSENX

• 1D: -1.22%
• 1M: 10.46%
• YTD: 40.53%
• 6M: 42.43%
• 1Y: 47.28%
• 3Y*: 19.38%
• 5Y*: 26.59%
• 10Y*: 11.42%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMNA vs. FSENX - Expense Ratio Comparison

AMNA has a 0.75% expense ratio, which is lower than FSENX's 0.77% expense ratio.

FSENX

Fidelity Select Energy Portfolio

AMNA

ETRACS Alerian Midstream Energy Index ETN

Return for Risk

AMNA vs. FSENX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSENX

FSENX Risk / Return Rank: 88
FSENX Sharpe Ratio Rank: 92
FSENX Sortino Ratio Rank: 89
FSENX Omega Ratio Rank: 87
FSENX Calmar Ratio Rank: 89
FSENX Martin Ratio Rank: 83

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.

AMNA vs. FSENX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian Midstream Energy Index ETN (AMNA) and Fidelity Select Energy Portfolio (FSENX). 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.

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

Sharpe Ratios by Period

	AMNA	FSENX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.98	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.98	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.33	—

Correlation

The correlation between AMNA and FSENX is 0.73, 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.

Dividends

AMNA vs. FSENX - Dividend Comparison

AMNA has not paid dividends to shareholders, while FSENX's dividend yield for the trailing twelve months is around 1.38%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMNA ETRACS Alerian Midstream Energy Index ETN	0.00%	0.00%	4.32%	5.61%	5.48%	5.84%	2.12%	0.00%	0.00%	0.00%	0.00%	0.00%
FSENX Fidelity Select Energy Portfolio	1.38%	1.95%	1.95%	1.98%	2.50%	2.25%	3.43%	1.84%	1.48%	1.74%	0.62%	1.29%

Drawdowns

Drawdown Indicators

	AMNA	FSENX	Difference
Max Drawdown Largest peak-to-trough decline	—	-76.24%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-19.96%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.02%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-72.11%	—
Current Drawdown Current decline from peak	—	-1.22%	—
Average Drawdown Average peak-to-trough decline	—	-17.06%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.69%	—

Volatility

Volatility by Period

	AMNA	FSENX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	24.68%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	27.41%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	30.99%	—