PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
AMND vs. AMNA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AMND and AMNA is 0.98, 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.


-0.50.00.51.01.0

Performance

AMND vs. AMNA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and ETRACS Alerian Midstream Energy Index ETN (AMNA). The values are adjusted to include any dividend payments, if applicable.

120.00%140.00%160.00%180.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
188.29%
188.93%
AMND
AMNA

Key characteristics

Sharpe Ratio

AMND:

2.85

AMNA:

3.73

Sortino Ratio

AMND:

3.69

AMNA:

5.15

Omega Ratio

AMND:

1.57

AMNA:

1.69

Calmar Ratio

AMND:

5.50

AMNA:

9.32

Martin Ratio

AMND:

26.92

AMNA:

33.60

Ulcer Index

AMND:

1.63%

AMNA:

1.44%

Daily Std Dev

AMND:

15.38%

AMNA:

12.97%

Max Drawdown

AMND:

-18.21%

AMNA:

-18.83%

Current Drawdown

AMND:

-4.78%

AMNA:

-5.20%

Returns By Period

In the year-to-date period, AMND achieves a 40.42% return, which is significantly lower than AMNA's 44.30% return.


AMND

YTD

40.42%

1M

-0.35%

6M

25.40%

1Y

40.30%

5Y*

N/A

10Y*

N/A

AMNA

YTD

44.30%

1M

-1.77%

6M

28.70%

1Y

44.63%

5Y*

N/A

10Y*

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.


AMND vs. AMNA - Expense Ratio Comparison

Both AMND and AMNA have an expense ratio of 0.75%.


AMND
ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050
Expense ratio chart for AMND: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for AMNA: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%

Risk-Adjusted Performance

AMND vs. AMNA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and ETRACS Alerian Midstream Energy Index ETN (AMNA). 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.


Sharpe ratio
The chart of Sharpe ratio for AMND, currently valued at 2.85, compared to the broader market0.002.004.002.853.73
The chart of Sortino ratio for AMND, currently valued at 3.69, compared to the broader market-2.000.002.004.006.008.0010.003.695.15
The chart of Omega ratio for AMND, currently valued at 1.57, compared to the broader market0.501.001.502.002.503.001.571.69
The chart of Calmar ratio for AMND, currently valued at 5.50, compared to the broader market0.005.0010.0015.005.509.32
The chart of Martin ratio for AMND, currently valued at 26.92, compared to the broader market0.0020.0040.0060.0080.00100.0026.9233.60
AMND
AMNA

The current AMND Sharpe Ratio is 2.85, which is comparable to the AMNA Sharpe Ratio of 3.73. The chart below compares the historical Sharpe Ratios of AMND and AMNA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.85
3.73
AMND
AMNA

Dividends

AMND vs. AMNA - Dividend Comparison

AMND's dividend yield for the trailing twelve months is around 5.14%, more than AMNA's 4.32% yield.


TTM2023202220212020
AMND
ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050
5.14%6.56%6.37%7.10%2.49%
AMNA
ETRACS Alerian Midstream Energy Index ETN
4.32%5.61%5.48%5.84%2.13%

Drawdowns

AMND vs. AMNA - Drawdown Comparison

The maximum AMND drawdown since its inception was -18.21%, roughly equal to the maximum AMNA drawdown of -18.83%. Use the drawdown chart below to compare losses from any high point for AMND and AMNA. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.78%
-5.20%
AMND
AMNA

Volatility

AMND vs. AMNA - Volatility Comparison

ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) has a higher volatility of 10.70% compared to ETRACS Alerian Midstream Energy Index ETN (AMNA) at 5.37%. This indicates that AMND's price experiences larger fluctuations and is considered to be riskier than AMNA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
10.70%
5.37%
AMND
AMNA
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab