AMND vs. AMNA
Compare and contrast key facts about ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and ETRACS Alerian Midstream Energy Index ETN (AMNA).
AMND and AMNA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMND is a passively managed fund by UBS that tracks the performance of the Alerian Midstream Energy Dividend Index. It was launched on Jul 15, 2020. 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. Both AMND and AMNA 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: AMND or AMNA.
Key characteristics
| AMND | AMNA | |
|---|---|---|
| YTD Return | 36.82% | 42.85% |
| 1Y Return | 40.56% | 47.86% |
| 3Y Return (Ann) | 21.17% | 22.24% |
| Sharpe Ratio | 3.54 | 3.97 |
| Sortino Ratio | 5.04 | 5.69 |
| Omega Ratio | 1.63 | 1.71 |
| Calmar Ratio | 7.38 | 9.64 |
| Martin Ratio | 28.05 | 34.85 |
| Ulcer Index | 1.50% | 1.42% |
| Daily Std Dev | 11.89% | 12.45% |
| Max Drawdown | -18.21% | -18.83% |
| Current Drawdown | -0.88% | -1.29% |
Correlation
The correlation between AMND and AMNA 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
AMND vs. AMNA - Performance Comparison
In the year-to-date period, AMND achieves a 36.82% return, which is significantly lower than AMNA's 42.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AMND vs. AMNA - Expense Ratio Comparison
Both AMND and AMNA have an expense ratio of 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.
Dividends
AMND vs. AMNA - Dividend Comparison
AMND's dividend yield for the trailing twelve months is around 5.28%, more than AMNA's 4.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 | 5.28% | 6.57% | 6.37% | 7.10% | 2.49% |
AMNA ETRACS Alerian Midstream Energy Index ETN | 4.36% | 5.61% | 5.49% | 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.
Volatility
AMND vs. AMNA - Volatility Comparison
The current volatility for ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) is 3.68%, while ETRACS Alerian Midstream Energy Index ETN (AMNA) has a volatility of 4.54%. This indicates that AMND experiences smaller price fluctuations and is considered to be less risky than AMNA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.