AMND vs. AMTR

Last updated Jun 4, 2026

AMND (ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050) and AMTR (ETRACS Alerian Midstream Energy Total Return Index ETN) are both exchange-traded funds - AMND is a Energy Equities fund tracking the Alerian Midstream Energy Dividend Index, while AMTR is a MLPs fund tracking the Alerian Midstream Energy Index. Both are passively managed. With a 0.98 correlation, they move nearly in lockstep. Both charge a 0.75% expense ratio.

Performance

AMND vs. AMTR - 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 Total Return Index ETN (AMTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMND

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

AMTR

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

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

AMND vs. AMTR - Yearly Performance Comparison

	2024	2023	2022	2021	2020
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	40.42%	13.60%	21.27%	34.91%	16.11%
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	44.68%	12.75%	20.41%	36.99%	15.24%

Correlation

The correlation between AMND and AMTR is 0.95, 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	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (All Time) Calculated using the full available price history since Oct 22, 2020	0.98

The correlation between AMND and AMTR has been stable across timeframes, ranging from 0.95 to 0.98 - a consistent structural relationship.

AMND vs. AMTR - Sectors Allocation Comparison

Sectors	AMND	AMTR
Basic Materials	0.0%	0.0%
Communication Services	0.0%	0.0%
Consumer Cyclical	0.0%	0.0%
Consumer Defensive	0.0%	0.0%
Energy	0.0%	0.0%
Financial Services	0.0%	0.0%
Healthcare	0.0%	0.0%
Industrials	0.0%	0.0%
Real Estate	0.0%	0.0%
Technology	0.0%	0.0%
Utilities	0.0%	0.0%

Return for Risk

AMND vs. AMTR - Risk-Adjusted Trends 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 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.

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

Drawdowns

Volatility

AMND vs. AMTR - Expense Ratio Comparison

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

Dividends

AMND vs. AMTR - Dividend Comparison

Neither AMND nor AMTR has paid dividends to shareholders.

Position	TTM	2023	2022	2021	2020
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	6.56%	6.37%	7.10%	2.49%
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMND and AMTR in my portfolio?

With a correlation of 0.95, AMND and AMTR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, AMND or AMTR?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMND or AMTR?

AMND and AMTR have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, AMND or AMTR?

AMND and AMTR have nearly identical dividend yields, around 0.00%.

What is the main difference between AMND and AMTR?

AMND is categorized as Energy Equities, while AMTR is MLPs. AMND tracks Alerian Midstream Energy Dividend Index, while AMTR tracks Alerian Midstream Energy Index.