AMND vs. FBGX

Last updated Jun 4, 2026

AMND (ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050) and FBGX (UBS AG FI Enhanced Large Cap Growth ETN) are both exchange-traded funds - AMND is a Energy Equities fund tracking the Alerian Midstream Energy Dividend Index, while FBGX is a Leveraged Equities fund tracking the Russell 1000 Growth Index (200%). Both are passively managed. At a 0.29 correlation, their price movements are largely independent. AMND charges 0.75%/yr vs 1.29%/yr for FBGX.

Performance

AMND vs. FBGX - 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 UBS AG FI Enhanced Large Cap Growth ETN (FBGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMND

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

FBGX

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

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

AMND vs. FBGX - 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%	10.45%
FBGX UBS AG FI Enhanced Large Cap Growth ETN	35.73%	83.74%	-56.41%	57.04%	42.75%

Correlation

The correlation between AMND and FBGX is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (All Time) Calculated using the full available price history since Jul 17, 2020	0.29

The correlation between AMND and FBGX shifts across timeframes, from 0.10 (1 year) to 0.36 (3 years), reflecting how their relationship changes across market environments.

AMND vs. FBGX - Sectors Allocation Comparison

Sectors	AMND	FBGX
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. FBGX - 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 UBS AG FI Enhanced Large Cap Growth ETN (FBGX). 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. FBGX - Expense Ratio Comparison

AMND has a 0.75% expense ratio, which is lower than FBGX's 1.29% expense ratio.

Dividends

AMND vs. FBGX - Dividend Comparison

Neither AMND nor FBGX 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%
FBGX UBS AG FI Enhanced Large Cap Growth ETN	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMND and FBGX in my portfolio?

AMND and FBGX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMND or FBGX?

On fees, AMND is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMND or FBGX?

AMND is cheaper with a 0.75% expense ratio, compared with 1.29% for FBGX.

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

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

What is the main difference between AMND and FBGX?

AMND is categorized as Energy Equities, while FBGX is Leveraged Equities. AMND tracks Alerian Midstream Energy Dividend Index, while FBGX tracks Russell 1000 Growth Index (200%). Their fees differ too: 0.75% for AMND and 1.29% for FBGX.