AMND vs. MINT
Compare and contrast key facts about ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and PIMCO Enhanced Short Maturity Strategy Fund (MINT).
AMND and MINT 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. MINT is an actively managed fund by PIMCO. It was launched on Nov 16, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMND or MINT.
Key characteristics
| AMND | MINT | |
|---|---|---|
| YTD Return | 10.11% | 2.03% |
| 1Y Return | 23.71% | 6.52% |
| 3Y Return (Ann) | 18.03% | 2.36% |
| Sharpe Ratio | 1.76 | 17.29 |
| Daily Std Dev | 12.64% | 0.38% |
| Max Drawdown | -18.21% | -4.62% |
| Current Drawdown | -1.40% | 0.00% |
Correlation
The correlation between AMND and MINT is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AMND vs. MINT - Performance Comparison
In the year-to-date period, AMND achieves a 10.11% return, which is significantly higher than MINT's 2.03% 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. MINT - Expense Ratio Comparison
AMND has a 0.75% expense ratio, which is higher than MINT's 0.36% expense ratio.
Risk-Adjusted Performance
AMND vs. MINT - 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 PIMCO Enhanced Short Maturity Strategy Fund (MINT). 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. MINT - Dividend Comparison
AMND's dividend yield for the trailing twelve months is around 6.23%, more than MINT's 5.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 | 6.23% | 6.56% | 6.37% | 7.10% | 2.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MINT PIMCO Enhanced Short Maturity Strategy Fund | 5.14% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% | 0.80% | 0.88% |
Drawdowns
AMND vs. MINT - Drawdown Comparison
The maximum AMND drawdown since its inception was -18.21%, which is greater than MINT's maximum drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for AMND and MINT. For additional features, visit the drawdowns tool.
Volatility
AMND vs. MINT - Volatility Comparison
ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) has a higher volatility of 3.57% compared to PIMCO Enhanced Short Maturity Strategy Fund (MINT) at 0.11%. This indicates that AMND's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.