AMND vs. OILT

Last updated Apr 1, 2026

Compare and contrast key facts about ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and Texas Capital Texas Oil Index ETF (OILT).

AMND and OILT 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. OILT is a passively managed fund by Texas Capital that tracks the performance of the Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross. It was launched on Dec 20, 2023. Both AMND and OILT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AMND vs. OILT - 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 Texas Capital Texas Oil Index ETF (OILT). The values are adjusted to include any dividend payments, if applicable.

AMND vs. OILT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	0.00%	40.42%	-0.06%
OILT Texas Capital Texas Oil Index ETF	44.81%	-3.30%	0.87%	-0.16%

Returns By Period

AMND

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

OILT

• 1D: -1.68%
• 1M: 17.56%
• YTD: 44.81%
• 6M: 44.96%
• 1Y: 38.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMND vs. OILT - Expense Ratio Comparison

AMND has a 0.75% expense ratio, which is higher than OILT's 0.35% expense ratio.

AMND

ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050

OILT

Texas Capital Texas Oil Index ETF

Return for Risk

AMND vs. OILT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OILT

OILT Risk / Return Rank: 59
OILT Sharpe Ratio Rank: 63
OILT Sortino Ratio Rank: 61
OILT Omega Ratio Rank: 59
OILT Calmar Ratio Rank: 64
OILT Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMND vs. OILT - 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 Texas Capital Texas Oil Index ETF (OILT). 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.

Sharpe Ratios by Period

	AMND	OILT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.58	—

Correlation

The correlation between AMND and OILT is 0.29, 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.

Dividends

AMND vs. OILT - Dividend Comparison

AMND has not paid dividends to shareholders, while OILT's dividend yield for the trailing twelve months is around 2.27%.

	TTM	2025	2024	2023	2022	2021	2020
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	0.00%	5.14%	6.56%	6.37%	7.10%	2.49%
OILT Texas Capital Texas Oil Index ETF	2.27%	3.12%	2.63%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	AMND	OILT	Difference
Max Drawdown Largest peak-to-trough decline	—	-35.21%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-24.58%	—
Current Drawdown Current decline from peak	—	-2.28%	—
Average Drawdown Average peak-to-trough decline	—	-13.25%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.83%	—

Volatility

Volatility by Period

	AMND	OILT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	34.47%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	28.31%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	28.31%	—