AMND vs. RNWZ

Last updated Jun 4, 2026

AMND (ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050) and RNWZ (TrueShares Eagle Global Renewable Energy Income ETF) are both Energy Equities funds. AMND is passively managed, while RNWZ is actively managed. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

AMND vs. RNWZ - 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 TrueShares Eagle Global Renewable Energy Income ETF (RNWZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMND

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

RNWZ

• 1D: 0.20%
• 1M: -2.61%
• YTD: 16.28%
• 6M: 16.86%
• 1Y: 38.19%
• 3Y*: 12.63%
• 5Y*: —
• 10Y*: —

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

AMND vs. RNWZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	0.00%	40.42%	13.60%	1.52%
RNWZ TrueShares Eagle Global Renewable Energy Income ETF	16.28%	36.33%	-7.36%	-3.89%	-0.19%

Correlation

The correlation between AMND and RNWZ is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (All Time) Calculated using the full available price history since Dec 12, 2022	0.33

AMND vs. RNWZ - Sectors Allocation Comparison

Sectors	AMND	RNWZ
Basic Materials	0.0%	4.5%
Communication Services	0.0%	-
Consumer Cyclical	0.0%	-
Consumer Defensive	0.0%	-
Energy	0.0%	3.8%
Financial Services	0.0%	6.9%
Healthcare	0.0%	-
Industrials	0.0%	5.3%
Real Estate	0.0%	3.2%
Technology	0.0%	-
Utilities	0.0%	41.0%

Return for Risk

AMND vs. RNWZ — Risk / Return Rank

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

RNWZ

RNWZ Risk / Return Rank: 80
RNWZ Sharpe Ratio Rank: 78
RNWZ Sortino Ratio Rank: 75
RNWZ Omega Ratio Rank: 76
RNWZ Calmar Ratio Rank: 92
RNWZ Martin Ratio Rank: 80

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. RNWZ - 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 TrueShares Eagle Global Renewable Energy Income ETF (RNWZ). 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	RNWZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.61	—

Drawdowns

Drawdown Indicators

	AMND	RNWZ	Difference
Max Drawdown Largest peak-to-trough decline	—	-24.90%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-6.06%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.74%	—
Current Drawdown Current decline from peak	—	-4.46%	—
Average Drawdown Average peak-to-trough decline	—	-7.19%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.45%	—

Volatility

Volatility by Period

	AMND	RNWZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.86%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	15.06%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.99%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	16.99%	—

AMND vs. RNWZ - Expense Ratio Comparison

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

Dividends

AMND vs. RNWZ - Dividend Comparison

AMND has not paid dividends to shareholders, while RNWZ's dividend yield for the trailing twelve months is around 1.93%.

Position	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%
RNWZ TrueShares Eagle Global Renewable Energy Income ETF	1.93%	2.12%	2.36%	3.87%	0.01%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMND and RNWZ in my portfolio?

AMND and RNWZ have a correlation of 0.33, 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 RNWZ?

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 RNWZ?

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

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

RNWZ has the higher dividend yield at 1.93%, compared with 0.00% for AMND.

What is the main difference between AMND and RNWZ?

They also come from different issuers: UBS and TrueShares.