AMND vs. UCIB

Last updated Jun 4, 2026

AMND (ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050) and UCIB (ETRACS CMCI Total Return ETN Series B) are both exchange-traded funds - AMND is a Energy Equities fund tracking the Alerian Midstream Energy Dividend Index, while UCIB is a Commodities fund tracking the UBS Bloomberg CMCI Index. Both are passively managed. At a 0.32 correlation, their price movements are largely independent. AMND charges 0.75%/yr vs 0.55%/yr for UCIB.

Performance

AMND vs. UCIB - 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 CMCI Total Return ETN Series B (UCIB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMND

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

UCIB

• 1D: -1.83%
• 1M: -5.93%
• YTD: 20.67%
• 6M: 21.76%
• 1Y: 29.68%
• 3Y*: 13.51%
• 5Y*: 11.77%
• 10Y*: 10.30%

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

AMND vs. UCIB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	0.00%	40.42%	13.60%	21.27%	34.91%	10.45%
UCIB ETRACS CMCI Total Return ETN Series B	20.67%	8.97%	6.58%	-2.26%	18.24%	37.34%	20.36%

Correlation

The correlation between AMND and UCIB is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (All Time) Calculated using the full available price history since Jul 17, 2020	0.32

The correlation between AMND and UCIB shifts across timeframes, from 0.13 (3 years) to 0.32 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AMND vs. UCIB — Risk / Return Rank

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

UCIB

UCIB Risk / Return Rank: 36
UCIB Sharpe Ratio Rank: 26
UCIB Sortino Ratio Rank: 26
UCIB Omega Ratio Rank: 45
UCIB Calmar Ratio Rank: 39
UCIB Martin Ratio Rank: 41

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. UCIB - 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 CMCI Total Return ETN Series B (UCIB). 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	UCIB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.94	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.44	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.38	—

Drawdowns

Drawdown Indicators

	AMND	UCIB	Difference
Max Drawdown Largest peak-to-trough decline	—	-36.94%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-15.53%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.94%	—
Current Drawdown Current decline from peak	—	-15.53%	—
Average Drawdown Average peak-to-trough decline	—	-9.06%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.54%	—

Volatility

Volatility by Period

	AMND	UCIB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	31.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	31.72%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	26.74%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	23.22%	—

AMND vs. UCIB - Expense Ratio Comparison

AMND has a 0.75% expense ratio, which is higher than UCIB's 0.55% expense ratio.

Dividends

AMND vs. UCIB - Dividend Comparison

Neither AMND nor UCIB has paid dividends to shareholders.

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%
UCIB ETRACS CMCI Total Return ETN Series B	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMND and UCIB in my portfolio?

AMND and UCIB have a correlation of 0.32, 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 UCIB?

On fees, UCIB is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMND or UCIB?

UCIB is cheaper with a 0.55% expense ratio, compared with 0.75% for AMND.

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

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

What is the main difference between AMND and UCIB?

AMND is categorized as Energy Equities, while UCIB is Commodities. AMND tracks Alerian Midstream Energy Dividend Index, while UCIB tracks UBS Bloomberg CMCI Index. Their fees differ too: 0.75% for AMND and 0.55% for UCIB.