AMND vs. VOO

Last updated Jun 4, 2026

AMND (ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - AMND is a Energy Equities fund tracking the Alerian Midstream Energy Dividend Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. At a 0.43 correlation, their price movements are largely independent. AMND charges 0.75%/yr vs 0.03%/yr for VOO.

Performance

AMND vs. VOO - 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 Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMND

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

VOO

• 1D: -0.70%
• 1M: 5.04%
• YTD: 10.91%
• 6M: 10.93%
• 1Y: 28.04%
• 3Y*: 22.44%
• 5Y*: 13.90%
• 10Y*: 15.56%

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

AMND vs. VOO - 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%
VOO Vanguard S&P 500 ETF	10.91%	17.82%	24.98%	26.32%	-18.17%	28.79%	17.57%

Correlation

The correlation between AMND and VOO is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (All Time) Calculated using the full available price history since Jul 17, 2020	0.43

The correlation between AMND and VOO shifts across timeframes, from 0.25 (3 years) to 0.43 (all time), reflecting how their relationship changes across market environments.

AMND vs. VOO - Sectors Allocation Comparison

Sectors	AMND	VOO
Basic Materials	0.0%	1.8%
Communication Services	0.0%	11.3%
Consumer Cyclical	0.0%	10.2%
Consumer Defensive	0.0%	4.9%
Energy	0.0%	3.5%
Financial Services	0.0%	11.6%
Healthcare	0.0%	8.5%
Industrials	0.0%	8.3%
Real Estate	0.0%	1.9%
Technology	0.0%	35.7%
Utilities	0.0%	2.4%

Return for Risk

AMND vs. VOO — Risk / Return Rank

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

VOO

VOO Risk / Return Rank: 70
VOO Sharpe Ratio Rank: 71
VOO Sortino Ratio Rank: 70
VOO Omega Ratio Rank: 70
VOO Calmar Ratio Rank: 62
VOO Martin Ratio Rank: 75

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. VOO - 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 Vanguard S&P 500 ETF (VOO). 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	VOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.39	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.89	—

Drawdowns

Drawdown Indicators

	AMND	VOO	Difference
Max Drawdown Largest peak-to-trough decline	—	-33.99%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	—	-0.70%	—
Average Drawdown Average peak-to-trough decline	—	-3.69%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.91%	—

Volatility

Volatility by Period

	AMND	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	11.80%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.81%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.01%	—

AMND vs. VOO - Expense Ratio Comparison

AMND has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

AMND vs. VOO - Dividend Comparison

AMND has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.03%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both AMND and VOO in my portfolio?

AMND and VOO have a correlation of 0.43, 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 VOO?

On fees, VOO is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMND or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.75% for AMND.

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

VOO has the higher dividend yield at 1.03%, compared with 0.00% for AMND.

What is the main difference between AMND and VOO?

AMND is categorized as Energy Equities, while VOO is S&P 500. AMND tracks Alerian Midstream Energy Dividend Index, while VOO tracks S&P 500 Index. They also come from different issuers: UBS and Vanguard. Their fees differ too: 0.75% for AMND and 0.03% for VOO.