AMTR vs. AMND

Last updated Jun 4, 2026

AMTR (ETRACS Alerian Midstream Energy Total Return Index ETN) and AMND (ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050) are both exchange-traded funds - AMTR is a MLPs fund tracking the Alerian Midstream Energy Index, while AMND is a Energy Equities fund tracking the Alerian Midstream Energy Dividend Index. Both are passively managed. With a 0.98 correlation, they move nearly in lockstep. Both charge a 0.75% expense ratio.

Performance

AMTR vs. AMND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR) and ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMTR

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

AMND

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

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

AMTR vs. AMND - Yearly Performance Comparison

	2024	2023	2022	2021	2020
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	44.68%	12.75%	20.41%	36.99%	15.24%
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	40.42%	13.60%	21.27%	34.91%	16.11%

Correlation

The correlation between AMTR and AMND is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (All Time) Calculated using the full available price history since Oct 22, 2020	0.98

The correlation between AMTR and AMND has been stable across timeframes, ranging from 0.95 to 0.98 - a consistent structural relationship.

AMTR vs. AMND - Sectors Allocation Comparison

Sectors	AMTR	AMND
Basic Materials	0.0%	0.0%
Communication Services	0.0%	0.0%
Consumer Cyclical	0.0%	0.0%
Consumer Defensive	0.0%	0.0%
Energy	0.0%	0.0%
Financial Services	0.0%	0.0%
Healthcare	0.0%	0.0%
Industrials	0.0%	0.0%
Real Estate	0.0%	0.0%
Technology	0.0%	0.0%
Utilities	0.0%	0.0%

Return for Risk

AMTR vs. AMND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR) and ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND). 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.

Drawdowns

Volatility

AMTR vs. AMND - Expense Ratio Comparison

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

Dividends

AMTR vs. AMND - Dividend Comparison

Neither AMTR nor AMND has paid dividends to shareholders.

Position	TTM	2023	2022	2021	2020
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	6.56%	6.37%	7.10%	2.49%
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMTR and AMND in my portfolio?

With a correlation of 0.95, AMTR and AMND move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, AMTR or AMND?

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, AMTR or AMND?

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

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

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

What is the main difference between AMTR and AMND?

AMTR is categorized as MLPs, while AMND is Energy Equities. AMTR tracks Alerian Midstream Energy Index, while AMND tracks Alerian Midstream Energy Dividend Index.