AMTR vs. KBWP
Compare and contrast key facts about ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR) and Invesco KBW Property & Casualty Insurance ETF (KBWP).
AMTR and KBWP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMTR is a passively managed fund by UBS that tracks the performance of the Alerian Midstream Energy Index. It was launched on Oct 20, 2020. KBWP is a passively managed fund by Invesco that tracks the performance of the KBW Nasdaq Property & Casualty (TR). It was launched on Dec 2, 2010. Both AMTR and KBWP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMTR or KBWP.
Correlation
The correlation between AMTR and KBWP is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AMTR vs. KBWP - Performance Comparison
Key characteristics
AMTR:
3.62
KBWP:
2.06
AMTR:
5.03
KBWP:
2.72
AMTR:
1.67
KBWP:
1.38
AMTR:
9.35
KBWP:
3.45
AMTR:
33.97
KBWP:
11.90
AMTR:
1.44%
KBWP:
2.74%
AMTR:
13.51%
KBWP:
15.81%
AMTR:
-19.33%
KBWP:
-39.77%
AMTR:
-5.24%
KBWP:
-7.87%
Returns By Period
In the year-to-date period, AMTR achieves a 44.69% return, which is significantly higher than KBWP's 30.02% return.
AMTR
44.69%
-2.94%
27.99%
44.98%
N/A
N/A
KBWP
30.02%
-3.95%
13.02%
32.06%
12.62%
12.89%
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AMTR vs. KBWP - Expense Ratio Comparison
AMTR has a 0.75% expense ratio, which is higher than KBWP's 0.35% expense ratio.
Risk-Adjusted Performance
AMTR vs. KBWP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR) and Invesco KBW Property & Casualty Insurance ETF (KBWP). 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.
Dividends
AMTR vs. KBWP - Dividend Comparison
AMTR has not paid dividends to shareholders, while KBWP's dividend yield for the trailing twelve months is around 0.97%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KBWP Invesco KBW Property & Casualty Insurance ETF | 0.97% | 1.68% | 1.99% | 3.02% | 1.93% | 1.99% | 2.11% | 1.90% | 2.14% | 1.35% | 2.73% | 1.72% |
Drawdowns
AMTR vs. KBWP - Drawdown Comparison
The maximum AMTR drawdown since its inception was -19.33%, smaller than the maximum KBWP drawdown of -39.77%. Use the drawdown chart below to compare losses from any high point for AMTR and KBWP. For additional features, visit the drawdowns tool.
Volatility
AMTR vs. KBWP - Volatility Comparison
ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR) and Invesco KBW Property & Casualty Insurance ETF (KBWP) have volatilities of 5.29% and 5.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.