AMTR vs. KYN

Last updated Jun 24, 2026

AMTR (ETRACS Alerian Midstream Energy Total Return Index ETN) and KYN (Kayne Anderson Energy Infrastructure Fund) are both funds - AMTR is a MLPs fund tracking the Alerian Midstream Energy Index, while KYN is a Energy Equities fund actively managed by Kayne Anderson. AMTR is passively managed, while KYN is actively managed. A 0.71 correlation means they provide meaningful diversification when combined. AMTR charges 0.75%/yr vs 2.00%/yr for KYN.

Performance

AMTR vs. KYN - 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 Kayne Anderson Energy Infrastructure Fund (KYN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMTR

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

KYN

• 1D: 1.56%
• 1M: -2.73%
• YTD: 14.87%
• 6M: 18.51%
• 1Y: 20.38%
• 3Y*: 30.33%
• 5Y*: 20.04%
• 10Y*: 6.56%

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

AMTR vs. KYN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	0.00%	0.00%	44.68%	12.75%	20.41%	36.99%	14.40%
KYN Kayne Anderson Energy Infrastructure Fund	14.87%	5.34%	60.45%	13.19%	20.50%	44.21%	27.98%

Correlation

The correlation between AMTR and KYN is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since Oct 21, 2020	0.71

The correlation between AMTR and KYN shifts across timeframes, from 0.46 (3 years) to 0.71 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AMTR vs. KYN — Risk / Return Rank

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

AMTR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

KYN

KYN Risk / Return Rank: 26
KYN Sharpe Ratio Rank: 20
KYN Sortino Ratio Rank: 19
KYN Omega Ratio Rank: 18
KYN Calmar Ratio Rank: 42
KYN Martin Ratio Rank: 28

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.

AMTR vs. KYN - 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 Kayne Anderson Energy Infrastructure Fund (KYN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AMTR	KYN	Difference
Sharpe ratio: Return per unit of total volatility	—	1.21	—
Sortino ratio: Return per unit of downside risk	—	1.70	—
Omega ratio: Gain probability vs. loss probability	—	1.21	—
Calmar ratio: Return relative to maximum drawdown	—	2.37	—
Martin ratio: Return relative to average drawdown	—	6.18	—

Drawdowns

Drawdown Indicators

	AMTR	KYN	Difference
Max Drawdown Largest peak-to-trough decline	—	-91.43%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.65%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-87.74%	—
Current Drawdown Current decline from peak	—	-5.27%	—
Average Drawdown Average peak-to-trough decline	—	-26.90%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.30%	—

Volatility

Volatility by Period

	AMTR	KYN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.99%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	23.10%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	40.85%	—

AMTR vs. KYN - Expense Ratio Comparison

AMTR has a 0.75% expense ratio, which is lower than KYN's 2.00% expense ratio.

Dividends

AMTR vs. KYN - Dividend Comparison

AMTR has not paid dividends to shareholders, while KYN's dividend yield for the trailing twelve months is around 7.23%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
KYN Kayne Anderson Energy Infrastructure Fund	7.23%	7.75%	8.34%	9.45%	9.05%	6.42%	16.17%	10.34%	14.17%	9.97%	11.24%	15.20%

Frequently Asked Questions

Can I hold both AMTR and KYN in my portfolio?

AMTR and KYN have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.