AMTR vs. SPY
Compare and contrast key facts about ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR) and SPDR S&P 500 ETF (SPY).
AMTR and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both AMTR and SPY 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 SPY.
Performance
AMTR vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, AMTR achieves a 49.07% return, which is significantly higher than SPY's 25.41% return.
AMTR
49.07%
11.82%
32.91%
51.84%
N/A
N/A
SPY
25.41%
1.18%
12.15%
32.04%
15.51%
13.07%
Key characteristics
| AMTR | SPY | |
|---|---|---|
| Sharpe Ratio | 4.13 | 2.62 |
| Sortino Ratio | 5.93 | 3.50 |
| Omega Ratio | 1.75 | 1.49 |
| Calmar Ratio | 10.27 | 3.78 |
| Martin Ratio | 37.10 | 17.00 |
| Ulcer Index | 1.43% | 1.87% |
| Daily Std Dev | 12.82% | 12.14% |
| Max Drawdown | -19.33% | -55.19% |
| Current Drawdown | 0.00% | -1.38% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AMTR vs. SPY - Expense Ratio Comparison
AMTR has a 0.75% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between AMTR and SPY is 0.50, 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.
Risk-Adjusted Performance
AMTR vs. SPY - 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 SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
AMTR has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| 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% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
AMTR vs. SPY - Drawdown Comparison
The maximum AMTR drawdown since its inception was -19.33%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AMTR and SPY. For additional features, visit the drawdowns tool.
Volatility
AMTR vs. SPY - Volatility Comparison
ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR) has a higher volatility of 4.68% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that AMTR's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.