AMZA vs. ATMP
AMZA (InfraCap MLP ETF) and ATMP (Barclays ETN+ Select MLP ETN) are both MLPs funds. AMZA is actively managed, while ATMP is passively managed. Over the past 10 years, AMZA returned 4.82%/yr vs 4.89%/yr for ATMP. Their correlation of 0.89 suggests significant overlap in exposure. AMZA charges 2.01%/yr vs 0.95%/yr for ATMP.
Performance
AMZA vs. ATMP - Performance Comparison
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Returns By Period
In the year-to-date period, AMZA achieves a 21.75% return, which is significantly higher than ATMP's 19.93% return. Both investments have delivered pretty close results over the past 10 years, with AMZA having a 4.82% annualized return and ATMP not far ahead at 4.89%.
AMZA
- 1D
- 1.05%
- 1M
- -0.40%
- YTD
- 21.75%
- 6M
- 21.36%
- 1Y
- 19.39%
- 3Y*
- 21.86%
- 5Y*
- 19.46%
- 10Y*
- 4.82%
ATMP
- 1D
- -1.19%
- 1M
- -1.47%
- YTD
- 19.93%
- 6M
- 20.71%
- 1Y
- 19.23%
- 3Y*
- 21.15%
- 5Y*
- 16.13%
- 10Y*
- 4.89%
AMZA vs. ATMP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMZA InfraCap MLP ETF | 21.75% | 0.17% | 30.90% | 23.35% | 33.20% | 51.22% | -49.25% | 6.27% | -26.78% | -6.90% |
ATMP Barclays ETN+ Select MLP ETN | 19.93% | 1.73% | 31.66% | 14.51% | 20.71% | 33.06% | -34.39% | 0.39% | -14.55% | -11.89% |
Correlation
The correlation between AMZA and ATMP is 0.84, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2014 | 0.89 |
The correlation between AMZA and ATMP has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.
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Return for Risk
AMZA vs. ATMP — Risk / Return Rank
AMZA
ATMP
AMZA vs. ATMP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for InfraCap MLP ETF (AMZA) and Barclays ETN+ Select MLP ETN (ATMP). 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.
| AMZA | ATMP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.10 | 1.39 | -0.29 |
Sortino ratioReturn per unit of downside risk | 1.61 | 1.98 | -0.37 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.24 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.71 | 2.50 | -0.78 |
Martin ratioReturn relative to average drawdown | 4.33 | 6.20 | -1.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AMZA | ATMP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 1.39 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.73 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | 0.18 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.02 | 0.09 | -0.11 |
Drawdowns
AMZA vs. ATMP - Drawdown Comparison
The maximum AMZA drawdown since its inception was -91.46%, which is greater than ATMP's maximum drawdown of -80.86%. Use the drawdown chart below to compare losses from any high point for AMZA and ATMP.
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Drawdown Indicators
| AMZA | ATMP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.46% | -80.86% | -10.60% |
Max Drawdown (1Y)Largest decline over 1 year | -12.16% | -7.26% | -4.90% |
Max Drawdown (3Y)Largest decline over 3 years | -18.56% | -16.48% | -2.08% |
Max Drawdown (5Y)Largest decline over 5 years | -25.15% | -22.98% | -2.17% |
Max Drawdown (10Y)Largest decline over 10 years | -86.84% | -75.66% | -11.18% |
Current DrawdownCurrent decline from peak | -10.54% | -6.13% | -4.41% |
Average DrawdownAverage peak-to-trough decline | -45.03% | -31.15% | -13.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.81% | 2.93% | +1.88% |
Volatility
AMZA vs. ATMP - Volatility Comparison
The current volatility for InfraCap MLP ETF (AMZA) is 5.86%, while Barclays ETN+ Select MLP ETN (ATMP) has a volatility of 6.18%. This indicates that AMZA experiences smaller price fluctuations and is considered to be less risky than ATMP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMZA | ATMP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.86% | 6.18% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 13.40% | 10.74% | +2.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.75% | 14.05% | +3.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.84% | 22.23% | +3.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.26% | 27.69% | +9.57% |
AMZA vs. ATMP - Expense Ratio Comparison
AMZA has a 2.01% expense ratio, which is higher than ATMP's 0.95% expense ratio.
Dividends
AMZA vs. ATMP - Dividend Comparison
AMZA's dividend yield for the trailing twelve months is around 8.05%, while ATMP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZA InfraCap MLP ETF | 8.05% | 8.81% | 7.29% | 9.40% | 7.65% | 10.24% | 22.13% | 19.47% | 34.46% | 24.16% | 18.36% | 18.21% |
ATMP Barclays ETN+ Select MLP 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% |
Frequently Asked Questions
AMZA and ATMP have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ATMP has higher volatility (6.18%) compared to AMZA (5.86%). In terms of maximum drawdown, AMZA dropped -91.46% vs ATMP's -80.86%.
On 10-year performance, ATMP leads with 4.89% vs 4.82% for AMZA. On fees, ATMP is cheaper at 0.95% per year. On volatility, AMZA has been the lower-risk option at 5.86%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, ATMP has performed better with a 4.89% return vs 4.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ATMP is cheaper with a 0.95% expense ratio, compared with 2.01% for AMZA.
AMZA has the higher dividend yield at 8.05%, compared with 0.00% for ATMP.
They also come from different issuers: Virtus Investment Partners and Barclays Capital. Their fees differ too: 2.01% for AMZA and 0.95% for ATMP.
ATMP currently has the higher Sharpe Ratio (1.39 vs 1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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