ATMP vs. AMJB

Last updated Jun 4, 2026

ATMP (Barclays ETN+ Select MLP ETN) and AMJB (Alerian MLP Index ETN) are both exchange-traded funds - ATMP is a MLPs fund tracking the CIBC Atlas Select MLP VWAP, while AMJB is a Energy Equities fund tracking the Alerian MLP Index. Both are passively managed. Over the past year, ATMP returned 18.01% vs 15.68% for AMJB. Their correlation of 0.83 suggests significant overlap in exposure. ATMP charges 0.95%/yr vs 0.85%/yr for AMJB.

Performance

ATMP vs. AMJB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Barclays ETN+ Select MLP ETN (ATMP) and Alerian MLP Index ETN (AMJB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ATMP achieves a 20.02% return, which is significantly higher than AMJB's 17.69% return.

ATMP

• 1D: 0.07%
• 1M: -2.32%
• YTD: 20.02%
• 6M: 19.57%
• 1Y: 18.01%
• 3Y*: 21.17%
• 5Y*: 15.87%
• 10Y*: 4.90%

AMJB

• 1D: 1.62%
• 1M: -1.98%
• YTD: 17.69%
• 6M: 15.52%
• 1Y: 15.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ATMP vs. AMJB - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ATMP Barclays ETN+ Select MLP ETN	20.02%	1.73%	28.78%
AMJB Alerian MLP Index ETN	17.69%	1.36%	10.85%

Correlation

The correlation between ATMP and AMJB is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jan 29, 2024	0.83

The correlation between ATMP and AMJB has been stable across timeframes, ranging from 0.80 to 0.83 - a consistent structural relationship.

Return for Risk

ATMP vs. AMJB — Risk / Return Rank

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

ATMP

ATMP Risk / Return Rank: 39
ATMP Sharpe Ratio Rank: 36
ATMP Sortino Ratio Rank: 35
ATMP Omega Ratio Rank: 33
ATMP Calmar Ratio Rank: 51
ATMP Martin Ratio Rank: 38

AMJB

AMJB Risk / Return Rank: 30
AMJB Sharpe Ratio Rank: 29
AMJB Sortino Ratio Rank: 28
AMJB Omega Ratio Rank: 26
AMJB Calmar Ratio Rank: 33
AMJB Martin Ratio Rank: 32

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.

ATMP vs. AMJB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Barclays ETN+ Select MLP ETN (ATMP) and Alerian MLP Index ETN (AMJB). 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.

	ATMP	AMJB	Difference
Sharpe ratio Return per unit of total volatility	1.31	1.03	+0.27
Sortino ratio Return per unit of downside risk	1.87	1.52	+0.35
Omega ratio Gain probability vs. loss probability	1.23	1.18	+0.05
Calmar ratio Return relative to maximum drawdown	2.51	1.60	+0.91
Martin ratio Return relative to average drawdown	6.16	4.73	+1.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ATMP vs. AMJB - Sharpe Ratio Comparison

The current ATMP Sharpe Ratio is 1.31, which is comparable to the AMJB Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of ATMP and AMJB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ATMP	AMJB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	1.03	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.70	-0.61

Drawdowns

ATMP vs. AMJB - Drawdown Comparison

The maximum ATMP drawdown since its inception was -80.86%, which is greater than AMJB's maximum drawdown of -17.70%. Use the drawdown chart below to compare losses from any high point for ATMP and AMJB.

Drawdown Indicators

	ATMP	AMJB	Difference
Max Drawdown Largest peak-to-trough decline	-80.86%	-17.70%	-63.16%
Max Drawdown (1Y) Largest decline over 1 year	-7.26%	-9.90%	+2.64%
Max Drawdown (3Y) Largest decline over 3 years	-16.48%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.98%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-75.66%	—	—
Current Drawdown Current decline from peak	-6.07%	-6.06%	-0.01%
Average Drawdown Average peak-to-trough decline	-31.15%	-4.98%	-26.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	3.34%	-0.39%

Volatility

ATMP vs. AMJB - Volatility Comparison

Barclays ETN+ Select MLP ETN (ATMP) and Alerian MLP Index ETN (AMJB) have volatilities of 5.61% and 5.66%, 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.

Volatility by Period

	ATMP	AMJB	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.61%	5.66%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	10.72%	12.18%	-1.46%
Volatility (1Y) Calculated over the trailing 1-year period	14.00%	15.37%	-1.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.23%	18.19%	+4.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.68%	18.19%	+9.49%

ATMP vs. AMJB - Expense Ratio Comparison

ATMP has a 0.95% expense ratio, which is higher than AMJB's 0.85% expense ratio.

Dividends

ATMP vs. AMJB - Dividend Comparison

Neither ATMP nor AMJB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ATMP and AMJB in my portfolio?

ATMP and AMJB have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ATMP or AMJB?

AMJB has higher volatility (5.66%) compared to ATMP (5.61%). In terms of maximum drawdown, ATMP dropped -80.86% vs AMJB's -17.70%.

Which ETF is better, ATMP or AMJB?

On 1-year performance, ATMP leads with 18.01% vs 15.68% for AMJB. On fees, AMJB is cheaper at 0.85% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ATMP or AMJB?

Over the 1-year period, ATMP has performed better with a 18.01% return vs 15.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ATMP or AMJB?

AMJB is cheaper with a 0.85% expense ratio, compared with 0.95% for ATMP.

Which ETF pays a higher dividend yield, ATMP or AMJB?

ATMP and AMJB have nearly identical dividend yields, around 0.00%.

What is the main difference between ATMP and AMJB?

ATMP is categorized as MLPs, while AMJB is Energy Equities. ATMP tracks CIBC Atlas Select MLP VWAP, while AMJB tracks Alerian MLP Index. They also come from different issuers: Barclays Capital and JPMorgan. Their fees differ too: 0.95% for ATMP and 0.85% for AMJB.

Which has better risk-adjusted returns?

ATMP currently has the higher Sharpe Ratio (1.31 vs 1.03), 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.