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ATMP vs. AMLP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ATMP vs. AMLP

Last updated Jun 4, 2026

ATMP (Barclays ETN+ Select MLP ETN) and AMLP (Alerian MLP ETF) are both MLPs funds - ATMP tracks the CIBC Atlas Select MLP VWAP while AMLP tracks the Alerian MLP Infrastructure Index. Both are passively managed. Over the past 10 years, ATMP returned 4.90%/yr vs 6.76%/yr for AMLP. Their correlation of 0.90 suggests significant overlap in exposure. ATMP charges 0.95%/yr vs 0.90%/yr for AMLP.

Performance

ATMP vs. AMLP - Performance Comparison

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

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Returns By Period

In the year-to-date period, ATMP achieves a 20.02% return, which is significantly higher than AMLP's 16.31% return. Over the past 10 years, ATMP has underperformed AMLP with an annualized return of 4.90%, while AMLP has yielded a comparatively higher 6.76% annualized 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%

AMLP

1D
-0.27%
1M
-0.57%
YTD
16.31%
6M
14.89%
1Y
17.06%
3Y*
20.15%
5Y*
16.90%
10Y*
6.76%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ATMP vs. AMLP - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ATMP
Barclays ETN+ Select MLP ETN		20.02%1.73%31.66%14.51%20.71%33.06%-34.39%0.39%-14.55%-11.89%
AMLP
Alerian MLP ETF		16.31%5.78%22.76%21.40%25.47%39.09%-32.26%5.99%-12.67%-7.89%

Correlation

The correlation between ATMP and AMLP is 0.87, 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

0.87

Correlation (3Y)
Calculated over the trailing 3-year period

0.89

Correlation (5Y)
Calculated over the trailing 5-year period

0.89

Correlation (10Y)
Calculated over the trailing 10-year period

0.91

Correlation (All Time)
Calculated using the full available price history since Mar 14, 2013

0.90

The correlation between ATMP and AMLP has been stable across timeframes, ranging from 0.87 to 0.91 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Barclays ETN+ Select MLP ETN

Alerian MLP ETF

Often compared with ATMP:
ATMP vs. AMZAATMP vs. ENFRATMP vs. GSIBATMP vs. MLPXATMP vs. CLSEATMP vs. QLDATMP vs. MLPR
Often compared with AMLP:
AMLP vs. MLPAAMLP vs. ENFRAMLP vs. XLEAMLP vs. SPYAMLP vs. ETAMLP vs. VDEAMLP vs. KYN

Return for Risk

ATMP vs. AMLP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ATMP
ATMP Risk / Return Rank: 3939
Overall Rank
ATMP Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
ATMP Sortino Ratio Rank: 3535
Sortino Ratio Rank
ATMP Omega Ratio Rank: 3333
Omega Ratio Rank
ATMP Calmar Ratio Rank: 5151
Calmar Ratio Rank
ATMP Martin Ratio Rank: 3838
Martin Ratio Rank
AMLP
AMLP Risk / Return Rank: 3939
Overall Rank
AMLP Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
AMLP Sortino Ratio Rank: 3939
Sortino Ratio Rank
AMLP Omega Ratio Rank: 3737
Omega Ratio Rank
AMLP Calmar Ratio Rank: 3838
Calmar Ratio Rank
AMLP Martin Ratio Rank: 3939
Martin Ratio Rank
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. AMLP - Risk-Adjusted Trends Comparison

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

ATMPAMLPDifference

Sharpe ratio

Return per unit of total volatility

1.31

1.45

-0.14

Sortino ratio

Return per unit of downside risk

1.87

2.03

-0.16

Omega ratio

Gain probability vs. loss probability

1.23

1.25

-0.03

Calmar ratio

Return relative to maximum drawdown

2.51

1.92

+0.60

Martin ratio

Return relative to average drawdown

6.16

6.37

-0.22

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. AMLP - Sharpe Ratio Comparison

The current ATMP Sharpe Ratio is 1.31, which is comparable to the AMLP Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of ATMP and AMLP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ATMPAMLPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.31

1.45

-0.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.72

0.85

-0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.18

0.24

-0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.09

0.22

-0.13

Drawdowns

ATMP vs. AMLP - Drawdown Comparison

The maximum ATMP drawdown since its inception was -80.86%, roughly equal to the maximum AMLP drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for ATMP and AMLP.

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Drawdown Indicators

ATMPAMLPDifference

Max Drawdown

Largest peak-to-trough decline

-80.86%

-77.19%

-3.67%

Max Drawdown (1Y)

Largest decline over 1 year

-7.26%

-8.94%

+1.68%

Max Drawdown (3Y)

Largest decline over 3 years

-16.48%

-14.27%

-2.21%

Max Drawdown (5Y)

Largest decline over 5 years

-22.98%

-20.92%

-2.06%

Max Drawdown (10Y)

Largest decline over 10 years

-75.66%

-72.62%

-3.04%

Current Drawdown

Current decline from peak

-6.07%

-4.10%

-1.97%

Average Drawdown

Average peak-to-trough decline

-31.15%

-17.40%

-13.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.95%

2.68%

+0.27%

Volatility

ATMP vs. AMLP - Volatility Comparison

Barclays ETN+ Select MLP ETN (ATMP) has a higher volatility of 5.61% compared to Alerian MLP ETF (AMLP) at 4.91%. This indicates that ATMP's price experiences larger fluctuations and is considered to be riskier than AMLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ATMPAMLPDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.61%

4.91%

+0.70%

Volatility (6M)

Calculated over the trailing 6-month period

10.72%

8.66%

+2.06%

Volatility (1Y)

Calculated over the trailing 1-year period

14.00%

11.90%

+2.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.23%

19.98%

+2.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.68%

27.68%

0.00%

ATMP vs. AMLP - Expense Ratio Comparison

ATMP has a 0.95% expense ratio, which is higher than AMLP's 0.90% expense ratio.

Dividends

ATMP vs. AMLP - Dividend Comparison

ATMP has not paid dividends to shareholders, while AMLP's dividend yield for the trailing twelve months is around 7.64%.

PositionTTM20252024202320222021202020192018201720162015
AMLP
Alerian MLP ETF		7.64%8.36%7.70%7.86%7.70%8.55%12.31%9.12%9.29%7.97%8.09%9.84%
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

ATMP and AMLP have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ATMP has higher volatility (5.61%) compared to AMLP (4.91%). In terms of maximum drawdown, ATMP dropped -80.86% vs AMLP's -77.19%.

On 10-year performance, AMLP leads with 6.76% vs 4.90% for ATMP. On fees, AMLP is cheaper at 0.90% per year. On volatility, AMLP has been the lower-risk option at 4.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, AMLP has performed better with a 6.76% return vs 4.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

AMLP is cheaper with a 0.90% expense ratio, compared with 0.95% for ATMP.

AMLP has the higher dividend yield at 7.64%, compared with 0.00% for ATMP.

ATMP tracks CIBC Atlas Select MLP VWAP, while AMLP tracks Alerian MLP Infrastructure Index. They also come from different issuers: Barclays Capital and SS&C. Their fees differ too: 0.95% for ATMP and 0.90% for AMLP.

AMLP currently has the higher Sharpe Ratio (1.45 vs 1.31), 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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