ATMP vs. AMUB
ATMP (Barclays ETN+ Select MLP ETN) and AMUB (ETRACS Alerian MLP Index ETN Class B) are both MLPs funds - ATMP tracks the CIBC Atlas Select MLP VWAP while AMUB tracks the Alerian MLP Index. Both are passively managed. Over the past 10 years, ATMP returned 5.16%/yr vs 3.58%/yr for AMUB. Their 0.73 correlation means they have sometimes moved together and sometimes differently. ATMP charges 0.95%/yr vs 0.80%/yr for AMUB.
Performance
ATMP vs. AMUB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ATMP achieves a 26.22% return, which is significantly higher than AMUB's 23.05% return. Over the past 10 years, ATMP has outperformed AMUB with an annualized return of 5.16%, while AMUB has yielded a comparatively lower 3.58% annualized return.
ATMP
- 1D
- 0.87%
- 1M
- 5.19%
- 6M
- 17.51%
- YTD
- 26.22%
- 1Y
- 23.85%
- 3Y*
- 20.30%
- 5Y*
- 18.49%
- 10Y*
- 5.16%
- ALL TIME*
- 2.84%
AMUB
- 1D
- 1.06%
- 1M
- 7.16%
- 6M
- 13.97%
- YTD
- 23.05%
- 1Y
- 20.12%
- 3Y*
- 15.25%
- 5Y*
- 15.00%
- 10Y*
- 3.58%
- ALL TIME*
- 0.51%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.17K | $7.30K | $19.86K | |
| $521.25K | $462.49K | $511.48K |
ATMP vs. AMUB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ATMP Barclays ETN+ Select MLP ETN | 26.22% | 1.73% | 31.66% | 14.51% | 20.71% | 33.06% | -34.39% | 0.39% | -14.55% | -11.89% |
AMUB ETRACS Alerian MLP Index ETN Class B | 23.05% | 2.05% | 15.68% | 16.89% | 21.91% | 28.83% | -36.47% | -1.78% | -19.25% | -13.07% |
Correlation
The correlation between ATMP and AMUB is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (3Y) Balances recent behavior with more history. | 0.90 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.90 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.78 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2015 | 0.73 |
The correlation between ATMP and AMUB shifts across timeframes, from 0.73 (all time) to 0.91 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ATMP vs. AMUB — Risk / Return Rank
ATMP
AMUB
ATMP vs. AMUB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Barclays ETN+ Select MLP ETN (ATMP) and ETRACS Alerian MLP Index ETN Class B (AMUB). 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.
| ATMP | AMUB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.22 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.81 | 1.65 | +1.16 |
| Martin ratioReturn relative to average drawdown | 6.57 | 4.50 | +2.07 |
Loading charts...
Drawdowns
ATMP vs. AMUB - Drawdown Comparison
The maximum ATMP drawdown since its inception was -80.86%, roughly equal to the maximum AMUB drawdown of -79.46%. Use the drawdown chart below to compare losses from any high point for ATMP and AMUB.
Loading charts...
Drawdown Indicators
| ATMP | AMUB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.86% | -79.46% | -1.40% |
Max Drawdown (1Y)Largest decline over 1 year | -8.30% | -11.02% | +2.72% |
Max Drawdown (3Y)Largest decline over 3 years | -16.48% | -17.22% | +0.74% |
Max Drawdown (5Y)Largest decline over 5 years | -22.98% | -20.58% | -2.40% |
Max Drawdown (10Y)Largest decline over 10 years | -75.66% | -78.86% | +3.20% |
Current DrawdownCurrent decline from peak | -1.27% | -1.28% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -30.81% | -28.87% | -1.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 4.36% | -0.82% |
Volatility
ATMP vs. AMUB - Volatility Comparison
Barclays ETN+ Select MLP ETN (ATMP) has a higher volatility of 5.01% compared to ETRACS Alerian MLP Index ETN Class B (AMUB) at 4.77%. This indicates that ATMP's price experiences larger fluctuations and is considered to be riskier than AMUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ATMP | AMUB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.01% | 4.77% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 11.75% | 11.09% | +0.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.57% | 14.47% | +0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.94% | 19.86% | +2.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.62% | 27.18% | +0.44% |
ATMP vs. AMUB - Expense Ratio Comparison
ATMP has a 0.95% expense ratio, which is higher than AMUB's 0.80% expense ratio.
Dividends
ATMP vs. AMUB - Dividend Comparison
Neither ATMP nor AMUB has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.91, ATMP and AMUB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
ATMP has higher volatility (5.01%) compared to AMUB (4.77%). In terms of maximum drawdown, ATMP dropped -80.86% vs AMUB's -79.46%.
On 10-year performance, ATMP leads with 5.16% vs 3.58% for AMUB. On fees, AMUB is cheaper at 0.80% per year. On volatility, AMUB has been the lower-risk option at 4.77%. 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 5.16% return vs 3.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AMUB is cheaper with a 0.80% expense ratio, compared with 0.95% for ATMP.
ATMP and AMUB have nearly identical dividend yields, around 0.00%.
ATMP tracks CIBC Atlas Select MLP VWAP, while AMUB tracks Alerian MLP Index. They also come from different issuers: Barclays Capital and UBS. Their fees differ too: 0.95% for ATMP and 0.80% for AMUB.
ATMP currently has the higher Sharpe Ratio (1.60 vs 1.26), 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.
Find the right allocation for ATMP and AMUB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer