PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ATMP vs. AMZA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ATMP and AMZA is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

ATMP vs. AMZA - Performance Comparison

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

-5.00%0.00%5.00%10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
16.93%
8.67%
ATMP
AMZA

Key characteristics

Sharpe Ratio

ATMP:

2.68

AMZA:

1.32

Sortino Ratio

ATMP:

3.57

AMZA:

1.83

Omega Ratio

ATMP:

1.47

AMZA:

1.23

Calmar Ratio

ATMP:

3.96

AMZA:

0.58

Martin Ratio

ATMP:

17.72

AMZA:

6.42

Ulcer Index

ATMP:

2.15%

AMZA:

4.02%

Daily Std Dev

ATMP:

14.21%

AMZA:

19.57%

Max Drawdown

ATMP:

-72.93%

AMZA:

-91.46%

Current Drawdown

ATMP:

-7.92%

AMZA:

-29.08%

Returns By Period

In the year-to-date period, ATMP achieves a 36.77% return, which is significantly higher than AMZA's 26.64% return. Over the past 10 years, ATMP has outperformed AMZA with an annualized return of 6.33%, while AMZA has yielded a comparatively lower -2.40% annualized return.


ATMP

YTD

36.77%

1M

-3.33%

6M

16.92%

1Y

37.62%

5Y*

18.80%

10Y*

6.33%

AMZA

YTD

26.64%

1M

-5.04%

6M

8.67%

1Y

26.71%

5Y*

9.68%

10Y*

-2.40%

Compare stocks, funds, or ETFs

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


ATMP vs. AMZA - Expense Ratio Comparison

ATMP has a 0.95% expense ratio, which is lower than AMZA's 2.01% expense ratio.


AMZA
InfraCap MLP ETF
Expense ratio chart for AMZA: current value at 2.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%2.01%
Expense ratio chart for ATMP: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

ATMP vs. AMZA - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for ATMP, currently valued at 2.68, compared to the broader market0.002.004.002.681.32
The chart of Sortino ratio for ATMP, currently valued at 3.57, compared to the broader market-2.000.002.004.006.008.0010.003.571.83
The chart of Omega ratio for ATMP, currently valued at 1.47, compared to the broader market0.501.001.502.002.503.001.471.23
The chart of Calmar ratio for ATMP, currently valued at 3.96, compared to the broader market0.005.0010.0015.003.960.58
The chart of Martin ratio for ATMP, currently valued at 17.72, compared to the broader market0.0020.0040.0060.0080.00100.0017.726.42
ATMP
AMZA

The current ATMP Sharpe Ratio is 2.68, which is higher than the AMZA Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of ATMP and AMZA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.68
1.32
ATMP
AMZA

Dividends

ATMP vs. AMZA - Dividend Comparison

ATMP's dividend yield for the trailing twelve months is around 4.79%, less than AMZA's 6.87% yield.


TTM20232022202120202019201820172016201520142013
ATMP
Barclays ETN+ Select MLP ETN
4.79%5.62%5.50%8.75%14.62%8.48%6.51%5.56%5.47%8.02%3.56%2.89%
AMZA
InfraCap MLP ETF
6.87%9.40%7.65%10.24%22.13%19.47%34.46%24.16%18.36%18.21%0.00%0.00%

Drawdowns

ATMP vs. AMZA - Drawdown Comparison

The maximum ATMP drawdown since its inception was -72.93%, smaller than the maximum AMZA drawdown of -91.46%. Use the drawdown chart below to compare losses from any high point for ATMP and AMZA. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.92%
-29.08%
ATMP
AMZA

Volatility

ATMP vs. AMZA - Volatility Comparison

The current volatility for Barclays ETN+ Select MLP ETN (ATMP) is 6.49%, while InfraCap MLP ETF (AMZA) has a volatility of 8.52%. This indicates that ATMP experiences smaller price fluctuations and is considered to be less risky than AMZA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
6.49%
8.52%
ATMP
AMZA
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab