ATMP vs. CLS

Last updated Jun 14, 2026

ATMP (Barclays ETN+ Select MLP ETN) is MLPs fund tracking the CIBC Atlas Select MLP VWAP, while CLS (Celestica Inc.) is a stock. Over the past 10 years, ATMP returned 5.20%/yr vs 43.71%/yr for CLS. At a 0.30 correlation, their price movements are largely independent.

Performance

ATMP vs. CLS - Performance Comparison

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

Returns By Period

In the year-to-date period, ATMP achieves a 20.60% return, which is significantly lower than CLS's 32.99% return. Over the past 10 years, ATMP has underperformed CLS with an annualized return of 5.20%, while CLS has yielded a comparatively higher 43.71% annualized return.

ATMP

• 1D: 0.46%
• 1M: -3.30%
• YTD: 20.60%
• 6M: 20.43%
• 1Y: 18.09%
• 3Y*: 21.55%
• 5Y*: 15.05%
• 10Y*: 5.20%

CLS

• 1D: 1.88%
• 1M: 3.02%
• YTD: 32.99%
• 6M: 28.26%
• 1Y: 213.67%
• 3Y*: 207.28%
• 5Y*: 116.26%
• 10Y*: 43.71%

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

ATMP vs. CLS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ATMP Barclays ETN+ Select MLP ETN	20.60%	1.73%	31.66%	14.51%	20.71%	33.06%	-34.39%	0.39%	-14.55%	-11.89%
CLS Celestica Inc.	32.99%	220.27%	215.23%	159.80%	1.26%	37.92%	-2.42%	-5.70%	-16.32%	-11.56%

Correlation

The correlation between ATMP and CLS is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Mar 13, 2013	0.30

Over the past year, the correlation between ATMP and CLS has dropped to 0.01 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.

Return for Risk

ATMP vs. CLS — Risk / Return Rank

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

ATMP

ATMP Risk / Return Rank: 44
ATMP Sharpe Ratio Rank: 42
ATMP Sortino Ratio Rank: 41
ATMP Omega Ratio Rank: 38
ATMP Calmar Ratio Rank: 58
ATMP Martin Ratio Rank: 41

CLS

CLS Risk / Return Rank: 92
CLS Sharpe Ratio Rank: 95
CLS Sortino Ratio Rank: 88
CLS Omega Ratio Rank: 88
CLS Calmar Ratio Rank: 96
CLS Martin Ratio Rank: 95

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. CLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Barclays ETN+ Select MLP ETN (ATMP) and Celestica Inc. (CLS). 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	CLS	Difference
Sharpe ratio: Return per unit of total volatility	1.31	2.78	-1.48
Sortino ratio: Return per unit of downside risk	1.87	2.81	-0.94
Omega ratio: Gain probability vs. loss probability	1.23	1.37	-0.14
Calmar ratio: Return relative to maximum drawdown	2.53	6.91	-4.38
Martin ratio: Return relative to average drawdown	5.89	16.83	-10.94

ATMP vs. CLS - Sharpe Ratio Comparison

The current ATMP Sharpe Ratio is 1.31, which is lower than the CLS Sharpe Ratio of 2.78. The chart below compares the historical Sharpe Ratios of ATMP and CLS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ATMP vs. CLS - Drawdown Comparison

The maximum ATMP drawdown since its inception was -80.86%, smaller than the maximum CLS drawdown of -96.93%. Use the drawdown chart below to compare losses from any high point for ATMP and CLS.

Drawdown Indicators

	ATMP	CLS	Difference
Max Drawdown Largest peak-to-trough decline	-80.86%	-96.93%	+16.07%
Max Drawdown (1Y) Largest decline over 1 year	-7.30%	-29.24%	+21.94%
Max Drawdown (3Y) Largest decline over 3 years	-16.48%	-53.96%	+37.48%
Max Drawdown (5Y) Largest decline over 5 years	-22.98%	-53.96%	+30.98%
Max Drawdown (10Y) Largest decline over 10 years	-75.66%	-80.60%	+4.94%
Current Drawdown Current decline from peak	-5.61%	-16.78%	+11.17%
Average Drawdown Average peak-to-trough decline	-31.08%	-73.31%	+42.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	11.98%	-8.85%

Volatility

ATMP vs. CLS - Volatility Comparison

The current volatility for Barclays ETN+ Select MLP ETN (ATMP) is 5.64%, while Celestica Inc. (CLS) has a volatility of 27.54%. This indicates that ATMP experiences smaller price fluctuations and is considered to be less risky than CLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ATMP	CLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.64%	27.54%	-21.90%
Volatility (6M) Calculated over the trailing 6-month period	10.99%	55.42%	-44.43%
Volatility (1Y) Calculated over the trailing 1-year period	14.18%	72.65%	-58.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.25%	57.70%	-35.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.67%	49.97%	-22.30%

Dividends

ATMP vs. CLS - Dividend Comparison

Neither ATMP nor CLS has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ATMP and CLS in my portfolio?

ATMP and CLS have a correlation of 0.01, 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 CLS?

CLS has higher volatility (27.54%) compared to ATMP (5.64%). In terms of maximum drawdown, ATMP dropped -80.86% vs CLS's -96.93%.

Which has better risk-adjusted returns?

CLS currently has the higher Sharpe Ratio (2.78 vs 1.30), 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.