ATMP vs. PUTW

Last updated Jun 9, 2026

ATMP (Barclays ETN+ Select MLP ETN) and PUTW (WisdomTree Equity Premium Income Fund) are both funds - ATMP is a MLPs fund tracking the CIBC Atlas Select MLP VWAP, while PUTW is a Derivative Income fund tracking the Volos U.S. Large Cap Target 2.5% PutWrite Index. Both are passively managed. Over the past 10 years, ATMP returned 4.85%/yr vs 8.16%/yr for PUTW. At a 0.38 correlation, their price movements are largely independent. ATMP charges 0.95%/yr vs 0.44%/yr for PUTW.

Performance

ATMP vs. PUTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Barclays ETN+ Select MLP ETN (ATMP) and WisdomTree Equity Premium Income Fund (PUTW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ATMP achieves a 19.92% return, which is significantly higher than PUTW's 3.16% return. Over the past 10 years, ATMP has underperformed PUTW with an annualized return of 4.85%, while PUTW has yielded a comparatively higher 8.16% annualized return.

ATMP

• 1D: -0.58%
• 1M: 0.80%
• YTD: 19.92%
• 6M: 18.88%
• 1Y: 18.32%
• 3Y*: 21.05%
• 5Y*: 15.42%
• 10Y*: 4.85%

PUTW

• 1D: 0.21%
• 1M: 0.33%
• YTD: 3.16%
• 6M: 3.39%
• 1Y: 17.33%
• 3Y*: 13.04%
• 5Y*: 9.64%
• 10Y*: 8.16%

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

ATMP vs. PUTW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ATMP Barclays ETN+ Select MLP ETN	19.92%	1.73%	31.66%	14.51%	20.71%	33.06%	-34.39%	0.39%	-14.55%	-11.89%
PUTW WisdomTree Equity Premium Income Fund	3.16%	14.45%	17.18%	15.53%	-10.11%	20.94%	1.65%	13.55%	-7.16%	10.09%

Correlation

The correlation between ATMP and PUTW is 0.03, 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	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.39
Correlation (All Time) Calculated using the full available price history since Feb 25, 2016	0.38

Over the past year, the correlation between ATMP and PUTW has dropped to 0.03 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.

Return for Risk

ATMP vs. PUTW — Risk / Return Rank

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

ATMP

ATMP Risk / Return Rank: 43
ATMP Sharpe Ratio Rank: 41
ATMP Sortino Ratio Rank: 40
ATMP Omega Ratio Rank: 38
ATMP Calmar Ratio Rank: 56
ATMP Martin Ratio Rank: 42

PUTW

PUTW Risk / Return Rank: 50
PUTW Sharpe Ratio Rank: 47
PUTW Sortino Ratio Rank: 44
PUTW Omega Ratio Rank: 55
PUTW Calmar Ratio Rank: 44
PUTW Martin Ratio Rank: 61

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. PUTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Barclays ETN+ Select MLP ETN (ATMP) and WisdomTree Equity Premium Income Fund (PUTW). 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	PUTW	Difference
Sharpe ratio: Return per unit of total volatility	1.31	1.94	-0.63
Sortino ratio: Return per unit of downside risk	1.86	2.69	-0.83
Omega ratio: Gain probability vs. loss probability	1.23	1.39	-0.16
Calmar ratio: Return relative to maximum drawdown	2.53	2.43	+0.10
Martin ratio: Return relative to average drawdown	6.05	11.63	-5.58
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. PUTW - Sharpe Ratio Comparison

The current ATMP Sharpe Ratio is 1.31, which is lower than the PUTW Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of ATMP and PUTW, 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	PUTW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	1.94	-0.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.80	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	0.62	-0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.64	-0.55

Drawdowns

ATMP vs. PUTW - Drawdown Comparison

The maximum ATMP drawdown since its inception was -80.86%, which is greater than PUTW's maximum drawdown of -28.40%. Use the drawdown chart below to compare losses from any high point for ATMP and PUTW.

Drawdown Indicators

	ATMP	PUTW	Difference
Max Drawdown Largest peak-to-trough decline	-80.86%	-28.40%	-52.46%
Max Drawdown (1Y) Largest decline over 1 year	-7.30%	-7.15%	-0.15%
Max Drawdown (3Y) Largest decline over 3 years	-16.48%	-15.26%	-1.22%
Max Drawdown (5Y) Largest decline over 5 years	-22.98%	-16.56%	-6.42%
Max Drawdown (10Y) Largest decline over 10 years	-75.66%	-28.40%	-47.26%
Current Drawdown Current decline from peak	-6.15%	-1.32%	-4.83%
Average Drawdown Average peak-to-trough decline	-31.12%	-3.44%	-27.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	1.49%	+1.55%

Volatility

ATMP vs. PUTW - Volatility Comparison

Barclays ETN+ Select MLP ETN (ATMP) has a higher volatility of 5.72% compared to WisdomTree Equity Premium Income Fund (PUTW) at 1.83%. This indicates that ATMP's price experiences larger fluctuations and is considered to be riskier than PUTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ATMP	PUTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.72%	1.83%	+3.89%
Volatility (6M) Calculated over the trailing 6-month period	10.93%	7.17%	+3.76%
Volatility (1Y) Calculated over the trailing 1-year period	14.17%	8.99%	+5.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.25%	12.15%	+10.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.69%	13.23%	+14.46%

ATMP vs. PUTW - Expense Ratio Comparison

ATMP has a 0.95% expense ratio, which is higher than PUTW's 0.44% expense ratio.

Dividends

ATMP vs. PUTW - Dividend Comparison

ATMP has not paid dividends to shareholders, while PUTW's dividend yield for the trailing twelve months is around 12.19%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
PUTW WisdomTree Equity Premium Income Fund	12.19%	13.18%	11.99%	8.94%	3.27%	0.00%	1.43%	1.47%	6.46%	3.52%	2.27%

Frequently Asked Questions

Can I hold both ATMP and PUTW in my portfolio?

ATMP and PUTW have a correlation of 0.03, 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 PUTW?

ATMP has higher volatility (5.72%) compared to PUTW (1.83%). In terms of maximum drawdown, ATMP dropped -80.86% vs PUTW's -28.40%.

Which has better risk-adjusted returns?

PUTW currently has the higher Sharpe Ratio (1.94 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.