ATMP vs. QLD
Compare and contrast key facts about Barclays ETN+ Select MLP ETN (ATMP) and ProShares Ultra QQQ (QLD).
ATMP and QLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ATMP is a passively managed fund by Barclays Capital that tracks the performance of the CIBC Atlas Select MLP VWAP. It was launched on Mar 13, 2013. QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006. Both ATMP and QLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ATMP or QLD.
Key characteristics
| ATMP | QLD | |
|---|---|---|
| YTD Return | 36.34% | 45.15% |
| 1Y Return | 40.11% | 70.07% |
| 3Y Return (Ann) | 25.79% | 8.00% |
| 5Y Return (Ann) | 20.52% | 32.46% |
| 10Y Return (Ann) | 6.16% | 29.55% |
| Sharpe Ratio | 3.08 | 1.99 |
| Sortino Ratio | 4.18 | 2.47 |
| Omega Ratio | 1.54 | 1.33 |
| Calmar Ratio | 6.06 | 2.36 |
| Martin Ratio | 19.92 | 8.62 |
| Ulcer Index | 2.05% | 8.01% |
| Daily Std Dev | 13.28% | 34.69% |
| Max Drawdown | -72.92% | -83.13% |
| Current Drawdown | -1.02% | -0.48% |
Correlation
The correlation between ATMP and QLD is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ATMP vs. QLD - Performance Comparison
In the year-to-date period, ATMP achieves a 36.34% return, which is significantly lower than QLD's 45.15% return. Over the past 10 years, ATMP has underperformed QLD with an annualized return of 6.16%, while QLD has yielded a comparatively higher 29.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ATMP vs. QLD - Expense Ratio Comparison
Both ATMP and QLD have an expense ratio of 0.95%.
Risk-Adjusted Performance
ATMP vs. QLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Barclays ETN+ Select MLP ETN (ATMP) and ProShares Ultra QQQ (QLD). 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.
Dividends
ATMP vs. QLD - Dividend Comparison
ATMP's dividend yield for the trailing twelve months is around 4.59%, more than QLD's 0.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATMP Barclays ETN+ Select MLP ETN | 4.59% | 5.62% | 5.50% | 8.75% | 14.62% | 8.48% | 6.51% | 5.56% | 5.47% | 8.02% | 3.56% | 2.89% |
QLD ProShares Ultra QQQ | 0.26% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.90% | 0.11% | 0.19% | 0.13% |
Drawdowns
ATMP vs. QLD - Drawdown Comparison
The maximum ATMP drawdown since its inception was -72.92%, smaller than the maximum QLD drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for ATMP and QLD. For additional features, visit the drawdowns tool.
Volatility
ATMP vs. QLD - Volatility Comparison
The current volatility for Barclays ETN+ Select MLP ETN (ATMP) is 4.42%, while ProShares Ultra QQQ (QLD) has a volatility of 10.27%. This indicates that ATMP experiences smaller price fluctuations and is considered to be less risky than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.