ATMP vs. SPMO
Compare and contrast key facts about Barclays ETN+ Select MLP ETN (ATMP) and Invesco S&P 500® Momentum ETF (SPMO).
ATMP and SPMO 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. SPMO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Momentum Index. It was launched on Oct 9, 2015. Both ATMP and SPMO 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 SPMO.
Correlation
The correlation between ATMP and SPMO 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. SPMO - Performance Comparison
Key characteristics
ATMP:
3.27
SPMO:
2.12
ATMP:
4.09
SPMO:
2.80
ATMP:
1.56
SPMO:
1.38
ATMP:
5.35
SPMO:
2.95
ATMP:
19.82
SPMO:
11.88
ATMP:
2.60%
SPMO:
3.27%
ATMP:
15.65%
SPMO:
18.38%
ATMP:
-72.93%
SPMO:
-30.95%
ATMP:
-2.53%
SPMO:
-0.18%
Returns By Period
In the year-to-date period, ATMP achieves a 9.19% return, which is significantly higher than SPMO's 8.48% return.
ATMP
9.19%
-0.83%
23.11%
46.12%
22.58%
7.52%
SPMO
8.48%
4.48%
15.64%
38.38%
19.59%
N/A
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ATMP vs. SPMO - Expense Ratio Comparison
ATMP has a 0.95% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
ATMP vs. SPMO — Risk-Adjusted Performance Rank
ATMP
SPMO
ATMP vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Barclays ETN+ Select MLP ETN (ATMP) and Invesco S&P 500® Momentum ETF (SPMO). 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. SPMO - Dividend Comparison
ATMP's dividend yield for the trailing twelve months is around 4.32%, more than SPMO's 0.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATMP Barclays ETN+ Select MLP ETN | 4.32% | 4.72% | 5.62% | 5.50% | 8.75% | 14.62% | 8.48% | 6.51% | 5.56% | 5.47% | 8.02% | 3.56% |
SPMO Invesco S&P 500® Momentum ETF | 0.44% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% | 0.00% |
Drawdowns
ATMP vs. SPMO - Drawdown Comparison
The maximum ATMP drawdown since its inception was -72.93%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for ATMP and SPMO. For additional features, visit the drawdowns tool.
Volatility
ATMP vs. SPMO - Volatility Comparison
Barclays ETN+ Select MLP ETN (ATMP) has a higher volatility of 6.85% compared to Invesco S&P 500® Momentum ETF (SPMO) at 4.84%. This indicates that ATMP's price experiences larger fluctuations and is considered to be riskier than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.