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ATMP vs. XLE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ATMP vs. XLE

Last updated Jun 4, 2026

ATMP (Barclays ETN+ Select MLP ETN) and XLE (State Street Energy Select Sector SPDR ETF) are both exchange-traded funds - ATMP is a MLPs fund tracking the CIBC Atlas Select MLP VWAP, while XLE is a Energy Equities fund tracking the Energy Select Sector Index. Both are passively managed. Over the past 10 years, ATMP returned 4.90%/yr vs 10.22%/yr for XLE. A 0.70 correlation means they provide meaningful diversification when combined. ATMP charges 0.95%/yr vs 0.08%/yr for XLE.

Performance

ATMP vs. XLE - Performance Comparison

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

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Returns By Period

In the year-to-date period, ATMP achieves a 20.02% return, which is significantly lower than XLE's 32.17% return. Over the past 10 years, ATMP has underperformed XLE with an annualized return of 4.90%, while XLE has yielded a comparatively higher 10.22% annualized return.

ATMP

1D
0.07%
1M
-2.32%
YTD
20.02%
6M
19.57%
1Y
18.01%
3Y*
21.17%
5Y*
15.87%
10Y*
4.90%

XLE

1D
1.29%
1M
-1.14%
YTD
32.17%
6M
29.80%
1Y
45.00%
3Y*
17.46%
5Y*
20.44%
10Y*
10.22%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ATMP vs. XLE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ATMP
Barclays ETN+ Select MLP ETN		20.02%1.73%31.66%14.51%20.71%33.06%-34.39%0.39%-14.55%-11.89%
XLE
State Street Energy Select Sector SPDR ETF		32.17%7.88%5.56%-0.63%64.32%53.28%-32.67%11.74%-18.22%-0.89%

Correlation

The correlation between ATMP and XLE is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.63

Correlation (3Y)
Calculated over the trailing 3-year period

0.66

Correlation (5Y)
Calculated over the trailing 5-year period

0.71

Correlation (10Y)
Calculated over the trailing 10-year period

0.72

Correlation (All Time)
Calculated using the full available price history since Mar 14, 2013

0.70

The correlation between ATMP and XLE has been stable across timeframes, ranging from 0.63 to 0.72 - a consistent structural relationship.

Compare stocks, funds, or ETFs

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Barclays ETN+ Select MLP ETN

State Street Energy Select Sector SPDR ETF

Often compared with ATMP:
ATMP vs. AMZAATMP vs. ENFRATMP vs. GSIBATMP vs. MLPXATMP vs. CLSEATMP vs. QLDATMP vs. MLPR
Often compared with XLE:
XLE vs. VDEXLE vs. USOXLE vs. XOPXLE vs. XLUXLE vs. XLKXLE vs. IXCXLE vs. FENY

Return for Risk

ATMP vs. XLE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ATMP
ATMP Risk / Return Rank: 3939
Overall Rank
ATMP Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
ATMP Sortino Ratio Rank: 3535
Sortino Ratio Rank
ATMP Omega Ratio Rank: 3333
Omega Ratio Rank
ATMP Calmar Ratio Rank: 5151
Calmar Ratio Rank
ATMP Martin Ratio Rank: 3838
Martin Ratio Rank
XLE
XLE Risk / Return Rank: 6363
Overall Rank
XLE Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
XLE Sortino Ratio Rank: 5959
Sortino Ratio Rank
XLE Omega Ratio Rank: 5656
Omega Ratio Rank
XLE Calmar Ratio Rank: 7373
Calmar Ratio Rank
XLE Martin Ratio Rank: 6060
Martin Ratio Rank
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. XLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Barclays ETN+ Select MLP ETN (ATMP) and State Street Energy Select Sector SPDR ETF (XLE). 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.

ATMPXLEDifference

Sharpe ratio

Return per unit of total volatility

1.31

2.21

-0.90

Sortino ratio

Return per unit of downside risk

1.87

2.84

-0.97

Omega ratio

Gain probability vs. loss probability

1.23

1.35

-0.13

Calmar ratio

Return relative to maximum drawdown

2.51

3.75

-1.24

Martin ratio

Return relative to average drawdown

6.16

10.92

-4.77

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. XLE - Sharpe Ratio Comparison

The current ATMP Sharpe Ratio is 1.31, which is lower than the XLE Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of ATMP and XLE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ATMPXLEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.31

2.21

-0.90

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.72

0.79

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.18

0.35

-0.17

Sharpe Ratio (All Time)

Calculated using the full available price history

0.09

0.31

-0.22

Drawdowns

ATMP vs. XLE - Drawdown Comparison

The maximum ATMP drawdown since its inception was -80.86%, which is greater than XLE's maximum drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for ATMP and XLE.

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Drawdown Indicators

ATMPXLEDifference

Max Drawdown

Largest peak-to-trough decline

-80.86%

-71.26%

-9.60%

Max Drawdown (1Y)

Largest decline over 1 year

-7.26%

-12.05%

+4.79%

Max Drawdown (3Y)

Largest decline over 3 years

-16.48%

-20.14%

+3.66%

Max Drawdown (5Y)

Largest decline over 5 years

-22.98%

-26.04%

+3.06%

Max Drawdown (10Y)

Largest decline over 10 years

-75.66%

-66.81%

-8.85%

Current Drawdown

Current decline from peak

-6.07%

-6.15%

+0.08%

Average Drawdown

Average peak-to-trough decline

-31.15%

-17.98%

-13.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.95%

4.14%

-1.19%

Volatility

ATMP vs. XLE - Volatility Comparison

The current volatility for Barclays ETN+ Select MLP ETN (ATMP) is 5.61%, while State Street Energy Select Sector SPDR ETF (XLE) has a volatility of 8.25%. This indicates that ATMP experiences smaller price fluctuations and is considered to be less risky than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ATMPXLEDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.61%

8.25%

-2.64%

Volatility (6M)

Calculated over the trailing 6-month period

10.72%

16.58%

-5.86%

Volatility (1Y)

Calculated over the trailing 1-year period

14.00%

20.53%

-6.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.23%

26.02%

-3.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.68%

29.59%

-1.91%

ATMP vs. XLE - Expense Ratio Comparison

ATMP has a 0.95% expense ratio, which is higher than XLE's 0.08% expense ratio.

Dividends

ATMP vs. XLE - Dividend Comparison

ATMP has not paid dividends to shareholders, while XLE's dividend yield for the trailing twelve months is around 2.54%.

PositionTTM20252024202320222021202020192018201720162015
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%0.00%
XLE
State Street Energy Select Sector SPDR ETF		2.54%3.28%3.36%3.55%3.68%4.21%5.62%6.72%3.54%3.03%2.26%3.39%

Frequently Asked Questions

ATMP and XLE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

XLE has higher volatility (8.25%) compared to ATMP (5.61%). In terms of maximum drawdown, ATMP dropped -80.86% vs XLE's -71.26%.

On 10-year performance, XLE leads with 10.22% vs 4.90% for ATMP. On fees, XLE is cheaper at 0.08% per year. On volatility, ATMP has been the lower-risk option at 5.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, XLE has performed better with a 10.22% return vs 4.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

XLE is cheaper with a 0.08% expense ratio, compared with 0.95% for ATMP.

XLE has the higher dividend yield at 2.54%, compared with 0.00% for ATMP.

ATMP is categorized as MLPs, while XLE is Energy Equities. ATMP tracks CIBC Atlas Select MLP VWAP, while XLE tracks Energy Select Sector Index. They also come from different issuers: Barclays Capital and State Street. Their fees differ too: 0.95% for ATMP and 0.08% for XLE.

XLE currently has the higher Sharpe Ratio (2.21 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.

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