CSBG.NEO vs. ATMP

Last updated Jun 4, 2026

CSBG.NEO (CIBC Sustainable Balanced Growth Solution ETF) and ATMP (Barclays ETN+ Select MLP ETN) are both exchange-traded funds - CSBG.NEO is a Diversified Portfolio fund actively managed by CIBC, while ATMP is a MLPs fund tracking the CIBC Atlas Select MLP VWAP. CSBG.NEO is actively managed, while ATMP is passively managed. Over the past 3 years, CSBG.NEO returned 0.80%/yr vs 22.58%/yr for ATMP. At a 0.01 correlation, their price movements are largely independent. CSBG.NEO charges 0.90%/yr vs 0.95%/yr for ATMP.

Performance

CSBG.NEO vs. ATMP - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) and Barclays ETN+ Select MLP ETN (ATMP). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CSBG.NEO is traded in CAD, while ATMP is traded in USD. To make them comparable, the ATMP values have been converted to CAD using the latest available exchange rates.

Returns By Period

CSBG.NEO

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 0.00%
• 3Y*: 0.80%
• 5Y*: —
• 10Y*: —

ATMP

• 1D: 0.48%
• 1M: -0.37%
• YTD: 21.55%
• 6M: 19.11%
• 1Y: 19.53%
• 3Y*: 22.58%
• 5Y*: 19.18%
• 10Y*: 5.66%

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

CSBG.NEO vs. ATMP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CSBG.NEO CIBC Sustainable Balanced Growth Solution ETF	0.00%	0.00%	1.17%	1.22%	1.69%	2.60%
ATMP Barclays ETN+ Select MLP ETN	21.55%	-2.93%	42.97%	11.99%	29.31%	3.90%

Correlation

The correlation between CSBG.NEO and ATMP 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 (3Y) Calculated over the trailing 3-year period	0.03
Correlation (All Time) Calculated using the full available price history since Jul 20, 2021	0.01

Return for Risk

CSBG.NEO vs. ATMP — Risk / Return Rank

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

ATMP

ATMP Risk / Return Rank: 39
ATMP Sharpe Ratio Rank: 36
ATMP Sortino Ratio Rank: 35
ATMP Omega Ratio Rank: 33
ATMP Calmar Ratio Rank: 51
ATMP Martin Ratio Rank: 38

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.

CSBG.NEO vs. ATMP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) and Barclays ETN+ Select MLP ETN (ATMP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CSBG.NEO	ATMP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.40	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.95	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.19	+0.89

Drawdowns

CSBG.NEO vs. ATMP - Drawdown Comparison

The maximum CSBG.NEO drawdown since its inception was 0.00%, smaller than the maximum ATMP drawdown of -76.41%. Use the drawdown chart below to compare losses from any high point for CSBG.NEO and ATMP.

Drawdown Indicators

	CSBG.NEO	ATMP	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-76.41%	+76.41%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	-7.90%	+7.90%
Max Drawdown (3Y) Largest decline over 3 years	0.00%	-17.15%	+17.15%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.92%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-73.11%	—
Current Drawdown Current decline from peak	0.00%	-5.13%	+5.13%
Average Drawdown Average peak-to-trough decline	0.00%	-25.83%	+25.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	2.85%	-2.85%

Volatility

CSBG.NEO vs. ATMP - Volatility Comparison

The current volatility for CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) is 0.00%, while Barclays ETN+ Select MLP ETN (ATMP) has a volatility of 5.80%. This indicates that CSBG.NEO experiences smaller price fluctuations and is considered to be less risky than ATMP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSBG.NEO	ATMP	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	5.80%	-5.80%
Volatility (6M) Calculated over the trailing 6-month period	0.00%	10.98%	-10.98%
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	14.23%	-14.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.27%	20.38%	-19.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.27%	25.53%	-24.26%

CSBG.NEO vs. ATMP - Expense Ratio Comparison

CSBG.NEO has a 0.90% expense ratio, which is lower than ATMP's 0.95% expense ratio.

Dividends

CSBG.NEO vs. ATMP - Dividend Comparison

Neither CSBG.NEO nor ATMP has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
ATMP Barclays ETN+ Select MLP ETN	0.00%	0.00%	0.00%	0.00%	0.00%
CSBG.NEO CIBC Sustainable Balanced Growth Solution ETF	0.00%	0.00%	1.16%	1.21%	1.66%

Frequently Asked Questions

Can I hold both CSBG.NEO and ATMP in my portfolio?

CSBG.NEO and ATMP 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 ETF is better, CSBG.NEO or ATMP?

On fees, CSBG.NEO is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSBG.NEO or ATMP?

CSBG.NEO is cheaper with a 0.90% expense ratio, compared with 0.95% for ATMP.

What is the main difference between CSBG.NEO and ATMP?

CSBG.NEO is categorized as Diversified Portfolio, while ATMP is MLPs. They also come from different issuers: CIBC and Barclays Capital. Their fees differ too: 0.90% for CSBG.NEO and 0.95% for ATMP.