CTRA vs. AMND
Compare and contrast key facts about Coterra Energy Inc. (CTRA) and ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND).
AMND is a passively managed fund by UBS that tracks the performance of the Alerian Midstream Energy Dividend Index. It was launched on Jul 15, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CTRA or AMND.
Key characteristics
| CTRA | AMND | |
|---|---|---|
| YTD Return | 11.46% | 13.31% |
| 1Y Return | 18.07% | 28.10% |
| 3Y Return (Ann) | 23.03% | 15.20% |
| Sharpe Ratio | 0.74 | 2.34 |
| Daily Std Dev | 23.60% | 12.30% |
| Max Drawdown | -74.42% | -18.21% |
| Current Drawdown | -13.59% | 0.00% |
Correlation
The correlation between CTRA and AMND is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CTRA vs. AMND - Performance Comparison
In the year-to-date period, CTRA achieves a 11.46% return, which is significantly lower than AMND's 13.31% 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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Risk-Adjusted Performance
CTRA vs. AMND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Coterra Energy Inc. (CTRA) and ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND). 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
CTRA vs. AMND - Dividend Comparison
CTRA's dividend yield for the trailing twelve months is around 3.64%, less than AMND's 6.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTRA Coterra Energy Inc. | 3.64% | 4.58% | 10.13% | 5.89% | 2.46% | 1.87% | 1.00% | 0.53% | 0.31% | 0.41% | 0.24% | 0.14% |
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 | 6.05% | 6.56% | 6.37% | 7.10% | 2.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CTRA vs. AMND - Drawdown Comparison
The maximum CTRA drawdown since its inception was -74.42%, which is greater than AMND's maximum drawdown of -18.21%. Use the drawdown chart below to compare losses from any high point for CTRA and AMND. For additional features, visit the drawdowns tool.
Volatility
CTRA vs. AMND - Volatility Comparison
Coterra Energy Inc. (CTRA) has a higher volatility of 6.78% compared to ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) at 3.33%. This indicates that CTRA's price experiences larger fluctuations and is considered to be riskier than AMND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.