EDGE.TO vs. AMTR

Last updated Jul 25, 2026

EDGE.TO (Evolve Innovation Index Fund) and AMTR (ETRACS Alerian Midstream Energy Total Return Index ETN) are both exchange-traded funds - EDGE.TO is a Technology Equities fund tracking the Solactive Global Innovation Index, while AMTR is a MLPs fund tracking the Alerian Midstream Energy Index. Both are passively managed. At a 0.23 correlation, their price movements are largely independent. EDGE.TO charges 0.67%/yr vs 0.75%/yr for AMTR.

Performance

EDGE.TO vs. AMTR - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve Innovation Index Fund (EDGE.TO) and ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EDGE.TO is traded in CAD, while AMTR is traded in USD. To make them comparable, the AMTR values have been converted to CAD using the latest available exchange rates.

Returns By Period

EDGE.TO

• 1D: -0.33%
• 1M: -3.20%
• 6M: 11.39%
• YTD: 12.54%
• 1Y: 12.02%
• 3Y*: 14.86%
• 5Y*: 4.25%
• 10Y*: —
• ALL TIME*: 11.58%

AMTR

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EDGE.TO Evolve Innovation Index Fund	CA$27.25K	CA$23.58K	CA$26.33K

EDGE.TO vs. AMTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
EDGE.TO Evolve Innovation Index Fund	12.54%	11.95%	17.11%	25.65%	-33.70%	12.46%	16.18%
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	0.00%	0.00%	55.02%	10.07%	28.04%	36.92%	11.18%

Correlation

The correlation between EDGE.TO and AMTR is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Oct 21, 2020	0.23

The correlation between EDGE.TO and AMTR shifts across timeframes, from 0.07 (3 years) to 0.23 (all time), reflecting how their relationship changes across market environments.

Return for Risk

EDGE.TO vs. AMTR — Risk / Return Rank

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

EDGE.TO

EDGE.TO Risk / Return Rank: 24
EDGE.TO Sharpe Ratio Rank: 26
EDGE.TO Sortino Ratio Rank: 25
EDGE.TO Omega Ratio Rank: 25
EDGE.TO Calmar Ratio Rank: 23
EDGE.TO Martin Ratio Rank: 22

AMTR

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

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.

EDGE.TO vs. AMTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve Innovation Index Fund (EDGE.TO) and ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EDGE.TO	AMTR	Difference
Sharpe ratio: Return per unit of total volatility	0.58	—	—
Sortino ratio: Return per unit of downside risk	0.94	—	—
Omega ratio: Gain probability vs. loss probability	1.12	—	—
Calmar ratio: Return relative to maximum drawdown	0.66	—	—
Martin ratio: Return relative to average drawdown	1.55	—	—

Drawdowns

Drawdown Indicators

	EDGE.TO	AMTR	Difference
Max Drawdown Largest peak-to-trough decline	-39.86%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-18.43%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-39.86%	—	—
Current Drawdown Current decline from peak	-9.10%	—	—
Average Drawdown Average peak-to-trough decline	-12.84%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.77%	—	—

Volatility

Volatility by Period

	EDGE.TO	AMTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.69%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.81%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.67%	—	—

EDGE.TO vs. AMTR - Expense Ratio Comparison

EDGE.TO has a 0.67% expense ratio, which is lower than AMTR's 0.75% expense ratio.

Dividends

EDGE.TO vs. AMTR - Dividend Comparison

EDGE.TO's dividend yield for the trailing twelve months is around 0.44%, while AMTR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EDGE.TO Evolve Innovation Index Fund	0.44%	0.36%	0.53%	0.06%	0.08%	0.05%	0.06%	0.09%	0.09%

Frequently Asked Questions

Can I hold both EDGE.TO and AMTR in my portfolio?

EDGE.TO and AMTR have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EDGE.TO or AMTR?

On fees, EDGE.TO is cheaper at 0.67% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EDGE.TO or AMTR?

EDGE.TO is cheaper with a 0.67% expense ratio, compared with 0.75% for AMTR.

What is the main difference between EDGE.TO and AMTR?

EDGE.TO is categorized as Technology Equities, while AMTR is MLPs. EDGE.TO tracks Solactive Global Innovation Index, while AMTR tracks Alerian Midstream Energy Index. They also come from different issuers: Evolve Funds Group Inc. and UBS. Their fees differ too: 0.67% for EDGE.TO and 0.75% for AMTR.