EDGE.TO vs. AMTR

Last updated Jun 4, 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 fund fund, while AMTR is a MLPs fund tracking the Alerian Midstream Energy Index. At a 0.18 correlation, their price movements are largely independent.

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: -0.89%
• 1M: 16.16%
• YTD: 22.70%
• 6M: 19.40%
• 1Y: 32.23%
• 3Y*: 20.40%
• 5Y*: 6.87%
• 10Y*: —

AMTR

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

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

EDGE.TO vs. AMTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
EDGE.TO Evolve Innovation Index Fund	22.70%	11.95%	17.11%	25.65%	-33.70%	12.49%	16.52%
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	0.00%	0.00%	54.68%	10.27%	28.99%	35.75%	11.84%

Correlation

The correlation between EDGE.TO and AMTR is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (All Time) Calculated using the full available price history since Oct 22, 2020	0.18

The correlation between EDGE.TO and AMTR shifts across timeframes, from 0.04 (3 years) to 0.18 (5 years), reflecting how their relationship changes across market environments.

EDGE.TO vs. AMTR - Sectors Allocation Comparison

Sectors	EDGE.TO	AMTR
Technology	54.3%	0.0%
Communication Services	18.2%	0.0%
Healthcare	9.4%	0.0%
Consumer Cyclical	6.6%	0.0%
Financial Services	5.2%	0.0%
Industrials	4.7%	0.0%
Basic Materials	1.2%	0.0%
Utilities	0.3%	0.0%
Real Estate	0.1%	0.0%
Consumer Defensive	-	0.0%
Energy	-	0.0%

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: 43
EDGE.TO Sharpe Ratio Rank: 50
EDGE.TO Sortino Ratio Rank: 48
EDGE.TO Omega Ratio Rank: 49
EDGE.TO Calmar Ratio Rank: 36
EDGE.TO Martin Ratio Rank: 30

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.

	EDGE.TO	AMTR	Difference
Sharpe ratio: Return per unit of total volatility	1.73	—	—
Sortino ratio: Return per unit of downside risk	2.40	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	1.76	—	—
Martin ratio: Return relative to average drawdown	4.33	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EDGE.TO	AMTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.73	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	—	—

Drawdowns

Drawdown Indicators

	EDGE.TO	AMTR	Difference
Max Drawdown Largest peak-to-trough decline	-39.85%	—	—
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	-39.85%	—	—
Current Drawdown Current decline from peak	-0.89%	—	—
Average Drawdown Average peak-to-trough decline	-12.97%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.46%	—	—

Volatility

Volatility by Period

	EDGE.TO	AMTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.74%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.37%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.57%	—	—

Dividends

EDGE.TO vs. AMTR - Dividend Comparison

EDGE.TO's dividend yield for the trailing twelve months is around 0.35%, 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	0.35%	0.36%	0.53%	0.06%	0.08%	0.08%	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 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.