KYN vs. AMTR

Last updated Jun 24, 2026

KYN (Kayne Anderson Energy Infrastructure Fund) and AMTR (ETRACS Alerian Midstream Energy Total Return Index ETN) are both funds - KYN is a Energy Equities fund actively managed by Kayne Anderson, while AMTR is a MLPs fund tracking the Alerian Midstream Energy Index. KYN is actively managed, while AMTR is passively managed. A 0.71 correlation means they provide meaningful diversification when combined. KYN charges 2.00%/yr vs 0.75%/yr for AMTR.

Performance

KYN vs. AMTR - Performance Comparison

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

Returns By Period

KYN

• 1D: 1.56%
• 1M: -2.73%
• YTD: 14.87%
• 6M: 18.51%
• 1Y: 20.38%
• 3Y*: 30.33%
• 5Y*: 20.04%
• 10Y*: 6.56%

AMTR

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

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

KYN vs. AMTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
KYN Kayne Anderson Energy Infrastructure Fund	14.87%	5.34%	60.45%	13.19%	20.50%	44.21%	27.98%
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	0.00%	0.00%	44.68%	12.75%	20.41%	36.99%	14.40%

Correlation

The correlation between KYN and AMTR is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since Oct 21, 2020	0.71

The correlation between KYN and AMTR shifts across timeframes, from 0.46 (3 years) to 0.71 (all time), reflecting how their relationship changes across market environments.

Return for Risk

KYN vs. AMTR — Risk / Return Rank

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

KYN

KYN Risk / Return Rank: 26
KYN Sharpe Ratio Rank: 20
KYN Sortino Ratio Rank: 19
KYN Omega Ratio Rank: 18
KYN Calmar Ratio Rank: 42
KYN Martin Ratio Rank: 28

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.

KYN vs. AMTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kayne Anderson Energy Infrastructure Fund (KYN) 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.

	KYN	AMTR	Difference
Sharpe ratio: Return per unit of total volatility	1.21	—	—
Sortino ratio: Return per unit of downside risk	1.70	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	2.37	—	—
Martin ratio: Return relative to average drawdown	6.18	—	—

Drawdowns

Drawdown Indicators

	KYN	AMTR	Difference
Max Drawdown Largest peak-to-trough decline	-91.43%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.65%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.65%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-87.74%	—	—
Current Drawdown Current decline from peak	-5.27%	—	—
Average Drawdown Average peak-to-trough decline	-26.90%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.30%	—	—

Volatility

Volatility by Period

	KYN	AMTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.68%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.99%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.10%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.85%	—	—

KYN vs. AMTR - Expense Ratio Comparison

KYN has a 2.00% expense ratio, which is higher than AMTR's 0.75% expense ratio.

Dividends

KYN vs. AMTR - Dividend Comparison

KYN's dividend yield for the trailing twelve months is around 7.23%, while AMTR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%
KYN Kayne Anderson Energy Infrastructure Fund	7.23%	7.75%	8.34%	9.45%	9.05%	6.42%	16.17%	10.34%	14.17%	9.97%	11.24%	15.20%

Frequently Asked Questions

Can I hold both KYN and AMTR in my portfolio?

KYN and AMTR have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.