S7XE.DE vs. ATMP

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco EURO STOXX Optimised Banks UCITS ETF (S7XE.DE) and Barclays ETN+ Select MLP ETN (ATMP).

S7XE.DE and ATMP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. S7XE.DE is a passively managed fund by Invesco that tracks the performance of the EURO STOXX® Optimised Banks. It was launched on Apr 11, 2011. ATMP is a passively managed fund by Barclays Capital that tracks the performance of the CIBC Atlas Select MLP VWAP. It was launched on Mar 13, 2013. Both S7XE.DE and ATMP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

S7XE.DE vs. ATMP - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco EURO STOXX Optimised Banks UCITS ETF (S7XE.DE) and Barclays ETN+ Select MLP ETN (ATMP). The values are adjusted to include any dividend payments, if applicable.

S7XE.DE vs. ATMP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
S7XE.DE Invesco EURO STOXX Optimised Banks UCITS ETF	-5.44%	86.82%	30.66%	28.83%	0.46%	39.15%	-23.11%	18.12%	-32.15%	14.80%
ATMP Barclays ETN+ Select MLP ETN	20.97%	-5.71%	47.89%	17.94%	35.37%	51.91%	-34.55%	9.67%	-5.31%	-18.49%

Different Trading Currencies

S7XE.DE is traded in EUR, while ATMP is traded in USD. To make them comparable, the ATMP values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, S7XE.DE achieves a -5.44% return, which is significantly lower than ATMP's 20.97% return. Both investments have delivered pretty close results over the past 10 years, with S7XE.DE having a 13.53% annualized return and ATMP not far behind at 13.14%.

S7XE.DE

• 1D: 4.52%
• 1M: -3.91%
• YTD: -5.44%
• 6M: 6.25%
• 1Y: 35.12%
• 3Y*: 41.01%
• 5Y*: 28.42%
• 10Y*: 13.53%

ATMP

• 1D: -1.65%
• 1M: 0.36%
• YTD: 20.97%
• 6M: 22.75%
• 1Y: 7.69%
• 3Y*: 25.62%
• 5Y*: 26.69%
• 10Y*: 13.14%

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

S7XE.DE vs. ATMP - Expense Ratio Comparison

S7XE.DE has a 0.30% expense ratio, which is lower than ATMP's 0.95% expense ratio.

ATMP

Barclays ETN+ Select MLP ETN

S7XE.DE

Invesco EURO STOXX Optimised Banks UCITS ETF

Return for Risk

S7XE.DE vs. ATMP — Risk / Return Rank

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

S7XE.DE

S7XE.DE Risk / Return Rank: 68
S7XE.DE Sharpe Ratio Rank: 72
S7XE.DE Sortino Ratio Rank: 69
S7XE.DE Omega Ratio Rank: 62
S7XE.DE Calmar Ratio Rank: 72
S7XE.DE Martin Ratio Rank: 63

ATMP

ATMP Risk / Return Rank: 39
ATMP Sharpe Ratio Rank: 43
ATMP Sortino Ratio Rank: 38
ATMP Omega Ratio Rank: 42
ATMP Calmar Ratio Rank: 40
ATMP Martin Ratio Rank: 31

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.

S7XE.DE vs. ATMP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco EURO STOXX Optimised Banks UCITS ETF (S7XE.DE) 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.

	S7XE.DE	ATMP	Difference
Sharpe ratio Return per unit of total volatility	1.35	0.37	+0.97
Sortino ratio Return per unit of downside risk	1.80	0.60	+1.20
Omega ratio Gain probability vs. loss probability	1.24	1.09	+0.15
Calmar ratio Return relative to maximum drawdown	2.04	0.53	+1.50
Martin ratio Return relative to average drawdown	6.94	0.80	+6.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

S7XE.DE vs. ATMP - Sharpe Ratio Comparison

The current S7XE.DE Sharpe Ratio is 1.35, which is higher than the ATMP Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of S7XE.DE and ATMP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	S7XE.DE	ATMP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	0.37	+0.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.11	1.20	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.47	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.32	-0.11

Correlation

The correlation between S7XE.DE and ATMP is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

S7XE.DE vs. ATMP - Dividend Comparison

S7XE.DE has not paid dividends to shareholders, while ATMP's dividend yield for the trailing twelve months is around 4.58%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
S7XE.DE Invesco EURO STOXX Optimised Banks UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ATMP Barclays ETN+ Select MLP ETN	4.58%	5.14%	4.72%	5.62%	5.50%	5.89%	8.71%	6.86%	6.51%	5.56%	5.47%	6.30%

Drawdowns

S7XE.DE vs. ATMP - Drawdown Comparison

The maximum S7XE.DE drawdown since its inception was -65.33%, smaller than the maximum ATMP drawdown of -72.69%. Use the drawdown chart below to compare losses from any high point for S7XE.DE and ATMP.

Drawdown Indicators

	S7XE.DE	ATMP	Difference
Max Drawdown Largest peak-to-trough decline	-65.33%	-73.72%	+8.39%
Max Drawdown (1Y) Largest decline over 1 year	-17.42%	-15.11%	-2.31%
Max Drawdown (5Y) Largest decline over 5 years	-35.42%	-22.98%	-12.44%
Max Drawdown (10Y) Largest decline over 10 years	-63.10%	-70.30%	+7.20%
Current Drawdown Current decline from peak	-11.75%	-3.92%	-7.83%
Average Drawdown Average peak-to-trough decline	-23.20%	-17.50%	-5.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.12%	5.81%	-0.69%

Volatility

S7XE.DE vs. ATMP - Volatility Comparison

Invesco EURO STOXX Optimised Banks UCITS ETF (S7XE.DE) has a higher volatility of 10.05% compared to Barclays ETN+ Select MLP ETN (ATMP) at 4.41%. This indicates that S7XE.DE's price experiences larger fluctuations and is considered to be riskier than ATMP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	S7XE.DE	ATMP	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.05%	4.41%	+5.64%
Volatility (6M) Calculated over the trailing 6-month period	17.48%	10.19%	+7.29%
Volatility (1Y) Calculated over the trailing 1-year period	26.00%	20.64%	+5.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.35%	22.39%	+2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.78%	28.16%	+0.62%