TMAR vs. ATMP

Last updated Jul 15, 2026

TMAR (FT Vest Emerging Markets Buffer ETF - March) and ATMP (Barclays ETN+ Select MLP ETN) are both exchange-traded funds - TMAR is a Defined Outcome fund tracking the iShares MSCI Emerging Markets ETF (EEM) Price Return, while ATMP is a MLPs fund tracking the CIBC Atlas Select MLP VWAP. Both are passively managed. Over the past year, TMAR returned 21.30% vs 23.33% for ATMP. At a correlation of -0.01, they often move in opposite directions. Both charge a 0.95% expense ratio.

Performance

TMAR vs. ATMP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Emerging Markets Buffer ETF - March (TMAR) and Barclays ETN+ Select MLP ETN (ATMP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TMAR achieves a 11.72% return, which is significantly lower than ATMP's 24.97% return.

TMAR

• 1D: 0.84%
• 1M: -1.05%
• 6M: 10.89%
• YTD: 11.72%
• 1Y: 21.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ATMP

• 1D: 0.53%
• 1M: 3.63%
• 6M: 22.02%
• YTD: 24.97%
• 1Y: 23.33%
• 3Y*: 21.20%
• 5Y*: 18.13%
• 10Y*: 4.68%

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

TMAR vs. ATMP - Yearly Performance Comparison

	2026 (YTD)	2025
TMAR FT Vest Emerging Markets Buffer ETF - March	11.72%	15.97%
ATMP Barclays ETN+ Select MLP ETN	24.97%	-5.39%

Correlation

The correlation between TMAR and ATMP is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.15
Correlation (All Time) Calculated using the full available price history since Mar 24, 2025	-0.01

The correlation between TMAR and ATMP shifts across timeframes, from -0.15 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TMAR vs. ATMP — Risk / Return Rank

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

TMAR

TMAR Risk / Return Rank: 84
TMAR Sharpe Ratio Rank: 74
TMAR Sortino Ratio Rank: 74
TMAR Omega Ratio Rank: 89
TMAR Calmar Ratio Rank: 91
TMAR Martin Ratio Rank: 92

ATMP

ATMP Risk / Return Rank: 60
ATMP Sharpe Ratio Rank: 61
ATMP Sortino Ratio Rank: 61
ATMP Omega Ratio Rank: 55
ATMP Calmar Ratio Rank: 71
ATMP Martin Ratio Rank: 50

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.

TMAR vs. ATMP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Emerging Markets Buffer ETF - March (TMAR) 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.

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.

	TMAR	ATMP	Difference
Sharpe ratio: Return per unit of total volatility	1.88	1.61	+0.27
Sortino ratio: Return per unit of downside risk	2.65	2.30	+0.35
Omega ratio: Gain probability vs. loss probability	1.44	1.28	+0.17
Calmar ratio: Return relative to maximum drawdown	4.56	2.84	+1.72
Martin ratio: Return relative to average drawdown	18.23	6.66	+11.57

TMAR vs. ATMP - Sharpe Ratio Comparison

The current TMAR Sharpe Ratio is 1.88, which is comparable to the ATMP Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of TMAR and ATMP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TMAR vs. ATMP - Drawdown Comparison

The maximum TMAR drawdown since its inception was -9.93%, smaller than the maximum ATMP drawdown of -80.86%. Use the drawdown chart below to compare losses from any high point for TMAR and ATMP.

Drawdown Indicators

	TMAR	ATMP	Difference
Max Drawdown Largest peak-to-trough decline	-9.93%	-80.86%	+70.93%
Max Drawdown (1Y) Largest decline over 1 year	-4.69%	-8.30%	+3.61%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.48%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.98%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-75.66%	—
Current Drawdown Current decline from peak	-3.39%	-2.19%	-1.20%
Average Drawdown Average peak-to-trough decline	-0.81%	-30.93%	+30.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.17%	3.52%	-2.35%

Volatility

TMAR vs. ATMP - Volatility Comparison

FT Vest Emerging Markets Buffer ETF - March (TMAR) and Barclays ETN+ Select MLP ETN (ATMP) have volatilities of 5.35% and 5.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TMAR	ATMP	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.35%	5.19%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	10.60%	11.47%	-0.87%
Volatility (1Y) Calculated over the trailing 1-year period	11.37%	14.60%	-3.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.46%	22.10%	-9.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.46%	27.63%	-15.17%

TMAR vs. ATMP - Expense Ratio Comparison

Both TMAR and ATMP have an expense ratio of 0.95%.

Dividends

TMAR vs. ATMP - Dividend Comparison

Neither TMAR nor ATMP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TMAR and ATMP in my portfolio?

TMAR and ATMP have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TMAR or ATMP?

TMAR has higher volatility (5.35%) compared to ATMP (5.19%). In terms of maximum drawdown, TMAR dropped -9.93% vs ATMP's -80.86%.

Which ETF is better, TMAR or ATMP?

On 1-year performance, ATMP leads with 23.33% vs 21.30% for TMAR. Both ETFs have the same 0.95% expense ratio. On volatility, ATMP has been the lower-risk option at 5.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TMAR or ATMP?

Over the 1-year period, ATMP has performed better with a 23.33% return vs 21.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TMAR or ATMP?

TMAR and ATMP have the same expense ratio: 0.95% per year.

Which ETF pays a higher dividend yield, TMAR or ATMP?

TMAR and ATMP have nearly identical dividend yields, around 0.00%.

What is the main difference between TMAR and ATMP?

TMAR is categorized as Defined Outcome, while ATMP is MLPs. TMAR tracks iShares MSCI Emerging Markets ETF (EEM) Price Return, while ATMP tracks CIBC Atlas Select MLP VWAP. They also come from different issuers: First Trust and Barclays Capital.

Which has better risk-adjusted returns?

TMAR currently has the higher Sharpe Ratio (1.88 vs 1.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.