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ETFs

iPath Select MLP ETN

ATMP
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Mar 12 2013
Expense Ratio
0.95%
Type
US MLPs
Fund Owner
Barclays
Volume (1m avg. daily)
$283,736
AUM
$282,459,951
Associated Index
CIBC Atlas Select MLP Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View
Invest with ATMP

What is ATMP?

The Barclays ETN+ Select MLP ETN (the "ETNs") are linked to the performance of the Volume-Weighting Average Price ("VWAP") level of the CIBC Atlas Select MLP Index (the Index ). The Index is designed to provide exposure to a basket of midstream U.S. and Canadian master limited partnerships, limited liability companies and corporations (collectively, the "Index Constituents") that trade on major U.S. exchanges, are classified in the GICS Energy Sector or GICS Gas Utilities Industry according to the Global Industry Classification Standard ("GICS") and meet certain eligibility criteria, including long-term credit rating, the portion of cash flow driven by mid-stream operations and size as measured by free-float market capitalization and average daily trading value. Owning the ETNs is not the same as owning interests in the Index Constituents or a security directly linked to the performance of the Index. Owning the ETNs is not the same as owning interest in the Index Constituents or a security directly linked to the performance of the Index.

ETFs related toATMP

ETFs correlated to ATMP include MLPX, AMJ, AMLP

ATMP
Barclays Bank PLC - iPath Select MLP ETN
MLPX
Global X Funds - Global X MLP & Energy Infrastructure ETF
AMJ
JPMorgan Chase & Co. - KEYnotes ETN Link to First Trust Enh 130/30 L/C Index
AMLP
ALPS Fund Services - Alerian MLP ETF
AMZA
ETFis Series Trust I - InfraCap MLP ETF 1.25x Shares
MLPA
Global X Funds - Global X MLP ETF
EMLP
First Trust Exchange-Traded Fund III - First Trust North American Energy Infrastructure Fund
FXN
First Trust Exchange-Traded Fund III - First Trust Energy AlphaDEX Fund
IGE
BlackRock Institutional Trust Company N.A. - iShares North American Natural Resources ETF
COWZ
Pacer Funds Trust - Pacer US Cash Cows 100 ETF
FCG
First Trust Exchange-Traded Fund III - First Trust Natural Gas ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

ATMP is a US MLPs ETF. The Barclays ETN+ Select MLP ETN (the "ETNs") are linked to the performance of the Volume-Weighting Average Price ("VWAP") level of the CIBC Atlas Select MLP Index (the Index ). The Index is designed to provide exposure to a basket of midstream U.S. and Canadian master limited partnerships, limited liability companies and corporations (collectively, the "Index Constituents") that trade on major U.S. exchanges, are classified in the GICS Energy Sector or GICS Gas Utilities Industry according to the Global Industry Classification Standard ("GICS") and meet certain eligibility criteria, including long-term credit rating, the portion of cash flow driven by mid-stream operations and size as measured by free-float market capitalization and average daily trading value. Owning the ETNs is not the same as owning interests in the Index Constituents or a security directly linked to the performance of the Index. Owning the ETNs is not the same as owning interest in the Index Constituents or a security directly linked to the performance of the Index.

ATMP tracks the CIBC Atlas Select MLP Index.

No, ATMP is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ATMP is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ATMP is 0.0214%. This is the percent change in the value of ATMP over the most recent 1-month period. The 3-month return on ATMP is 0.1012%. This is the percent change in the value of ATMP over the most recent 3-month period.

The standard deviation of ATMP for the past year is 0.1965%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ATMP include PFF, PGF, and PGX.

ETFs correlated to ATMP include MLPX, AMJ, and AMLP.

ETFs that are inversely correlated to ATMP include DRIP, OILD, and DUG.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

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We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.