ETRACS NYSE Pickens Core Midstream Index ETN (PYPE)
Description
The investment seeks to track the performance of the NYSE Pickens Core Midstream Index. The PYPE ETF contains 0 constituents. It is focused on blend holdings in the region.
Price $20.52 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 6.49% |
| Expense ratio | 0.85% |
| Average spread | 0.292% |
| 1Y roundtrip cost | 1.142% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 9.0% | 4.3% | 5.4% | -1.9% | 6.0% | -14.4% | 12.5% | 2.6% | -8.9% | 7.2% | 21.8% | ||
| 2021 | 4.5% | 8.2% | 7.9% | 5.8% | 6.7% | 5.2% | -5.8% | -2.0% | 4.2% | 4.8% | -6.7% | 2.6% | 35.2% |
| 2020 | -6.3% | -13.8% | -45.2% | 48.9% | 9.6% | -5.1% | -3.3% | 1.3% | -12.1% | 3.7% | 22.3% | 2.5% | 2.3% |
| 2019 | 14.9% | 0.1% | 3.9% | 0.2% | 1.5% | -3.9% | 1.5% | -4.6% | 2.7% | -5.5% | -3.5% | 8.3% | 15.6% |
| 2018 | -2.4% | -7.1% | 0.7% | -11.3% | -20.1% | ||||||||
| 22.2% | -1.2% | -28.1% | 52.9% | 23.8% | -18.3% | 4.9% | -2.7% | -16.6% | 3.0% | 12.7% | 2.1% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.33 | 0.33 | 0.33 | 0.34 | 1.33 | ||||||||
| 2021 | 0.33 | 0.35 | 0.32 | 0.35 | 1.35 | ||||||||
| 2020 | 0.43 | 0.43 | 0.35 | 0.37 | 1.57 | ||||||||
| 2019 | 0.40 | 0.40 | 0.41 | 0.42 | 1.62 | ||||||||
| 2018 | 0.01 | 0.01 | |||||||||||
| 1.48 | 0.00 | 0.00 | 1.51 | 0.00 | 0.00 | 1.41 | 0.00 | 0.00 | 1.49 | 0.00 | 0.00 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Williams Companies Inc | 7.73% |
| ONEOK Inc | 7.72% |
| Energy Transfer LP | 7.52% |
| Enterprise Products Partners LP | 7.51% |
| Kinder Morgan Inc | 7.35% |
| Magellan Midstream Partners LP | 7.34% |
| Western Midstream Partners LP | 7.00% |
| Plains All American Pipeline LP | 6.88% |
| Targa Resources Corp | 6.13% |
| MPLX LP | 5.98% |
| Tallgrass Energy LP | 2.43% |
| EnLink Midstream LLC | 2.06% |
| Andeavor Logistics LP | 2.00% |
| DCP Midstream LP | 1.96% |
| Antero Midstream Corp | 1.84% |
| Top 15 Weights | 81.45% |
Compare with similar ETFs
| PYPE | ENFR | IMLP | MLPR | XLE | YMLP | |
|---|---|---|---|---|---|---|
| Product name | ETRACS NYSE Pickens Core Midstream Index ETN | Alerian Energy Infrastructure ETF | iPath S&P MLP ETN | ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN | Energy Select Sector SPDR Fund | Market Vectors High Income MLP ETF |
| Issuer | ETRACS | Alerian | iPath | ETRACS | SPDR | N/A |
| Price | $20.52 | $21.25 | $15.56 | $40.503 | $84.49 | $60.22 |
| Expense Ratio | 0.85% |  0.35% | 0.8% |  0.95% | 0.12% | 0.45% |
| Average Spread | 0.292% | 0.188% | 0.257% | 0.321% | 0.012% | 0.316% |
| AUM | $20,562,400 | $68,855,300 | $14,852,200 | $39,323,300 | $41,197,400,000 | $0 |
| Shares | 1,002,066 | 3,240,250 | 954,512 | 970,874 | 487,600,487 | 0 |
| Average Daily Volume | 883 | 51,790 | 190 | 220 | 28,365,190 | 2,653 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2018-08-20 | 2013-11-01 | 2013-01-04 | 2020-06-02 | 1998-12-16 | 2012-03-12 |
| Index Tracked | NYSE Pickens Core Midstream Index | Alerian Midstream Energy Select Index | S&P MLP | Alerian MLP | S&P Energy Select Sector Index | MVIS North American Energy Infrastructure Index |
| Category | Energy Equities | Energy Equities | MLPs | Leveraged Equities | Energy Equities | MLPs |
| Asset Class | Equity | Equity | Equity | Equity | Equity | Equity |
| Asset Class Size | Large/Mid Caps | Large Caps | Large/Mid Caps | |||
| Value or Growth | Blend | Blend | Blend | Value | Blend | |
| Region | North America | North America | North America | |||
| Countries | U.S. | Broad | U.S. | U.S. | Broad | |
| Annual Dividend Rate | $1.331 | $1.464 | $0.997 | $4.157 | $3.056 | $2.255 |
| Annual Dividend Yield | 0.065% | 0.069% | 0.064% | 0.103% | 0.036% | 0.037% |
| Number of Holdings | 0 | 37 | 0 | 22 | 30 | |
| YTD Return | 20.25% | 16.43% | 31.42% | 42.87% | 57.11% | 15.60% |
| Beta | -0.07 | -0.68 | -1.26 | 1.36 | 0.42 | -1.13 |
| Upside Beta | 0.62 | -0.13 | -0.16 | 1.79 | 0.53 | 0.24 |
| Downside Beta | -0.71 | 0.41 | 0.75 | 1.06 | 0.74 | 0.64 |
| Volatility 1Y | 27.74% | 26.52% | 30.29% | 40.97% | 34.91% | 26.00% |
| Sharpe Ratio 3Y | 0.39 | 0.38 | 0.37 | 0.00 | 0.93 | 0.39 |
| Treynor Ratio 3Y | -0.15 | -0.01 | -0.01 | 0.00 | 0.06 | -0.01 |