ATMP vs NKX
Comparison between iPath Select MLP ETN (ATMP, ETF) and Nuveen California AMT-Free Quality Municipal Income Fund (NKX, ETF).
5-Year PerformanceATMP has outperformed NKX, delivering a return of +16.0% compared to +0.8%
ATMP vs NKX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ATMP vs NKX - Historical Returns
Returns include dividend reinvestment.
ATMP vs NKX - Annual Returns (2003 - 2026)
Returns include dividend reinvestment.
| Year | ATMP | NKX |
|---|---|---|
| 2026 | +19.49% | +3.70% |
| 2025 | -0.05% | +4.64% |
| 2024 | +31.36% | +16.57% |
| 2023 | +16.74% | -3.34% |
| 2022 | +17.68% | -18.48% |
| 2021 | +34.66% | +4.57% |
| 2020 | -34.53% | +7.61% |
| 2019 | -0.67% | +23.74% |
| 2018 | -16.45% | -13.29% |
| 2017 | -12.63% | +12.78% |
| 2016 | +23.11% | -1.75% |
| 2015 | -39.95% | +11.55% |
| 2014 | +13.27% | +28.02% |
| 2013 | +10.09% | -13.32% |
| 2012 | N/A | +6.03% |
| 2011 | N/A | +28.66% |
| 2010 | N/A | +2.31% |
| 2009 | N/A | +26.36% |
| 2008 | N/A | -24.06% |
| 2007 | N/A | +0.18% |
| 2006 | N/A | +14.75% |
| 2005 | N/A | +0.57% |
| 2004 | N/A | +9.14% |
| 2003 | N/A | +0.81% |
ATMP vs NKX Drawdown Comparison
The maximum drawdown for ATMP was -80.86%, occurring on Mar 18, 2020. Recovery took 2867 trading sessions.
The maximum drawdown for NKX was -43.86%, occurring on Oct 10, 2008. Recovery took 422 trading sessions.
The current ATMP drawdown is -5.60%. The current NKX drawdown is -2.23%.
| Rank | ATMP | NKX |
|---|---|---|
| #1 | -80.86% Sep 19, 2014 - Feb 13, 2026 | -43.86% Jan 14, 2008 - Sep 16, 2009 |
| #2 | -9.42% May 6, 2014 - Aug 19, 2014 | -35.62% Nov 12, 2021 - Feb 11, 2026 |
| #3 | -8.61% May 21, 2013 - Oct 25, 2013 | -27.52% Feb 7, 2020 - Aug 10, 2020 |
| #4 | -7.30% May 19, 2026 - Jun 1, 2026 | -23.95% Nov 30, 2012 - Dec 10, 2014 |
| #5 | -6.55% Mar 26, 2026 - Apr 30, 2026 | -19.95% Sep 8, 2016 - Jul 19, 2019 |
| #6 | -6.30% Feb 11, 2014 - Apr 21, 2014 | -19.40% Aug 16, 2010 - Oct 27, 2011 |
| #7 | -5.44% Nov 25, 2013 - Dec 30, 2013 | -15.06% Jun 13, 2003 - Sep 20, 2004 |
| #8 | -3.32% Apr 30, 2026 - May 14, 2026 | -12.43% Apr 23, 2007 - Jan 14, 2008 |
| #9 | -2.94% Dec 30, 2013 - Feb 7, 2014 | -9.74% Feb 11, 2026 - Mar 30, 2026 |
| #10 | -2.90% Apr 1, 2013 - Apr 23, 2013 | -9.66% Oct 8, 2009 - Jun 18, 2010 |
| #11 | -2.83% Aug 29, 2014 - Sep 19, 2014 | -9.63% Jun 2, 2006 - Oct 4, 2006 |
| #12 | -2.76% Apr 24, 2013 - May 9, 2013 | -8.70% May 31, 2005 - Jan 23, 2006 |
| #13 | -2.54% Oct 25, 2013 - Nov 25, 2013 | -7.75% Feb 15, 2012 - May 1, 2012 |
| #14 | -1.82% Mar 2, 2026 - Mar 19, 2026 | -7.27% Jan 30, 2015 - Oct 8, 2015 |
| #15 | -1.14% Apr 22, 2014 - Apr 29, 2014 | -6.76% Mar 14, 2005 - May 31, 2005 |
Correlation
Correlation between ATMP and NKX is -0.25 which considered as a very weak or no correlation - the stocks move independently of each other.
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