ATMP vs EPD: Correlation
Measured on weekly returns over the past three years, iPath Select MLP ETN (ATMP) and Enterprise Products Partners L.P. (EPD) carry a correlation of 0.80, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATMP and EPD?
Across a 3-year window, the weekly returns of ATMP and EPD correlate at 0.80, very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.81 over 1 year against 0.80 over 3. Stretching to 5 years gives 0.84, with an annualized covariance of 222.2 %².
Within ATMP's tracked universe of 37 assets, EPD comes in at #8 by 3-year correlation. Twelve-month performance is nearly a tie, at +34.4% for ATMP and +31.5% for EPD.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ATMP vs EPD: side by side
| ATMP (iPath Select MLP ETN) | EPD (Enterprise Products Partners L.P.) | |
|---|---|---|
| 1-year return | +34.4% | +31.5% |
| 5-year return | +216.1% | +150.0% |
| Volatility (ann.) | 17.0% | 16.4% |
| Beta vs S&P 500 | 0.28 | 0.15 |
| Max drawdown (3Y) | -15.6% | -15.4% |
| Market cap | – | $84.3B |
| P/E (trailing) | – | 13.6 |
| Dividend yield | 0.00% | 5.63% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATMP | EPD |
|---|---|---|
| 2022 | +27.5% | +18.3% |
| 2023 | +21.6% | +17.7% |
| 2024 | +38.7% | +28.0% |
| 2025 | +7.0% | +9.5% |
| 2026 | +32.0% | +27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATMP and EPD good diversifiers for each other?
No. With a correlation of 0.80, ATMP and EPD move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between ATMP and EPD?
Using weekly returns as of 2026-08-27: 0.80 over 3 years, with 0.81 over the last year and 0.84 over 5 years.
Is EPD a good diversifier for ATMP?
No. With a correlation of 0.80, ATMP and EPD move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.80 mean?
A reading of 0.80 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/atmp-vs-epd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atmp-vs-epd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ATMP correlations · EPD correlations
