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J.P. Morgan Alerian MLP Index ETN (AMJ)

ETF · Currency in USD · Last updated Dec 8, 2022

AMJ is a passive ETF by JPMorgan Chase tracking the investment results of the Alerian MLP Index. AMJ launched on Apr 2, 2009 and has a 0.85% expense ratio.

ETF Info

ISINUS46625H3654
CUSIP46625H365
IssuerJPMorgan Chase
Inception DateApr 2, 2009
RegionNorth America (U.S.)
CategoryMLPs
Expense Ratio0.85%
Index TrackedAlerian MLP Index
Asset ClassEquity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Trading Data

Previous Close$21.64
Year Range$15.73 - $22.76
EMA (50)$21.90
EMA (200)$20.45
Average Volume$464.56K

AMJShare Price Chart


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AMJPerformance

The chart shows the growth of $10,000 invested in J.P. Morgan Alerian MLP Index ETN in Jan 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $17,211 for a total return of roughly 72.11%. All prices are adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
1.27%
0.85%
AMJ (J.P. Morgan Alerian MLP Index ETN)
Benchmark (^GSPC)

AMJCompare to other instruments

Search for stocks, ETFs, and funds to compare with AMJ

Popular comparisons: AMJ vs. AMLP, AMJ vs. PXE

AMJReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-3.40%4.33%
6M-3.37%-5.45%
YTD29.43%-17.46%
1Y33.55%-14.32%
5Y3.87%8.34%
10Y1.03%10.76%

AMJMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202211.01%4.75%2.55%-0.38%7.35%-13.82%12.71%3.03%-7.47%14.21%0.94%-4.92%
20215.90%6.95%7.52%6.39%7.40%5.48%-6.82%-2.34%3.42%4.35%-7.42%3.37%
2020-5.78%-13.73%-47.77%51.16%8.26%-8.46%-3.26%1.36%-14.17%5.10%22.01%2.81%
201912.05%0.35%3.53%-1.69%-1.60%3.46%-0.56%-5.26%0.43%-6.53%-5.27%8.29%
20186.84%-10.59%-7.09%8.17%6.58%-2.10%5.31%1.28%-1.47%-8.99%0.14%-9.16%
20174.75%0.37%-1.43%-1.39%-4.61%-0.70%1.14%-4.60%0.21%-4.11%-1.23%4.69%
2016-11.43%-0.45%8.36%10.89%2.36%5.30%0.31%-1.28%1.61%-4.32%1.91%4.60%
2015-3.37%1.76%-4.04%6.07%-3.47%-8.48%-3.28%-4.89%-15.14%9.25%-7.86%-3.50%
20140.54%-0.43%1.53%4.17%3.33%5.82%-3.78%8.18%-1.58%-4.56%-2.70%-5.69%
201312.48%0.60%5.77%1.96%-0.88%2.62%-0.81%-2.10%-0.31%2.74%0.72%1.71%
20121.92%3.90%-4.07%2.22%-7.40%6.08%1.94%1.63%2.03%0.31%-0.81%-3.15%
20112.86%3.56%-0.78%3.24%-5.02%1.06%-1.70%-1.38%-4.06%10.07%-0.16%5.55%
2010-1.99%4.89%3.25%2.49%-5.02%5.67%7.02%-2.40%5.97%5.17%2.02%1.68%

AMJSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current J.P. Morgan Alerian MLP Index ETN Sharpe ratio is 1.14. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
1.14
-0.67
AMJ (J.P. Morgan Alerian MLP Index ETN)
Benchmark (^GSPC)

AMJDividend History

J.P. Morgan Alerian MLP Index ETN granted a 6.37% dividend yield in the last twelve months. The annual payout for that period amounted to $1.38 per share.


PeriodTTM202120202019201820172016201520142013201220112010
Dividend$1.38$1.30$1.51$1.81$1.87$1.91$2.08$2.30$2.33$2.19$2.02$1.90$1.79

Dividend yield

6.37%7.78%12.46%10.54%11.51%10.25%10.34%13.40%9.11%8.89%10.39%10.17%10.82%

AMJDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
-27.03%
-17.98%
AMJ (J.P. Morgan Alerian MLP Index ETN)
Benchmark (^GSPC)

AMJWorst Drawdowns

The table below shows the maximum drawdowns of the J.P. Morgan Alerian MLP Index ETN. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the J.P. Morgan Alerian MLP Index ETN is 81.21%, recorded on Mar 18, 2020. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-81.21%Sep 2, 20141396Mar 18, 2020
-17.62%Apr 29, 201170Aug 8, 201194Dec 20, 2011164
-13.32%Feb 27, 201269Jun 4, 201272Sep 14, 2012141
-12.19%Apr 27, 201018May 20, 201032Jul 7, 201050
-10.39%Jul 16, 201345Sep 17, 2013105Feb 18, 2014150
-9.42%Oct 18, 201219Nov 15, 201236Jan 9, 201355
-8.22%May 22, 201323Jun 24, 20135Jul 1, 201328
-6.37%Jan 27, 20108Feb 5, 201014Feb 26, 201022
-6.3%Mar 1, 201111Mar 15, 201126Apr 20, 201137
-5.41%Aug 6, 20105Aug 12, 201032Sep 28, 201037

AMJVolatility Chart

Current J.P. Morgan Alerian MLP Index ETN volatility is 21.07%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
21.07%
22.83%
AMJ (J.P. Morgan Alerian MLP Index ETN)
Benchmark (^GSPC)

AMJAlternatives


SymbolInceptionExpense RatioYTD Ret.10Y Ann. Ret.Div. Yield
AMLPAug 23, 20100.90%24.41%0.58%7.76%