J.P. Morgan Alerian MLP Index ETN (AMJ)
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
ISIN | US46625H3654 |
---|---|
CUSIP | 46625H365 |
Issuer | JPMorgan Chase |
Inception Date | Apr 2, 2009 |
Region | North America (U.S.) |
Category | MLPs |
Index Tracked | Alerian MLP Index |
Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
The J.P. Morgan Alerian MLP Index ETN has a high expense ratio of 0.85%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Popular comparisons: AMJ vs. AMLP, AMJ vs. PXE, AMJ vs. JEPI, AMJ vs. SPY, AMJ vs. TPYP, AMJ vs. VDE, AMJ vs. AMZA, AMJ vs. VOO, AMJ vs. XOM
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in J.P. Morgan Alerian MLP Index ETN, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
J.P. Morgan Alerian MLP Index ETN had a return of 12.52% year-to-date (YTD) and 38.66% in the last 12 months. Over the past 10 years, J.P. Morgan Alerian MLP Index ETN had an annualized return of 2.10%, while the S&P 500 had an annualized return of 10.96%, indicating that J.P. Morgan Alerian MLP Index ETN did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 12.52% | 10.04% |
1 month | 3.24% | 3.53% |
6 months | 17.99% | 22.79% |
1 year | 38.66% | 32.16% |
5 years (annualized) | 10.13% | 13.15% |
10 years (annualized) | 2.10% | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 4.46% | 4.57% | ||||||||||
2023 | 0.44% | 3.13% | 0.24% | 6.40% | -2.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for J.P. Morgan Alerian MLP Index ETN (AMJ) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
J.P. Morgan Alerian MLP Index ETN | 3.04 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
J.P. Morgan Alerian MLP Index ETN granted a 6.00% dividend yield in the last twelve months. The annual payout for that period amounted to $1.68 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $1.68 | $1.66 | $1.38 | $1.30 | $1.51 | $1.81 | $1.87 | $1.91 | $2.08 | $2.30 | $2.33 | $2.19 |
Dividend yield | 6.00% | 6.54% | 6.33% | 7.31% | 10.87% | 8.30% | 8.38% | 6.96% | 6.57% | 7.93% | 5.07% | 4.72% |
Monthly Dividends
The table displays the monthly dividend distributions for J.P. Morgan Alerian MLP Index ETN. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.42 | ||||||||||
2023 | $0.00 | $0.40 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.44 | $0.00 |
2022 | $0.00 | $0.31 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.36 | $0.00 |
2021 | $0.00 | $0.31 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.35 | $0.00 |
2020 | $0.00 | $0.43 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.34 | $0.00 |
2019 | $0.00 | $0.46 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.47 | $0.00 |
2018 | $0.00 | $0.42 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.45 | $0.00 |
2017 | $0.00 | $0.46 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.47 | $0.00 |
2016 | $0.00 | $0.54 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.50 | $0.00 |
2015 | $0.00 | $0.59 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $0.57 | $0.00 |
2014 | $0.00 | $0.57 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.60 | $0.00 |
2013 | $0.51 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.58 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the J.P. Morgan Alerian MLP Index ETN. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the J.P. Morgan Alerian MLP Index ETN was 81.21%, occurring on Mar 18, 2020. Recovery took 989 trading sessions.
The current J.P. Morgan Alerian MLP Index ETN drawdown is 0.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-81.21% | Sep 2, 2014 | 1396 | Mar 18, 2020 | 989 | Feb 22, 2024 | 2385 |
-17.62% | Apr 29, 2011 | 70 | Aug 8, 2011 | 94 | Dec 20, 2011 | 164 |
-13.32% | Feb 27, 2012 | 69 | Jun 4, 2012 | 72 | Sep 14, 2012 | 141 |
-12.19% | Apr 27, 2010 | 18 | May 20, 2010 | 32 | Jul 7, 2010 | 50 |
-10.39% | Jul 16, 2013 | 45 | Sep 17, 2013 | 105 | Feb 18, 2014 | 150 |
Volatility
Volatility Chart
The current J.P. Morgan Alerian MLP Index ETN volatility is 3.51%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.