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J.P. Morgan Alerian MLP Index ETN (AMJ)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US46625H3654
CUSIP
46625H365
Issuer
JPMorgan
Inception Date
Apr 2, 2009
Region
North America (U.S.)
Category
MLPs
Leveraged
1x (No leverage)
Index Tracked
Alerian MLP Index
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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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.


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S&P 500 Index

Returns By Period


J.P. Morgan Alerian MLP Index ETN

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20244.46%4.57%4.44%-1.79%1.14%13.32%
20236.44%-1.49%-0.98%1.58%-0.77%4.33%5.89%0.44%3.13%0.24%6.40%-2.08%25.06%
202211.01%4.75%2.55%-0.38%7.35%-13.82%12.71%3.03%-7.47%14.21%0.94%-4.44%30.08%
20215.90%6.95%7.52%6.39%7.40%5.48%-6.82%-2.34%3.41%4.35%-7.42%3.37%37.93%
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%-29.43%
201912.05%0.35%3.53%-1.69%-1.64%3.46%-0.56%-5.26%0.43%-6.53%-5.27%8.29%5.67%

Benchmark Metrics

J.P. Morgan Alerian MLP Index ETN has an annualized alpha of 1.50%, beta of 0.81, and R² of 0.28 versus S&P 500 Index. Calculated based on daily prices since April 03, 2009.

  • This ETF participated in 103.85% of S&P 500 Index downside but only 88.75% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.28 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
1.50%
Beta
0.81
0.28
Upside Capture
88.75%
Downside Capture
103.85%

Expense Ratio

AMJ has an expense ratio of 0.85%, placing it in the medium range.


Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for J.P. Morgan Alerian MLP Index ETN (AMJ) and compare them to a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Dividends

Dividend History

J.P. Morgan Alerian MLP Index ETN provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share. The fund has been increasing its distributions for 2 consecutive years.


6.00%7.00%8.00%9.00%10.00%11.00%$0.00$0.50$1.00$1.50$2.00201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM202320222021202020192018201720162015
Dividend$0.00$1.66$1.38$1.30$1.51$1.81$1.87$1.91$2.08$2.30

Dividend yield

0.00%6.54%6.33%7.31%10.87%8.30%8.38%6.96%6.57%7.93%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.42$0.00$0.00$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$1.66
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$1.38
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$1.30
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$1.51
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$1.81

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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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 81.22%, occurring on Mar 18, 2020. Recovery took 989 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-81.22%Sep 2, 20141396Mar 18, 2020989Feb 22, 20242385
-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

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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