PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
J.P. Morgan Alerian MLP Index ETN (AMJ)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

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

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.


0.50%1.00%1.50%2.00%0.85%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


J.P. Morgan Alerian MLP Index ETN

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, AMJ vs. MLPR

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.


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
11.81%
16.40%
AMJ (J.P. Morgan Alerian MLP Index ETN)
Benchmark (^GSPC)

S&P 500

Returns By Period

J.P. Morgan Alerian MLP Index ETN had a return of 9.35% year-to-date (YTD) and 29.34% in the last 12 months. Over the past 10 years, J.P. Morgan Alerian MLP Index ETN had an annualized return of 1.40%, while the S&P 500 had an annualized return of 10.43%, indicating that J.P. Morgan Alerian MLP Index ETN did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date9.35%5.29%
1 month-2.01%-2.47%
6 months11.81%16.40%
1 year29.34%20.88%
5 years (annualized)9.83%11.60%
10 years (annualized)1.40%10.43%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20244.46%4.57%4.44%
20233.13%0.24%6.40%-2.09%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of AMJ is 88, placing it in the top 12% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of AMJ is 8888
J.P. Morgan Alerian MLP Index ETN(AMJ)
The Sharpe Ratio Rank of AMJ is 9191Sharpe Ratio Rank
The Sortino Ratio Rank of AMJ is 9191Sortino Ratio Rank
The Omega Ratio Rank of AMJ is 8989Omega Ratio Rank
The Calmar Ratio Rank of AMJ is 7373Calmar Ratio Rank
The Martin Ratio Rank of AMJ is 9696Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for J.P. Morgan Alerian MLP Index ETN (AMJ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


AMJ
Sharpe ratio
The chart of Sharpe ratio for AMJ, currently valued at 2.22, compared to the broader market-1.000.001.002.003.004.005.002.22
Sortino ratio
The chart of Sortino ratio for AMJ, currently valued at 3.22, compared to the broader market-2.000.002.004.006.008.003.22
Omega ratio
The chart of Omega ratio for AMJ, currently valued at 1.39, compared to the broader market1.001.502.002.501.39
Calmar ratio
The chart of Calmar ratio for AMJ, currently valued at 1.16, compared to the broader market0.002.004.006.008.0010.0012.001.16
Martin ratio
The chart of Martin ratio for AMJ, currently valued at 16.95, compared to the broader market0.0020.0040.0060.0080.0016.95
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.79, compared to the broader market-1.000.001.002.003.004.005.001.79
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.61, compared to the broader market-2.000.002.004.006.008.002.61
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.31, compared to the broader market1.001.502.002.501.31
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.36, compared to the broader market0.002.004.006.008.0010.0012.001.36
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.21, compared to the broader market0.0020.0040.0060.0080.007.21

Sharpe Ratio

The current J.P. Morgan Alerian MLP Index ETN Sharpe ratio is 2.22. A Sharpe ratio higher than 2.0 is considered very good.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
2.22
1.79
AMJ (J.P. Morgan Alerian MLP Index ETN)
Benchmark (^GSPC)

Dividends

Dividend History

J.P. Morgan Alerian MLP Index ETN granted a 6.17% dividend yield in the last twelve months. The annual payout for that period amounted to $1.68 per share.


PeriodTTM20232022202120202019201820172016201520142013
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

6.17%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.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.42$0.00
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.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-5.66%
-4.42%
AMJ (J.P. Morgan Alerian MLP Index ETN)
Benchmark (^GSPC)

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 5.66%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-81.21%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 current J.P. Morgan Alerian MLP Index ETN volatility is 3.77%, 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.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%NovemberDecember2024FebruaryMarchApril
3.77%
3.35%
AMJ (J.P. Morgan Alerian MLP Index ETN)
Benchmark (^GSPC)