Alerian MLP Index ETN (AMJB)

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The chart shows the growth of an initial investment of $10,000 in 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.

Alerian MLP Index ETN (AMJB) has returned 17.28% so far this year and 13.33% over the past 12 months.

Based on dividend-adjusted daily data since Jan 26, 2024, AMJB's average daily return is +0.08%, while the average monthly return is +1.60%. At this rate, your investment would double in approximately 3.6 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2024 with a return of +14.2%, while the worst month was Apr 2025 at -8.3%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 2 months.

On a daily basis, AMJB closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +5.8%, while the worst single day was Apr 4, 2025 at -9.2%.

Alerian MLP Index ETN has an annualized alpha of 12.70%, beta of 0.56, and R² of 0.25 versus S&P 500 Index. Calculated based on daily prices since January 29, 2024.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (97.55%) than losses (50.32%) — typical of diversified or defensive assets.
• Beta of 0.56 may look defensive, but with R² of 0.25 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.25 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.

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

AMJB ranks 31 for risk / return — below 31% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

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

Alerian MLP Index ETN provided a 5.71% dividend yield over the last twelve months, with an annual payout of $1.97 per share.

The table displays the monthly dividend distributions for Alerian MLP Index ETN. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the 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 Alerian MLP Index ETN was 16.98%, occurring on Apr 8, 2025. Recovery took 192 trading sessions.

The current Alerian MLP Index ETN drawdown is 3.00%.

The chart below shows the rolling one-month volatility.