ETRACS Alerian MLP Index ETN Class B (AMUB)

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The chart shows the growth of an initial investment of $10,000 in ETRACS Alerian MLP Index ETN Class B, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

ETRACS Alerian MLP Index ETN Class B (AMUB) has returned 16.54% so far this year and 12.97% over the past 12 months. Over the last ten years, AMUB has returned 10.32% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Oct 9, 2015, AMUB's average daily return is +0.04%, while the average monthly return is +1.01%. At this rate, your investment would double in approximately 5.7 years.

Historically, 55% of months were positive and 45% were negative. The best month was Apr 2020 with a return of +50.5%, while the worst month was Mar 2020 at -46.8%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.

On a daily basis, AMUB closed higher 38% of trading days. The best single day was Feb 25, 2016 with a return of +19.0%, while the worst single day was Mar 9, 2020 at -22.8%.

ETRACS Alerian MLP Index ETN Class B has an annualized alpha of 2.44%, beta of 0.69, and R² of 0.19 versus S&P 500 Index. Calculated based on daily prices since October 12, 2015.

• This ETF participated in 102.44% of S&P 500 Index downside but only 84.05% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.69 may look defensive, but with R² of 0.19 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 0.19 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.

AMUB has an expense ratio of 0.80%, placing it in the medium range.

AMUB 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 ETRACS Alerian MLP Index ETN Class B (AMUB) and compare them to a chosen benchmark (S&P 500 Index).

ETRACS Alerian MLP Index ETN Class B provided a 5.79% dividend yield over the last twelve months, with an annual payout of $1.26 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for ETRACS Alerian MLP Index ETN Class B. 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 ETRACS Alerian MLP Index ETN Class B. 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 ETRACS Alerian MLP Index ETN Class B was 73.13%, occurring on Mar 18, 2020. Recovery took 556 trading sessions.

The current ETRACS Alerian MLP Index ETN Class B drawdown is 2.96%.

The chart below shows the rolling one-month volatility.