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ISIN
US90274D3742
CUSIP
90274D374
Issuer
UBS
Inception Date
Oct 8, 2015
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
Assets Under Management
$36M

Share Price Chart


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Performance

AMUB Performance Chart

ETRACS Alerian MLP Index ETN Class B (AMUB) is up 11.9% since the beginning of the year. AMUB is currently trading at $21 per share. Investors who bought $1,000 worth of AMUB shares 5 years ago would now be looking at an investment worth $1,693.


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S&P 500 Index

Returns By Period

ETRACS Alerian MLP Index ETN Class B (AMUB) has returned 11.87% so far this year and 10.22% over the past 12 months. Over the last ten years, AMUB has returned 2.59% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


ETRACS Alerian MLP Index ETN Class B

1D
-0.02%
1M
-9.67%
YTD
11.87%
6M
11.94%
1Y
10.22%
3Y*
14.71%
5Y*
11.11%
10Y*
2.59%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AMUB Monthly Returns History

Based on dividend-adjusted daily data since Oct 9, 2015, AMUB's average daily return is +0.01%, while the average monthly return is +0.37%. At this rate, an investment would double in approximately 15.6 years.

Historically, 47% of months were positive and 53% 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 4 months.

On a daily basis, AMUB closed higher 38% of trading days. The best single day was Nov 23, 2016 with a return of +18.7%, while the worst single day was Mar 9, 2020 at -22.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20267.96%6.83%-0.44%4.30%-1.29%-5.38%11.87%
20258.70%3.22%-1.50%-8.76%0.06%2.44%2.93%-2.11%-3.97%-0.49%6.00%-3.28%2.05%
20244.29%2.69%4.58%-1.42%-1.63%4.52%0.55%-1.41%-0.27%-1.43%12.75%-7.27%15.68%
20236.25%-2.79%-1.14%1.62%-2.53%4.23%5.63%-1.11%3.08%0.20%4.84%-1.95%16.89%
202211.01%3.47%2.00%-0.60%6.28%-14.37%13.12%1.76%-7.58%14.43%-0.99%-4.56%21.91%
20215.93%5.66%6.70%7.11%5.39%5.13%-6.45%-4.13%3.07%4.69%-9.16%3.41%28.83%

Benchmark Metrics

ETRACS Alerian MLP Index ETN Class B has an annualized alpha of -5.61%, beta of 0.68, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since October 09, 2015.

  • This ETF participated in 116.24% of S&P 500 Index downside but only 60.80% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.68 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.

Alpha
-5.61%
Beta
0.68
0.19
Upside Capture
60.80%
Downside Capture
116.24%

Expense Ratio

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


Return for Risk

Risk / Return Rank

AMUB ranks 21 for risk / return — below 21% 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.


AMUB Risk / Return Rank: 2121
Overall Rank
AMUB Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
AMUB Sortino Ratio Rank: 2121
Sortino Ratio Rank
AMUB Omega Ratio Rank: 2020
Omega Ratio Rank
AMUB Calmar Ratio Rank: 2121
Calmar Ratio Rank
AMUB Martin Ratio Rank: 2222
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for ETRACS Alerian MLP Index ETN Class B (AMUB) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


AMUBBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.28

Sortino ratioReturn per unit of downside risk

-1.63

Omega ratioGain probability vs. loss probability

1.13

1.37

-0.23

Calmar ratioReturn relative to maximum drawdown

0.96

2.78

-1.82

Martin ratioReturn relative to average drawdown

2.64

12.44

-9.80

Dividends

Dividend History


ETRACS Alerian MLP Index ETN Class B doesn't pay dividends

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 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 79.46%, occurring on Mar 18, 2020. Recovery took 1510 trading sessions.

The current ETRACS Alerian MLP Index ETN Class B drawdown is 10.25%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-79.46%Mar 2020
4y 5mo6y 6d
10y 5moOct 2015 - Mar 2026
2026 correction2026
-10.69%Jun 2026
28d
1mo 4dMay 2026 - now
2026 pullback2026
-5.70%Apr 2026
21d13d
1mo 4dMar 2026 - Apr 2026
2026 pullback2026
-2.43%May 2026
5d6d
11dMay 2026 - May 2026
2026 pullback2026
-0.63%Mar 2026
0s1d
1dMar 2026 - Mar 2026

Drawdown Indicators


AMUBBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-79.46%

-56.78%

-22.68%

Max Drawdown (1Y)

Largest decline over 1 year

-10.69%

-9.10%

-1.59%

Max Drawdown (3Y)

Largest decline over 3 years

-17.22%

-18.90%

+1.68%

Max Drawdown (5Y)

Largest decline over 5 years

-20.58%

-25.43%

+4.85%

Max Drawdown (10Y)

Largest decline over 10 years

-78.86%

-33.92%

-44.94%

Current Drawdown

Current decline from peak

-10.25%

-1.80%

-8.45%

Average Drawdown

Average peak-to-trough decline

-29.12%

-10.71%

-18.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.89%

2.03%

+1.86%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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