AMJ vs. AMTR

Last updated Apr 1, 2026

Compare and contrast key facts about J.P. Morgan Alerian MLP Index ETN (AMJ) and ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR).

AMJ and AMTR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMJ is a passively managed fund by JPMorgan that tracks the performance of the Alerian MLP Index. It was launched on Apr 2, 2009. AMTR is a passively managed fund by UBS that tracks the performance of the Alerian Midstream Energy Index. It was launched on Oct 20, 2020. Both AMJ and AMTR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AMJ vs. AMTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in J.P. Morgan Alerian MLP Index ETN (AMJ) and ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR). The values are adjusted to include any dividend payments, if applicable.

AMJ vs. AMTR - Yearly Performance Comparison

	2024	2023	2022	2021	2020
AMJ J.P. Morgan Alerian MLP Index ETN	13.32%	25.06%	30.08%	37.93%	22.63%
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	44.68%	12.75%	20.41%	36.99%	15.24%

Returns By Period

AMJ

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMTR

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMJ vs. AMTR - Expense Ratio Comparison

AMJ has a 0.85% expense ratio, which is higher than AMTR's 0.75% expense ratio.

AMJ

J.P. Morgan Alerian MLP Index ETN

AMTR

ETRACS Alerian Midstream Energy Total Return Index ETN

Return for Risk

AMJ vs. AMTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for J.P. Morgan Alerian MLP Index ETN (AMJ) and ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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

Correlation

The correlation between AMJ and AMTR is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

AMJ vs. AMTR - Dividend Comparison

Neither AMJ nor AMTR has paid dividends to shareholders.

	TTM	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMJ J.P. Morgan Alerian MLP Index ETN	0.00%	6.54%	6.33%	7.31%	10.87%	8.30%	8.38%	6.96%	6.57%	7.93%
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Volatility