AMJB vs. AMJ

Last updated Apr 1, 2026

Compare and contrast key facts about Alerian MLP Index ETN (AMJB) and J.P. Morgan Alerian MLP Index ETN (AMJ).

AMJB and AMJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMJB is a passively managed fund by JPMorgan that tracks the performance of the Alerian MLP Index. It was launched on Jan 26, 2024. AMJ is a passively managed fund by JPMorgan that tracks the performance of the Alerian MLP Index. It was launched on Apr 2, 2009. Both AMJB and AMJ 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

AMJB vs. AMJ - Performance Comparison

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

AMJB vs. AMJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AMJB Alerian MLP Index ETN	17.28%	7.91%	17.90%
AMJ J.P. Morgan Alerian MLP Index ETN	0.00%	0.00%	8.20%

Returns By Period

AMJB

• 1D: -1.43%
• 1M: 1.59%
• YTD: 17.28%
• 6M: 20.78%
• 1Y: 13.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMJ

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

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

AMJB vs. AMJ - Expense Ratio Comparison

Both AMJB and AMJ have an expense ratio of 0.85%.

AMJB

Alerian MLP Index ETN

AMJ

J.P. Morgan Alerian MLP Index ETN

Return for Risk

AMJB vs. AMJ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMJB

AMJB Risk / Return Rank: 33
AMJB Sharpe Ratio Rank: 36
AMJB Sortino Ratio Rank: 35
AMJB Omega Ratio Rank: 35
AMJB Calmar Ratio Rank: 31
AMJB Martin Ratio Rank: 26

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.

AMJB vs. AMJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alerian MLP Index ETN (AMJB) and J.P. Morgan Alerian MLP Index ETN (AMJ). 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.

	AMJB	AMJ	Difference
Sharpe ratio Return per unit of total volatility	0.67	—	—
Sortino ratio Return per unit of downside risk	0.99	—	—
Omega ratio Gain probability vs. loss probability	1.14	—	—
Calmar ratio Return relative to maximum drawdown	0.76	—	—
Martin ratio Return relative to average drawdown	2.01	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AMJB	AMJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	—	—

Correlation

The correlation between AMJB and AMJ is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AMJB vs. AMJ - Dividend Comparison

AMJB's dividend yield for the trailing twelve months is around 5.71%, while AMJ has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMJB Alerian MLP Index ETN	5.71%	6.52%	5.99%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
AMJ J.P. Morgan Alerian MLP Index ETN	0.00%	0.00%	1.49%	6.54%	6.33%	7.31%	10.87%	8.30%	8.38%	6.96%	6.57%	7.93%

Drawdowns

Drawdown Indicators

	AMJB	AMJ	Difference
Max Drawdown Largest peak-to-trough decline	-16.98%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-16.98%	—	—
Current Drawdown Current decline from peak	-3.00%	—	—
Average Drawdown Average peak-to-trough decline	-3.71%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	6.38%	—	—

Volatility

Volatility by Period

	AMJB	AMJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.11%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.74%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.74%	—	—