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AMJB vs. OIH
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

AMJB vs. OIH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alerian MLP Index ETN (AMJB) and VanEck Vectors Oil Services ETF (OIH). The values are adjusted to include any dividend payments, if applicable.

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AMJB vs. OIH - Yearly Performance Comparison


2026 (YTD)20252024
AMJB
Alerian MLP Index ETN
17.28%7.91%17.90%
OIH
VanEck Vectors Oil Services ETF
41.94%6.81%-9.64%

Returns By Period

In the year-to-date period, AMJB achieves a 17.28% return, which is significantly lower than OIH's 41.94% return.


AMJB

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

OIH

1D
0.57%
1M
1.82%
YTD
41.94%
6M
58.22%
1Y
56.88%
3Y*
15.38%
5Y*
17.15%
10Y*
-0.81%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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AMJB vs. OIH - Expense Ratio Comparison

AMJB has a 0.85% expense ratio, which is higher than OIH's 0.35% expense ratio.


Return for Risk

AMJB vs. OIH — Risk / Return Rank

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

AMJB
AMJB Risk / Return Rank: 3333
Overall Rank
AMJB Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
AMJB Sortino Ratio Rank: 3535
Sortino Ratio Rank
AMJB Omega Ratio Rank: 3535
Omega Ratio Rank
AMJB Calmar Ratio Rank: 3131
Calmar Ratio Rank
AMJB Martin Ratio Rank: 2626
Martin Ratio Rank

OIH
OIH Risk / Return Rank: 7777
Overall Rank
OIH Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
OIH Sortino Ratio Rank: 8080
Sortino Ratio Rank
OIH Omega Ratio Rank: 7878
Omega Ratio Rank
OIH Calmar Ratio Rank: 8282
Calmar Ratio Rank
OIH Martin Ratio Rank: 6565
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.

AMJB vs. OIH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alerian MLP Index ETN (AMJB) and VanEck Vectors Oil Services ETF (OIH). 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.


AMJBOIHDifference

Sharpe ratio

Return per unit of total volatility

0.67

1.50

-0.84

Sortino ratio

Return per unit of downside risk

0.99

1.99

-1.00

Omega ratio

Gain probability vs. loss probability

1.14

1.29

-0.15

Calmar ratio

Return relative to maximum drawdown

0.76

2.19

-1.44

Martin ratio

Return relative to average drawdown

2.01

6.08

-4.07

AMJB vs. OIH - Sharpe Ratio Comparison

The current AMJB Sharpe Ratio is 0.67, which is lower than the OIH Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of AMJB and OIH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


AMJBOIHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.67

1.50

-0.84

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

1.15

-0.00

+1.15

Correlation

The correlation between AMJB and OIH is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

AMJB vs. OIH - Dividend Comparison

AMJB's dividend yield for the trailing twelve months is around 5.71%, more than OIH's 1.20% yield.


TTM20252024202320222021202020192018201720162015
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%
OIH
VanEck Vectors Oil Services ETF
1.20%1.71%2.01%1.36%0.95%0.98%1.23%2.10%2.13%2.60%1.40%2.39%

Drawdowns

AMJB vs. OIH - Drawdown Comparison

The maximum AMJB drawdown since its inception was -16.98%, smaller than the maximum OIH drawdown of -94.45%. Use the drawdown chart below to compare losses from any high point for AMJB and OIH.


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Drawdown Indicators


AMJBOIHDifference

Max Drawdown

Largest peak-to-trough decline

-16.98%

-94.45%

+77.47%

Max Drawdown (1Y)

Largest decline over 1 year

-16.98%

-26.13%

+9.15%

Max Drawdown (5Y)

Largest decline over 5 years

-43.80%

Max Drawdown (10Y)

Largest decline over 10 years

-89.62%

Current Drawdown

Current decline from peak

-3.00%

-64.00%

+61.00%

Average Drawdown

Average peak-to-trough decline

-3.71%

-48.75%

+45.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.38%

9.43%

-3.05%

Volatility

AMJB vs. OIH - Volatility Comparison

The current volatility for Alerian MLP Index ETN (AMJB) is 3.70%, while VanEck Vectors Oil Services ETF (OIH) has a volatility of 8.77%. This indicates that AMJB experiences smaller price fluctuations and is considered to be less risky than OIH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


AMJBOIHDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.70%

8.77%

-5.07%

Volatility (6M)

Calculated over the trailing 6-month period

10.23%

21.77%

-11.54%

Volatility (1Y)

Calculated over the trailing 1-year period

20.11%

38.02%

-17.91%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.74%

37.49%

-19.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.74%

42.50%

-24.76%