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AMLP vs. AMJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AMLP and AMJ is 0.47, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

AMLP vs. AMJ - Performance Comparison

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

0.00%200.00%400.00%600.00%800.00%NovemberDecember2025FebruaryMarchApril
61.43%
797.47%
AMLP
AMJ

Key characteristics

Returns By Period


AMLP

YTD

4.67%

1M

-5.25%

6M

9.78%

1Y

13.06%

5Y*

27.03%

10Y*

3.11%

AMJ

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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AMLP vs. AMJ - Expense Ratio Comparison

AMLP has a 0.90% expense ratio, which is higher than AMJ's 0.85% expense ratio.


Expense ratio chart for AMLP: current value is 0.90%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
AMLP: 0.90%
Expense ratio chart for AMJ: current value is 0.85%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
AMJ: 0.85%

Risk-Adjusted Performance

AMLP vs. AMJ — Risk-Adjusted Performance Rank

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

AMLP
The Risk-Adjusted Performance Rank of AMLP is 7373
Overall Rank
The Sharpe Ratio Rank of AMLP is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of AMLP is 6868
Sortino Ratio Rank
The Omega Ratio Rank of AMLP is 6767
Omega Ratio Rank
The Calmar Ratio Rank of AMLP is 8181
Calmar Ratio Rank
The Martin Ratio Rank of AMLP is 7878
Martin Ratio Rank

AMJ
The Risk-Adjusted Performance Rank of AMJ is 8383
Overall Rank
The Sharpe Ratio Rank of AMJ is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of AMJ is 9595
Sortino Ratio Rank
The Omega Ratio Rank of AMJ is 9595
Omega Ratio Rank
The Calmar Ratio Rank of AMJ is 3333
Calmar Ratio Rank
The Martin Ratio Rank of AMJ is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AMLP vs. AMJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Alerian MLP ETF (AMLP) 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.


The chart of Sharpe ratio for AMLP, currently valued at 0.73, compared to the broader market-1.000.001.002.003.004.00
AMLP: 0.73
AMJ: -0.01
The chart of Sortino ratio for AMLP, currently valued at 1.06, compared to the broader market-2.000.002.004.006.008.00
AMLP: 1.06
AMJ: 0.01
The chart of Omega ratio for AMLP, currently valued at 1.14, compared to the broader market0.501.001.502.002.50
AMLP: 1.14
AMJ: 1.01
The chart of Calmar ratio for AMLP, currently valued at 0.93, compared to the broader market0.002.004.006.008.0010.0012.00
AMLP: 0.93
AMJ: -0.00
The chart of Martin ratio for AMLP, currently valued at 3.69, compared to the broader market0.0020.0040.0060.00
AMLP: 3.69
AMJ: -0.02


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
0.73
-0.01
AMLP
AMJ

Dividends

AMLP vs. AMJ - Dividend Comparison

AMLP's dividend yield for the trailing twelve months is around 7.68%, while AMJ has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
AMLP
Alerian MLP ETF
7.68%7.70%7.86%7.70%8.55%12.31%9.12%9.29%7.97%8.09%9.84%6.45%
AMJ
J.P. Morgan Alerian MLP Index ETN
0.00%1.49%6.54%6.33%7.31%10.87%8.30%8.38%6.96%47.34%0.00%0.00%

Drawdowns

AMLP vs. AMJ - Drawdown Comparison


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-5.90%
-66.94%
AMLP
AMJ

Volatility

AMLP vs. AMJ - Volatility Comparison

Alerian MLP ETF (AMLP) has a higher volatility of 11.68% compared to J.P. Morgan Alerian MLP Index ETN (AMJ) at 0.00%. This indicates that AMLP's price experiences larger fluctuations and is considered to be riskier than AMJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2025FebruaryMarchApril
11.68%
0
AMLP
AMJ