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AMLP vs. AMJ

Last updated Mar 18, 2023

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

AMLP and AMJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMLP is a passively managed fund by SS&C that tracks the performance of the Alerian MLP Infrastructure Index. It was launched on Aug 23, 2010. AMJ is a passively managed fund by JPMorgan Chase that tracks the performance of the Alerian MLP Index. It was launched on Apr 2, 2009. Both AMLP 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. AMLP has a 0.90% expense ratio, which is higher than AMJ's 0.85% expense ratio.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMLP or AMJ.

AMLP vs. AMJ - Performance Comparison

The chart shows the growth of $10,000 invested in AMLP and AMJ. Since Oct 3, 2022, AMLP has shown a total return of 29.69%, lower than AMJ's total return of 51.36%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%NovemberDecember2023FebruaryMarch
3.16%
8.31%
AMLP
AMJ

Compare stocks, funds, or ETFs


Alerian MLP ETF

J.P. Morgan Alerian MLP Index ETN

AMLP vs. AMJ - Dividend Comparison

AMLP's dividend yield for the trailing twelve months is around 9.99%, more than AMJ's 8.30% yield.


PeriodTTM20222021202020192018201720162015201420132012
AMJ8.30%6.45%7.92%12.68%10.72%11.71%10.43%10.53%13.64%9.27%9.05%10.58%
AMLP9.99%7.85%9.41%14.77%12.26%13.60%12.60%13.75%18.39%13.02%12.90%14.26%

AMLP vs. AMJ - Sharpe Ratio Comparison

The current AMLP Sharpe Ratio is 0.42, which is lower than the AMJ Sharpe Ratio of 0.63. The chart below compares the 12-month rolling Sharpe Ratio of AMLP and AMJ.


0.200.400.600.801.001.201.40NovemberDecember2023FebruaryMarch
0.42
0.63
AMLP
AMJ

AMLP vs. AMJ - Drawdown Comparison

The maximum AMLP drawdown for the period was -23.71%, roughly equal to the maximum AMJ drawdown of -32.23%. The drawdown chart below compares losses from any high point along the way for AMLP and AMJ


-30.00%-25.00%-20.00%-15.00%NovemberDecember2023FebruaryMarch
-21.30%
-26.60%
AMLP
AMJ

AMLP vs. AMJ - Volatility Comparison

The volatility of AMLP is currently 17.77%, which is higher than the volatility of AMJ at 16.16%. The chart below compares the 10-day rolling volatility of AMLP and AMJ.


10.00%20.00%30.00%40.00%50.00%60.00%NovemberDecember2023FebruaryMarch
17.77%
16.16%
AMLP
AMJ