AMLP vs. HIPS
Compare and contrast key facts about Alerian MLP ETF (AMLP) and GraniteShares HIPS US High Income ETF (HIPS).
AMLP and HIPS 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. HIPS is a passively managed fund by GraniteShares that tracks the performance of the TFMS HIPS Index. It was launched on Jan 6, 2015. Both AMLP and HIPS 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 lower than HIPS's 3.19% expense ratio.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMLP or HIPS.
AMLP vs. HIPS - Performance Comparison
The chart shows the growth of $10,000 invested in AMLP and HIPS. Since Oct 3, 2022, AMLP has shown a total return of -11.43%, lower than HIPS's total return of 7.63%. All prices are adjusted for splits and dividends.
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AMLP vs. HIPS - Dividend Comparison
AMLP's dividend yield for the trailing twelve months is around 9.99%, less than HIPS's 12.96% yield.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMLP | 9.99% | 7.85% | 9.41% | 14.77% | 12.26% | 13.60% | 12.60% | 13.75% | 18.39% | 13.02% | 12.90% | 14.26% |
| HIPS | 12.96% | 10.63% | 9.46% | 9.73% | 10.11% | 12.48% | 11.37% | 12.09% | 11.78% | 0.00% | 0.00% | 0.00% |
AMLP vs. HIPS - Drawdown Comparison
The maximum AMLP drawdown for the period was -17.46%, roughly equal to the maximum HIPS drawdown of -21.49%. The drawdown chart below compares losses from any high point along the way for AMLP and HIPS
AMLP vs. HIPS - Volatility Comparison
The volatility of AMLP is currently 17.77%, which is lower than the volatility of HIPS at 21.30%. The chart below compares the 10-day rolling volatility of AMLP and HIPS.