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

Correlation

The correlation between AMLP and HIPS 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. HIPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alerian MLP ETF (AMLP) and GraniteShares HIPS US High Income ETF (HIPS). The values are adjusted to include any dividend payments, if applicable.

25.00%30.00%35.00%40.00%45.00%50.00%55.00%60.00%NovemberDecember2025FebruaryMarchApril
39.32%
45.46%
AMLP
HIPS

Key characteristics

Sharpe Ratio

AMLP:

0.73

HIPS:

0.32

Sortino Ratio

AMLP:

1.06

HIPS:

0.49

Omega Ratio

AMLP:

1.14

HIPS:

1.08

Calmar Ratio

AMLP:

0.93

HIPS:

0.30

Martin Ratio

AMLP:

3.69

HIPS:

1.38

Ulcer Index

AMLP:

3.59%

HIPS:

3.34%

Daily Std Dev

AMLP:

18.26%

HIPS:

14.63%

Max Drawdown

AMLP:

-77.19%

HIPS:

-53.14%

Current Drawdown

AMLP:

-5.90%

HIPS:

-8.34%

Returns By Period

In the year-to-date period, AMLP achieves a 4.67% return, which is significantly higher than HIPS's -3.89% return. Over the past 10 years, AMLP has underperformed HIPS with an annualized return of 3.11%, while HIPS has yielded a comparatively higher 3.71% annualized return.


AMLP

YTD

4.67%

1M

-5.25%

6M

9.78%

1Y

13.06%

5Y*

27.03%

10Y*

3.11%

HIPS

YTD

-3.89%

1M

-6.24%

6M

-1.53%

1Y

4.94%

5Y*

13.76%

10Y*

3.71%

*Annualized

Compare stocks, funds, or ETFs

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AMLP vs. HIPS - Expense Ratio Comparison

AMLP has a 0.90% expense ratio, which is lower than HIPS's 3.19% expense ratio.


Expense ratio chart for HIPS: current value is 3.19%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HIPS: 3.19%
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%

Risk-Adjusted Performance

AMLP vs. HIPS — 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

HIPS
The Risk-Adjusted Performance Rank of HIPS is 4343
Overall Rank
The Sharpe Ratio Rank of HIPS is 4242
Sharpe Ratio Rank
The Sortino Ratio Rank of HIPS is 3838
Sortino Ratio Rank
The Omega Ratio Rank of HIPS is 4545
Omega Ratio Rank
The Calmar Ratio Rank of HIPS is 4545
Calmar Ratio Rank
The Martin Ratio Rank of HIPS is 4848
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. HIPS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Alerian MLP ETF (AMLP) and GraniteShares HIPS US High Income ETF (HIPS). 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
HIPS: 0.32
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
HIPS: 0.49
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
HIPS: 1.08
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
HIPS: 0.30
The chart of Martin ratio for AMLP, currently valued at 3.69, compared to the broader market0.0020.0040.0060.00
AMLP: 3.69
HIPS: 1.38

The current AMLP Sharpe Ratio is 0.73, which is higher than the HIPS Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of AMLP and HIPS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
0.73
0.32
AMLP
HIPS

Dividends

AMLP vs. HIPS - Dividend Comparison

AMLP's dividend yield for the trailing twelve months is around 7.68%, less than HIPS's 10.71% yield.


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%
HIPS
GraniteShares HIPS US High Income ETF
10.71%10.04%10.32%10.76%8.43%9.50%7.56%8.66%7.28%7.20%7.44%0.00%

Drawdowns

AMLP vs. HIPS - Drawdown Comparison

The maximum AMLP drawdown since its inception was -77.19%, which is greater than HIPS's maximum drawdown of -53.14%. Use the drawdown chart below to compare losses from any high point for AMLP and HIPS. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-5.90%
-8.34%
AMLP
HIPS

Volatility

AMLP vs. HIPS - Volatility Comparison

Alerian MLP ETF (AMLP) and GraniteShares HIPS US High Income ETF (HIPS) have volatilities of 11.68% and 11.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2025FebruaryMarchApril
11.68%
11.64%
AMLP
HIPS