AMLP vs. VDE
Compare and contrast key facts about Alerian MLP ETF (AMLP) and Vanguard Energy ETF (VDE).
AMLP and VDE 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. VDE is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Energy 25/50 Index. It was launched on Sep 23, 2004. Both AMLP and VDE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMLP or VDE.
Performance
AMLP vs. VDE - Performance Comparison
Returns By Period
In the year-to-date period, AMLP achieves a 23.60% return, which is significantly higher than VDE's 17.62% return. Over the past 10 years, AMLP has underperformed VDE with an annualized return of 1.91%, while VDE has yielded a comparatively higher 4.30% annualized return.
AMLP
23.60%
5.98%
9.91%
22.94%
13.64%
1.91%
VDE
17.62%
7.21%
6.18%
17.34%
16.28%
4.30%
Key characteristics
| AMLP | VDE | |
|---|---|---|
| Sharpe Ratio | 1.72 | 0.95 |
| Sortino Ratio | 2.41 | 1.38 |
| Omega Ratio | 1.30 | 1.17 |
| Calmar Ratio | 3.17 | 1.27 |
| Martin Ratio | 8.97 | 3.07 |
| Ulcer Index | 2.57% | 5.56% |
| Daily Std Dev | 13.37% | 17.95% |
| Max Drawdown | -77.19% | -74.16% |
| Current Drawdown | 0.00% | 0.00% |
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AMLP vs. VDE - Expense Ratio Comparison
AMLP has a 0.90% expense ratio, which is higher than VDE's 0.10% expense ratio.
Correlation
The correlation between AMLP and VDE is 0.68, 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.
Risk-Adjusted Performance
AMLP vs. VDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alerian MLP ETF (AMLP) and Vanguard Energy ETF (VDE). 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.
Dividends
AMLP vs. VDE - Dividend Comparison
AMLP's dividend yield for the trailing twelve months is around 7.65%, more than VDE's 2.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMLP Alerian MLP ETF | 7.65% | 7.86% | 7.70% | 8.55% | 12.31% | 9.12% | 9.30% | 7.97% | 8.09% | 9.84% | 6.45% | 6.00% |
VDE Vanguard Energy ETF | 2.98% | 3.34% | 3.65% | 4.13% | 4.76% | 3.59% | 3.35% | 2.90% | 2.31% | 3.17% | 1.98% | 1.74% |
Drawdowns
AMLP vs. VDE - Drawdown Comparison
The maximum AMLP drawdown since its inception was -77.19%, roughly equal to the maximum VDE drawdown of -74.16%. Use the drawdown chart below to compare losses from any high point for AMLP and VDE. For additional features, visit the drawdowns tool.
Volatility
AMLP vs. VDE - Volatility Comparison
The current volatility for Alerian MLP ETF (AMLP) is 2.99%, while Vanguard Energy ETF (VDE) has a volatility of 5.26%. This indicates that AMLP experiences smaller price fluctuations and is considered to be less risky than VDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.