AMND vs. MPLX
Compare and contrast key facts about ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and MPLX LP (MPLX).
AMND is a passively managed fund by UBS that tracks the performance of the Alerian Midstream Energy Dividend Index. It was launched on Jul 15, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMND or MPLX.
Key characteristics
| AMND | MPLX | |
|---|---|---|
| YTD Return | 36.82% | 35.12% |
| 1Y Return | 40.56% | 38.98% |
| 3Y Return (Ann) | 21.17% | 24.37% |
| Sharpe Ratio | 3.54 | 3.32 |
| Sortino Ratio | 5.04 | 4.77 |
| Omega Ratio | 1.63 | 1.59 |
| Calmar Ratio | 7.38 | 4.65 |
| Martin Ratio | 28.05 | 23.13 |
| Ulcer Index | 1.50% | 1.75% |
| Daily Std Dev | 11.89% | 12.23% |
| Max Drawdown | -18.21% | -85.72% |
| Current Drawdown | -0.88% | -1.43% |
Correlation
The correlation between AMND and MPLX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AMND vs. MPLX - Performance Comparison
The year-to-date returns for both stocks are quite close, with AMND having a 36.82% return and MPLX slightly lower at 35.12%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AMND vs. MPLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and MPLX LP (MPLX). 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
AMND vs. MPLX - Dividend Comparison
AMND's dividend yield for the trailing twelve months is around 5.28%, less than MPLX's 7.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 | 5.28% | 6.57% | 6.37% | 7.10% | 2.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MPLX MPLX LP | 7.69% | 8.65% | 8.80% | 11.30% | 12.71% | 10.42% | 8.22% | 6.23% | 5.86% | 4.33% | 1.83% | 2.32% |
Drawdowns
AMND vs. MPLX - Drawdown Comparison
The maximum AMND drawdown since its inception was -18.21%, smaller than the maximum MPLX drawdown of -85.72%. Use the drawdown chart below to compare losses from any high point for AMND and MPLX. For additional features, visit the drawdowns tool.
Volatility
AMND vs. MPLX - Volatility Comparison
The current volatility for ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) is 3.68%, while MPLX LP (MPLX) has a volatility of 4.67%. This indicates that AMND experiences smaller price fluctuations and is considered to be less risky than MPLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.