AMPL vs. MLPA
Compare and contrast key facts about Amplitude, Inc. (AMPL) and Global X MLP ETF (MLPA).
MLPA is a passively managed fund by Global X that tracks the performance of the Solactive MLP Infrastructure Index. It was launched on Apr 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMPL or MLPA.
Correlation
The correlation between AMPL and MLPA is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AMPL vs. MLPA - Performance Comparison
Key characteristics
AMPL:
-0.30
MLPA:
0.94
AMPL:
-0.11
MLPA:
1.32
AMPL:
0.99
MLPA:
1.18
AMPL:
-0.17
MLPA:
1.13
AMPL:
-1.05
MLPA:
4.74
AMPL:
14.71%
MLPA:
3.39%
AMPL:
51.53%
MLPA:
17.20%
AMPL:
-90.90%
MLPA:
-78.74%
AMPL:
-90.35%
MLPA:
-7.88%
Returns By Period
In the year-to-date period, AMPL achieves a -22.46% return, which is significantly lower than MLPA's 2.76% return.
AMPL
-22.46%
-29.79%
-9.31%
-13.53%
N/A
N/A
MLPA
2.76%
-5.78%
7.92%
12.67%
27.30%
2.14%
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Risk-Adjusted Performance
AMPL vs. MLPA — Risk-Adjusted Performance Rank
AMPL
MLPA
AMPL vs. MLPA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplitude, Inc. (AMPL) and Global X MLP ETF (MLPA). 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
AMPL vs. MLPA - Dividend Comparison
AMPL has not paid dividends to shareholders, while MLPA's dividend yield for the trailing twelve months is around 7.31%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMPL Amplitude, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MLPA Global X MLP ETF | 7.31% | 7.25% | 7.49% | 7.30% | 8.72% | 13.84% | 9.09% | 10.00% | 8.05% | 7.15% | 9.29% | 5.80% |
Drawdowns
AMPL vs. MLPA - Drawdown Comparison
The maximum AMPL drawdown since its inception was -90.90%, which is greater than MLPA's maximum drawdown of -78.74%. Use the drawdown chart below to compare losses from any high point for AMPL and MLPA. For additional features, visit the drawdowns tool.
Volatility
AMPL vs. MLPA - Volatility Comparison
Amplitude, Inc. (AMPL) has a higher volatility of 20.87% compared to Global X MLP ETF (MLPA) at 10.43%. This indicates that AMPL's price experiences larger fluctuations and is considered to be riskier than MLPA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.