AMTR vs. AMJ

Last updated Apr 1, 2026

Compare and contrast key facts about ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR) and J.P. Morgan Alerian MLP Index ETN (AMJ).

AMTR and AMJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMTR is a passively managed fund by UBS that tracks the performance of the Alerian Midstream Energy Index. It was launched on Oct 20, 2020. AMJ is a passively managed fund by JPMorgan that tracks the performance of the Alerian MLP Index. It was launched on Apr 2, 2009. Both AMTR and AMJ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AMTR vs. AMJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR) and J.P. Morgan Alerian MLP Index ETN (AMJ). The values are adjusted to include any dividend payments, if applicable.

AMTR vs. AMJ - Yearly Performance Comparison

	2024	2023	2022	2021	2020
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	44.68%	12.75%	20.41%	36.99%	15.24%
AMJ J.P. Morgan Alerian MLP Index ETN	13.32%	25.06%	30.08%	37.93%	22.63%

Returns By Period

AMTR

• 1D: —
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• 6M: —
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• 3Y*: —
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AMJ

• 1D: —
• 1M: —
• YTD: —
• 6M: —
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• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMTR vs. AMJ - Expense Ratio Comparison

AMTR has a 0.75% expense ratio, which is lower than AMJ's 0.85% expense ratio.

AMJ

J.P. Morgan Alerian MLP Index ETN

AMTR

ETRACS Alerian Midstream Energy Total Return Index ETN

Return for Risk

AMTR vs. AMJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR) and J.P. Morgan Alerian MLP Index ETN (AMJ). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Correlation

The correlation between AMTR and AMJ is 0.84, 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.

Dividends

AMTR vs. AMJ - Dividend Comparison

Neither AMTR nor AMJ has paid dividends to shareholders.

	TTM	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
AMJ J.P. Morgan Alerian MLP Index ETN	0.00%	6.54%	6.33%	7.31%	10.87%	8.30%	8.38%	6.96%	6.57%	7.93%

Drawdowns

Volatility