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

Correlation

The correlation between AMUB and AMLP is 0.41, 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: 0.4

Performance

AMUB vs. AMLP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Alerian MLP Index ETN Class B (AMUB) and Alerian MLP ETF (AMLP). The values are adjusted to include any dividend payments, if applicable.

50.00%60.00%70.00%80.00%90.00%100.00%NovemberDecember2025FebruaryMarchApril
84.19%
60.91%
AMUB
AMLP

Key characteristics

Sharpe Ratio

AMUB:

0.70

AMLP:

0.73

Sortino Ratio

AMUB:

1.01

AMLP:

1.06

Omega Ratio

AMUB:

1.14

AMLP:

1.14

Calmar Ratio

AMUB:

0.85

AMLP:

0.93

Martin Ratio

AMUB:

3.39

AMLP:

3.69

Ulcer Index

AMUB:

4.28%

AMLP:

3.59%

Daily Std Dev

AMUB:

20.82%

AMLP:

18.26%

Max Drawdown

AMUB:

-73.03%

AMLP:

-77.19%

Current Drawdown

AMUB:

-7.83%

AMLP:

-5.90%

Returns By Period

In the year-to-date period, AMUB achieves a 5.23% return, which is significantly higher than AMLP's 4.67% return.


AMUB

YTD

5.23%

1M

-6.52%

6M

10.47%

1Y

14.00%

5Y*

28.74%

10Y*

N/A

AMLP

YTD

4.67%

1M

-4.94%

6M

9.78%

1Y

12.68%

5Y*

26.84%

10Y*

3.02%

*Annualized

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AMUB vs. AMLP - Expense Ratio Comparison

AMUB has a 0.80% expense ratio, which is lower than AMLP's 0.90% expense ratio.


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%
Expense ratio chart for AMUB: current value is 0.80%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
AMUB: 0.80%

Risk-Adjusted Performance

AMUB vs. AMLP — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMUB
The Risk-Adjusted Performance Rank of AMUB is 7373
Overall Rank
The Sharpe Ratio Rank of AMUB is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of AMUB is 6868
Sortino Ratio Rank
The Omega Ratio Rank of AMUB is 6969
Omega Ratio Rank
The Calmar Ratio Rank of AMUB is 8080
Calmar Ratio Rank
The Martin Ratio Rank of AMUB is 7777
Martin Ratio Rank

AMLP
The Risk-Adjusted Performance Rank of AMLP is 7474
Overall Rank
The Sharpe Ratio Rank of AMLP is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of AMLP is 7070
Sortino Ratio Rank
The Omega Ratio Rank of AMLP is 6969
Omega Ratio Rank
The Calmar Ratio Rank of AMLP is 8181
Calmar Ratio Rank
The Martin Ratio Rank of AMLP is 7979
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.

AMUB vs. AMLP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian MLP Index ETN Class B (AMUB) and Alerian MLP ETF (AMLP). 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 AMUB, currently valued at 0.70, compared to the broader market-1.000.001.002.003.004.00
AMUB: 0.70
AMLP: 0.73
The chart of Sortino ratio for AMUB, currently valued at 1.01, compared to the broader market-2.000.002.004.006.008.00
AMUB: 1.01
AMLP: 1.06
The chart of Omega ratio for AMUB, currently valued at 1.14, compared to the broader market0.501.001.502.002.50
AMUB: 1.14
AMLP: 1.14
The chart of Calmar ratio for AMUB, currently valued at 0.85, compared to the broader market0.002.004.006.008.0010.0012.00
AMUB: 0.85
AMLP: 0.93
The chart of Martin ratio for AMUB, currently valued at 3.39, compared to the broader market0.0020.0040.0060.00
AMUB: 3.39
AMLP: 3.69

The current AMUB Sharpe Ratio is 0.70, which is comparable to the AMLP Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of AMUB and AMLP, 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
0.70
0.73
AMUB
AMLP

Dividends

AMUB vs. AMLP - Dividend Comparison

AMUB's dividend yield for the trailing twelve months is around 6.00%, less than AMLP's 7.68% yield.


TTM20242023202220212020201920182017201620152014
AMUB
ETRACS Alerian MLP Index ETN Class B
6.00%6.02%6.54%6.35%7.34%10.94%8.36%8.48%7.01%6.61%0.00%0.00%
AMLP
Alerian MLP ETF
7.68%7.70%7.86%7.70%8.55%12.31%9.12%9.30%7.97%8.09%9.84%6.45%

Drawdowns

AMUB vs. AMLP - Drawdown Comparison

The maximum AMUB drawdown since its inception was -73.03%, smaller than the maximum AMLP drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for AMUB and AMLP. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-7.83%
-5.90%
AMUB
AMLP

Volatility

AMUB vs. AMLP - Volatility Comparison

ETRACS Alerian MLP Index ETN Class B (AMUB) has a higher volatility of 14.15% compared to Alerian MLP ETF (AMLP) at 11.68%. This indicates that AMUB's price experiences larger fluctuations and is considered to be riskier than AMLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
14.15%
11.68%
AMUB
AMLP