AMUB vs. EMLP
Compare and contrast key facts about ETRACS Alerian MLP Index ETN Class B (AMUB) and First Trust North American Energy Infrastructure Fund (EMLP).
AMUB and EMLP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMUB is a passively managed fund by UBS that tracks the performance of the Alerian MLP Index. It was launched on Oct 8, 2015. EMLP is an actively managed fund by First Trust. It was launched on Jun 21, 2012.
Performance
AMUB vs. EMLP - Performance Comparison
Loading graphics...
AMUB vs. EMLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMUB ETRACS Alerian MLP Index ETN Class B | 16.54% | 8.70% | 23.05% | 25.39% | 29.89% | 38.64% | -29.50% | 6.26% | -13.33% | -7.19% |
EMLP First Trust North American Energy Infrastructure Fund | 16.08% | 9.67% | 33.39% | 8.05% | 10.39% | 23.20% | -13.36% | 23.40% | -8.70% | 1.07% |
Returns By Period
The year-to-date returns for both stocks are quite close, with AMUB having a 16.54% return and EMLP slightly lower at 16.08%. Over the past 10 years, AMUB has underperformed EMLP with an annualized return of 10.32%, while EMLP has yielded a comparatively higher 11.51% annualized return.
AMUB
- 1D
- -1.33%
- 1M
- 1.05%
- YTD
- 16.54%
- 6M
- 20.87%
- 1Y
- 12.97%
- 3Y*
- 23.44%
- 5Y*
- 23.20%
- 10Y*
- 10.32%
EMLP
- 1D
- -0.59%
- 1M
- 0.43%
- YTD
- 16.08%
- 6M
- 15.69%
- 1Y
- 20.09%
- 3Y*
- 22.08%
- 5Y*
- 17.72%
- 10Y*
- 11.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AMUB vs. EMLP - Expense Ratio Comparison
AMUB has a 0.80% expense ratio, which is lower than EMLP's 0.96% expense ratio.
Return for Risk
AMUB vs. EMLP — Risk / Return Rank
AMUB
EMLP
AMUB vs. EMLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian MLP Index ETN Class B (AMUB) and First Trust North American Energy Infrastructure Fund (EMLP). 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.
| AMUB | EMLP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 1.51 | -0.82 |
Sortino ratioReturn per unit of downside risk | 0.98 | 1.94 | -0.96 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.30 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.72 | 1.83 | -1.11 |
Martin ratioReturn relative to average drawdown | 1.85 | 8.54 | -6.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| AMUB | EMLP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 1.51 | -0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.17 | 1.23 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.65 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.58 | -0.32 |
Correlation
The correlation between AMUB and EMLP is 0.61, 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.
Dividends
AMUB vs. EMLP - Dividend Comparison
AMUB's dividend yield for the trailing twelve months is around 5.79%, more than EMLP's 2.75% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMUB ETRACS Alerian MLP Index ETN Class B | 5.79% | 6.54% | 6.02% | 6.54% | 6.35% | 7.34% | 10.94% | 8.36% | 8.48% | 7.00% | 6.61% | 2.25% |
EMLP First Trust North American Energy Infrastructure Fund | 2.75% | 3.18% | 3.19% | 3.92% | 3.15% | 3.29% | 4.70% | 3.71% | 4.71% | 3.80% | 3.62% | 4.63% |
Drawdowns
AMUB vs. EMLP - Drawdown Comparison
The maximum AMUB drawdown since its inception was -73.13%, which is greater than EMLP's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for AMUB and EMLP.
Loading graphics...
Drawdown Indicators
| AMUB | EMLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.13% | -43.61% | -29.52% |
Max Drawdown (1Y)Largest decline over 1 year | -17.04% | -11.27% | -5.77% |
Max Drawdown (5Y)Largest decline over 5 years | -20.58% | -14.59% | -5.99% |
Max Drawdown (10Y)Largest decline over 10 years | -73.13% | -43.61% | -29.52% |
Current DrawdownCurrent decline from peak | -2.96% | -0.59% | -2.37% |
Average DrawdownAverage peak-to-trough decline | -14.32% | -5.81% | -8.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.62% | 2.41% | +4.21% |
Volatility
AMUB vs. EMLP - Volatility Comparison
ETRACS Alerian MLP Index ETN Class B (AMUB) has a higher volatility of 3.54% compared to First Trust North American Energy Infrastructure Fund (EMLP) at 2.80%. This indicates that AMUB's price experiences larger fluctuations and is considered to be riskier than EMLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AMUB | EMLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.54% | 2.80% | +0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 8.96% | 6.79% | +2.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.90% | 13.41% | +5.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.01% | 14.46% | +5.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.89% | 17.72% | +9.17% |