AVAH vs. AMLP
AVAH (Aveanna Healthcare Holdings Inc.) is a stock, while AMLP (Alerian MLP ETF) is MLPs fund tracking the Alerian MLP Infrastructure Index. Over the past 5 years, AVAH returned -10.99%/yr vs 15.26%/yr for AMLP. At a 0.19 correlation, their price movements are largely independent.
Performance
AVAH vs. AMLP - Performance Comparison
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Returns By Period
In the year-to-date period, AVAH achieves a -13.22% return, which is significantly lower than AMLP's 15.29% return.
AVAH
- 1D
- 1.29%
- 1M
- -4.70%
- YTD
- -13.22%
- 6M
- -21.40%
- 1Y
- 44.40%
- 3Y*
- 72.97%
- 5Y*
- -10.99%
- 10Y*
- —
AMLP
- 1D
- -0.34%
- 1M
- -3.23%
- YTD
- 15.29%
- 6M
- 14.35%
- 1Y
- 15.02%
- 3Y*
- 20.22%
- 5Y*
- 15.26%
- 10Y*
- 6.92%
AVAH vs. AMLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AVAH Aveanna Healthcare Holdings Inc. | -13.22% | 78.77% | 70.52% | 243.59% | -89.46% | -38.33% |
AMLP Alerian MLP ETF | 15.29% | 5.78% | 22.76% | 21.40% | 25.47% | 7.69% |
Correlation
The correlation between AVAH and AMLP is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2021 | 0.19 |
The correlation between AVAH and AMLP shifts across timeframes, from -0.04 (1 year) to 0.21 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
AVAH vs. AMLP — Risk / Return Rank
AVAH
AMLP
AVAH vs. AMLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aveanna Healthcare Holdings Inc. (AVAH) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AVAH | AMLP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.22 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | 1.66 | -0.65 |
| Martin ratioReturn relative to average drawdown | 1.81 | 5.35 | -3.54 |
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Drawdowns
AVAH vs. AMLP - Drawdown Comparison
The maximum AVAH drawdown since its inception was -94.76%, which is greater than AMLP's maximum drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for AVAH and AMLP.
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Drawdown Indicators
| AVAH | AMLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.76% | -77.19% | -17.57% |
Max Drawdown (1Y)Largest decline over 1 year | -39.44% | -8.94% | -30.50% |
Max Drawdown (3Y)Largest decline over 3 years | -41.40% | -14.27% | -27.13% |
Max Drawdown (5Y)Largest decline over 5 years | -94.69% | -20.92% | -73.77% |
Max Drawdown (10Y)Largest decline over 10 years | — | -72.62% | — |
Current DrawdownCurrent decline from peak | -45.00% | -4.94% | -40.06% |
Average DrawdownAverage peak-to-trough decline | -63.57% | -17.37% | -46.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.95% | 2.77% | +19.18% |
Volatility
AVAH vs. AMLP - Volatility Comparison
Aveanna Healthcare Holdings Inc. (AVAH) has a higher volatility of 15.70% compared to Alerian MLP ETF (AMLP) at 4.71%. This indicates that AVAH'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.
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Volatility by Period
| AVAH | AMLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.70% | 4.71% | +10.99% |
Volatility (6M)Calculated over the trailing 6-month period | 32.16% | 8.77% | +23.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.16% | 11.84% | +56.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.16% | 19.95% | +58.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.42% | 27.67% | +49.75% |
Dividends
AVAH vs. AMLP - Dividend Comparison
AVAH has not paid dividends to shareholders, while AMLP's dividend yield for the trailing twelve months is around 7.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMLP Alerian MLP ETF | 7.71% | 8.36% | 7.70% | 7.86% | 7.70% | 8.55% | 12.31% | 9.12% | 9.29% | 7.97% | 8.09% | 9.84% |
AVAH Aveanna Healthcare Holdings 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% |
Frequently Asked Questions
AVAH and AMLP have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVAH has higher volatility (15.70%) compared to AMLP (4.71%). In terms of maximum drawdown, AVAH dropped -94.76% vs AMLP's -77.19%.
AMLP currently has the higher Sharpe Ratio (1.25 vs 0.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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