B vs. AMLP

Last updated Jun 13, 2026

B (Barrick Mining Corporation) is a stock, while AMLP (Alerian MLP ETF) is MLPs fund tracking the Alerian MLP Infrastructure Index. Over the past 10 years, B returned 9.32%/yr vs 6.92%/yr for AMLP. At a 0.16 correlation, their price movements are largely independent.

Performance

B vs. AMLP - Performance Comparison

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

Returns By Period

In the year-to-date period, B achieves a -6.52% return, which is significantly lower than AMLP's 15.29% return. Over the past 10 years, B has outperformed AMLP with an annualized return of 9.32%, while AMLP has yielded a comparatively lower 6.92% annualized return.

B

• 1D: 2.81%
• 1M: -10.03%
• YTD: -6.52%
• 6M: -5.53%
• 1Y: 96.46%
• 3Y*: 36.83%
• 5Y*: 14.31%
• 10Y*: 9.32%

AMLP

• 1D: -0.34%
• 1M: -1.96%
• YTD: 15.29%
• 6M: 14.35%
• 1Y: 14.76%
• 3Y*: 20.22%
• 5Y*: 15.26%
• 10Y*: 6.92%

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

B vs. AMLP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
B Barrick Mining Corporation	-6.52%	186.91%	-12.29%	7.86%	-6.81%	-14.75%	24.60%	38.45%	-5.01%	-8.80%
AMLP Alerian MLP ETF	15.29%	5.78%	22.76%	21.40%	25.47%	39.09%	-32.26%	5.99%	-12.67%	-7.89%

Correlation

The correlation between B and AMLP is -0.06, 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	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Aug 25, 2010	0.16

The correlation between B and AMLP shifts across timeframes, from -0.06 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

B vs. AMLP — Risk / Return Rank

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

B

B Risk / Return Rank: 86
B Sharpe Ratio Rank: 91
B Sortino Ratio Rank: 84
B Omega Ratio Rank: 86
B Calmar Ratio Rank: 86
B Martin Ratio Rank: 85

AMLP

AMLP Risk / Return Rank: 38
AMLP Sharpe Ratio Rank: 40
AMLP Sortino Ratio Rank: 39
AMLP Omega Ratio Rank: 37
AMLP Calmar Ratio Rank: 38
AMLP Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

B vs. AMLP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Barrick Mining Corporation (B) 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.

	B	AMLP	Difference
Sharpe ratio: Return per unit of total volatility	2.15	1.25	+0.89
Sortino ratio: Return per unit of downside risk	2.48	1.79	+0.68
Omega ratio: Gain probability vs. loss probability	1.34	1.22	+0.12
Calmar ratio: Return relative to maximum drawdown	3.31	1.66	+1.65
Martin ratio: Return relative to average drawdown	7.95	5.35	+2.59

B vs. AMLP - Sharpe Ratio Comparison

The current B Sharpe Ratio is 2.15, which is higher than the AMLP Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of B and AMLP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

B vs. AMLP - Drawdown Comparison

The maximum B drawdown since its inception was -88.51%, which is greater than AMLP's maximum drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for B and AMLP.

Drawdown Indicators

	B	AMLP	Difference
Max Drawdown Largest peak-to-trough decline	-88.51%	-77.19%	-11.32%
Max Drawdown (1Y) Largest decline over 1 year	-29.31%	-8.94%	-20.37%
Max Drawdown (3Y) Largest decline over 3 years	-29.31%	-14.27%	-15.04%
Max Drawdown (5Y) Largest decline over 5 years	-47.96%	-20.92%	-27.04%
Max Drawdown (10Y) Largest decline over 10 years	-57.13%	-72.62%	+15.49%
Current Drawdown Current decline from peak	-23.16%	-4.94%	-18.22%
Average Drawdown Average peak-to-trough decline	-37.28%	-17.37%	-19.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.18%	2.77%	+9.41%

Volatility

B vs. AMLP - Volatility Comparison

Barrick Mining Corporation (B) has a higher volatility of 15.80% compared to Alerian MLP ETF (AMLP) at 4.71%. This indicates that B'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.

Volatility by Period

	B	AMLP	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.80%	4.71%	+11.09%
Volatility (6M) Calculated over the trailing 6-month period	35.19%	8.77%	+26.42%
Volatility (1Y) Calculated over the trailing 1-year period	45.31%	11.84%	+33.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.25%	19.95%	+16.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.85%	27.67%	+9.18%

Dividends

B vs. AMLP - Dividend Comparison

B's dividend yield for the trailing twelve months is around 2.29%, less than AMLP's 7.71% yield.

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%
B Barrick Mining Corporation	2.29%	1.21%	2.58%	2.21%	3.20%	2.47%	1.82%	0.70%	1.40%	0.83%	0.50%	1.90%

Frequently Asked Questions

Can I hold both B and AMLP in my portfolio?

B and AMLP have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, B or AMLP?

B has higher volatility (15.80%) compared to AMLP (4.71%). In terms of maximum drawdown, B dropped -88.51% vs AMLP's -77.19%.

Which has better risk-adjusted returns?

B currently has the higher Sharpe Ratio (2.15 vs 1.25), 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.