BIBL vs. AMLP
Compare and contrast key facts about Inspire 100 ETF (BIBL) and Alerian MLP ETF (AMLP).
BIBL and AMLP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BIBL is a passively managed fund by Inspire that tracks the performance of the Inspire 100 Index. It was launched on Oct 30, 2017. AMLP is a passively managed fund by SS&C that tracks the performance of the Alerian MLP Infrastructure Index. It was launched on Aug 23, 2010. Both BIBL and AMLP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIBL or AMLP.
Key characteristics
BIBL | AMLP | |
---|---|---|
YTD Return | 21.35% | 20.38% |
1Y Return | 39.57% | 24.11% |
3Y Return (Ann) | 3.27% | 19.72% |
5Y Return (Ann) | 12.63% | 12.49% |
Sharpe Ratio | 2.55 | 1.76 |
Sortino Ratio | 3.53 | 2.47 |
Omega Ratio | 1.45 | 1.31 |
Calmar Ratio | 1.77 | 3.29 |
Martin Ratio | 15.30 | 9.30 |
Ulcer Index | 2.51% | 2.57% |
Daily Std Dev | 15.06% | 13.59% |
Max Drawdown | -36.12% | -77.19% |
Current Drawdown | 0.00% | -0.41% |
Correlation
The correlation between BIBL and AMLP is 0.49, 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.
Performance
BIBL vs. AMLP - Performance Comparison
The year-to-date returns for both stocks are quite close, with BIBL having a 21.35% return and AMLP slightly lower at 20.38%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BIBL vs. AMLP - Expense Ratio Comparison
BIBL has a 0.35% expense ratio, which is lower than AMLP's 0.90% expense ratio.
Risk-Adjusted Performance
BIBL vs. AMLP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Inspire 100 ETF (BIBL) 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.
Dividends
BIBL vs. AMLP - Dividend Comparison
BIBL's dividend yield for the trailing twelve months is around 0.94%, less than AMLP's 5.73% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Inspire 100 ETF | 0.94% | 1.02% | 0.98% | 17.87% | 1.67% | 1.30% | 1.62% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% |
Alerian MLP ETF | 5.73% | 7.86% | 7.70% | 8.55% | 12.31% | 9.12% | 9.30% | 7.97% | 8.09% | 9.84% | 6.45% | 6.00% |
Drawdowns
BIBL vs. AMLP - Drawdown Comparison
The maximum BIBL drawdown since its inception was -36.12%, smaller than the maximum AMLP drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for BIBL and AMLP. For additional features, visit the drawdowns tool.
Volatility
BIBL vs. AMLP - Volatility Comparison
Inspire 100 ETF (BIBL) has a higher volatility of 4.97% compared to Alerian MLP ETF (AMLP) at 3.15%. This indicates that BIBL'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.