CAPL vs. AMLP
CAPL (CrossAmerica Partners LP) is a stock, while AMLP (Alerian MLP ETF) is MLPs fund tracking the Alerian MLP Infrastructure Index. Over the past 10 years, CAPL returned 10.56%/yr vs 7.29%/yr for AMLP. Their 0.35 correlation means their historical movements had little consistent relationship.
Performance
CAPL vs. AMLP - Performance Comparison
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Returns By Period
In the year-to-date period, CAPL achieves a 13.18% return, which is significantly lower than AMLP's 22.35% return. Over the past 10 years, CAPL has outperformed AMLP with an annualized return of 10.56%, while AMLP has yielded a comparatively lower 7.29% annualized return.
CAPL
- 1D
- 1.97%
- 1M
- -1.38%
- 6M
- 3.39%
- YTD
- 13.18%
- 1Y
- 13.71%
- 3Y*
- 12.73%
- 5Y*
- 12.01%
- 10Y*
- 10.56%
- ALL TIME*
- 10.41%
AMLP
- 1D
- 0.89%
- 1M
- 6.26%
- 6M
- 14.99%
- YTD
- 22.35%
- 1Y
- 21.27%
- 3Y*
- 19.27%
- 5Y*
- 19.50%
- 10Y*
- 7.29%
- ALL TIME*
- 5.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AMLP Alerian MLP ETF | $65.00M | $60.75M | $74.60M |
| $890.35K | $703.42K | $947.22K |
CAPL vs. AMLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAPL CrossAmerica Partners LP | 13.18% | 2.89% | 6.27% | 26.71% | 14.99% | 22.91% | 9.01% | 43.57% | -33.07% | 3.68% |
AMLP Alerian MLP ETF | 22.35% | 5.78% | 22.76% | 21.40% | 25.47% | 39.09% | -32.26% | 5.99% | -12.67% | -7.89% |
Correlation
The correlation between CAPL and AMLP is 0.29, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.29 |
Correlation (3Y) Balances recent behavior with more history. | 0.34 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.41 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.36 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2012 | 0.35 |
The correlation between CAPL and AMLP shifts across timeframes, from 0.29 (1 year) to 0.41 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
CAPL vs. AMLP — Risk / Return Rank
CAPL
AMLP
CAPL vs. AMLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CrossAmerica Partners LP (CAPL) 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.
| CAPL | AMLP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.27 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | 2.35 | -1.38 |
| Martin ratioReturn relative to average drawdown | 2.89 | 6.55 | -3.66 |
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Drawdowns
CAPL vs. AMLP - Drawdown Comparison
The maximum CAPL drawdown since its inception was -69.32%, smaller than the maximum AMLP drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for CAPL and AMLP.
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Drawdown Indicators
| CAPL | AMLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.32% | -77.19% | +7.87% |
Max Drawdown (1Y)Largest decline over 1 year | -14.59% | -8.47% | -6.12% |
Max Drawdown (3Y)Largest decline over 3 years | -18.25% | -14.27% | -3.98% |
Max Drawdown (5Y)Largest decline over 5 years | -19.80% | -20.92% | +1.12% |
Max Drawdown (10Y)Largest decline over 10 years | -66.92% | -72.62% | +5.70% |
Current DrawdownCurrent decline from peak | -3.48% | 0.00% | -3.48% |
Average DrawdownAverage peak-to-trough decline | -16.45% | -17.26% | +0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.85% | 3.20% | +1.65% |
Volatility
CAPL vs. AMLP - Volatility Comparison
The current volatility for CrossAmerica Partners LP (CAPL) is 3.63%, while Alerian MLP ETF (AMLP) has a volatility of 3.98%. This indicates that CAPL experiences smaller price fluctuations and is considered to be less risky 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
| CAPL | AMLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.63% | 3.98% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 16.23% | 9.81% | +6.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.43% | 12.55% | +8.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.96% | 19.37% | +5.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.66% | 27.64% | +13.02% |
Dividends
CAPL vs. AMLP - Dividend Comparison
CAPL's dividend yield for the trailing twelve months is around 9.46%, more than AMLP's 7.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMLP Alerian MLP ETF | 7.27% | 8.36% | 7.70% | 7.86% | 7.70% | 8.55% | 12.31% | 9.12% | 9.29% | 7.97% | 8.09% | 9.84% |
CAPL CrossAmerica Partners LP | 9.46% | 10.19% | 9.55% | 9.21% | 10.59% | 11.02% | 12.23% | 11.63% | 15.55% | 10.44% | 9.53% | 8.60% |
Frequently Asked Questions
CAPL and AMLP have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMLP has higher volatility (3.98%) compared to CAPL (3.63%). In terms of maximum drawdown, CAPL dropped -69.32% vs AMLP's -77.19%.
AMLP currently has the higher Sharpe Ratio (1.58 vs 0.66), 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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