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FTXN vs. AMLP
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FTXN vs. AMLP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Oil & Gas ETF (FTXN) and Alerian MLP ETF (AMLP). The values are adjusted to include any dividend payments, if applicable.

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FTXN vs. AMLP - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FTXN
First Trust Nasdaq Oil & Gas ETF
38.74%-0.17%4.06%4.91%47.45%69.21%-28.10%3.20%-20.99%-2.29%
AMLP
Alerian MLP ETF
14.20%5.78%22.76%21.40%25.47%39.09%-32.26%5.99%-12.67%-7.89%

Returns By Period

In the year-to-date period, FTXN achieves a 38.74% return, which is significantly higher than AMLP's 14.20% return.


FTXN

1D
-1.75%
1M
11.91%
YTD
38.74%
6M
37.15%
1Y
30.75%
3Y*
15.93%
5Y*
22.08%
10Y*

AMLP

1D
-1.16%
1M
1.15%
YTD
14.20%
6M
16.89%
1Y
9.93%
3Y*
20.27%
5Y*
20.38%
10Y*
8.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FTXN vs. AMLP - Expense Ratio Comparison

FTXN has a 0.60% expense ratio, which is lower than AMLP's 0.90% expense ratio.


Return for Risk

FTXN vs. AMLP — Risk / Return Rank

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

FTXN
FTXN Risk / Return Rank: 5656
Overall Rank
FTXN Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
FTXN Sortino Ratio Rank: 5858
Sortino Ratio Rank
FTXN Omega Ratio Rank: 6060
Omega Ratio Rank
FTXN Calmar Ratio Rank: 6060
Calmar Ratio Rank
FTXN Martin Ratio Rank: 4141
Martin Ratio Rank

AMLP
AMLP Risk / Return Rank: 3232
Overall Rank
AMLP Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
AMLP Sortino Ratio Rank: 3333
Sortino Ratio Rank
AMLP Omega Ratio Rank: 3535
Omega Ratio Rank
AMLP Calmar Ratio Rank: 3030
Calmar Ratio Rank
AMLP Martin Ratio Rank: 2525
Martin Ratio Rank
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.

FTXN vs. AMLP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Oil & Gas ETF (FTXN) 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.


FTXNAMLPDifference

Sharpe ratio

Return per unit of total volatility

1.09

0.62

+0.47

Sortino ratio

Return per unit of downside risk

1.49

0.89

+0.60

Omega ratio

Gain probability vs. loss probability

1.22

1.13

+0.09

Calmar ratio

Return relative to maximum drawdown

1.49

0.68

+0.82

Martin ratio

Return relative to average drawdown

3.81

1.72

+2.08

FTXN vs. AMLP - Sharpe Ratio Comparison

The current FTXN Sharpe Ratio is 1.09, which is higher than the AMLP Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of FTXN and AMLP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FTXNAMLPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.09

0.62

+0.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.74

1.02

-0.28

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.31

Sharpe Ratio (All Time)

Calculated using the full available price history

0.30

0.22

+0.08

Correlation

The correlation between FTXN and AMLP is 0.69, 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

FTXN vs. AMLP - Dividend Comparison

FTXN's dividend yield for the trailing twelve months is around 1.95%, less than AMLP's 7.54% yield.


TTM20252024202320222021202020192018201720162015
FTXN
First Trust Nasdaq Oil & Gas ETF
1.95%2.83%2.51%3.41%2.26%1.04%1.76%2.72%2.16%1.78%0.20%0.00%
AMLP
Alerian MLP ETF
7.54%8.36%7.70%7.86%7.70%8.55%12.31%9.12%9.29%7.97%8.09%9.84%

Drawdowns

FTXN vs. AMLP - Drawdown Comparison

The maximum FTXN drawdown since its inception was -73.49%, roughly equal to the maximum AMLP drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for FTXN and AMLP.


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Drawdown Indicators


FTXNAMLPDifference

Max Drawdown

Largest peak-to-trough decline

-73.49%

-77.19%

+3.70%

Max Drawdown (1Y)

Largest decline over 1 year

-21.61%

-14.27%

-7.34%

Max Drawdown (5Y)

Largest decline over 5 years

-29.97%

-20.92%

-9.05%

Max Drawdown (10Y)

Largest decline over 10 years

-72.62%

Current Drawdown

Current decline from peak

-3.16%

-2.17%

-0.99%

Average Drawdown

Average peak-to-trough decline

-19.44%

-17.57%

-1.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.48%

5.60%

+2.88%

Volatility

FTXN vs. AMLP - Volatility Comparison

First Trust Nasdaq Oil & Gas ETF (FTXN) has a higher volatility of 5.59% compared to Alerian MLP ETF (AMLP) at 2.92%. This indicates that FTXN'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


FTXNAMLPDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.59%

2.92%

+2.67%

Volatility (6M)

Calculated over the trailing 6-month period

15.21%

7.86%

+7.35%

Volatility (1Y)

Calculated over the trailing 1-year period

28.49%

16.08%

+12.41%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.04%

20.18%

+9.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.85%

27.84%

+4.01%