KNTK vs. AMLP
Compare and contrast key facts about Kinetik Holdings Inc (KNTK) and Alerian MLP ETF (AMLP).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KNTK or AMLP.
Correlation
The correlation between KNTK and AMLP is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
KNTK vs. AMLP - Performance Comparison
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Key characteristics
KNTK:
0.39
AMLP:
0.51
KNTK:
0.72
AMLP:
0.84
KNTK:
1.10
AMLP:
1.11
KNTK:
0.27
AMLP:
0.71
KNTK:
1.00
AMLP:
2.57
KNTK:
13.37%
AMLP:
3.96%
KNTK:
36.94%
AMLP:
18.50%
KNTK:
-95.36%
AMLP:
-77.19%
KNTK:
-42.32%
AMLP:
-7.86%
Returns By Period
In the year-to-date period, KNTK achieves a -24.18% return, which is significantly lower than AMLP's 2.49% return.
KNTK
-24.18%
-0.78%
-25.82%
11.50%
57.96%
N/A
AMLP
2.49%
5.74%
4.52%
10.09%
24.92%
2.84%
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Risk-Adjusted Performance
KNTK vs. AMLP — Risk-Adjusted Performance Rank
KNTK
AMLP
KNTK vs. AMLP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinetik Holdings Inc (KNTK) 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.
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Dividends
KNTK vs. AMLP - Dividend Comparison
KNTK's dividend yield for the trailing twelve months is around 7.41%, more than AMLP's 5.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KNTK Kinetik Holdings Inc | 7.41% | 5.34% | 8.98% | 6.80% | 9.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AMLP Alerian MLP ETF | 5.90% | 7.70% | 7.86% | 7.70% | 8.55% | 12.31% | 9.12% | 9.29% | 7.97% | 8.09% | 9.84% | 6.45% |
Drawdowns
KNTK vs. AMLP - Drawdown Comparison
The maximum KNTK drawdown since its inception was -95.36%, which is greater than AMLP's maximum drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for KNTK and AMLP. For additional features, visit the drawdowns tool.
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Volatility
KNTK vs. AMLP - Volatility Comparison
Kinetik Holdings Inc (KNTK) has a higher volatility of 13.02% compared to Alerian MLP ETF (AMLP) at 6.90%. This indicates that KNTK'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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