Correlation
The correlation between MLPR and AMJ is 0.39, 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.
MLPR vs. AMJ
Compare and contrast key facts about ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) and J.P. Morgan Alerian MLP Index ETN (AMJ).
MLPR and AMJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MLPR is a passively managed fund by UBS that tracks the performance of the Alerian MLP Index (150%). It was launched on Jun 2, 2020. AMJ is a passively managed fund by JPMorgan Chase that tracks the performance of the Alerian MLP Index. It was launched on Apr 2, 2009. Both MLPR and AMJ 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: MLPR or AMJ.
Performance
MLPR vs. AMJ - Performance Comparison
Loading data...
Key characteristics
Returns By Period
MLPR
4.25%
2.35%
-6.47%
20.01%
23.90%
N/A
N/A
AMJ
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MLPR vs. AMJ - Expense Ratio Comparison
MLPR has a 0.95% expense ratio, which is higher than AMJ's 0.85% expense ratio.
Risk-Adjusted Performance
MLPR vs. AMJ — Risk-Adjusted Performance Rank
MLPR
AMJ
MLPR vs. AMJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) and J.P. Morgan Alerian MLP Index ETN (AMJ). 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.
Loading data...
Dividends
MLPR vs. AMJ - Dividend Comparison
MLPR's dividend yield for the trailing twelve months is around 10.44%, while AMJ has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
MLPR ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN | 10.44% | 9.57% | 10.08% | 10.07% | 10.69% | 4.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AMJ J.P. Morgan Alerian MLP Index ETN | 0.00% | 1.49% | 6.54% | 6.33% | 7.31% | 10.87% | 8.30% | 8.38% | 6.96% | 47.34% | 0.00% |
Drawdowns
MLPR vs. AMJ - Drawdown Comparison
Loading data...
Volatility
MLPR vs. AMJ - Volatility Comparison
Loading data...