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MLPR vs. AMJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

MLPR vs. AMJ

Last updated May 11, 2025

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.

Correlation

The correlation between MLPR and AMJ is 0.40, 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

MLPR vs. AMJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) and J.P. Morgan Alerian MLP Index ETN (AMJ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period

MLPR

YTD

1.94%

1M

9.57%

6M

7.75%

1Y

12.04%

5Y*

N/A

10Y*

N/A

AMJ

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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MLPR vs. AMJ - Expense Ratio Comparison

MLPR has a 0.95% expense ratio, which is higher than AMJ's 0.85% expense ratio.

MLPR
ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN
AMJ
J.P. Morgan Alerian MLP Index ETN

Risk-Adjusted Performance

MLPR vs. AMJ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MLPR
The Risk-Adjusted Performance Rank of MLPR is 5252
Overall Rank
The Sharpe Ratio Rank of MLPR is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of MLPR is 5050
Sortino Ratio Rank
The Omega Ratio Rank of MLPR is 4949
Omega Ratio Rank
The Calmar Ratio Rank of MLPR is 6161
Calmar Ratio Rank
The Martin Ratio Rank of MLPR is 5555
Martin Ratio Rank
AMJ
The Risk-Adjusted Performance Rank of AMJ is 8383
Overall Rank
The Sharpe Ratio Rank of AMJ is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of AMJ is 9595
Sortino Ratio Rank
The Omega Ratio Rank of AMJ is 9595
Omega Ratio Rank
The Calmar Ratio Rank of AMJ is 3333
Calmar Ratio Rank
The Martin Ratio Rank of AMJ is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.

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Dividends

MLPR vs. AMJ - Dividend Comparison

MLPR's dividend yield for the trailing twelve months is around 10.67%, while AMJ has not paid dividends to shareholders.

TTM2024202320222021202020192018201720162015
MLPR
ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN		10.67%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

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Volatility

MLPR vs. AMJ - Volatility Comparison

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