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MUSA vs. AMLP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MUSA vs. AMLP

Last updated Jun 13, 2026

MUSA (Murphy USA Inc.) is a stock, while AMLP (Alerian MLP ETF) is MLPs fund tracking the Alerian MLP Infrastructure Index. Over the past 10 years, MUSA returned 24.92%/yr vs 6.92%/yr for AMLP. At a 0.22 correlation, their price movements are largely independent.

Performance

MUSA vs. AMLP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Murphy USA Inc. (MUSA) and Alerian MLP ETF (AMLP). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MUSA achieves a 54.70% return, which is significantly higher than AMLP's 15.29% return. Over the past 10 years, MUSA has outperformed AMLP with an annualized return of 24.92%, while AMLP has yielded a comparatively lower 6.92% annualized return.

MUSA

1D
0.07%
1M
8.16%
YTD
54.70%
6M
53.60%
1Y
55.66%
3Y*
29.75%
5Y*
35.86%
10Y*
24.92%

AMLP

1D
-0.34%
1M
-3.23%
YTD
15.29%
6M
14.35%
1Y
15.02%
3Y*
20.22%
5Y*
15.26%
10Y*
6.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MUSA vs. AMLP - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
MUSA
Murphy USA Inc.		54.70%-19.15%41.27%28.20%41.02%53.33%12.06%52.66%-4.63%30.73%
AMLP
Alerian MLP ETF		15.29%5.78%22.76%21.40%25.47%39.09%-32.26%5.99%-12.67%-7.89%

Correlation

The correlation between MUSA and AMLP is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.16

Correlation (3Y)
Calculated over the trailing 3-year period

0.21

Correlation (5Y)
Calculated over the trailing 5-year period

0.24

Correlation (10Y)
Calculated over the trailing 10-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Aug 19, 2013

0.22

Compare stocks, funds, or ETFs

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Murphy USA Inc.

Alerian MLP ETF

Often compared with MUSA:
MUSA vs. FICOMUSA vs. FSMMUSA vs. WSMMUSA vs. XPOMUSA vs. BALTMUSA vs. BAHMUSA vs. SPY
Often compared with AMLP:
AMLP vs. MLPAAMLP vs. ENFRAMLP vs. XLEAMLP vs. SPYAMLP vs. ETAMLP vs. VDEAMLP vs. KYN

Return for Risk

MUSA vs. AMLP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MUSA
MUSA Risk / Return Rank: 7878
Overall Rank
MUSA Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
MUSA Sortino Ratio Rank: 7474
Sortino Ratio Rank
MUSA Omega Ratio Rank: 7777
Omega Ratio Rank
MUSA Calmar Ratio Rank: 8181
Calmar Ratio Rank
MUSA Martin Ratio Rank: 7878
Martin Ratio Rank
AMLP
AMLP Risk / Return Rank: 3838
Overall Rank
AMLP Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
AMLP Sortino Ratio Rank: 3939
Sortino Ratio Rank
AMLP Omega Ratio Rank: 3737
Omega Ratio Rank
AMLP Calmar Ratio Rank: 3838
Calmar Ratio Rank
AMLP Martin Ratio Rank: 3939
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.

MUSA vs. AMLP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Murphy USA Inc. (MUSA) 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.

MUSAAMLPDifference
Sharpe ratioReturn per unit of total volatility
1.31
1.25

+0.05

Sortino ratioReturn per unit of downside risk
1.85
1.79

+0.06

Omega ratioGain probability vs. loss probability

1.26

1.22

+0.04

Calmar ratioReturn relative to maximum drawdown

2.59

1.66

+0.93

Martin ratioReturn relative to average drawdown

5.33

5.35

-0.02

MUSA vs. AMLP - Sharpe Ratio Comparison

The current MUSA Sharpe Ratio is 1.31, which is comparable to the AMLP Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of MUSA and AMLP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

MUSA vs. AMLP - Drawdown Comparison

The maximum MUSA drawdown since its inception was -35.54%, smaller than the maximum AMLP drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for MUSA and AMLP.

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Drawdown Indicators

MUSAAMLPDifference

Max Drawdown

Largest peak-to-trough decline

-35.54%

-77.19%

+41.65%

Max Drawdown (1Y)

Largest decline over 1 year

-19.72%

-8.94%

-10.78%

Max Drawdown (3Y)

Largest decline over 3 years

-35.54%

-14.27%

-21.27%

Max Drawdown (5Y)

Largest decline over 5 years

-35.54%

-20.92%

-14.62%

Max Drawdown (10Y)

Largest decline over 10 years

-35.54%

-72.62%

+37.08%

Current Drawdown

Current decline from peak

0.00%

-4.94%

+4.94%

Average Drawdown

Average peak-to-trough decline

-9.97%

-17.37%

+7.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.58%

2.77%

+6.81%

Volatility

MUSA vs. AMLP - Volatility Comparison

Murphy USA Inc. (MUSA) has a higher volatility of 12.62% compared to Alerian MLP ETF (AMLP) at 4.71%. This indicates that MUSA'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

MUSAAMLPDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.62%

4.71%

+7.91%

Volatility (6M)

Calculated over the trailing 6-month period

30.21%

8.77%

+21.44%

Volatility (1Y)

Calculated over the trailing 1-year period

39.13%

11.84%

+27.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.42%

19.95%

+10.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.33%

27.67%

+3.66%

Dividends

MUSA vs. AMLP - Dividend Comparison

MUSA's dividend yield for the trailing twelve months is around 0.39%, less than AMLP's 7.71% yield.

PositionTTM20252024202320222021202020192018201720162015
AMLP
Alerian MLP ETF		7.71%8.36%7.70%7.86%7.70%8.55%12.31%9.12%9.29%7.97%8.09%9.84%
MUSA
Murphy USA Inc.		0.39%0.53%0.36%0.43%0.45%0.52%0.19%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

MUSA and AMLP have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MUSA has higher volatility (12.62%) compared to AMLP (4.71%). In terms of maximum drawdown, MUSA dropped -35.54% vs AMLP's -77.19%.

MUSA currently has the higher Sharpe Ratio (1.31 vs 1.25), 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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