NDIV vs. MLPR
Compare and contrast key facts about Amplify Natural Resources Dividend Income ETF (NDIV) and ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR).
NDIV and MLPR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NDIV is a passively managed fund by Amplify Investments that tracks the performance of the EQM Natural Resources Dividend Income Index. It was launched on Aug 24, 2022. 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. Both NDIV and MLPR 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: NDIV or MLPR.
Correlation
The correlation between NDIV and MLPR is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NDIV vs. MLPR - Performance Comparison
Key characteristics
NDIV:
1.17
MLPR:
1.75
NDIV:
1.57
MLPR:
2.36
NDIV:
1.20
MLPR:
1.29
NDIV:
1.67
MLPR:
3.12
NDIV:
5.25
MLPR:
8.85
NDIV:
3.14%
MLPR:
4.77%
NDIV:
14.16%
MLPR:
24.13%
NDIV:
-16.41%
MLPR:
-48.98%
NDIV:
-1.85%
MLPR:
0.00%
Returns By Period
In the year-to-date period, NDIV achieves a 7.75% return, which is significantly lower than MLPR's 18.86% return.
NDIV
7.75%
-1.85%
6.80%
15.84%
N/A
N/A
MLPR
18.86%
3.18%
28.88%
39.27%
N/A
N/A
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NDIV vs. MLPR - Expense Ratio Comparison
NDIV has a 0.59% expense ratio, which is lower than MLPR's 0.95% expense ratio.
Risk-Adjusted Performance
NDIV vs. MLPR — Risk-Adjusted Performance Rank
NDIV
MLPR
NDIV vs. MLPR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Natural Resources Dividend Income ETF (NDIV) and ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR). 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.
Dividends
NDIV vs. MLPR - Dividend Comparison
NDIV's dividend yield for the trailing twelve months is around 5.48%, less than MLPR's 8.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
NDIV Amplify Natural Resources Dividend Income ETF | 5.48% | 5.88% | 7.37% | 1.70% | 0.00% | 0.00% |
MLPR ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN | 8.47% | 9.57% | 10.08% | 10.07% | 10.69% | 4.21% |
Drawdowns
NDIV vs. MLPR - Drawdown Comparison
The maximum NDIV drawdown since its inception was -16.41%, smaller than the maximum MLPR drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for NDIV and MLPR. For additional features, visit the drawdowns tool.
Volatility
NDIV vs. MLPR - Volatility Comparison
The current volatility for Amplify Natural Resources Dividend Income ETF (NDIV) is 4.71%, while ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) has a volatility of 8.46%. This indicates that NDIV experiences smaller price fluctuations and is considered to be less risky than MLPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.