OCFT vs. AMLP

Last updated Jun 4, 2026

OCFT (OneConnect Financial Technology Co., Ltd.) is a stock, while AMLP (Alerian MLP ETF) is MLPs fund tracking the Alerian MLP Infrastructure Index. At a 0.11 correlation, their price movements are largely independent.

Performance

OCFT vs. AMLP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OneConnect Financial Technology Co., Ltd. (OCFT) and Alerian MLP ETF (AMLP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

OCFT

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMLP

• 1D: -0.27%
• 1M: -0.57%
• YTD: 16.31%
• 6M: 14.89%
• 1Y: 17.06%
• 3Y*: 20.15%
• 5Y*: 16.90%
• 10Y*: 6.76%

*Multi-year figures are annualized to reflect compound growth (CAGR)

OCFT vs. AMLP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
OCFT OneConnect Financial Technology Co., Ltd.	0.00%	224.69%	-24.77%	-39.17%	-78.50%	-87.47%	96.51%	0.30%
AMLP Alerian MLP ETF	16.31%	5.78%	22.76%	21.40%	25.47%	39.09%	-32.26%	4.55%

Correlation

The correlation between OCFT and AMLP is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (All Time) Calculated using the full available price history since Dec 16, 2019	0.11

Return for Risk

OCFT vs. AMLP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMLP

AMLP Risk / Return Rank: 39
AMLP Sharpe Ratio Rank: 40
AMLP Sortino Ratio Rank: 39
AMLP Omega Ratio Rank: 37
AMLP Calmar Ratio Rank: 38
AMLP Martin Ratio Rank: 39

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.

OCFT vs. AMLP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OneConnect Financial Technology Co., Ltd. (OCFT) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	OCFT	AMLP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.45	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.85	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.22	—

Drawdowns

Drawdown Indicators

	OCFT	AMLP	Difference
Max Drawdown Largest peak-to-trough decline	—	-77.19%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.94%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.27%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.92%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-72.62%	—
Current Drawdown Current decline from peak	—	-4.10%	—
Average Drawdown Average peak-to-trough decline	—	-17.40%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.68%	—

Volatility

Volatility by Period

	OCFT	AMLP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.91%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	11.90%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	19.98%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	27.68%	—

Dividends

OCFT vs. AMLP - Dividend Comparison

OCFT has not paid dividends to shareholders, while AMLP's dividend yield for the trailing twelve months is around 7.64%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMLP Alerian MLP ETF	7.64%	8.36%	7.70%	7.86%	7.70%	8.55%	12.31%	9.12%	9.29%	7.97%	8.09%	9.84%
OCFT OneConnect Financial Technology Co., Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OCFT and AMLP in my portfolio?

OCFT and AMLP have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.