SBET vs. AMLP
SBET (Sharplink, Inc.) is a stock, while AMLP (Alerian MLP ETF) is MLPs fund tracking the Alerian MLP Infrastructure Index. Over the past year, SBET returned -84.64% vs 20.19% for AMLP. At a 0.00 correlation, their price movements are largely independent.
Performance
SBET vs. AMLP - Performance Comparison
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Returns By Period
In the year-to-date period, SBET achieves a -35.79% return, which is significantly lower than AMLP's 19.32% return.
SBET
- 1D
- -5.59%
- 1M
- 2.87%
- 6M
- -45.02%
- YTD
- -35.79%
- 1Y
- -84.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMLP
- 1D
- 1.41%
- 1M
- 5.83%
- 6M
- 14.27%
- YTD
- 19.32%
- 1Y
- 20.19%
- 3Y*
- 19.61%
- 5Y*
- 19.03%
- 10Y*
- 6.80%
SBET vs. AMLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SBET Sharplink, Inc. | -35.79% | 15.65% | -45.41% |
AMLP Alerian MLP ETF | 19.32% | 5.78% | 16.69% |
Correlation
The correlation between SBET and AMLP is -0.00, 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 | -0.00 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2024 | 0.00 |
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Return for Risk
SBET vs. AMLP — Risk / Return Rank
SBET
AMLP
SBET vs. AMLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sharplink, Inc. (SBET) 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.
| SBET | AMLP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.60 | ||
| Sortino ratioReturn per unit of downside risk | -4.53 | ||
| Omega ratioGain probability vs. loss probability | 0.76 | 1.28 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.97 | 2.27 | -3.24 |
| Martin ratioReturn relative to average drawdown | -1.19 | 6.33 | -7.52 |
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Drawdowns
SBET vs. AMLP - Drawdown Comparison
The maximum SBET drawdown since its inception was -94.24%, which is greater than AMLP's maximum drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for SBET and AMLP.
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Drawdown Indicators
| SBET | AMLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.24% | -77.19% | -17.05% |
Max Drawdown (1Y)Largest decline over 1 year | -87.47% | -8.94% | -78.53% |
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 DrawdownCurrent decline from peak | -92.75% | -1.62% | -91.13% |
Average DrawdownAverage peak-to-trough decline | -66.91% | -17.31% | -49.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 71.80% | 3.20% | +68.60% |
Volatility
SBET vs. AMLP - Volatility Comparison
Sharplink, Inc. (SBET) has a higher volatility of 21.01% compared to Alerian MLP ETF (AMLP) at 5.08%. This indicates that SBET'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
| SBET | AMLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.01% | 5.08% | +15.93% |
Volatility (6M)Calculated over the trailing 6-month period | 56.45% | 9.66% | +46.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 90.85% | 12.59% | +78.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 333.41% | 19.68% | +313.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 333.41% | 27.64% | +305.77% |
Dividends
SBET vs. AMLP - Dividend Comparison
SBET has not paid dividends to shareholders, while AMLP's dividend yield for the trailing twelve months is around 7.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMLP Alerian MLP ETF | 7.45% | 8.36% | 7.70% | 7.86% | 7.70% | 8.55% | 12.31% | 9.12% | 9.29% | 7.97% | 8.09% | 9.84% |
SBET Sharplink, Inc. | 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
SBET and AMLP have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBET has higher volatility (21.01%) compared to AMLP (5.08%). In terms of maximum drawdown, SBET dropped -94.24% vs AMLP's -77.19%.
AMLP currently has the higher Sharpe Ratio (1.61 vs -0.99), 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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