THQ vs. AMLP
Compare and contrast key facts about Abrdn Healthcare Opportunities Fund (THQ) and Alerian MLP ETF (AMLP).
THQ is managed by abrdn. It was launched on Jul 29, 2014. AMLP is a passively managed fund by SS&C that tracks the performance of the Alerian MLP Infrastructure Index. It was launched on Aug 23, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: THQ or AMLP.
Correlation
The correlation between THQ and AMLP is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
THQ vs. AMLP - Performance Comparison
Key characteristics
THQ:
0.50
AMLP:
0.73
THQ:
0.77
AMLP:
1.06
THQ:
1.11
AMLP:
1.14
THQ:
0.58
AMLP:
0.93
THQ:
1.53
AMLP:
3.69
THQ:
6.45%
AMLP:
3.59%
THQ:
19.84%
AMLP:
18.26%
THQ:
-39.34%
AMLP:
-77.19%
THQ:
-9.97%
AMLP:
-5.90%
Returns By Period
The year-to-date returns for both stocks are quite close, with THQ having a 4.89% return and AMLP slightly lower at 4.67%. Over the past 10 years, THQ has outperformed AMLP with an annualized return of 7.27%, while AMLP has yielded a comparatively lower 3.11% annualized return.
THQ
4.89%
-4.81%
-5.96%
10.55%
9.05%
7.27%
AMLP
4.67%
-5.25%
9.78%
13.06%
27.03%
3.11%
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THQ vs. AMLP - Expense Ratio Comparison
THQ has a 1.47% expense ratio, which is higher than AMLP's 0.90% expense ratio.
Risk-Adjusted Performance
THQ vs. AMLP — Risk-Adjusted Performance Rank
THQ
AMLP
THQ vs. AMLP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Abrdn Healthcare Opportunities Fund (THQ) 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.
Dividends
THQ vs. AMLP - Dividend Comparison
THQ's dividend yield for the trailing twelve months is around 11.31%, more than AMLP's 7.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THQ Abrdn Healthcare Opportunities Fund | 11.31% | 11.09% | 7.45% | 6.81% | 5.27% | 6.62% | 7.08% | 8.05% | 7.71% | 8.70% | 9.50% | 2.24% |
AMLP Alerian MLP ETF | 7.68% | 7.70% | 7.86% | 7.70% | 8.55% | 12.31% | 9.12% | 9.29% | 7.97% | 8.09% | 9.84% | 6.45% |
Drawdowns
THQ vs. AMLP - Drawdown Comparison
The maximum THQ drawdown since its inception was -39.34%, smaller than the maximum AMLP drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for THQ and AMLP. For additional features, visit the drawdowns tool.
Volatility
THQ vs. AMLP - Volatility Comparison
Abrdn Healthcare Opportunities Fund (THQ) has a higher volatility of 12.37% compared to Alerian MLP ETF (AMLP) at 11.68%. This indicates that THQ'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.