TSCM vs. AMJB

Last updated Jun 24, 2026

TSCM (TimesSquare Quality Mid Cap Growth ETF) and AMJB (Alerian MLP Index ETN) are both exchange-traded funds - TSCM is a Mid Cap Growth Equities fund actively managed by TimesSquare Capital Management, while AMJB is a Energy Equities fund tracking the Alerian MLP Index. TSCM is actively managed, while AMJB is passively managed. At a correlation of -0.07, they often move in opposite directions. TSCM charges 0.55%/yr vs 0.85%/yr for AMJB.

Performance

TSCM vs. AMJB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TimesSquare Quality Mid Cap Growth ETF (TSCM) and Alerian MLP Index ETN (AMJB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSCM achieves a 2.68% return, which is significantly lower than AMJB's 14.98% return.

TSCM

• 1D: -1.29%
• 1M: 3.17%
• YTD: 2.68%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMJB

• 1D: 2.73%
• 1M: -7.15%
• YTD: 14.98%
• 6M: 14.48%
• 1Y: 13.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSCM vs. AMJB - Yearly Performance Comparison

	2026 (YTD)	2025
TSCM TimesSquare Quality Mid Cap Growth ETF	2.68%	-1.32%
AMJB Alerian MLP Index ETN	14.98%	0.44%

Correlation

The correlation between TSCM and AMJB is -0.07, 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 (All Time) Calculated using the full available price history since Dec 30, 2025	-0.07

Return for Risk

TSCM vs. AMJB — Risk / Return Rank

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

TSCM

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

AMJB

AMJB Risk / Return Rank: 25
AMJB Sharpe Ratio Rank: 25
AMJB Sortino Ratio Rank: 25
AMJB Omega Ratio Rank: 23
AMJB Calmar Ratio Rank: 25
AMJB Martin Ratio Rank: 27

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.

TSCM vs. AMJB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TimesSquare Quality Mid Cap Growth ETF (TSCM) and Alerian MLP Index ETN (AMJB). 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.

	TSCM	AMJB	Difference
Sharpe ratio: Return per unit of total volatility	—	0.85	—
Sortino ratio: Return per unit of downside risk	—	1.30	—
Omega ratio: Gain probability vs. loss probability	—	1.15	—
Calmar ratio: Return relative to maximum drawdown	—	1.14	—
Martin ratio: Return relative to average drawdown	—	3.57	—

Drawdowns

TSCM vs. AMJB - Drawdown Comparison

The maximum TSCM drawdown since its inception was -14.87%, smaller than the maximum AMJB drawdown of -17.70%. Use the drawdown chart below to compare losses from any high point for TSCM and AMJB.

Drawdown Indicators

	TSCM	AMJB	Difference
Max Drawdown Largest peak-to-trough decline	-14.87%	-17.70%	+2.83%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.80%	—
Current Drawdown Current decline from peak	-1.52%	-8.22%	+6.70%
Average Drawdown Average peak-to-trough decline	-5.79%	-5.03%	-0.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.77%	—

Volatility

Volatility by Period

	TSCM	AMJB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.58%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.15%	15.88%	+5.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.15%	18.32%	+2.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.15%	18.32%	+2.83%

TSCM vs. AMJB - Expense Ratio Comparison

TSCM has a 0.55% expense ratio, which is lower than AMJB's 0.85% expense ratio.

Dividends

TSCM vs. AMJB - Dividend Comparison

Neither TSCM nor AMJB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TSCM and AMJB in my portfolio?

TSCM and AMJB have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSCM or AMJB?

On fees, TSCM is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSCM or AMJB?

TSCM is cheaper with a 0.55% expense ratio, compared with 0.85% for AMJB.

Which ETF pays a higher dividend yield, TSCM or AMJB?

TSCM and AMJB have nearly identical dividend yields, around 0.00%.

What is the main difference between TSCM and AMJB?

TSCM is categorized as Mid Cap Growth Equities, while AMJB is Energy Equities. They also come from different issuers: TimesSquare Capital Management and JPMorgan. Their fees differ too: 0.55% for TSCM and 0.85% for AMJB.