UNM vs. AMLP
UNM (Unum Group) is a stock, while AMLP (Alerian MLP ETF) is MLPs fund tracking the Alerian MLP Infrastructure Index. Over the past 10 years, UNM returned 13.70%/yr vs 6.91%/yr for AMLP. Their 0.40 correlation means their historical movements had little consistent relationship.
Performance
UNM vs. AMLP - Performance Comparison
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Returns By Period
In the year-to-date period, UNM achieves a 17.01% return, which is significantly lower than AMLP's 20.23% return. Over the past 10 years, UNM has outperformed AMLP with an annualized return of 13.70%, while AMLP has yielded a comparatively lower 6.91% annualized return.
UNM
- 1D
- -2.53%
- 1M
- 0.10%
- 6M
- 17.11%
- YTD
- 17.01%
- 1Y
- 30.31%
- 3Y*
- 24.14%
- 5Y*
- 31.22%
- 10Y*
- 13.70%
- ALL TIME*
- 8.91%
AMLP
- 1D
- -1.16%
- 1M
- 4.70%
- 6M
- 11.68%
- YTD
- 20.23%
- 1Y
- 19.62%
- 3Y*
- 19.15%
- 5Y*
- 20.05%
- 10Y*
- 6.91%
- ALL TIME*
- 5.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AMLP Alerian MLP ETF | $73.87M | $62.93M | $74.06M |
UNM Unum Group | $169.55M | $136.33M | $126.80M |
UNM vs. AMLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UNM Unum Group | 17.01% | 8.56% | 66.31% | 13.72% | 73.56% | 11.87% | -16.22% | 2.63% | -45.22% | 27.19% |
AMLP Alerian MLP ETF | 20.23% | 5.78% | 22.76% | 21.40% | 25.47% | 39.09% | -32.26% | 5.99% | -12.67% | -7.89% |
Correlation
The correlation between UNM and AMLP is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.06 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.38 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.42 |
Correlation (All Time) Calculated using the full available price history since Aug 25, 2010 | 0.40 |
Over the past year, the correlation between UNM and AMLP has dropped to 0.06 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.
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Return for Risk
UNM vs. AMLP — Risk / Return Rank
UNM
AMLP
UNM vs. AMLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Unum Group (UNM) 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.
| UNM | AMLP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.27 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 2.39 | +0.25 |
| Martin ratioReturn relative to average drawdown | 6.59 | 6.69 | -0.10 |
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Drawdowns
UNM vs. AMLP - Drawdown Comparison
The maximum UNM drawdown since its inception was -89.38%, which is greater than AMLP's maximum drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for UNM and AMLP.
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Drawdown Indicators
| UNM | AMLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.38% | -77.19% | -12.19% |
Max Drawdown (1Y)Largest decline over 1 year | -11.55% | -8.25% | -3.30% |
Max Drawdown (3Y)Largest decline over 3 years | -17.94% | -14.27% | -3.67% |
Max Drawdown (5Y)Largest decline over 5 years | -20.95% | -20.92% | -0.03% |
Max Drawdown (10Y)Largest decline over 10 years | -81.06% | -72.62% | -8.44% |
Current DrawdownCurrent decline from peak | -3.37% | -1.74% | -1.63% |
Average DrawdownAverage peak-to-trough decline | -32.56% | -17.25% | -15.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.61% | 2.94% | +1.67% |
Volatility
UNM vs. AMLP - Volatility Comparison
Unum Group (UNM) has a higher volatility of 9.51% compared to Alerian MLP ETF (AMLP) at 3.90%. This indicates that UNM'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
| UNM | AMLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.51% | 3.90% | +5.61% |
Volatility (6M)Calculated over the trailing 6-month period | 17.38% | 9.73% | +7.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.81% | 12.53% | +10.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.62% | 19.34% | +10.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.47% | 27.65% | +9.82% |
Dividends
UNM vs. AMLP - Dividend Comparison
UNM's dividend yield for the trailing twelve months is around 2.12%, less than AMLP's 7.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMLP Alerian MLP ETF | 7.40% | 8.36% | 7.70% | 7.86% | 7.70% | 8.55% | 12.31% | 9.12% | 9.29% | 7.97% | 8.09% | 9.84% |
UNM Unum Group | 2.12% | 2.27% | 2.15% | 3.07% | 3.07% | 4.76% | 4.97% | 3.74% | 3.34% | 1.57% | 1.75% | 2.10% |
Frequently Asked Questions
UNM and AMLP have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UNM has higher volatility (9.51%) compared to AMLP (3.90%). In terms of maximum drawdown, UNM dropped -89.38% vs AMLP's -77.19%.
AMLP currently has the higher Sharpe Ratio (1.58 vs 1.33), 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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