V vs. AMLP

Last updated Jun 13, 2026

V (Visa Inc.) is a stock, while AMLP (Alerian MLP ETF) is MLPs fund tracking the Alerian MLP Infrastructure Index. Over the past 10 years, V returned 15.98%/yr vs 6.92%/yr for AMLP. At a 0.29 correlation, their price movements are largely independent.

Performance

V vs. AMLP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Visa Inc. (V) and Alerian MLP ETF (AMLP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, V achieves a -7.69% return, which is significantly lower than AMLP's 15.29% return. Over the past 10 years, V has outperformed AMLP with an annualized return of 15.98%, while AMLP has yielded a comparatively lower 6.92% annualized return.

V

• 1D: 1.05%
• 1M: 0.65%
• YTD: -7.69%
• 6M: -6.93%
• 1Y: -12.51%
• 3Y*: 13.87%
• 5Y*: 7.33%
• 10Y*: 15.98%

AMLP

• 1D: -0.34%
• 1M: -1.96%
• YTD: 15.29%
• 6M: 14.35%
• 1Y: 14.76%
• 3Y*: 20.22%
• 5Y*: 15.26%
• 10Y*: 6.92%

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

V vs. AMLP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
V Visa Inc.	-7.69%	11.76%	22.32%	26.31%	-3.40%	-0.31%	17.12%	43.33%	16.49%	47.18%
AMLP Alerian MLP ETF	15.29%	5.78%	22.76%	21.40%	25.47%	39.09%	-32.26%	5.99%	-12.67%	-7.89%

Correlation

The correlation between V and AMLP is 0.03, 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	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.29
Correlation (All Time) Calculated using the full available price history since Aug 25, 2010	0.29

Over the past year, the correlation between V and AMLP has dropped to 0.03 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.

Return for Risk

V vs. AMLP — Risk / Return Rank

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

V

V Risk / Return Rank: 15
V Sharpe Ratio Rank: 18
V Sortino Ratio Rank: 17
V Omega Ratio Rank: 18
V Calmar Ratio Rank: 15
V Martin Ratio Rank: 5

AMLP

AMLP Risk / Return Rank: 38
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.

V vs. AMLP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Visa Inc. (V) 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.

	V	AMLP	Difference
Sharpe ratio: Return per unit of total volatility	-0.56	1.25	-1.82
Sortino ratio: Return per unit of downside risk	-0.68	1.79	-2.48
Omega ratio: Gain probability vs. loss probability	0.92	1.22	-0.30
Calmar ratio: Return relative to maximum drawdown	-0.73	1.66	-2.39
Martin ratio: Return relative to average drawdown	-1.57	5.35	-6.92

V vs. AMLP - Sharpe Ratio Comparison

The current V Sharpe Ratio is -0.56, which is lower than the AMLP Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of V and AMLP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

V vs. AMLP - Drawdown Comparison

The maximum V drawdown since its inception was -51.90%, smaller than the maximum AMLP drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for V and AMLP.

Drawdown Indicators

	V	AMLP	Difference
Max Drawdown Largest peak-to-trough decline	-51.90%	-77.19%	+25.29%
Max Drawdown (1Y) Largest decline over 1 year	-17.18%	-8.94%	-8.24%
Max Drawdown (3Y) Largest decline over 3 years	-20.38%	-14.27%	-6.11%
Max Drawdown (5Y) Largest decline over 5 years	-28.60%	-20.92%	-7.68%
Max Drawdown (10Y) Largest decline over 10 years	-36.36%	-72.62%	+36.26%
Current Drawdown Current decline from peak	-12.96%	-4.94%	-8.02%
Average Drawdown Average peak-to-trough decline	-8.26%	-17.37%	+9.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.73%	2.77%	+7.96%

Volatility

V vs. AMLP - Volatility Comparison

Visa Inc. (V) has a higher volatility of 5.57% compared to Alerian MLP ETF (AMLP) at 4.71%. This indicates that V'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.

Volatility by Period

	V	AMLP	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.57%	4.71%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	17.57%	8.77%	+8.80%
Volatility (1Y) Calculated over the trailing 1-year period	22.35%	11.84%	+10.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.82%	19.95%	+2.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.45%	27.67%	-3.22%

Dividends

V vs. AMLP - Dividend Comparison

V's dividend yield for the trailing twelve months is around 0.81%, less than AMLP's 7.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMLP Alerian MLP ETF	7.71%	8.36%	7.70%	7.86%	7.70%	8.55%	12.31%	9.12%	9.29%	7.97%	8.09%	9.84%
V Visa Inc.	0.81%	0.70%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%

Frequently Asked Questions

Can I hold both V and AMLP in my portfolio?

V and AMLP have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, V or AMLP?

V has higher volatility (5.57%) compared to AMLP (4.71%). In terms of maximum drawdown, V dropped -51.90% vs AMLP's -77.19%.

Which has better risk-adjusted returns?

AMLP currently has the higher Sharpe Ratio (1.25 vs -0.56), 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.