VPC vs. AMZA
VPC (Virtus Private Credit ETF) and AMZA (InfraCap MLP ETF) are both exchange-traded funds - VPC is a Nontraditional Bonds fund tracking the Indxx Private Credit Index, while AMZA is a MLPs fund actively managed by Virtus. VPC is passively managed, while AMZA is actively managed. Over the past 5 years, VPC returned 1.24%/yr vs 23.70%/yr for AMZA. Their 0.45 correlation means their historical movements had little consistent relationship. VPC charges 0.75%/yr vs 2.01%/yr for AMZA.
Performance
VPC vs. AMZA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VPC achieves a -9.85% return, which is significantly lower than AMZA's 28.81% return.
VPC
- 1D
- 1.90%
- 1M
- 0.33%
- 6M
- -7.94%
- YTD
- -9.85%
- 1Y
- -14.71%
- 3Y*
- -0.64%
- 5Y*
- 1.24%
- 10Y*
- —
- ALL TIME*
- 3.88%
AMZA
- 1D
- -1.27%
- 1M
- 4.60%
- 6M
- 21.13%
- YTD
- 28.81%
- 1Y
- 21.69%
- 3Y*
- 23.01%
- 5Y*
- 23.70%
- 10Y*
- 4.86%
- ALL TIME*
- -0.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AMZA InfraCap MLP ETF | $1.64M | $1.75M | $1.78M |
| $172.51K | $168.73K | $168.71K |
VPC vs. AMZA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VPC Virtus Private Credit ETF | -9.85% | -6.75% | 10.52% | 22.20% | -11.70% | 34.18% | -9.50% | 9.25% |
AMZA InfraCap MLP ETF | 28.81% | 0.17% | 30.90% | 23.35% | 33.20% | 51.22% | -49.25% | -8.48% |
Correlation
The correlation between VPC and AMZA is 0.10, 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. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.31 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.42 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2019 | 0.45 |
Over the past year, the correlation between VPC and AMZA has dropped to 0.10 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VPC vs. AMZA — Risk / Return Rank
VPC
AMZA
VPC vs. AMZA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Private Credit ETF (VPC) and InfraCap MLP ETF (AMZA). 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.
| VPC | AMZA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.26 | ||
| Sortino ratioReturn per unit of downside risk | -3.19 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.21 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | 1.84 | -2.53 |
| Martin ratioReturn relative to average drawdown | -1.17 | 4.50 | -5.67 |
Loading charts...
Drawdowns
VPC vs. AMZA - Drawdown Comparison
The maximum VPC drawdown since its inception was -53.45%, smaller than the maximum AMZA drawdown of -91.46%. Use the drawdown chart below to compare losses from any high point for VPC and AMZA.
Loading charts...
Drawdown Indicators
| VPC | AMZA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.45% | -91.46% | +38.01% |
Max Drawdown (1Y)Largest decline over 1 year | -21.55% | -11.84% | -9.71% |
Max Drawdown (3Y)Largest decline over 3 years | -24.86% | -18.56% | -6.30% |
Max Drawdown (5Y)Largest decline over 5 years | -24.86% | -25.15% | +0.29% |
Max Drawdown (10Y)Largest decline over 10 years | — | -86.84% | — |
Current DrawdownCurrent decline from peak | -20.16% | -5.35% | -14.81% |
Average DrawdownAverage peak-to-trough decline | -7.96% | -44.50% | +36.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.55% | 4.84% | +7.71% |
Volatility
VPC vs. AMZA - Volatility Comparison
The current volatility for Virtus Private Credit ETF (VPC) is 3.95%, while InfraCap MLP ETF (AMZA) has a volatility of 5.64%. This indicates that VPC experiences smaller price fluctuations and is considered to be less risky than AMZA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VPC | AMZA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 5.64% | -1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 11.15% | 14.16% | -3.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.88% | 18.24% | -4.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.61% | 25.26% | -11.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.43% | 37.14% | -16.71% |
VPC vs. AMZA - Expense Ratio Comparison
VPC has a 0.75% expense ratio, which is lower than AMZA's 2.01% expense ratio.
Dividends
VPC vs. AMZA - Dividend Comparison
VPC's dividend yield for the trailing twelve months is around 16.16%, more than AMZA's 7.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZA InfraCap MLP ETF | 7.93% | 8.81% | 7.29% | 9.40% | 7.65% | 10.24% | 22.13% | 19.47% | 34.46% | 24.16% | 18.36% | 18.21% |
VPC Virtus Private Credit ETF | 16.16% | 14.33% | 11.26% | 11.71% | 10.74% | 6.31% | 10.06% | 8.19% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VPC and AMZA have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMZA has higher volatility (5.64%) compared to VPC (3.95%). In terms of maximum drawdown, VPC dropped -53.45% vs AMZA's -91.46%.
On 5-year performance, AMZA leads with 23.70% vs 1.24% for VPC. On fees, VPC is cheaper at 0.75% per year. On volatility, VPC has been the lower-risk option at 3.95%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, AMZA has performed better with a 23.70% return vs 1.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VPC is cheaper with a 0.75% expense ratio, compared with 2.01% for AMZA.
VPC has the higher dividend yield at 16.16%, compared with 7.93% for AMZA.
VPC is categorized as Nontraditional Bonds, while AMZA is MLPs. Their fees differ too: 0.75% for VPC and 2.01% for AMZA.
AMZA currently has the higher Sharpe Ratio (1.20 vs -1.07), 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.
Find the right allocation for VPC and AMZA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer