Alerian MLP Index ETN (AMJB) Performance
AMJB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +22.8% since Dec 31, 2025
- 1 year
- +27.2% total return
- Since first price
- +56.2% since 2024
AMJB trailing returns vs SPY, QQQ, AGG
| Period | AMJB total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.1% | −3.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.2% | −4.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.0% | +3.1% | +7.8% | +8.4% | −1.5% |
| YTD | +22.8% | +17.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +27.2% | +20.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionJan 26, 2024 | +56.2% | +32.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: AMJB vs SPY
From Jan 26, 2024: AMJB grew to $15,625, SPY to $16,102.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
AMJB returns by calendar year
1 of 1 full years positive. Best 2025 (+7.9%), worst 2025 (+7.9%). 2026 is year to date.
AMJB annual returns table
| Year | AMJB | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +22.8% | −11.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.9% | −17.0% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
AMJB largest drawdowns
Now 8.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 2, 2025 | −17.0% | Apr 8, 2025 | Jan 13, 2026 | 6 days | 9 months |
| Sep 9, 2026 | −11.3% | Sep 29, 2026 | not yet | 20 days | 44 days so far |
| May 19, 2026 | −10.5% | Jun 17, 2026 | Jul 29, 2026 | 29 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
AMJB risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +17.5% |
| Volatility (annualized) | 17.1% |
| Sharpe ratio | 0.78 |
| Sortino ratio | 1.39 |
| Best month | +14.1% |
| Worst month | −8.6% |
| Best 12 months | +30.4% |
| Worst 12 months | +2.9% |
| Positive months | 59% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
AMJB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 22 | +2.9% | +14.2% | +30.4% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
AMJB performance overview
Alerian MLP Index ETN (AMJB) returned +27.2% over the past year, with distributions reinvested. Since its first recorded price on Jan 26, 2024 it has returned +56.2%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −17.0%, from Apr 2, 2025 to Apr 8, 2025, and it took 9 months to get back to the old high. Volatility has been 17.1% a year.
Related: AMJB chart, AMJB dividends. See the AMJB overview for the latest quote and fund facts.
AMJB performance FAQ
What is the AMJB return over the past year?
AMJB returned +27.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 20.0%.
How much would $10,000 invested in AMJB be worth?
$10,000 invested in AMJB at its first recorded close on January 26, 2024 would be worth about $15,625 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of AMJB?
The largest peak-to-trough decline was −17.0% between April 2, 2025 and April 8, 2025. It recovered to the old high on January 13, 2026, 9 months after the bottom.
How volatile is AMJB?
Over the past history AMJB had an annualized volatility of 17.1% and a Sharpe ratio of 0.78 (excess return over 1–3 month T-bills per unit of risk).