AMLP
Alerian MLP ETF

Price: $47.18
Change: $0.21 (-0.0%)
Category: MLPs
Last Updated:

Vitals

Issuer SS&C
Brand Alerian
Structure ETF
Expense Ratio 0.85%
ETF Home Page Home page
Inception Aug 23, 2010

Analyst Report

AMLP seeks to replicate a benchmark that offers exposure to MLPs that each earn at least 50% of EBITDA from assets that are not directly exposed to changes in commodity prices. MLPs have attracted significant interest for two primary reasons: (1) required quarterly distributions provide a steady stream of current income, and (2) because they are partnerships, MLPs avoid corporate income taxes at both the federal and state level; the tax liability is passed through to the individual partners. By generating at least 90% of income from natural resource-based activities such as transportation and storage, an entity can qualify as an MLP and not be taxed as a corporation. So the IRS treats shareholders of an MLP as partners, making the MLP itself a pass-through entity. That means that taxes are avoided at the corporate level, and investors avoid the double taxation of income. AMLP holds all of its assets in domestic equities, offering a pure play on the U.S. MLP sector. Investors looking for steady and strong yields should give this particular product a closer look.

ETF Database Themes

Category MLPs
Asset Class Equity
Asset Class Size Multi-Cap
Asset Class Style Blend
Sector (General) Energy
Sector (Specific) MLP
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Equity: U.S. MLPs
Category Sector
Focus Energy
Niche MLPs
Strategy Dividends
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $36.90
  • 52 Week Hi $48.44
  • AUM $8,817.8 M
  • Shares 186.1 M

Historical Trading Data

  • 1 Month Avg. Volume 1,298,783
  • 3 Month Avg. Volume 1,402,097

Alternative ETFs in the ETF Database MLPs Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest ENFR 0.35% $186.3 M 32,514 29.89%
Largest (AUM) EMLP 0.96% $2.8 B 162,177 26.02%
Most Liquid (Volume) MLPX 0.45% $1.9 B 257,563 28.69%
Top YTD Performer ENFR 0.35% $186.3 M 32,514 29.89%

Alternative ETFs in the FactSet Equity: U.S. MLPs Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest ENFR 0.35% $186.3 M 32,514 29.89%
Largest (AUM) MLPX 0.45% $1.9 B 257,563 28.69%
Most Liquid (Volume) MLPX 0.45% $1.9 B 257,563 28.69%
Top YTD Performer ENFR 0.35% $186.3 M 32,514 29.89%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

AMLP ETF Database Category Average FactSet Segment Average
Number of Holdings 16 22 17
% of Assets in Top 10 95.74% 53.19% 55.65%
% of Assets in Top 15 104.42% 64.72% 65.98%
% of Assets in Top 50 99.98% 73.23% 72.79%

Size Comparison

AMLP ETF Database Category Average FactSet Segment Average
Large (>12.9B) 54.23% 39.30% 27.41%
Mid (>2.7B) 38.63% 15.65% 12.11%
Small (>600M) 11.81% 2.83% 2.40%
Micro (<600M) 0.00% 0.00% 0.00%

AMLP Valuation

This section compares the P/E ratio of this ETF to its peers.

AMLP
P/E Ratio
0.09
ETF Database Category Average
P/E Ratio
1.38
FactSet Segment Average
P/E Ratio
1.83

AMLP Dividend

This section compares the dividend yield of this ETF to its peers.

AMLP ETF Database Category Average FactSet Segment Average
Dividend $ 0.94 $ 0.30 $ 0.36
Dividend Date 2024-08-08 N/A N/A
Annual Dividend Rate $ 3.64 $ 1.24 $ 1.11
Annual Dividend Yield 7.79% 3.02% 2.73%

AMLP Price and Volume Charts

View charts featuring AMLP price and volume data.

AMLP Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 1.35 M 1 Month Net Flows: 83.11 M 3 Month Net Flows: 161.3 M 6 Month Net Flows: 429.44 M 1 Year Net Flows: 830.1 M 3 Year Net Flows: 1.53 B 5 Year Net Flows: 797.02 M 10 Year Net Flows: 5.7 B

AMLP Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: -4.4 M
1 Month Net AUM Change: 230.46 M
3 Month Net AUM Change: 244.47 M
6 Month Net AUM Change: 429.96 M
1 Year Net AUM Change: 1.69 B
3 Year Net AUM Change: 3.95 B
5 Year Net AUM Change: 415.94 M
10 Year Net AUM Change: -614.9 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for AMLP on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the MLPs with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A+ AMLP
Expenses B- MLPX
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

AMLP Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

AMLP
Expense Ratio
0.85%
ETF Database Category Average
Expense Ratio
0.81%
FactSet Segment Average
Expense Ratio
0.66%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Return of Capital
Distributes K1 No
ESG Themes and Scores
5.42/10
ESG Score
27.56%
Global Percentile
11.64%
Peer Percentile
    • Revenue Exposure to Environmental Impact (%)
      Higher is better, no ESG score impact
    • Severe Environment Controversies (%)
      Lower improves ESG score
    • Sustainable Impact Solutions (%)
      0.11%
      Higher is better, no ESG score impact
    • Weighted Average Carbon Intensity (Tons of CO2e / $M Sales)
      415.25
      Higher is worse, no ESG score impact
    • Fossil Fuel Reserves (%)
      Higher is worse, no ESG score impact
    • High Impact Fossil Fuel Reserves (%)
      Higher is worse, no ESG score impact
    • Water Stress High Risk Business Segment (%)
      Lower improves ESG score
    • Water Stress High Risk Geography (%)
      Lower improves ESG score
    • Water Stress Exposure Moderate (%)
      Lower improves ESG score
    • Water Stress Exposure High (%)
      Lower improves ESG score
    • Water Stress Exposure Low (%)
      Higher improves ESG score
    • Revenue Exposure to Energy Efficiency (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Alternative Energy (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Green Building (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Pollution Prevention (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Water Sustainability (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Social Impact (%)
      Higher is better, no ESG score impact
    • Sustainable Impact Solutions (%)
      0.11%
      Higher is better, no ESG score impact
    • SRI Exclusion Criteria (%)
      0.0%
      Higher is worse, no ESG score impact
    • Revenue Exposure to Affordable Real Estate (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Education (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Major Disease Treatment (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Nutrition (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Sanitation (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to SME Finance (%)
      Higher is better, no ESG score impact
    • Human Rights Norms Violation (%)
      Higher is worse, no ESG score impact
    • Human Rights Norms Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Severe Human Rights Controversies (%)
      Lower improves ESG score
    • Labor Norms Violation (%)
      Higher is worse, no ESG score impact
    • Labor Norms Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Severe Labor Controversies (%)
      Lower improves ESG score
    • Severe Customer Controversies (%)
      Lower improves ESG score
    • Global Compact Compliance Violation (%)
      Higher is worse, no ESG score impact
    • Global Compact Compliance Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Catholic Values Fail (%)
      Higher is worse, no ESG score impact
    • Islamic Non-Compliant (%)
      Higher is worse, no ESG score impact
    • Adult Entertainment Involvement (%)
      Higher is worse, no ESG score impact
    • Alcohol Involvement (%)
      Higher is worse, no ESG score impact
    • Gambling Involvement (%)
      Higher is worse, no ESG score impact
    • Nuclear Power Involvement (%)
      Higher is worse, no ESG score impact
    • Tobacco Involvement (%)
      Higher is worse, no ESG score impact
    • Weapons Involvement (%)
      Higher is worse, no ESG score impact
    • Controversies Weapons Involvement (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Involvement (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Retailer (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Producer (%)
      Higher is worse, no ESG score impact
    • Direct Predatory Lending Involvement (%)
      Higher is worse, no ESG score impact
    • Genetic Engineering Involvement (%)
      Higher is worse, no ESG score impact
    • Severe Governance Controversies (%)
      Lower improves ESG score
    • Board Flag (%)
      Lower improves ESG score
    • Lack of Independent Board Majority (%)
      Lower improves ESG score
    • Board Independence (0-25%) (%)
      Lower improves ESG score
    • Board Independence (25-50%) (%)
      Lower improves ESG score
    • Board Independence (50-75%) (%)
      Higher improves ESG score
    • Board Independence (75-100%) (%)
      Higher improves ESG score
    • No Female Directors (%)
      Lower improves ESG score
    • Three OR More Female Directors (%)
      Higher improves ESG score
    • Females Represent 30% of Directors (%)
      Higher improves ESG score
    • Entrenched Board (%)
      Lower improves ESG score
    • Overboarding (%)
      Lower improves ESG score
    • Negative Director Votes (%)
      Lower improves ESG score
    • Ownership AND Control Flag (%)
      Lower improves ESG score
    • One Share One Vote (%)
      Lower improves ESG score
    • No Annual Director Elections (%)
      Lower improves ESG score
    • Does Not Use Majority Voting (%)
      Lower improves ESG score
    • Significant Votes Against Pay Practices (%)
      Lower improves ESG score
    • Controlling Shareholder (%)
      Lower improves ESG score
    • Controlling Shareholder Concerns (%)
      Lower improves ESG score
    • Cross Shareholdings (%)
      Lower improves ESG score
    • Poison Pill (%)
      Lower improves ESG score
    • Pay Flag (%)
      Lower improves ESG score
    • No Pay Performance Link (%)
      Lower improves ESG score
    • Lack of Internal Pay Equity (%)
      Lower improves ESG score
    • Executive Pay Non-Disclosure (%)
      Lower improves ESG score
    • Accounting Flag (%)
      Lower improves ESG score

AMLP Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

AMLP ETF Database
Category Average
Factset Segment
Average
1 Month Return -0.32% 1.58% 1.14%
3 Month Return -0.04% 6.01% 4.57%
YTD Return 17.87% 21.78% 16.15%
1 Year Return 25.03% 30.69% 22.64%
3 Year Return 21.13% 17.32% 13.00%
5 Year Return 13.16% 7.84% 5.63%

Geographic Exposure

The following charts reflect the geographic spread of AMLP's underlying holdings.

Region Percentage
North, Central and South America 104.42%
Other -4.44%
Country Percentage
United States 104.32%
Other -4.34%

Holdings Analysis

The following charts reflect the allocation of AMLP's underlying holdings.

Sector Percentage
Industrial Services 74.68%
Distribution Services 16.32%
Energy Minerals 6.5%
Utilities 3.95%
Process Industries 2.87%
Miscellaneous 0.1%
CASH -4.44%
Market Cap Percentage
Large 54.23%
Mid 38.63%
Small 11.81%
Micro 0.0%
Region Percentage
Asset Percentage
Share/Common/Ordinary 104.32%
Open-ended Fund 0.1%
CASH -4.44%
Sector Percentage
Industrial Services 74.68%
Distribution Services 16.32%
Energy Minerals 6.5%
Utilities 3.95%
Process Industries 2.87%
Miscellaneous 0.1%
CASH -4.44%

AMLP Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 32.46%
20 Day Volatility 9.43%
50 Day Volatility 17.45%
200 Day Volatility 15.19%
Beta 1.42
Standard Deviation 3.02%
5 Day Volatility
32.46%
Rank
8 of 16

20 Day Volatility
9.43%
Rank
15 of 16

50 Day Volatility
17.45%
Rank
5 of 16

200 Day Volatility
15.19%
Rank
4 of 16

Beta
1.42
Rank
2 of 15

Standard Deviation
3.02%
Rank
6 of 15

Technicals

  • 20 Day MA $47.07
  • 60 Day MA $46.86
  • MACD 15 Period -0.09
  • MACD 100 Period 0.78
  • Williams % Range 10 Day 52.75
  • Williams % Range 20 Day 41.05
  • RSI 10 Day 52
  • RSI 20 Day 52
  • RSI 30 Day 52
  • Ultimate Oscillator 45

Bollinger Bands

  • Lower Bollinger (10 Day) $46.78
  • Upper Bollinger (10 Day) $47.68
  • Lower Bollinger (20 Day) $46.30
  • Upper Bollinger (20 Day) $47.88
  • Lower Bollinger (30 Day) $46.20
  • Upper Bollinger (30 Day) $47.76

Support & Resistance

  • Support Level 1 $46.92
  • Support Level 2 $46.66
  • Resistance Level 1 $47.54
  • Resistance Level 2 $47.90

Stochastic

  • Stochastic Oscillator %D (1 Day) 54.43
  • Stochastic Oscillator %D (5 Day) 53.82
  • Stochastic Oscillator %K (1 Day) 54.37
  • Stochastic Oscillator %K (5 Day) 47.59

Tradability

  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) n/a
  • Maximum Premium Discount (%) 0.43
  • Average Spread (%) 1.33
  • Average Spread ($) 1.33

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

Disclosures

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Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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