AMLP
Alerian MLP ETF
Alerian MLP ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the price and yield performance of the Alerian MLP Infrastructure Index.
US
EQUITY
Passive
MANAGEMENT STYLE
8.4 B
ASSETS UNDER MGMT
85 bp
EXPENSES
Fund Basics
| Fund sponsor | ALPS ETF Trust |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Aug 25, 2010 |
| Assets (mns) | $8,427 |
| Expense ratio | 85 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | C Corporation |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Distributions |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ENERGY TRANSFER, L.P. | 13.4 % |
| MPLX LP | 12.7 % |
| ENTERPRISE PRODUCTS PARTNERS | 12.3 % |
| PLAINS ALL AMER PIPELINE LP | 11.6 % |
| WESTERN GAS EQUITY PARTNERS LP | 11.5 % |
| SUNOCO LP | 10.5 % |
| ENLINK MIDSTREAM LLC | 7.0 % |
| HESS MIDSTREAM LP - CLASS A | 6.1 % |
| CHENIERE ENERGY PARTNERS LP | 4.3 % |
| USA COMPRESSION PARTNERS LP | 2.9 % |
Constituent Breakdown
| Number of holdings | 14 |
| Herfindahl-Hirschman Index | 997 |
| Wgt avg mkt cap (mns) | $28,569 |
| Large cap (>$10bn) | 65.3% |
| Mid cap ($2-10bn) | 20.8% |
| Small cap (<$2bn) | 7.8% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 100.0 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 23.3% | 19.0% | 19.2% | 24.6% | 13.9% | 2.2% | 4.8% | Volatility | 13.7% | 14.2% | 15.7% | 20.9% | 35.2% | 30.5% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.62 | 30% |
| MSCI EAFE | 0.44 | 15% |
| MSCI Emg Mkts | 0.19 | 3% |
Liquidity Measures
| Avg. volume (000) | 1,651 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.03% |
| ADV of underlying (mns) | $865 |
Technical Indicators
| Recent close | $47.55 |
| 30d moving avg. | $49.44 |
| Annualized volatility | 19.8% |
| Relative strength (RSI) | 47 |
| Short interest (ETF) | 2.9% |
| Short interest (underlying) | 1.8% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. AMLP |
Expenses vs. AMLP |
ALTAR Score™ vs. AMLP |
|---|---|---|---|---|
| MLPA | Global X MLP ETF | 94.1% | -40 bp | +0.3% |
| AMZA | InfraCap MLP ETF | 92.5% | +79 bp | -0.2% |
| ENFR | Alerian Energy Infrastructure ETF | 31.2% | -50 bp | -0.7% |
| UMI | USCF Midstream Energy Income Fund ETF | 29.4% | 0 bp | -1.0% |
| MLPX | Global X MLP & Energy Infrastructure ETF | 28.8% | -40 bp | -1.0% |
| NDIV | Amplify Natural Resources Dividend Income ETF | 26.0% | -26 bp | +6.1% |
| EIPI | FT Energy Income Partners Enhanced Income ETF | 25.1% | +25 bp | +0.5% |
| EINC | VanEck Energy Income ETF | 24.8% | -37 bp | -1.1% |
| EMLP | First Trust North American Energy Infrastructure Fund | 24.4% | +10 bp | +0.0% |
| USAI | Pacer American Energy Independence ETF | 23.6% | -10 bp | -1.8% |
Risk and Returns: AMLP vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
AMLP
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
AMLP
5.0%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.6%. AMLP's ALTAR Score™ is approximately
0.3 standard deviations
below
the category average. This places AMLP in the 40th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
AMLPSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Passive US Equity ETFs |
| # of ETFs | 192 |
| Avg. Expense Ratio | 31.0 bp |
| Std. Deviation | 25.7 bp |
| AMLP (85 bp) Percentile rank | 98 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| AMLP | 85.0 | 2.5 | 87.5 |
| Peer Avg. | 28.8 | 6.6 | 35.4 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .