AMUB vs EPD: Correlation
How closely do ETRACS Alerian MLP Index ETN Series B due July 18, 2042 (AMUB) and Enterprise Products Partners L.P. (EPD) trade together? Their weekly returns over three years give a correlation of 0.81, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMUB and EPD?
On 3 years of weekly data the AMUB/EPD correlation comes out at 0.81, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.80 lands near the 3-year figure. The 5-year figure is 0.85, and annualized covariance runs at 219.5 %².
By 3-year correlation, EPD places #5 of the 20 assets tracked against AMUB. Twelve-month performance is nearly a tie, at +30.9% for AMUB and +31.5% for EPD.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AMUB vs EPD: side by side
| AMUB (ETRACS Alerian MLP Index ETN Series B due July 18, 2042) | EPD (Enterprise Products Partners L.P.) | |
|---|---|---|
| 1-year return | +30.9% | +31.5% |
| 5-year return | +191.0% | +150.0% |
| Volatility (ann.) | 16.5% | 16.4% |
| Beta vs S&P 500 | 0.31 | 0.15 |
| Max drawdown (3Y) | -17.0% | -15.4% |
| Market cap | – | $84.3B |
| P/E (trailing) | – | 13.6 |
| Dividend yield | – | 5.63% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMUB | EPD |
|---|---|---|
| 2022 | +29.9% | +18.3% |
| 2023 | +25.4% | +17.7% |
| 2024 | +23.0% | +28.0% |
| 2025 | +8.7% | +9.5% |
| 2026 | +29.6% | +27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMUB and EPD good diversifiers for each other?
No. With a correlation of 0.81, AMUB and EPD move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between AMUB and EPD?
As of 2026-08-27, the correlation of weekly returns between AMUB and EPD is 0.81 over 3 years, 0.80 over 1 year and 0.85 over 5 years.
Is EPD a good diversifier for AMUB?
No. With a correlation of 0.81, AMUB and EPD move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.81 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amub-vs-epd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amub-vs-epd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMUB correlations · EPD correlations
