# How Ameriprise Financial (AMP) compares with the whole market and its popular alternatives

> Source: EasyCompare research, https://easycompare.io/research/amp
> Data as of October 20, 2026. Total returns include reinvested dividends. Past performance does not predict future results; nothing here is investment advice.

Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on AMP alone. It places AMP (Ameriprise Financial, Inc.) against 20+ popular alternatives, its neighboring categories and the entire market of over 10,000 U.S.-listed stocks and ETFs, and surfaces what has done better on consistent outperformance, return for the risk taken, behavior in real market crashes and diversification. The result is a clearer view of where AMP stands in the market, and of the alternatives worth a closer look.

Period covered: AMP's full trading record, from September 2005 through September 2026. The crash tests reach back to 2000 using older funds and the S&P 500. All returns include reinvested dividends. Data as of October 20, 2026.

## Key findings

- **Right now:** Over the past 3 months, AMP fell 7.0% while the S&P 500 rose 3.9%. Not every peer went the same way. Over the past 3 months, BLK (BlackRock) rose 7.6% and MS (Morgan Stanley) fell 14.0%.
- **Stock or market?:** AMP's 7.0% fall over the past 3 months is part of a broader asset management sell-off: the asset management ETF IAI (iShares U.S. Broker-Dealers & Securities Exchanges ETF) fell 5.9%, with MS (Morgan Stanley, down 14.0%) and SCHW (Charles Schwab, down 11.1%). Its asset management peers did not move as one over the past 3 months: BLK (BlackRock) rose 7.6%, while MS fell 14.0%.
- **Past 1 to 3 years:** AMP has trailed the market, rising 4.5% over the past year against 15.8% for the S&P 500 and 17.9% for the Nasdaq 100. The same gap shows up over 3 years (62.6% against 89.3%). AMP led its asset management peers in 2023, then fell behind MS (Morgan Stanley) and BNY (Bank of New York Mellon) in 2025.
- **Long term:** AMP turned $10,000 into $60,700 over the past decade, against $42,100 in the S&P 500. On the flip side, over 5 years AMP trailed the index: 76.8% against 81.7%.
- **In a crash:** Across six sell-offs, AMP has typically fallen 1.8 times as far as the S&P 500.
- **Diversification:** AMP is more of the same, not a cushion: a correlation of 0.67 with the S&P 500 over 5 years and 0.68 with the total US market, more closely than 97% of stocks worth at least $300 million. AMP fell in 19 of the 22 months the S&P 500 fell over the past 5 years: it usually fell with it.
- **Better options**
  - **Popular alternatives:** FHI (Federated Hermes) and BNY (Bank of New York Mellon) earned more than AMP with less volatility over the past 5 years. FHI returned 15.1% a year at 24.6% volatility, against 12.1% a year at 27.8%.
  - **Nearby categories and themes:** RY (Royal Bank of Canada, banks) and JPM (JPMorgan Chase & Co., banks) earned more than AMP with less volatility over the past 5 years. RY returned 17.3% a year at 18.2% volatility, against 12.1% a year at 27.8%.
  - **Versus the S&P 500:** The S&P 500 matched AMP's return over the past 5 years (12.7% a year against 12.1%) with 38% less volatility.

## How much would $10,000 in AMP have grown?

This chart tracks a hypothetical $10,000 investment in AMP over the past 21 years, with dividends reinvested, alongside the same amount in the S&P 500, investments that ended ahead of AMP over the same span and AMP's popular alternatives, among those that traded for the entire period.

- $10,000 invested in AMP at the end of September 2005 would have grown to $207,389 by September 2026, more than the $90,973 it would have become in SPY, an S&P 500 fund.
- Five of the eight other investments on the chart ended ahead of AMP, and AAPL finished highest, at $2,081,301.

## AMP at a glance

This section summarizes the key facts about the stock, its returns over periods from one to ten years and the risk it has carried, with dividends reinvested throughout.

- AMP's deepest decline since it began trading in 2005 was 81.1%, from October 2007 to November 2008. It took 27 months from the low to climb back to its old high.
- Over 20 full calendar years, AMP's best was 2013, when it returned 88.4%, and its worst was 2008, when it lost 56.9%. It lost money in five of those years.
- AMP is 14.5% below its all-time high.

- Type: Stock, Financials (Asset Management)
- Trading since: September 15, 2005
- Market value: $43B
- Volatility (5 years): 27.8%; Sharpe ratio: 0.55
- Worst decline ever: −81.1%, from October 9, 2007 to November 21, 2008; back at its high by February 1, 2011

| Period | AMP total return |
| --- | --- |
| 1 month | −9.0% |
| 3 months | −7.0% |
| 6 months | +7.5% |
| year to date | −0.3% |
| 1 year | +4.5% |
| 3 years | +62.6% |
| 5 years | +76.8% |
| 10 years | +507% |

## AMP against the whole market

Where AMP ranks among every stock and fund, and what across the market has done better.

### How does AMP rank among all stocks?

This section ranks AMP on return, volatility, risk-adjusted return and worst decline against every stock worth at least $300 million with enough history.

- AMP's 10-year return ranks in the top 14% of the 2,202 stocks worth at least $300 million with 10 years of history.

| Measure | AMP | Rank |
| --- | --- | --- |
| 1-year return | +4.5% | 1,784 of 3,287 (top 55%) |
| 3-year return | +62.6% | 1,363 of 3,017 (top 46%) |
| 5-year return | +76.8% | 841 of 2,893 (top 30%) |
| 10-year return | +507% | 302 of 2,202 (top 14%) |
| Volatility, 5 years | 27.8% | 536 of 2,893 (top 19%) |
| Sharpe ratio, 5 years | 0.55 | 810 of 2,893 (top 28%) |
| Worst decline, past 10 years | −53.9% | 609 of 2,187 (top 28%) |

### What has beaten AMP on both return and risk?

Each dot is an investment, placed by how much it earned a year over the past 5 years (higher is better) and how much its price swung, its volatility (further left is calmer).

- 95 stocks and 121 ETFs worth at least $500 million sit in the green region: each earned more than AMP over the past 5 years with smaller price swings. That is 6% of the 3,633 screened.
- Among those with at least half AMP's swings, CAH has the best return for its risk: 42.1% a year at 24.7% volatility, 11% less than AMP's 27.8%, and a Sharpe ratio (return above cash per unit of volatility) of 1.55 against 0.55 for AMP.
- Among AMP's popular alternatives, BNY and FHI are in the region. BNY earned 22.7% a year against 12.1% a year for AMP, at 24.4% volatility, 12% less than AMP's 27.8%.

### Is there a better investment than AMP?

The table below lists investments that beat AMP over the past 5 years on at least one of these measures: a higher annual return with lower volatility, a higher annual return at similar volatility, a similar return with lower volatility, a higher Sharpe ratio with a smaller worst decline, a higher total return in most periods from 3 months to 10 years, or smaller losses in recent market crashes.

- Among AMP's popular alternatives, FHI and BNY earned more than AMP with less volatility over the past 5 years. FHI returned 15.1% a year at 24.6% volatility, against 12.1% a year at 27.8%.
- Looking beyond its popular alternatives, RY (banks) and JPM (banks) earned more than AMP with less volatility over the past 5 years. RY returned 17.3% a year at 18.2% volatility, against 12.1% a year at 27.8%.
- The S&P 500 matched AMP's return over the past 5 years (12.7% a year against 12.1%) with 38% less volatility.

The 15 strongest of 216 investments that beat AMP over the past 5 years, out of 3,633 stocks and funds worth at least $500 million.

| Investment | Group | Annual return (5 years) | Volatility | Sharpe | Worst decline (10 years) | 10Y return | Correlation with AMP | Better on |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| AMP: Ameriprise Financial, Inc. (this page) |  | +12.1% | 27.8% | 0.55 | −53.9% | +507% |  |  |
| [WMT](https://easycompare.io/research/wmt): Walmart Inc. | Discount Retail | +20.8% | 22.6% | 0.96 | −25.7% | +508% | 0.37 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [ABBV](https://easycompare.io/research/abbv): AbbVie Inc. | Pharmaceuticals | +26.1% | 23.4% | 1.11 | −45.1% | +603% | 0.11 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [MCK](https://easycompare.io/research/mck): McKesson Corporation | Health Care Distribution | +38.7% | 25.0% | 1.44 | −38.1% | +586% | 0.24 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [PGR](https://easycompare.io/research/pgr): The Progressive Corporation | Property & Casualty Insurance | +21.3% | 25.6% | 0.89 | −30.3% | +816% | 0.34 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [GWW](https://easycompare.io/research/gww): W.W. Grainger, Inc. | Industrial Distribution | +26.3% | 24.9% | 1.07 | −41.6% | +654% | 0.61 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [CTAS](https://easycompare.io/research/ctas): Cintas Corporation | Business Services | +16.5% | 23.1% | 0.78 | −48.4% | +808% | 0.62 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [FAST](https://easycompare.io/research/fast): Fastenal Company | Industrial Distribution | +15.8% | 24.6% | 0.72 | −30.7% | +576% | 0.41 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [CAH](https://easycompare.io/research/cah): Cardinal Health, Inc. | Health Care Distribution | +42.1% | 24.7% | 1.55 | −46.1% | +349% | 0.25 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [RY](https://easycompare.io/research/ry): Royal Bank of Canada | Banks | +17.3% | 18.2% | 0.97 | −40.0% | +352% | 0.58 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| DXJ: WisdomTree Japan Hedged Equity Fund | International Equity | +26.6% | 19.1% | 1.34 | −39.1% | +428% | 0.26 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| LVHI: Franklin International Low Volatility High Dividend Index ETF | International Equity | +17.0% | 11.1% | 1.48 | −32.4% | +194% | 0.53 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [KO](https://easycompare.io/research/ko): The Coca-Cola Company | Food & Beverages | +14.7% | 16.8% | 0.91 | −37.0% | +204% | 0.22 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [COST](https://easycompare.io/research/cost): Costco Wholesale Corporation | Discount Retail | +17.4% | 22.9% | 0.82 | −31.4% | +685% | 0.47 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [QQQ](https://easycompare.io/research/qqq): Invesco QQQ Trust, Series 1 | US Large-Cap Growth | +14.5% | 23.0% | 0.71 | −35.1% | +553% | 0.44 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [PM](https://easycompare.io/research/pm): Philip Morris International Inc. | Tobacco | +21.0% | 23.4% | 0.94 | −42.9% | +242% | 0.36 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |

## AMP against its popular alternatives

The investments people most often weigh against AMP, compared period by period and year by year.

### How do AMP's risk and return compare with its alternatives?

This map plots each investment's annual return over the past 5 years against its volatility, the size of its typical price swings.

- BNY, FHI and SEIC were both more rewarding and calmer than AMP over the past 5 years, earning a higher annual return with lower volatility.
- Over the past 5 years, AMP returned 12.1% a year, less than the S&P 500's 12.7%, with higher volatility (27.8% against 17.1%).

### Has AMP consistently beaten its popular alternatives?

This section compares AMP with the investments people most often weigh against it, checking each one over eight periods from one month to ten years.

- Five of the 23 popular alternatives, led by AMG, SEIC and VCTR, outperformed AMP in at least 3 of 5 short-term and 2 of 3 long-term timeframes.
- BNY, VCTR and SLF earned more for the risk they took than AMP (a higher Sharpe ratio) and fell less in their worst decline of the past 10 years.

| Investment | 1Y return | 3Y return | 5Y return | 10Y return | Periods ahead of AMP | Verdict | Sharpe |
| --- | --- | --- | --- | --- | --- | --- | --- |
| AMP: Ameriprise Financial, Inc. (this page) | +4.5% | +62.6% | +76.8% | +507% |  |  | 0.55 |
| AMG: Affiliated Managers Group, Inc. | +59.9% | +214% | +137% | +185% | 5/5 short-term, 2/3 long-term | consistent | 0.70 |
| SEIC: SEI Investments Company | +32.7% | +102% | +81.6% | +168% | 5/5 short-term, 2/3 long-term | consistent | 0.65 |
| VCTR: Victory Capital Holdings, Inc. | +69.8% | +305% | +245% | — | 5/5 short-term, 2/3 long-term | consistent | 0.89 |
| FHI: Federated Hermes, Inc. | +11.1% | +101% | +102% | +214% | 4/5 short-term, 2/3 long-term | consistent | 0.70 |
| [BNY](https://easycompare.io/research/bny): Bank of New York Mellon Corp | +35.3% | +272% | +179% | +341% | 3/5 short-term, 2/3 long-term | consistent | 0.97 |
| [MS](https://easycompare.io/research/ms): Morgan Stanley | +13.9% | +170% | +110% | +627% | 2/5 short-term, 3/3 long-term |  | 0.66 |
| LPLA: LPL Financial Holdings Inc. | −4.9% | +47.1% | +88.9% | +1,057% | 2/5 short-term, 2/3 long-term |  | 0.54 |
| [SLF](https://easycompare.io/research/slf): Sun Life Financial Inc. | +35.5% | +96.3% | +74.1% | +255% | 5/5 short-term, 1/3 long-term |  | 0.67 |
| [MET](https://easycompare.io/research/met): MetLife, Inc. | +32.2% | +84.0% | +76.5% | +240% | 5/5 short-term, 1/3 long-term |  | 0.58 |
| IVZ: Invesco Ltd. | +30.0% | +158% | +39.8% | +50.9% | 5/5 short-term, 1/3 long-term |  | 0.37 |
| [BLK](https://easycompare.io/research/blk): BlackRock, Inc. | −0.6% | +96.3% | +41.1% | +313% | 4/5 short-term, 1/3 long-term |  | 0.39 |
| NTRS: Northern Trust Corporation | +31.1% | +180% | +52.9% | +205% | 3/5 short-term, 1/3 long-term |  | 0.44 |
| RJF: Raymond James Financial, Inc. | −4.5% | +69.5% | +64.2% | +358% | 1/5 short-term, 1/3 long-term |  | 0.50 |
| SF: Stifel Financial Corp | −9.0% | +86.5% | +49.5% | +374% | 0/5 short-term, 1/3 long-term |  | 0.41 |
| [SCHW](https://easycompare.io/research/schw): The Charles Schwab Corporation | −3.1% | +86.2% | +19.1% | +221% | 0/5 short-term, 1/3 long-term |  | 0.27 |
| [PRU](https://easycompare.io/research/pru): Prudential Financial, Inc. | +19.6% | +47.5% | +29.0% | +117% | 5/5 short-term, 0/3 long-term |  | 0.33 |
| BEN: Franklin Resources, Inc. | +44.8% | +62.4% | +31.5% | +49.2% | 5/5 short-term, 0/3 long-term |  | 0.33 |
| [CME](https://easycompare.io/research/cme): CME Group Inc. | +14.6% | +57.7% | +70.1% | +319% | 4/5 short-term, 0/3 long-term |  | 0.62 |
| [SPGI](https://easycompare.io/research/spgi): S&P Global Inc. | −7.4% | +28.2% | +3.7% | +293% | 2/5 short-term, 0/3 long-term |  | 0.16 |
| AB: AllianceBernstein Holding L.P. | −3.7% | +56.6% | −0.1% | +281% | 2/5 short-term, 0/3 long-term |  | 0.14 |
| TROW: T. Rowe Price Group, Inc. | +3.1% | +22.7% | −37.4% | +126% | 2/5 short-term, 0/3 long-term |  | -0.16 |
| JEF: Jefferies Financial Group Inc. | −14.2% | +51.7% | +30.3% | +249% | 1/5 short-term, 0/3 long-term |  | 0.33 |
| APAM: Artisan Partners Asset Management Inc. | −16.8% | +26.9% | +4.6% | +200% | 0/5 short-term, 0/3 long-term |  | 0.18 |

### How did AMP do year by year?

This table shows each investment's total return in every full calendar year since 2006, along with where AMP ranked among its popular alternatives each year.

- Ranked against its popular alternatives each year, AMP finished in the top quarter in ten of 20 years and in the bottom quarter in four. In 2025, it ranked 23 of 24.
- AMP finished ahead of the S&P 500 in 12 of its 20 full calendar years.
- Among its popular alternatives, VCTR came out ahead of AMP most often, in four of the seven years both traded.

| Year | AMP | SPY |
| --- | --- | --- |
| 2025 | −6.7% | +17.7% |
| 2024 | +42.1% | +24.9% |
| 2023 | +24.0% | +26.2% |
| 2022 | +5.0% | −18.2% |
| 2021 | +57.9% | +28.7% |
| 2020 | +19.8% | +18.3% |
| 2019 | +64.0% | +31.2% |
| 2018 | −36.8% | −4.6% |
| 2017 | +56.4% | +21.7% |
| 2016 | +7.7% | +12.0% |

## Risk and diversification

How AMP has fallen, how it held up in crashes beside the S&P 500 and its popular alternatives, and what moves independently of it.

### What were AMP's worst declines?

A drawdown is the decline from a peak to the lowest point before a new high.

- In all five of AMP's worst declines, the S&P 500 held up better over the same dates.
- The slowest recovery came after AMP fell 81.1% from October 2007 to November 2008; it did not regain that peak until February 2011, two years later.

| Decline | Peak | Low | Back at the high | SPY over the same dates | Market event |
| --- | --- | --- | --- | --- | --- |
| −81.1% | October 9, 2007 | November 21, 2008 | February 1, 2011 | −48.1% | 2008 financial crisis |
| −53.9% | February 20, 2020 | March 23, 2020 | November 9, 2020 | −33.4% | Covid crash |
| −45.0% | January 12, 2018 | December 24, 2018 | February 4, 2020 | −14.1% | late-2018 sell-off |
| −43.3% | February 13, 2015 | February 11, 2016 | February 21, 2017 | −11.0% | 2015 China and oil sell-off |
| −41.9% | February 18, 2011 | October 3, 2011 | December 7, 2012 | −17.1% | 2011 euro debt crisis |

### How did AMP do in stock market crashes?

This section measures how far AMP, the S&P 500 and each alternative fell from peak to trough during every major market crash since 2000.

- AMP fell further than the S&P 500 in all nine crashes it has traded through. The clearest case was the 2008 financial crisis, when AMP fell 81.1% and the S&P 500 fell 55.2%.
- Among its popular alternatives, SLF held up best, falling less than AMP in all nine crashes they both traded through.
- AMP began trading after the dot-com bust, but 16 of its popular alternatives lived through it. The mildest fall among them was JEF's 28.6%, against 47.5% for the S&P 500.

| Crash | Dates | AMP fall | SPY fall |
| --- | --- | --- | --- |
| Dot-com bust | March 10, 2000 to October 9, 2002 | not trading | −47.5% |
| Global financial crisis | October 9, 2007 to March 9, 2009 | −81.1% | −55.2% |
| Flash crash | May 6, 2010 to May 7, 2010 | −2.6% | −1.5% |
| Euro debt crisis | July 22, 2011 to October 3, 2011 | −32.3% | −17.9% |
| China devaluation & oil rout | August 10, 2015 to February 11, 2016 | −38.2% | −12.8% |
| Volmageddon | February 2, 2018 to February 9, 2018 | −8.9% | −6.5% |
| Q4 2018 selloff | September 21, 2018 to December 24, 2018 | −35.3% | −19.3% |
| COVID crash | February 19, 2020 to March 23, 2020 | −53.9% | −33.7% |
| 2022 bear market | January 4, 2022 to October 12, 2022 | −31.5% | −24.5% |
| SVB / regional bank stress | March 8, 2023 to March 13, 2023 | −14.9% | −3.4% |

### How closely does AMP move with the S&P 500?

Upside capture measures how much of the S&P 500's gains an investment kept in the months the market rose, and downside capture how much of its losses it took in the months the market fell.

- BNY took just 120% of the S&P 500's losses, against 152% for AMP, while still keeping 115% of its gains.
- Over the past 10 years, AMP captured 141% of the S&P 500's gains in rising months and 152% of its losses in falling months, with a beta of 1.41. It amplified the market's moves in both directions.
- Nine of the 22 popular alternatives had a higher capture ratio (upside capture divided by downside capture) than AMP's 0.93, led by CME, LPLA and RJF.

Measured over the past 10 years of monthly returns against SPY.

| Investment | Upside capture | Downside capture | Beta |
| --- | --- | --- | --- |
| AMP: Ameriprise Financial, Inc. (this page) | 141% | 152% | 1.41 |
| AMG: Affiliated Managers Group, Inc. | 103% | 137% | 1.22 |
| SEIC: SEI Investments Company | 97.0% | 127% | 1.03 |
| FHI: Federated Hermes, Inc. | 85.0% | 93.0% | 0.90 |
| [BNY](https://easycompare.io/research/bny): Bank of New York Mellon Corp | 115% | 120% | 1.08 |
| [MS](https://easycompare.io/research/ms): Morgan Stanley | 142% | 137% | 1.39 |
| LPLA: LPL Financial Holdings Inc. | 110% | 52.0% | 0.85 |
| [SLF](https://easycompare.io/research/slf): Sun Life Financial Inc. | 87.0% | 85.0% | 0.96 |
| [MET](https://easycompare.io/research/met): MetLife, Inc. | 91.0% | 97.0% | 1.03 |
| IVZ: Invesco Ltd. | 119% | 201% | 1.46 |
| [BLK](https://easycompare.io/research/blk): BlackRock, Inc. | 127% | 157% | 1.30 |
| NTRS: Northern Trust Corporation | 111% | 136% | 1.18 |
| RJF: Raymond James Financial, Inc. | 103% | 97.0% | 1.07 |
| SF: Stifel Financial Corp | 120% | 125% | 1.25 |
| [SCHW](https://easycompare.io/research/schw): The Charles Schwab Corporation | 89.0% | 90.0% | 0.91 |
| [PRU](https://easycompare.io/research/pru): Prudential Financial, Inc. | 102% | 146% | 1.25 |
| BEN: Franklin Resources, Inc. | 102% | 170% | 1.39 |
| [CME](https://easycompare.io/research/cme): CME Group Inc. | 50.0% | 11.0% | 0.33 |
| [SPGI](https://easycompare.io/research/spgi): S&P Global Inc. | 107% | 125% | 1.04 |
| AB: AllianceBernstein Holding L.P. | 102% | 112% | 1.10 |
| TROW: T. Rowe Price Group, Inc. | 118% | 172% | 1.35 |
| JEF: Jefferies Financial Group Inc. | 147% | 197% | 1.52 |
| APAM: Artisan Partners Asset Management Inc. | 160% | 224% | 1.79 |

### What diversifies AMP?

Correlation measures how closely two investments move together, on a scale from 1 (in lockstep) through 0 (unrelated) to -1 (in opposite directions).

- Moving a fifth of the money in AMP into DBMF would have cut the portfolio's volatility by 22% over the past 5 years while keeping its annual return (+14.9% for AMP alone, +14.9% for the mix).
- Among large ETFs, DXJ, SMH and GLD have moved largely independently of AMP over the past 5 years, with correlations of 0.31 or lower, and each still earned a positive 5-year return.
- GLD made money in three of the five calendar years in which AMP lost money.

| Investment | Correlation with AMP | 5Y return | Volatility | Sharpe | Rose in AMP's 5 down years |
| --- | --- | --- | --- | --- | --- |
| DXJ: WisdomTree Japan Hedged Equity Fund | 0.26 | +225% | 19.1% | 1.34 | 2 of 5 |
| [SMH](https://easycompare.io/research/smh): VanEck Semiconductor ETF | 0.31 | +323% | 36.9% | 0.97 | 2 of 5 |
| [GLD](https://easycompare.io/research/gld): SPDR Gold Shares | 0.00 | +126% | 18.9% | 0.96 | 3 of 5 |
| SPMO: Invesco S&P 500 Momentum ETF | 0.47 | +136% | 20.8% | 0.93 | 1 of 5 |
| EWT: iShares MSCI Taiwan ETF | 0.24 | +153% | 24.2% | 0.89 | 1 of 5 |
| EDIV: State Street SPDR S&P Emerging Markets Dividend ETF | 0.35 | +69.9% | 13.8% | 0.84 | 1 of 5 |
| PTLC: Pacer Trendpilot US Large Cap ETF | 0.42 | +57.4% | 11.8% | 0.83 | 2 of 5 |
| DBMF: iMGP DBi Managed Futures Strategy ETF | -0.25 | +59.7% | 12.4% | 0.82 | 1 of 5 |

## Common questions

### What was AMP's worst drawdown?

AMP's deepest decline since it began trading in 2005 was 81.1%, from October 2007 to November 2008. It took 27 months from the low to climb back to its old high. Because AMP launched in September 2005, that record does not include the dot-com bust.

### What were AMP's best and worst years?

Over 20 full calendar years, AMP's best year was 2013, when it returned 88.4%. Its worst was 2008, with a return of -56.9%.

### Is there a better investment than AMP?

Among AMP's popular alternatives, FHI and BNY earned more than AMP with less volatility over the past 5 years. FHI returned 15.1% a year at 24.6% volatility, against 12.1% a year at 27.8%. Looking beyond its popular alternatives, RY (banks) and JPM (banks) earned more than AMP with less volatility over the past 5 years. RY returned 17.3% a year at 18.2% volatility, against 12.1% a year at 27.8%.

### Is AMP more volatile than the S&P 500?

Yes. AMP's volatility over the past 5 years was 27.8%, 1.6 times the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, AMP's return lands within 27.8% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump.

### What is AMP's Sharpe ratio?

AMP's Sharpe ratio over the past 5 years was 0.55, against 0.79 for the S&P 500, so AMP earned less for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings.

### How correlated is AMP with the S&P 500?

Over the past 5 years, AMP's monthly returns had a correlation of 0.67 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They often move together: some diversification next to an index fund, but not a cushion. In the table, the correlation column measures each option against AMP instead: the lower it is, the more that option would diversify a AMP holding.

### What are the best alternatives to AMP?

Of the 23 popular alternatives we compared, five outperformed AMP in at least 3 of 5 short-term and 2 of 3 long-term timeframes, with dividends reinvested: AMG, SEIC and VCTR.

### Did AMP outperform the S&P 500?

AMP finished ahead of the S&P 500 (SPY) in 12 of 20 full calendar years. In 2025, it returned -6.7%, against +17.7% for the index.

### How did AMP do in stock market crashes?

AMP fell less than the S&P 500 (SPY) in none of the nine major crashes it has traded through, and further in nine. The clearest case was the 2008 financial crisis, when AMP fell 81.1% and the S&P 500 fell 55.2%.

### What diversifies AMP?

These had a low correlation with AMP over the past 5 years and still earned a positive 5-year return: among large ETFs, DXJ (correlation 0.26), SMH (correlation 0.31) and GLD (correlation 0.00); among large stocks, CAH (correlation 0.25), CLS (correlation 0.32) and FIX (correlation 0.35). A correlation near zero means the two have moved largely independently.

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## Explore further

- Full page with charts: https://easycompare.io/research/amp
- All research pages: https://easycompare.io/llms.txt
- Compare the entire market against AMP live: https://betterthanspy.com/?b=AMP&utm_source=easycompare&utm_medium=research