mlp
Last updated Sep 23, 2023
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
BIPC Brookfield Infrastructure Corporation | Financial Services | 6.25% |
CQP Cheniere Energy Partners, L.P. | Energy | 6.25% |
ENB Enbridge Inc. | Energy | 6.25% |
EPD Enterprise Products Partners L.P. | Energy | 6.25% |
MMP Magellan Midstream Partners, L.P. | Energy | 6.25% |
MPLX MPLX LP | Energy | 6.25% |
NEP NextEra Energy Partners, LP | Utilities | 6.25% |
NFG National Fuel Gas Company | Energy | 6.25% |
OKE ONEOK, Inc. | Energy | 6.25% |
PBA Pembina Pipeline Corporation | Energy | 6.25% |
TRP TC Energy Corporation | Energy | 6.25% |
WMB The Williams Companies, Inc. | Energy | 6.25% |
KMI Kinder Morgan, Inc. | Energy | 6.25% |
EMLP First Trust North American Energy Infrastructure Fund | MLPs, Actively Managed | 6.25% |
MLPX Global X MLP & Energy Infrastructure ETF | MLPs | 6.25% |
TPYP Tortoise North American Pipeline Fund | Energy Equities | 6.25% |
Quarterly
Performance
The chart shows the growth of an initial investment of $10,000 in mlp, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
mlp
Benchmark (^GSPC)
Portfolio components
Returns
| 1 month | 6 months | Year-To-Date | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
| Benchmark | -1.29% | 8.79% | 12.52% | 16.97% | 15.93% | N/A |
| mlp | 1.82% | 7.46% | 2.72% | 8.63% | 26.00% | N/A |
| Portfolio components: | ||||||
BIPC Brookfield Infrastructure Corporation | -1.30% | -12.96% | -0.99% | -17.54% | 21.05% | N/A |
CQP Cheniere Energy Partners, L.P. | 9.56% | 31.37% | 3.42% | 15.67% | 32.18% | N/A |
ENB Enbridge Inc. | 0.99% | -2.68% | -7.08% | -2.93% | 12.53% | N/A |
EPD Enterprise Products Partners L.P. | 4.34% | 12.33% | 20.09% | 25.00% | 30.94% | N/A |
MMP Magellan Midstream Partners, L.P. | 5.85% | 39.08% | 45.62% | 60.59% | 31.15% | N/A |
MPLX MPLX LP | 0.83% | 7.73% | 14.07% | 30.70% | 53.59% | N/A |
NEP NextEra Energy Partners, LP | 3.26% | -17.41% | -27.26% | -33.83% | 8.16% | N/A |
NFG National Fuel Gas Company | -1.40% | -4.62% | -16.09% | -16.48% | 13.75% | N/A |
OKE ONEOK, Inc. | 2.81% | 14.56% | 5.16% | 33.03% | 48.88% | N/A |
PBA Pembina Pipeline Corporation | 2.47% | 2.53% | -6.36% | 3.11% | 22.51% | N/A |
TRP TC Energy Corporation | 3.68% | -0.51% | -5.45% | -10.75% | -0.10% | N/A |
WMB The Williams Companies, Inc. | -1.32% | 20.23% | 6.62% | 21.87% | 36.38% | N/A |
KMI Kinder Morgan, Inc. | -3.66% | 2.13% | -3.73% | 6.95% | 12.43% | N/A |
EMLP First Trust North American Energy Infrastructure Fund | 1.48% | 9.23% | 5.68% | 10.23% | 17.61% | N/A |
MLPX Global X MLP & Energy Infrastructure ETF | 1.28% | 15.29% | 9.17% | 20.16% | 35.90% | N/A |
TPYP Tortoise North American Pipeline Fund | 1.09% | 9.98% | 4.75% | 11.13% | 25.30% | N/A |
| Returns over 1 year are annualized | ||||||
Asset Correlations Table
The table below shows the correlation coefficients between the assets in the portfolio.
| NEP | BIPC | CQP | NFG | MMP | MPLX | TRP | EPD | ENB | PBA | WMB | OKE | KMI | EMLP | MLPX | TPYP | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NEP | 1.00 | 0.33 | 0.24 | 0.32 | 0.22 | 0.23 | 0.32 | 0.29 | 0.36 | 0.33 | 0.28 | 0.35 | 0.31 | 0.54 | 0.35 | 0.40 |
| BIPC | 0.33 | 1.00 | 0.28 | 0.38 | 0.28 | 0.28 | 0.38 | 0.31 | 0.42 | 0.42 | 0.34 | 0.39 | 0.39 | 0.48 | 0.41 | 0.45 |
| CQP | 0.24 | 0.28 | 1.00 | 0.35 | 0.48 | 0.51 | 0.43 | 0.52 | 0.46 | 0.48 | 0.51 | 0.53 | 0.53 | 0.58 | 0.61 | 0.60 |
| NFG | 0.32 | 0.38 | 0.35 | 1.00 | 0.47 | 0.46 | 0.47 | 0.48 | 0.53 | 0.52 | 0.60 | 0.59 | 0.61 | 0.68 | 0.64 | 0.70 |
| MMP | 0.22 | 0.28 | 0.48 | 0.47 | 1.00 | 0.65 | 0.50 | 0.65 | 0.51 | 0.55 | 0.60 | 0.61 | 0.67 | 0.66 | 0.71 | 0.69 |
| MPLX | 0.23 | 0.28 | 0.51 | 0.46 | 0.65 | 1.00 | 0.48 | 0.66 | 0.52 | 0.59 | 0.64 | 0.66 | 0.64 | 0.65 | 0.75 | 0.71 |
| TRP | 0.32 | 0.38 | 0.43 | 0.47 | 0.50 | 0.48 | 1.00 | 0.55 | 0.75 | 0.68 | 0.63 | 0.62 | 0.65 | 0.70 | 0.71 | 0.74 |
| EPD | 0.29 | 0.31 | 0.52 | 0.48 | 0.65 | 0.66 | 0.55 | 1.00 | 0.59 | 0.65 | 0.65 | 0.71 | 0.72 | 0.73 | 0.78 | 0.78 |
| ENB | 0.36 | 0.42 | 0.46 | 0.53 | 0.51 | 0.52 | 0.75 | 0.59 | 1.00 | 0.79 | 0.67 | 0.69 | 0.72 | 0.74 | 0.77 | 0.81 |
| PBA | 0.33 | 0.42 | 0.48 | 0.52 | 0.55 | 0.59 | 0.68 | 0.65 | 0.79 | 1.00 | 0.70 | 0.72 | 0.76 | 0.74 | 0.82 | 0.83 |
| WMB | 0.28 | 0.34 | 0.51 | 0.60 | 0.60 | 0.64 | 0.63 | 0.65 | 0.67 | 0.70 | 1.00 | 0.77 | 0.82 | 0.75 | 0.86 | 0.84 |
| OKE | 0.35 | 0.39 | 0.53 | 0.59 | 0.61 | 0.66 | 0.62 | 0.71 | 0.69 | 0.72 | 0.77 | 1.00 | 0.82 | 0.79 | 0.89 | 0.87 |
| KMI | 0.31 | 0.39 | 0.53 | 0.61 | 0.67 | 0.64 | 0.65 | 0.72 | 0.72 | 0.76 | 0.82 | 0.82 | 1.00 | 0.80 | 0.89 | 0.88 |
| EMLP | 0.54 | 0.48 | 0.58 | 0.68 | 0.66 | 0.65 | 0.70 | 0.73 | 0.74 | 0.74 | 0.75 | 0.79 | 0.80 | 1.00 | 0.86 | 0.91 |
| MLPX | 0.35 | 0.41 | 0.61 | 0.64 | 0.71 | 0.75 | 0.71 | 0.78 | 0.77 | 0.82 | 0.86 | 0.89 | 0.89 | 0.86 | 1.00 | 0.96 |
| TPYP | 0.40 | 0.45 | 0.60 | 0.70 | 0.69 | 0.71 | 0.74 | 0.78 | 0.81 | 0.83 | 0.84 | 0.87 | 0.88 | 0.91 | 0.96 | 1.00 |
mlp
Benchmark (^GSPC)
Portfolio components
Dividend yield
mlp granted a 6.11% dividend yield in the last twelve months.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| mlp | 6.11% | 6.02% | 6.74% | 8.55% | 6.60% | 7.23% | 6.01% | 6.29% | 8.66% | 4.68% | 4.70% | 5.26% |
| Portfolio components: | ||||||||||||
BIPC Brookfield Infrastructure Corporation | 4.02% | 3.80% | 3.16% | 2.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CQP Cheniere Energy Partners, L.P. | 7.60% | 7.27% | 7.21% | 8.89% | 7.97% | 8.41% | 8.57% | 9.25% | 10.91% | 9.41% | 11.10% | 15.91% |
ENB Enbridge Inc. | 7.60% | 7.14% | 7.77% | 9.05% | 7.17% | 7.15% | 6.79% | 5.68% | 7.07% | 4.00% | 4.71% | 4.47% |
EPD Enterprise Products Partners L.P. | 7.14% | 8.24% | 9.34% | 11.21% | 8.44% | 10.06% | 9.65% | 9.59% | 10.24% | 7.22% | 7.72% | 15.17% |
MMP Magellan Midstream Partners, L.P. | 6.41% | 8.75% | 10.16% | 12.12% | 8.83% | 9.76% | 7.71% | 6.99% | 7.33% | 5.39% | 6.09% | 7.88% |
MPLX MPLX LP | 8.85% | 9.41% | 13.19% | 16.70% | 15.81% | 13.63% | 10.98% | 10.88% | 8.54% | 3.71% | 4.83% | 0.00% |
NEP NextEra Energy Partners, LP | 6.75% | 4.45% | 3.35% | 3.79% | 4.36% | 4.84% | 4.37% | 6.70% | 4.19% | 0.79% | 0.00% | 0.00% |
NFG National Fuel Gas Company | 3.68% | 3.02% | 2.97% | 4.66% | 4.21% | 3.87% | 3.64% | 3.54% | 4.71% | 2.91% | 2.82% | 3.95% |
OKE ONEOK, Inc. | 5.74% | 5.94% | 7.06% | 11.63% | 6.21% | 8.43% | 7.51% | 6.65% | 16.40% | 7.54% | 4.35% | 5.59% |
PBA Pembina Pipeline Corporation | 6.45% | 6.04% | 7.34% | 9.38% | 6.34% | 7.81% | 6.17% | 6.79% | 10.09% | 7.01% | 7.71% | 10.05% |
TRP TC Energy Corporation | 7.45% | 7.12% | 6.56% | 6.87% | 5.25% | 7.56% | 5.44% | 5.39% | 7.20% | 5.40% | 6.17% | 6.15% |
WMB The Williams Companies, Inc. | 5.26% | 5.39% | 6.91% | 9.33% | 8.13% | 8.31% | 5.58% | 7.97% | 15.25% | 7.42% | 6.61% | 6.75% |
KMI Kinder Morgan, Inc. | 6.75% | 6.39% | 7.54% | 9.03% | 5.72% | 6.31% | 3.86% | 3.46% | 19.03% | 6.24% | 7.06% | 6.44% |
EMLP First Trust North American Energy Infrastructure Fund | 3.86% | 3.25% | 3.51% | 5.19% | 4.31% | 5.68% | 4.79% | 4.74% | 6.30% | 4.36% | 4.83% | 1.81% |
MLPX Global X MLP & Energy Infrastructure ETF | 5.34% | 5.45% | 6.56% | 9.74% | 7.37% | 8.07% | 6.18% | 8.15% | 7.58% | 3.51% | 1.13% | 0.00% |
TPYP Tortoise North American Pipeline Fund | 4.93% | 4.66% | 5.28% | 7.01% | 5.45% | 5.87% | 4.95% | 4.83% | 3.69% | 0.00% | 0.00% | 0.00% |
Expense Ratio
The mlp features an expense ratio of 0.11%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
0.96%
0.00%2.15%
0.45%
0.00%2.15%
0.40%
0.00%2.15%
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
BIPC Brookfield Infrastructure Corporation | -0.71 | ||||
CQP Cheniere Energy Partners, L.P. | 0.19 | ||||
ENB Enbridge Inc. | -0.36 | ||||
EPD Enterprise Products Partners L.P. | 1.11 | ||||
MMP Magellan Midstream Partners, L.P. | 2.21 | ||||
MPLX MPLX LP | 1.23 | ||||
NEP NextEra Energy Partners, LP | -1.07 | ||||
NFG National Fuel Gas Company | -0.87 | ||||
OKE ONEOK, Inc. | 0.70 | ||||
PBA Pembina Pipeline Corporation | -0.23 | ||||
TRP TC Energy Corporation | -0.59 | ||||
WMB The Williams Companies, Inc. | 0.56 | ||||
KMI Kinder Morgan, Inc. | 0.04 | ||||
EMLP First Trust North American Energy Infrastructure Fund | 0.29 | ||||
MLPX Global X MLP & Energy Infrastructure ETF | 0.52 | ||||
TPYP Tortoise North American Pipeline Fund | 0.22 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
mlp
Benchmark (^GSPC)
Portfolio components
Worst Drawdowns
The table below shows the maximum drawdowns of the mlp. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the mlp is 19.31%, recorded on Sep 23, 2020. It took 44 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.31% | Jun 9, 2020 | 75 | Sep 23, 2020 | 44 | Nov 24, 2020 | 119 |
| -16.54% | Jun 8, 2022 | 76 | Sep 26, 2022 | — | — | — |
| -9.45% | Jun 16, 2021 | 46 | Aug 19, 2021 | 38 | Oct 13, 2021 | 84 |
| -8.73% | Oct 21, 2021 | 42 | Dec 20, 2021 | 15 | Jan 11, 2022 | 57 |
| -8.63% | Apr 21, 2022 | 16 | May 12, 2022 | 14 | Jun 2, 2022 | 30 |
Volatility Chart
The current mlp volatility is 4.08%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
mlp
Benchmark (^GSPC)
Portfolio components