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HANetf Alerian Midstream Energy Dividend UCITS ETF (PMLP.L) Sharpe Ratio: 1.88

ETF · Currency in GBp · Last updated Jun 26, 2026

PMLP.L is a passive ETF by HANetf tracking the investment results of the MSCI World/Energy NR USD. PMLP.L launched on Jul 27, 2020 and has a 0.40% expense ratio.

PMLP.L's Sharpe Ratio of 1.88 indicates that for each unit of volatility, it generates 1.88 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 26, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

PMLP.L Sharpe Ratio Rank

PMLP.L Sharpe Ratio Rank: 65.866
Above Average

PMLP.L ranks above 65.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

PMLP.L Sharpe Ratio Market Positioning

The chart shows PMLP.L's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.12
  • Green zone (top 25%): 2.12 or higher
  • Top 1%: 6.88+
  • Median: 1.56 — half of all investments score higher

How it compares to other similar ETFs

The table compares HANetf Alerian Midstream Energy Dividend UCITS ETF's Sharpe Ratio with other ETFs in the Energy Equities category across multiple time periods, showing how PMLP.L's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 26, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
NRJL.LLyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist3.84
ANRJ.LAmundi ETF MSCI Europe Energy UCITS ETF3.21
RENG.LL&G Clean Energy UCITS ETF3.04
GCLX.LInvesco Global Clean Energy UCITS ETF Acc2.87
QCLN.LFirst Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc2.69
RAYS.LInvesco Solar Energy UCITS ETF Acc2.56
GCLE.LInvesco Global Clean Energy UCITS ETF Acc2.53
RNRU.LGlobal X Renewable Energy Producers UCITS ETF USD Accumulating2.52
GCED.LInvesco Global Clean Energy UCITS ETF Dist2.52
INRG.LiShares Global Clean Energy UCITS ETF USD (Dist)2.44
PMLP.LHANetf Alerian Midstream Energy Dividend UCITS ETF1.88

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows PMLP.L's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when PMLP.L consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does PMLP.L fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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