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Invesco Morningstar US Energy Infrastructure MLP UCITS ETF Acc (SMLP.DE) Sharpe Ratio: 0.83

ETF · Currency in EUR · Last updated Jun 5, 2026

The ETF aims to mirror the Morningstar MLP Composite Total Return Index and is designed as an open-end UCITS compliant fund based in Ireland.

SMLP.DE's Sharpe Ratio of 0.83 indicates that for each unit of volatility, it generates 0.83 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 5, 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.

SMLP.DE Sharpe Ratio Rank

SMLP.DE Sharpe Ratio Rank: 24.424
Below Average

SMLP.DE ranks above 24.4% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-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

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

SMLP.DE Sharpe Ratio Market Positioning

The chart shows SMLP.DE'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 2.39
  • Green zone (top 25%): 2.39 or higher
  • Top 1%: 7.64+
  • Median: 1.71 — half of all investments score higher

How it compares to other similar ETFs

The table compares Invesco Morningstar US Energy Infrastructure MLP UCITS ETF Acc's Sharpe Ratio with other ETFs in the Energy Equities category across multiple time periods, showing how SMLP.DE'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 5, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
G1CD.DEInvesco Global Clean Energy UCITS ETF Dist3.90
G1CE.DEInvesco Global Clean Energy UCITS ETF Acc3.88
D6RD.DEDeka Future Energy ESG UCITS ETF3.82
OIGS.DEAmundi STOXX Europe 600 Energy ESG Screened UCITS ETF Dist3.79
LOGS.DEAmundi STOXX Europe 600 Energy ESG Screened UCITS ETF Acc3.73
LYM9.DEAmundi MSCI New Energy ESG Screened UCITS ETF Dist3.65
WRNW.DEWisdomTree Renewable Energy UCITS ETF USD Unhedged Acc3.54
RENW.DEL&G Clean Energy UCITS ETF3.49
V0IH.DEVanEck Oil Services UCITS ETF A3.30
AMEE.DEAmundi Global Hydrogen ESG Screened UCITS ETF EUR Acc3.24
SMLP.DEInvesco Morningstar US Energy Infrastructure MLP UCITS ETF Acc0.83

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows SMLP.DE'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 SMLP.DE consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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