Invesco SteelPath MLP Alpha Plus Fund Class R5 (SPMPX) belongs to the Energy Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SPMPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPMPX
SPMPX charges 7.73% annually. There are 94 mutual funds in the Energy Equities category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Energy Index Fund Admiral Shares | 0.09% | 11.00B | Oct 2004 | SPMPX vs VENAX | |
| Vanguard Energy Opportunities Fund Admiral Shares | 0.37% | 6.90B | Nov 2001 | SPMPX vs VGELX | |
| Vanguard Energy Opportunities Fund Investor Shares | 0.45% | 6.90B | May 1984 | SPMPX vs VGENX | |
| Frontier MFG Core Infrastructure Fund | 0.50% | — | Jan 2012 | SPMPX vs FMGIX | |
| T. Rowe Price New Era Fund | 0.56% | — | Jan 1969 | SPMPX vs PRNEX |
Best Risk-Adjusted Alternatives to SPMPX
SPMPX has a PortfoliosLab risk / return rank of 75. There are 33 mutual funds in the Energy Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Global Energy Transition Fund | 96 | — | Nov 1995 | SPMPX vs RSNRX | |
| Victory Global Energy Transition Fund Class Y | 96 | — | May 2007 | SPMPX vs RSNYX | |
| Delaware Ivy Energy Fund | 93 | — | Apr 2006 | SPMPX vs IEYYX | |
| Recurrent MLP & Infrastructure Fund | 91 | — | Nov 2017 | SPMPX vs RMLPX | |
| Franklin Natural Resources Fund | 91 | — | Jun 1995 | SPMPX vs FRNRX |
Top Performing SPMPX Alternatives (YTD)
SPMPX is at 31.65% YTD. There are 10 mutual funds in the Energy Equities category with higher YTD returns, going as high as 51.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Oil Equipment & Services UltraSector ProFund | 51.40% | — | Jun 2006 | SPMPX vs OEPIX | |
| Fidelity Select Energy Portfolio | 38.71% | — | Jul 1981 | SPMPX vs FSENX | |
| Recurrent MLP & Infrastructure Fund | 37.70% | — | Nov 2017 | SPMPX vs RMLPX | |
| Guinness Atkinson Global Energy Fund | 36.05% | — | Jun 2004 | SPMPX vs GAGEX | |
| Vanguard Energy Index Fund Admiral Shares | 33.33% | 11.00B | Oct 2004 | SPMPX vs VENAX |
Lowest Volatility Alternatives to SPMPX
SPMPX has 16.64% 1-year volatility. There are 47 mutual funds in the Energy Equities category with lower 1-year volatility, going as low as 6.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | 6.50% | — | Dec 2016 | SPMPX vs PAXDX | |
| Saratoga Energy & Basic Materials Fund | 9.77% | — | Oct 1997 | SPMPX vs SBMBX | |
| JHancock Infrastructure Fund | 10.00% | — | Dec 2013 | SPMPX vs JEEIX | |
| Centre Global Infrastructure Fund | 10.12% | — | Jan 2018 | SPMPX vs DHIVX | |
| Cohen & Steers Global Infrastructure Fund, Inc. | 10.15% | — | May 2004 | SPMPX vs CSUIX |
Lowest Drawdown Alternatives to SPMPX
SPMPX has a 1-year max drawdown of -8.21%. There are 38 mutual funds in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -4.49%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | -4.49% | — | Dec 2016 | SPMPX vs PAXDX | |
| EIP Growth and Income Fund | -4.51% | — | Aug 2006 | SPMPX vs EIPIX | |
| Goldman Sachs Global Infrastructure Fund | -5.59% | — | Jun 2016 | SPMPX vs GGINX | |
| Saratoga Energy & Basic Materials Fund | -5.66% | — | Oct 1997 | SPMPX vs SBMBX | |
| Invesco SteelPath MLP Alpha Fund | -5.93% | — | Mar 2010 | SPMPX vs MLPOX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, OPGSX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 46 | 14.15% | — | Oct 2020 | SPMPX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 75 | 14.06% | — | Jul 1997 | SPMPX vs VADAX | |
| Invesco Gold & Special Minerals Fund | Gold, Precious Metals | 27 | -10.14% | — | Jul 1983 | SPMPX vs OPGSX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 11 | 5.69% | — | Jun 2005 | SPMPX vs VAFAX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 80 | 17.47% | — | Jun 2001 | SPMPX vs VVOAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 88 | 13.68% | — | Oct 1968 | SPMPX vs ACSTX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 83 | 25.52% | — | Jun 1999 | SPMPX vs VSCAX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 45 | 8.47% | — | Feb 1988 | SPMPX vs MSIGX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 84 | 8.86% | — | Aug 1960 | SPMPX vs ACEIX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 75 | 14.22% | — | Jul 1997 | SPMPX vs VADDX |
Often Compared With SPMPX
Investors most often compare SPMPX with OPPAX, RYVIX, APWEX. These 17 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare SPMPX with Any Fund or Stock
Compare SPMPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPMPX with funds that move differently
Invesco SteelPath MLP Alpha Plus Fund Class R5 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPMPX.
Explore SPMPX Diversifiers