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 87 mutual funds in the Energy Equities category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Energy Index Fund Admiral Shares | 0.10% | 11.80B | Oct 2004 | SPMPX vs VENAX | |
| Vanguard Energy Fund Admiral Shares | 0.33% | 7.10B | Nov 2001 | SPMPX vs VGELX | |
| Vanguard Energy Opportunities Fund Investor Shares | 0.45% | 7.10B | 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 67. There are 29 mutual funds in the Energy Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 97 | — | Dec 2013 | SPMPX vs MLOZX | |
| Victory Global Energy Transition Fund Class Y | 94 | — | May 2007 | SPMPX vs RSNYX | |
| Victory Global Energy Transition Fund | 94 | — | Nov 1995 | SPMPX vs RSNRX | |
| Delaware Ivy Energy Fund | 88 | — | Apr 2006 | SPMPX vs IEYYX | |
| EIP Growth and Income Fund (NEW) | 88 | — | Aug 2006 | SPMPX vs EIPIX |
Top Performing SPMPX Alternatives (YTD)
SPMPX is at 27.74% YTD. There are 9 mutual funds in the Energy Equities category with higher YTD returns, going as high as 55.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Oil Equipment & Services UltraSector ProFund | 55.57% | — | Jun 2006 | SPMPX vs OEPIX | |
| NXG Cushing® Midstream Energy Fund | 36.07% | — | Aug 2007 | SPMPX vs SRV | |
| Rydex Energy Services Fund | 34.99% | — | Mar 1998 | SPMPX vs RYVIX | |
| Recurrent MLP & Infrastructure Fund | 33.65% | — | Nov 2017 | SPMPX vs RMLPX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 32.43% | — | Dec 2013 | SPMPX vs MLOZX |
Lowest Volatility Alternatives to SPMPX
SPMPX has 16.70% 1-year volatility. There are 46 mutual funds in the Energy Equities category with lower 1-year volatility, going as low as 7.65%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | 7.65% | — | Dec 2016 | SPMPX vs PAXDX | |
| Saratoga Energy & Basic Materials Fund | 9.77% | — | Oct 1997 | SPMPX vs SBMBX | |
| JHancock Infrastructure Fund | 10.04% | — | Dec 2013 | SPMPX vs JEEIX | |
| Cohen & Steers Global Infrastructure Fund, Inc. | 10.09% | — | May 2004 | SPMPX vs CSUIX | |
| Centre Global Infrastructure Fund | 10.15% | — | Jan 2018 | SPMPX vs DHIVX |
Lowest Drawdown Alternatives to SPMPX
SPMPX has a 1-year max drawdown of -8.79%. There are 42 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 (NEW) | -4.51% | — | Aug 2006 | SPMPX vs EIPIX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | -4.71% | — | Dec 2013 | SPMPX vs MLOZX | |
| Goldman Sachs Global Infrastructure Fund | -5.59% | — | Jun 2016 | SPMPX vs GGINX | |
| Saratoga Energy & Basic Materials Fund | -5.66% | — | Oct 1997 | SPMPX vs SBMBX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, VAFAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 59 | 18.33% | — | Oct 2020 | SPMPX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 44 | 12.58% | — | — | SPMPX vs VADAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 12 | 8.27% | — | Jun 2005 | SPMPX vs VAFAX | |
| Invesco Gold & Special Minerals Fund | Gold, Precious Metals | 25 | -10.19% | — | Jul 1983 | SPMPX vs OPGSX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 80 | 20.03% | — | Jun 2001 | SPMPX vs VVOAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 68 | 12.28% | — | Oct 1968 | SPMPX vs ACSTX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 35 | 7.85% | — | Feb 1988 | SPMPX vs MSIGX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 79 | 27.70% | — | Jun 1999 | SPMPX vs VSCAX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 66 | 7.57% | — | Aug 1960 | SPMPX vs ACEIX | |
| Invesco Global Fund | Global Equities | 19 | 8.22% | — | Dec 1969 | SPMPX vs OPPAX |
Often Compared With SPMPX
Investors most often compare SPMPX with APWEX, FRNRX, GOFIX. These 8 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Cavanal Hill World Energy Fund | Energy Equities | 64 | 25.21% | — | Feb 2014 | SPMPX vs APWEX | |
| Franklin Natural Resources Fund | Energy Equities | 83 | 16.40% | — | Jun 1995 | SPMPX vs FRNRX | |
| GMO Resources Fund | Energy Equities | 71 | 18.58% | — | Dec 2011 | SPMPX vs GOFIX | |
| Russell Investments Global Infrastructure Fund | Energy Equities | 58 | 11.07% | — | Sep 2010 | SPMPX vs RGIYX | |
| Rydex Energy Fund | Energy Equities | 51 | 26.34% | — | Apr 1998 | SPMPX vs RYEIX | |
| Guinness Atkinson Global Energy Fund | Energy Equities | 56 | 25.89% | — | Jun 2004 | SPMPX vs GAGEX | |
| Fidelity Select Energy Portfolio | Energy Equities | 62 | 30.30% | — | Jul 1981 | SPMPX vs FSENX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 45 | 12.75% | — | Jul 1997 | SPMPX vs VADDX |
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