BGR vs. MPLX
BGR (BlackRock Energy and Resources Trust) and MPLX (MPLX LP) are both stocks. BGR operates in Asset Management (Financial Services), while MPLX operates in Oil & Gas Midstream (Energy). Over the past 10 years, BGR returned 8.56%/yr vs 14.99%/yr for MPLX. At a 0.47 correlation, their price movements are largely independent.
Performance
BGR vs. MPLX - Performance Comparison
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Returns By Period
In the year-to-date period, BGR achieves a 22.44% return, which is significantly higher than MPLX's 7.63% return. Over the past 10 years, BGR has underperformed MPLX with an annualized return of 8.56%, while MPLX has yielded a comparatively higher 14.99% annualized return.
BGR
- 1D
- 0.63%
- 1M
- -3.95%
- YTD
- 22.44%
- 6M
- 19.36%
- 1Y
- 37.77%
- 3Y*
- 18.67%
- 5Y*
- 17.50%
- 10Y*
- 8.56%
MPLX
- 1D
- -0.75%
- 1M
- -1.46%
- YTD
- 7.63%
- 6M
- 4.78%
- 1Y
- 15.40%
- 3Y*
- 27.99%
- 5Y*
- 24.22%
- 10Y*
- 14.99%
BGR vs. MPLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BGR BlackRock Energy and Resources Trust | 22.44% | 17.34% | 8.07% | 5.73% | 38.90% | 40.25% | -34.78% | 23.32% | -21.21% | 5.18% |
MPLX MPLX LP | 7.63% | 20.54% | 41.72% | 22.46% | 21.09% | 53.92% | -1.79% | -8.25% | -8.43% | 9.00% |
Correlation
The correlation between BGR and MPLX is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2012 | 0.47 |
The correlation between BGR and MPLX shifts across timeframes, from 0.28 (1 year) to 0.52 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
BGR:
$2.14
MPLX:
$6.16
BGR:
7.50
MPLX:
8.97
BGR:
0.25
MPLX:
0.62
BGR:
11.97
MPLX:
3.37
BGR:
$34.17M
MPLX:
$12.54B
BGR:
$32.15M
MPLX:
$7.52B
BGR:
$37.24M
MPLX:
$6.90B
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Return for Risk
BGR vs. MPLX — Risk / Return Rank
BGR
MPLX
BGR vs. MPLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Energy and Resources Trust (BGR) and MPLX LP (MPLX). 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.
| BGR | MPLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.17 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 3.88 | 2.01 | +1.87 |
| Martin ratioReturn relative to average drawdown | 11.91 | 4.73 | +7.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BGR | MPLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.95 | 0.99 | +0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 1.26 | -0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.49 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.39 | -0.18 |
Drawdowns
BGR vs. MPLX - Drawdown Comparison
The maximum BGR drawdown since its inception was -72.74%, smaller than the maximum MPLX drawdown of -85.72%. Use the drawdown chart below to compare losses from any high point for BGR and MPLX.
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Drawdown Indicators
| BGR | MPLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.74% | -85.72% | +12.98% |
Max Drawdown (1Y)Largest decline over 1 year | -9.79% | -7.71% | -2.08% |
Max Drawdown (3Y)Largest decline over 3 years | -18.25% | -14.58% | -3.67% |
Max Drawdown (5Y)Largest decline over 5 years | -24.81% | -18.46% | -6.35% |
Max Drawdown (10Y)Largest decline over 10 years | -66.16% | -75.21% | +9.05% |
Current DrawdownCurrent decline from peak | -6.47% | -4.79% | -1.68% |
Average DrawdownAverage peak-to-trough decline | -20.25% | -30.01% | +9.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.18% | 3.27% | -0.09% |
Volatility
BGR vs. MPLX - Volatility Comparison
BlackRock Energy and Resources Trust (BGR) has a higher volatility of 7.41% compared to MPLX LP (MPLX) at 5.51%. This indicates that BGR's price experiences larger fluctuations and is considered to be riskier than MPLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BGR | MPLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.41% | 5.51% | +1.90% |
Volatility (6M)Calculated over the trailing 6-month period | 17.41% | 11.65% | +5.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.50% | 15.59% | +3.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.87% | 19.40% | +3.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.85% | 30.66% | -3.81% |
Dividends
BGR vs. MPLX - Dividend Comparison
BGR's dividend yield for the trailing twelve months is around 7.27%, less than MPLX's 7.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGR BlackRock Energy and Resources Trust | 7.27% | 8.62% | 6.66% | 6.22% | 4.62% | 4.75% | 9.26% | 7.84% | 8.91% | 6.57% | 6.90% | 11.93% |
MPLX MPLX LP | 7.58% | 7.39% | 7.33% | 8.65% | 8.80% | 11.30% | 12.70% | 10.41% | 8.22% | 6.23% | 5.86% | 4.33% |
Financials
BGR vs. MPLX - Financials Comparison
This section allows you to compare key financial metrics between BlackRock Energy and Resources Trust and MPLX LP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
BGR and MPLX have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BGR has higher volatility (7.41%) compared to MPLX (5.51%). In terms of maximum drawdown, BGR dropped -72.74% vs MPLX's -85.72%.
BGR currently has the higher Sharpe Ratio (1.95 vs 0.99), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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