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 9.41%/yr vs 16.18%/yr for MPLX. Their 0.47 correlation means their historical movements had little consistent relationship.
Performance
BGR vs. MPLX - Performance Comparison
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Returns By Period
In the year-to-date period, BGR achieves a 27.65% return, which is significantly higher than MPLX's 13.84% return. Over the past 10 years, BGR has underperformed MPLX with an annualized return of 9.41%, while MPLX has yielded a comparatively higher 16.18% annualized return.
BGR
- 1D
- 1.10%
- 1M
- 11.30%
- 6M
- 10.63%
- YTD
- 27.65%
- 1Y
- 35.24%
- 3Y*
- 18.40%
- 5Y*
- 21.22%
- 10Y*
- 9.41%
- ALL TIME*
- 6.36%
MPLX
- 1D
- 1.46%
- 1M
- 2.26%
- 6M
- 8.69%
- YTD
- 13.84%
- 1Y
- 21.94%
- 3Y*
- 28.15%
- 5Y*
- 26.27%
- 10Y*
- 16.18%
- ALL TIME*
- 14.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.25M | $1.34M | $1.60M | |
MPLX MPLX LP | $99.98M | $86.91M | $97.76M |
BGR vs. MPLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BGR BlackRock Energy and Resources Trust | 27.65% | 17.34% | 8.07% | 5.73% | 38.90% | 40.25% | -34.78% | 23.32% | -21.21% | 5.18% |
MPLX MPLX LP | 13.84% | 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 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.36 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.49 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.52 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2012 | 0.47 |
Over the past year, the correlation between BGR and MPLX has dropped to 0.26 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
Fundamentals
BGR:
$421.30M
MPLX:
$59.31B
BGR:
$2.14
MPLX:
$6.94
BGR:
7.72
MPLX:
8.43
BGR:
0.25
MPLX:
0.58
BGR:
12.33
MPLX:
3.16
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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BGR | MPLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.22 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 2.66 | -0.32 |
| Martin ratioReturn relative to average drawdown | 6.96 | 6.14 | +0.82 |
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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 | -14.50% | -7.71% | -6.79% |
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 | -2.49% | -1.27% | -1.22% |
Average DrawdownAverage peak-to-trough decline | -20.16% | -29.68% | +9.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.88% | 3.33% | +1.55% |
Volatility
BGR vs. MPLX - Volatility Comparison
BlackRock Energy and Resources Trust (BGR) and MPLX LP (MPLX) have volatilities of 5.35% and 5.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. 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 | 5.35% | 5.31% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 17.79% | 11.75% | +6.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.61% | 16.45% | +4.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.59% | 18.96% | +3.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.85% | 30.42% | -3.57% |
Dividends
BGR vs. MPLX - Dividend Comparison
BGR's dividend yield for the trailing twelve months is around 7.05%, less than MPLX's 7.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGR BlackRock Energy and Resources Trust | 7.05% | 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 | 7.16% | 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 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BGR has higher volatility (5.35%) compared to MPLX (5.31%). In terms of maximum drawdown, BGR dropped -72.74% vs MPLX's -85.72%.
BGR currently has the higher Sharpe Ratio (1.65 vs 1.25), 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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