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CEFD vs. MLPR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CEFD and MLPR is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.5

Performance

CEFD vs. MLPR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN (CEFD) and ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%250.00%300.00%350.00%NovemberDecember2025FebruaryMarchApril
31.29%
293.58%
CEFD
MLPR

Key characteristics

Sharpe Ratio

CEFD:

0.46

MLPR:

0.57

Sortino Ratio

CEFD:

0.76

MLPR:

0.92

Omega Ratio

CEFD:

1.12

MLPR:

1.13

Calmar Ratio

CEFD:

0.44

MLPR:

0.73

Martin Ratio

CEFD:

2.08

MLPR:

2.82

Ulcer Index

CEFD:

4.83%

MLPR:

6.32%

Daily Std Dev

CEFD:

21.61%

MLPR:

31.15%

Max Drawdown

CEFD:

-36.95%

MLPR:

-48.98%

Current Drawdown

CEFD:

-12.60%

MLPR:

-11.90%

Returns By Period

In the year-to-date period, CEFD achieves a -4.54% return, which is significantly lower than MLPR's 6.17% return.


CEFD

YTD

-4.54%

1M

-5.78%

6M

-5.34%

1Y

11.77%

5Y*

N/A

10Y*

N/A

MLPR

YTD

6.17%

1M

-10.47%

6M

13.61%

1Y

17.36%

5Y*

N/A

10Y*

N/A

*Annualized

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CEFD vs. MLPR - Expense Ratio Comparison

Both CEFD and MLPR have an expense ratio of 0.95%.


Expense ratio chart for CEFD: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CEFD: 0.95%
Expense ratio chart for MLPR: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MLPR: 0.95%

Risk-Adjusted Performance

CEFD vs. MLPR — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CEFD
The Risk-Adjusted Performance Rank of CEFD is 5757
Overall Rank
The Sharpe Ratio Rank of CEFD is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of CEFD is 5353
Sortino Ratio Rank
The Omega Ratio Rank of CEFD is 6060
Omega Ratio Rank
The Calmar Ratio Rank of CEFD is 5656
Calmar Ratio Rank
The Martin Ratio Rank of CEFD is 6060
Martin Ratio Rank

MLPR
The Risk-Adjusted Performance Rank of MLPR is 6666
Overall Rank
The Sharpe Ratio Rank of MLPR is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of MLPR is 6161
Sortino Ratio Rank
The Omega Ratio Rank of MLPR is 6262
Omega Ratio Rank
The Calmar Ratio Rank of MLPR is 7575
Calmar Ratio Rank
The Martin Ratio Rank of MLPR is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CEFD vs. MLPR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN (CEFD) and ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR). 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.


The chart of Sharpe ratio for CEFD, currently valued at 0.46, compared to the broader market-1.000.001.002.003.004.00
CEFD: 0.46
MLPR: 0.57
The chart of Sortino ratio for CEFD, currently valued at 0.76, compared to the broader market-2.000.002.004.006.008.00
CEFD: 0.76
MLPR: 0.92
The chart of Omega ratio for CEFD, currently valued at 1.12, compared to the broader market0.501.001.502.002.50
CEFD: 1.12
MLPR: 1.13
The chart of Calmar ratio for CEFD, currently valued at 0.44, compared to the broader market0.002.004.006.008.0010.0012.00
CEFD: 0.44
MLPR: 0.73
The chart of Martin ratio for CEFD, currently valued at 2.08, compared to the broader market0.0020.0040.0060.00
CEFD: 2.08
MLPR: 2.82

The current CEFD Sharpe Ratio is 0.46, which is comparable to the MLPR Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of CEFD and MLPR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.46
0.57
CEFD
MLPR

Dividends

CEFD vs. MLPR - Dividend Comparison

CEFD's dividend yield for the trailing twelve months is around 16.35%, more than MLPR's 10.25% yield.


TTM20242023202220212020
CEFD
ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN
16.35%13.90%14.76%16.56%10.31%5.37%
MLPR
ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN
10.25%9.57%10.08%10.07%10.69%4.21%

Drawdowns

CEFD vs. MLPR - Drawdown Comparison

The maximum CEFD drawdown since its inception was -36.95%, smaller than the maximum MLPR drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for CEFD and MLPR. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-12.60%
-11.90%
CEFD
MLPR

Volatility

CEFD vs. MLPR - Volatility Comparison

The current volatility for ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN (CEFD) is 17.20%, while ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) has a volatility of 20.66%. This indicates that CEFD experiences smaller price fluctuations and is considered to be less risky than MLPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
17.20%
20.66%
CEFD
MLPR