ECO vs. MLPX

Last updated Aug 6, 2026

ECO (Okeanis Eco Tankers Corp) is a stock, while MLPX (Global X MLP & Energy Infrastructure ETF) is Infrastructure Equities fund tracking the Solactive MLP & Energy Infrastructure Index. Over the past year, ECO returned 166.02% vs 23.99% for MLPX. Their 0.21 correlation means their historical movements had little consistent relationship.

Performance

ECO vs. MLPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Okeanis Eco Tankers Corp (ECO) and Global X MLP & Energy Infrastructure ETF (MLPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ECO achieves a 91.50% return, which is significantly higher than MLPX's 23.25% return.

ECO

• 1D: 2.35%
• 1M: 13.63%
• 6M: 65.57%
• YTD: 91.50%
• 1Y: 166.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 48.70%

MLPX

• 1D: -1.55%
• 1M: 0.23%
• 6M: 12.61%
• YTD: 23.25%
• 1Y: 23.99%
• 3Y*: 25.40%
• 5Y*: 22.40%
• 10Y*: 11.74%
• ALL TIME*: 9.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ECO Okeanis Eco Tankers Corp	$28.46M	$26.16M	$26.34M
MLPX Global X MLP & Energy Infrastructure ETF	$37.87M	$35.74M	$31.49M

ECO vs. MLPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ECO Okeanis Eco Tankers Corp	91.50%	71.94%	-11.70%	-1.25%
MLPX Global X MLP & Energy Infrastructure ETF	23.25%	4.96%	42.90%	1.92%

Correlation

The correlation between ECO and MLPX is 0.11, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.11
Correlation (All Time) Calculated using the full available price history since Dec 8, 2023	0.21

The correlation between ECO and MLPX shifts across timeframes, from 0.11 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ECO vs. MLPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ECO

ECO Risk / Return Rank: 98
ECO Sharpe Ratio Rank: 99
ECO Sortino Ratio Rank: 97
ECO Omega Ratio Rank: 96
ECO Calmar Ratio Rank: 98
ECO Martin Ratio Rank: 98

MLPX

MLPX Risk / Return Rank: 57
MLPX Sharpe Ratio Rank: 55
MLPX Sortino Ratio Rank: 55
MLPX Omega Ratio Rank: 50
MLPX Calmar Ratio Rank: 74
MLPX Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ECO vs. MLPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Okeanis Eco Tankers Corp (ECO) and Global X MLP & Energy Infrastructure ETF (MLPX). 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.

	ECO	MLPX	Difference
Sharpe ratio: Return per unit of total volatility	4.04	1.53	+2.51
Sortino ratio: Return per unit of downside risk	4.25	2.18	+2.06
Omega ratio: Gain probability vs. loss probability	1.51	1.26	+0.25
Calmar ratio: Return relative to maximum drawdown	9.46	2.95	+6.51
Martin ratio: Return relative to average drawdown	26.55	6.86	+19.69

ECO vs. MLPX - Sharpe Ratio Comparison

The current ECO Sharpe Ratio is 4.04, which is higher than the MLPX Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of ECO and MLPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ECO vs. MLPX - Drawdown Comparison

The maximum ECO drawdown since its inception was -46.15%, smaller than the maximum MLPX drawdown of -70.67%. Use the drawdown chart below to compare losses from any high point for ECO and MLPX.

Drawdown Indicators

	ECO	MLPX	Difference
Max Drawdown Largest peak-to-trough decline	-46.15%	-70.67%	+24.52%
Max Drawdown (1Y) Largest decline over 1 year	-17.66%	-8.18%	-9.48%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.72%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-64.70%	—
Current Drawdown Current decline from peak	-1.24%	-5.94%	+4.70%
Average Drawdown Average peak-to-trough decline	-14.52%	-16.46%	+1.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.29%	3.51%	+2.78%

Volatility

ECO vs. MLPX - Volatility Comparison

Okeanis Eco Tankers Corp (ECO) has a higher volatility of 13.14% compared to Global X MLP & Energy Infrastructure ETF (MLPX) at 4.81%. This indicates that ECO's price experiences larger fluctuations and is considered to be riskier than MLPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ECO	MLPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.14%	4.81%	+8.33%
Volatility (6M) Calculated over the trailing 6-month period	31.50%	12.43%	+19.07%
Volatility (1Y) Calculated over the trailing 1-year period	41.63%	15.79%	+25.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.19%	19.90%	+22.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.19%	26.13%	+16.06%

Dividends

ECO vs. MLPX - Dividend Comparison

ECO's dividend yield for the trailing twelve months is around 8.25%, more than MLPX's 4.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ECO Okeanis Eco Tankers Corp	8.25%	6.26%	15.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MLPX Global X MLP & Energy Infrastructure ETF	4.16%	4.88%	4.30%	5.22%	5.23%	5.98%	8.32%	5.78%	5.77%	4.36%	5.50%	4.81%

Frequently Asked Questions

Can I hold both ECO and MLPX in my portfolio?

ECO and MLPX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ECO or MLPX?

ECO has higher volatility (13.14%) compared to MLPX (4.81%). In terms of maximum drawdown, ECO dropped -46.15% vs MLPX's -70.67%.

Which has better risk-adjusted returns?

ECO currently has the higher Sharpe Ratio (4.04 vs 1.53), 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.