ENFR vs. MPLX
ENFR (Alerian Energy Infrastructure ETF) is Energy Equities fund tracking the Alerian Midstream Energy Select Index, while MPLX (MPLX LP) is a stock. Over the past 10 years, ENFR returned 11.98%/yr vs 15.78%/yr for MPLX. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
ENFR vs. MPLX - Performance Comparison
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Returns By Period
In the year-to-date period, ENFR achieves a 24.93% return, which is significantly higher than MPLX's 12.34% return. Over the past 10 years, ENFR has underperformed MPLX with an annualized return of 11.98%, while MPLX has yielded a comparatively higher 15.78% annualized return.
ENFR
- 1D
- 1.51%
- 1M
- -4.52%
- YTD
- 24.93%
- 6M
- 25.03%
- 1Y
- 27.76%
- 3Y*
- 28.90%
- 5Y*
- 20.07%
- 10Y*
- 11.98%
MPLX
- 1D
- 1.37%
- 1M
- 2.14%
- YTD
- 12.34%
- 6M
- 11.05%
- 1Y
- 22.03%
- 3Y*
- 30.46%
- 5Y*
- 25.13%
- 10Y*
- 15.78%
ENFR vs. MPLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 24.93% | 5.88% | 42.17% | 15.63% | 17.48% | 39.97% | -24.14% | 21.60% | -18.67% | -0.19% |
MPLX MPLX LP | 12.34% | 20.54% | 41.72% | 22.46% | 21.09% | 53.92% | -1.79% | -8.25% | -8.43% | 9.00% |
Correlation
The correlation between ENFR and MPLX is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2013 | 0.65 |
The correlation between ENFR and MPLX shifts across timeframes, from 0.59 (1 year) to 0.72 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
ENFR vs. MPLX — Risk / Return Rank
ENFR
MPLX
ENFR vs. MPLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alerian Energy Infrastructure ETF (ENFR) 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.
| ENFR | MPLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.24 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.23 | 2.87 | +0.35 |
| Martin ratioReturn relative to average drawdown | 8.24 | 6.65 | +1.60 |
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Drawdowns
ENFR vs. MPLX - Drawdown Comparison
The maximum ENFR drawdown since its inception was -68.28%, smaller than the maximum MPLX drawdown of -85.72%. Use the drawdown chart below to compare losses from any high point for ENFR and MPLX.
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Drawdown Indicators
| ENFR | MPLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.28% | -85.72% | +17.44% |
Max Drawdown (1Y)Largest decline over 1 year | -8.64% | -7.71% | -0.93% |
Max Drawdown (3Y)Largest decline over 3 years | -15.58% | -14.58% | -1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -20.29% | -18.46% | -1.83% |
Max Drawdown (10Y)Largest decline over 10 years | -62.64% | -75.21% | +12.57% |
Current DrawdownCurrent decline from peak | -4.71% | -0.62% | -4.09% |
Average DrawdownAverage peak-to-trough decline | -15.94% | -29.90% | +13.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.38% | 3.32% | +0.06% |
Volatility
ENFR vs. MPLX - Volatility Comparison
Alerian Energy Infrastructure ETF (ENFR) has a higher volatility of 5.69% compared to MPLX LP (MPLX) at 4.86%. This indicates that ENFR'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
| ENFR | MPLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.69% | 4.86% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 11.60% | 11.30% | +0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.86% | 15.82% | -0.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.25% | 19.35% | -0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.68% | 30.62% | -5.94% |
Dividends
ENFR vs. MPLX - Dividend Comparison
ENFR's dividend yield for the trailing twelve months is around 4.02%, less than MPLX's 7.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 4.02% | 4.77% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% |
MPLX MPLX LP | 7.26% | 7.39% | 7.33% | 8.65% | 8.80% | 11.30% | 12.70% | 10.41% | 8.22% | 6.23% | 5.86% | 4.33% |
Frequently Asked Questions
ENFR and MPLX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENFR has higher volatility (5.69%) compared to MPLX (4.86%). In terms of maximum drawdown, ENFR dropped -68.28% vs MPLX's -85.72%.
ENFR currently has the higher Sharpe Ratio (1.88 vs 1.40), 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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