GLDI.L vs. MPLX

Last updated Apr 2, 2026

Compare and contrast key facts about IncomeShares Gold+ Yield ETP (GLDI.L) and MPLX LP (MPLX).

GLDI.L is an actively managed fund by Leverage Shares. It was launched on Jul 22, 2024.

Performance

GLDI.L vs. MPLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares Gold+ Yield ETP (GLDI.L) and MPLX LP (MPLX). The values are adjusted to include any dividend payments, if applicable.

GLDI.L vs. MPLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GLDI.L IncomeShares Gold+ Yield ETP	4.22%	61.04%	6.19%
MPLX MPLX LP	6.83%	20.54%	15.93%

Returns By Period

In the year-to-date period, GLDI.L achieves a 4.22% return, which is significantly lower than MPLX's 6.83% return.

GLDI.L

• 1D: 1.49%
• 1M: -10.80%
• YTD: 4.22%
• 6M: 15.14%
• 1Y: 39.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MPLX

• 1D: -2.02%
• 1M: -5.44%
• YTD: 6.83%
• 6M: 17.17%
• 1Y: 12.76%
• 3Y*: 27.71%
• 5Y*: 27.38%
• 10Y*: 16.95%

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

Return for Risk

GLDI.L vs. MPLX — Risk / Return Rank

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

GLDI.L

GLDI.L Risk / Return Rank: 81
GLDI.L Sharpe Ratio Rank: 85
GLDI.L Sortino Ratio Rank: 80
GLDI.L Omega Ratio Rank: 82
GLDI.L Calmar Ratio Rank: 80
GLDI.L Martin Ratio Rank: 79

MPLX

MPLX Risk / Return Rank: 61
MPLX Sharpe Ratio Rank: 64
MPLX Sortino Ratio Rank: 55
MPLX Omega Ratio Rank: 54
MPLX Calmar Ratio Rank: 62
MPLX Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GLDI.L vs. MPLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Gold+ Yield ETP (GLDI.L) 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.

	GLDI.L	MPLX	Difference
Sharpe ratio Return per unit of total volatility	1.78	0.68	+1.10
Sortino ratio Return per unit of downside risk	2.16	1.01	+1.15
Omega ratio Gain probability vs. loss probability	1.33	1.13	+0.20
Calmar ratio Return relative to maximum drawdown	2.42	0.97	+1.44
Martin ratio Return relative to average drawdown	9.35	3.47	+5.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLDI.L vs. MPLX - Sharpe Ratio Comparison

The current GLDI.L Sharpe Ratio is 1.78, which is higher than the MPLX Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of GLDI.L and MPLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GLDI.L	MPLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.78	0.68	+1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.41	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.15	0.39	+1.76

Correlation

The correlation between GLDI.L and MPLX is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

GLDI.L vs. MPLX - Dividend Comparison

GLDI.L's dividend yield for the trailing twelve months is around 11.38%, more than MPLX's 7.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLDI.L IncomeShares Gold+ Yield ETP	11.38%	9.15%	1.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MPLX MPLX LP	7.27%	7.39%	7.33%	8.65%	8.80%	11.30%	12.70%	10.41%	8.22%	6.23%	5.86%	4.33%

Drawdowns

GLDI.L vs. MPLX - Drawdown Comparison

The maximum GLDI.L drawdown since its inception was -16.47%, smaller than the maximum MPLX drawdown of -85.72%. Use the drawdown chart below to compare losses from any high point for GLDI.L and MPLX.

Drawdown Indicators

	GLDI.L	MPLX	Difference
Max Drawdown Largest peak-to-trough decline	-16.47%	-85.72%	+69.25%
Max Drawdown (1Y) Largest decline over 1 year	-16.47%	-13.38%	-3.09%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-75.21%	—
Current Drawdown Current decline from peak	-10.80%	-5.49%	-5.31%
Average Drawdown Average peak-to-trough decline	-2.54%	-30.32%	+27.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.26%	3.76%	+0.50%

Volatility

GLDI.L vs. MPLX - Volatility Comparison

IncomeShares Gold+ Yield ETP (GLDI.L) has a higher volatility of 9.84% compared to MPLX LP (MPLX) at 4.39%. This indicates that GLDI.L'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.

Volatility by Period

	GLDI.L	MPLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.84%	4.39%	+5.45%
Volatility (6M) Calculated over the trailing 6-month period	19.29%	11.36%	+7.93%
Volatility (1Y) Calculated over the trailing 1-year period	22.10%	18.97%	+3.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.85%	19.55%	-0.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.85%	30.91%	-12.06%