GLPIX vs. AMLP
Compare and contrast key facts about Goldman Sachs MLP Energy Infrastructure Fund (GLPIX) and Alerian MLP ETF (AMLP).
GLPIX is managed by Goldman Sachs. It was launched on Mar 27, 2013. AMLP is a passively managed fund by SS&C that tracks the performance of the Alerian MLP Infrastructure Index. It was launched on Aug 23, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLPIX or AMLP.
Correlation
The correlation between GLPIX and AMLP is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GLPIX vs. AMLP - Performance Comparison
Key characteristics
GLPIX:
2.12
AMLP:
1.64
GLPIX:
2.87
AMLP:
2.28
GLPIX:
1.38
AMLP:
1.28
GLPIX:
3.70
AMLP:
2.82
GLPIX:
12.39
AMLP:
8.53
GLPIX:
2.35%
AMLP:
2.76%
GLPIX:
13.74%
AMLP:
14.38%
GLPIX:
-75.37%
AMLP:
-77.19%
GLPIX:
-1.45%
AMLP:
-1.30%
Returns By Period
In the year-to-date period, GLPIX achieves a 7.70% return, which is significantly lower than AMLP's 9.41% return. Over the past 10 years, GLPIX has outperformed AMLP with an annualized return of 5.24%, while AMLP has yielded a comparatively lower 3.57% annualized return.
GLPIX
7.70%
-0.07%
15.31%
27.10%
19.12%
5.24%
AMLP
9.41%
1.43%
14.45%
21.64%
15.94%
3.57%
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GLPIX vs. AMLP - Expense Ratio Comparison
GLPIX has a 1.20% expense ratio, which is higher than AMLP's 0.90% expense ratio.
Risk-Adjusted Performance
GLPIX vs. AMLP — Risk-Adjusted Performance Rank
GLPIX
AMLP
GLPIX vs. AMLP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MLP Energy Infrastructure Fund (GLPIX) and Alerian MLP ETF (AMLP). 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.
Dividends
GLPIX vs. AMLP - Dividend Comparison
GLPIX's dividend yield for the trailing twelve months is around 6.13%, less than AMLP's 7.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLPIX Goldman Sachs MLP Energy Infrastructure Fund | 6.13% | 6.60% | 6.70% | 6.00% | 6.27% | 19.19% | 8.67% | 8.02% | 7.48% | 8.33% | 13.25% | 8.59% |
AMLP Alerian MLP ETF | 7.35% | 7.70% | 7.86% | 7.70% | 8.55% | 12.31% | 9.12% | 9.30% | 7.97% | 8.09% | 9.84% | 6.45% |
Drawdowns
GLPIX vs. AMLP - Drawdown Comparison
The maximum GLPIX drawdown since its inception was -75.37%, roughly equal to the maximum AMLP drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for GLPIX and AMLP. For additional features, visit the drawdowns tool.
Volatility
GLPIX vs. AMLP - Volatility Comparison
Goldman Sachs MLP Energy Infrastructure Fund (GLPIX) has a higher volatility of 5.77% compared to Alerian MLP ETF (AMLP) at 4.95%. This indicates that GLPIX's price experiences larger fluctuations and is considered to be riskier than AMLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.