ILIT vs. MLPI
ILIT (Ishares Lithium Miners And Producers ETF) and MLPI (Neos MLP & Energy Infrastructure High Income ETF) are both Energy Equities funds. ILIT is passively managed, while MLPI is actively managed. At a correlation of -0.04, they often move in opposite directions. ILIT charges 0.47%/yr vs 0.68%/yr for MLPI.
Performance
ILIT vs. MLPI - Performance Comparison
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Returns By Period
In the year-to-date period, ILIT achieves a 25.82% return, which is significantly higher than MLPI's 17.58% return.
ILIT
- 1D
- -3.77%
- 1M
- -12.04%
- YTD
- 25.82%
- 6M
- 35.19%
- 1Y
- 181.76%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MLPI
- 1D
- 0.04%
- 1M
- -3.13%
- YTD
- 17.58%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ILIT vs. MLPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ILIT Ishares Lithium Miners And Producers ETF | 25.82% | 5.43% |
MLPI Neos MLP & Energy Infrastructure High Income ETF | 17.58% | 0.56% |
Correlation
The correlation between ILIT and MLPI is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 19, 2025 | -0.04 |
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Return for Risk
ILIT vs. MLPI — Risk / Return Rank
ILIT
MLPI
ILIT vs. MLPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lithium Miners And Producers ETF (ILIT) and Neos MLP & Energy Infrastructure High Income ETF (MLPI). 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.
| ILIT | MLPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.47 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 8.00 | — | — |
| Martin ratioReturn relative to average drawdown | 22.21 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ILIT | MLPI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.74 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.09 | 3.49 | -3.58 |
Drawdowns
ILIT vs. MLPI - Drawdown Comparison
The maximum ILIT drawdown since its inception was -73.69%, which is greater than MLPI's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for ILIT and MLPI.
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Drawdown Indicators
| ILIT | MLPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.69% | -5.38% | -68.31% |
Max Drawdown (1Y)Largest decline over 1 year | -22.86% | — | — |
Current DrawdownCurrent decline from peak | -17.69% | -3.84% | -13.85% |
Average DrawdownAverage peak-to-trough decline | -45.87% | -1.27% | -44.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.22% | — | — |
Volatility
ILIT vs. MLPI - Volatility Comparison
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Volatility by Period
| ILIT | MLPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.95% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 33.28% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 48.97% | 13.05% | +35.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.58% | 13.05% | +28.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.58% | 13.05% | +28.53% |
ILIT vs. MLPI - Expense Ratio Comparison
ILIT has a 0.47% expense ratio, which is lower than MLPI's 0.68% expense ratio.
Dividends
ILIT vs. MLPI - Dividend Comparison
ILIT's dividend yield for the trailing twelve months is around 1.81%, less than MLPI's 6.04% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ILIT Ishares Lithium Miners And Producers ETF | 1.81% | 2.27% | 6.48% | 0.69% |
MLPI Neos MLP & Energy Infrastructure High Income ETF | 6.04% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ILIT and MLPI have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ILIT is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ILIT is cheaper with a 0.47% expense ratio, compared with 0.68% for MLPI.
MLPI has the higher dividend yield at 6.04%, compared with 1.81% for ILIT.
They also come from different issuers: iShares and Neos. Their fees differ too: 0.47% for ILIT and 0.68% for MLPI.
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