ILIT vs. MLPI
ILIT (Ishares Lithium Miners And Producers ETF) and MLPI (NEOS MLP & Energy Infrastructure High Income ETF) are both exchange-traded funds - ILIT is a Lithium & Battery Metals fund tracking the STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net, while MLPI is a Infrastructure Equities fund actively managed by Neos. ILIT is passively managed, while MLPI is actively managed. Their -0.09 correlation means they have often moved in opposite directions in the past. 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 -12.80% return, which is significantly lower than MLPI's 17.83% return.
ILIT
- 1D
- 1.04%
- 1M
- -21.07%
- 6M
- -17.72%
- YTD
- -12.80%
- 1Y
- 60.15%
- 3Y*
- -13.40%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -14.33%
MLPI
- 1D
- -0.28%
- 1M
- -0.32%
- 6M
- 11.98%
- YTD
- 17.83%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $172.10K | $273.29K | $648.98K | |
| $22.33M | $21.99M | $19.61M |
ILIT vs. MLPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ILIT Ishares Lithium Miners And Producers ETF | -12.80% | 5.65% |
MLPI NEOS MLP & Energy Infrastructure High Income ETF | 17.83% | 0.36% |
Correlation
The correlation between ILIT and MLPI is -0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 18, 2025 | -0.09 |
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Return for Risk
ILIT vs. MLPI — Risk / Return Rank
ILIT
MLPI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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.
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.
| ILIT | MLPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.22 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | — | — |
| Martin ratioReturn relative to average drawdown | 3.91 | — | — |
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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 | -43.92% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -70.05% | — | — |
Current DrawdownCurrent decline from peak | -42.95% | -3.63% | -39.32% |
Average DrawdownAverage peak-to-trough decline | -45.08% | -1.65% | -43.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.45% | — | — |
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 | 11.17% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 33.89% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 50.66% | 13.28% | +37.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.98% | 13.28% | +28.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.98% | 13.28% | +28.70% |
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 2.36%, less than MLPI's 8.65% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ILIT Ishares Lithium Miners And Producers ETF | 2.36% | 2.27% | 6.48% | 0.69% |
MLPI NEOS MLP & Energy Infrastructure High Income ETF | 8.65% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ILIT and MLPI have a correlation of -0.09, 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 8.65%, compared with 2.36% for ILIT.
ILIT is categorized as Lithium & Battery Metals, while MLPI is Infrastructure Equities. 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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