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 MLPs fund actively managed by NEOS. ILIT is passively managed, while MLPI is actively managed. At a correlation of -0.12, 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 -5.59% return, which is significantly lower than MLPI's 20.53% return.
ILIT
- 1D
- -3.92%
- 1M
- -25.26%
- 6M
- -19.17%
- YTD
- -5.59%
- 1Y
- 75.05%
- 3Y*
- -14.39%
- 5Y*
- —
- 10Y*
- —
MLPI
- 1D
- 1.17%
- 1M
- 1.14%
- 6M
- 21.89%
- YTD
- 20.53%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ILIT vs. MLPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ILIT Ishares Lithium Miners And Producers ETF | -5.59% | 5.65% |
MLPI NEOS MLP & Energy Infrastructure High Income ETF | 20.53% | 0.36% |
Correlation
The correlation between ILIT and MLPI is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 18, 2025 | -0.12 |
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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 | 1.25 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | — | — |
| Martin ratioReturn relative to average drawdown | 6.41 | — | — |
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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 | -37.91% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -73.27% | — | — |
Current DrawdownCurrent decline from peak | -38.24% | -1.42% | -36.82% |
Average DrawdownAverage peak-to-trough decline | -45.14% | -1.59% | -43.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.74% | — | — |
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 | 14.66% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 35.14% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 50.96% | 13.34% | +37.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.05% | 13.34% | +28.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.05% | 13.34% | +28.71% |
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 2.18%, less than MLPI's 7.14% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ILIT Ishares Lithium Miners And Producers ETF | 2.18% | 2.27% | 6.48% | 0.69% |
MLPI NEOS MLP & Energy Infrastructure High Income ETF | 7.14% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ILIT and MLPI have a correlation of -0.12, 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 7.14%, compared with 2.18% for ILIT.
ILIT is categorized as Lithium & Battery Metals, while MLPI is MLPs. 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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