LPG vs. ENFR

Last updated Jun 25, 2026

LPG (Dorian LPG Ltd.) is a stock, while ENFR (Alerian Energy Infrastructure ETF) is Energy Equities fund tracking the Alerian Midstream Energy Select Index. Over the past 10 years, LPG returned 29.32%/yr vs 11.82%/yr for ENFR. At a 0.39 correlation, their price movements are largely independent.

Performance

LPG vs. ENFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dorian LPG Ltd. (LPG) and Alerian Energy Infrastructure ETF (ENFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LPG achieves a 71.84% return, which is significantly higher than ENFR's 23.18% return. Over the past 10 years, LPG has outperformed ENFR with an annualized return of 29.32%, while ENFR has yielded a comparatively lower 11.82% annualized return.

LPG

• 1D: -1.67%
• 1M: -14.08%
• YTD: 71.84%
• 6M: 73.27%
• 1Y: 77.99%
• 3Y*: 31.62%
• 5Y*: 43.48%
• 10Y*: 29.32%

ENFR

• 1D: -1.40%
• 1M: -5.86%
• YTD: 23.18%
• 6M: 23.40%
• 1Y: 25.06%
• 3Y*: 28.30%
• 5Y*: 19.73%
• 10Y*: 11.82%

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

LPG vs. ENFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LPG Dorian LPG Ltd.	71.84%	9.75%	-37.80%	171.42%	109.62%	12.71%	-21.25%	165.52%	-29.08%	0.12%
ENFR Alerian Energy Infrastructure ETF	23.18%	5.88%	42.17%	15.63%	17.48%	39.97%	-24.14%	21.60%	-18.67%	-0.19%

Correlation

The correlation between LPG and ENFR is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.38
Correlation (All Time) Calculated using the full available price history since May 8, 2014	0.39

Over the past year, the correlation between LPG and ENFR has dropped to 0.16 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.

Return for Risk

LPG vs. ENFR — Risk / Return Rank

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

LPG

LPG Risk / Return Rank: 85
LPG Sharpe Ratio Rank: 89
LPG Sortino Ratio Rank: 85
LPG Omega Ratio Rank: 83
LPG Calmar Ratio Rank: 85
LPG Martin Ratio Rank: 82

ENFR

ENFR Risk / Return Rank: 55
ENFR Sharpe Ratio Rank: 56
ENFR Sortino Ratio Rank: 54
ENFR Omega Ratio Rank: 51
ENFR Calmar Ratio Rank: 65
ENFR Martin Ratio Rank: 48

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.

LPG vs. ENFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dorian LPG Ltd. (LPG) and Alerian Energy Infrastructure ETF (ENFR). 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.

	LPG	ENFR	Difference
Sharpe ratio: Return per unit of total volatility	1.96	1.69	+0.27
Sortino ratio: Return per unit of downside risk	2.60	2.35	+0.25
Omega ratio: Gain probability vs. loss probability	1.32	1.29	+0.03
Calmar ratio: Return relative to maximum drawdown	3.14	2.91	+0.22
Martin ratio: Return relative to average drawdown	6.58	7.39	-0.81

LPG vs. ENFR - Sharpe Ratio Comparison

The current LPG Sharpe Ratio is 1.96, which is comparable to the ENFR Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of LPG and ENFR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LPG vs. ENFR - Drawdown Comparison

The maximum LPG drawdown since its inception was -78.31%, which is greater than ENFR's maximum drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for LPG and ENFR.

Drawdown Indicators

	LPG	ENFR	Difference
Max Drawdown Largest peak-to-trough decline	-78.31%	-68.28%	-10.03%
Max Drawdown (1Y) Largest decline over 1 year	-24.99%	-8.64%	-16.35%
Max Drawdown (3Y) Largest decline over 3 years	-62.89%	-15.58%	-47.31%
Max Drawdown (5Y) Largest decline over 5 years	-62.89%	-20.29%	-42.60%
Max Drawdown (10Y) Largest decline over 10 years	-62.89%	-62.64%	-0.25%
Current Drawdown Current decline from peak	-16.35%	-6.04%	-10.31%
Average Drawdown Average peak-to-trough decline	-42.61%	-15.93%	-26.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.89%	3.40%	+8.49%

Volatility

LPG vs. ENFR - Volatility Comparison

Dorian LPG Ltd. (LPG) has a higher volatility of 12.29% compared to Alerian Energy Infrastructure ETF (ENFR) at 5.68%. This indicates that LPG's price experiences larger fluctuations and is considered to be riskier than ENFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LPG	ENFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.29%	5.68%	+6.61%
Volatility (6M) Calculated over the trailing 6-month period	31.40%	11.71%	+19.69%
Volatility (1Y) Calculated over the trailing 1-year period	39.99%	14.91%	+25.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.51%	19.26%	+24.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.26%	24.68%	+23.58%

Dividends

LPG vs. ENFR - Dividend Comparison

LPG's dividend yield for the trailing twelve months is around 7.39%, more than ENFR's 4.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENFR Alerian Energy Infrastructure ETF	4.07%	4.77%	4.41%	5.48%	5.23%	7.86%	7.57%	5.81%	3.98%	2.98%	3.31%	3.34%
LPG Dorian LPG Ltd.	7.39%	10.07%	16.41%	9.12%	29.02%	7.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LPG and ENFR in my portfolio?

LPG and ENFR have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LPG or ENFR?

LPG has higher volatility (12.29%) compared to ENFR (5.68%). In terms of maximum drawdown, LPG dropped -78.31% vs ENFR's -68.28%.

Which has better risk-adjusted returns?

LPG currently has the higher Sharpe Ratio (1.96 vs 1.69), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.