MLI vs. RAAX
MLI (Mueller Industries, Inc.) is a stock, while RAAX (VanEck Inflation Allocation ETF) is Diversified Portfolio fund actively managed by VanEck. Over the past 5 years, MLI returned 45.38%/yr vs 13.26%/yr for RAAX. At a 0.42 correlation, their price movements are largely independent.
Performance
MLI vs. RAAX - Performance Comparison
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Returns By Period
In the year-to-date period, MLI achieves a 20.69% return, which is significantly higher than RAAX's 16.55% return.
MLI
- 1D
- -0.25%
- 1M
- 1.23%
- YTD
- 20.69%
- 6M
- 20.88%
- 1Y
- 87.45%
- 3Y*
- 52.10%
- 5Y*
- 45.38%
- 10Y*
- 26.81%
RAAX
- 1D
- -0.92%
- 1M
- -2.75%
- YTD
- 16.55%
- 6M
- 16.67%
- 1Y
- 30.86%
- 3Y*
- 20.30%
- 5Y*
- 13.26%
- 10Y*
- —
MLI vs. RAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MLI Mueller Industries, Inc. | 20.69% | 46.29% | 70.51% | 62.38% | 1.05% | 70.95% | 12.30% | 37.79% | -9.65% |
RAAX VanEck Inflation Allocation ETF | 16.55% | 26.74% | 12.50% | 6.71% | 1.51% | 21.56% | -8.27% | 6.14% | -2.41% |
Correlation
The correlation between MLI and RAAX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2018 | 0.42 |
The correlation between MLI and RAAX shifts across timeframes, from 0.34 (1 year) to 0.44 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MLI vs. RAAX — Risk / Return Rank
MLI
RAAX
MLI vs. RAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mueller Industries, Inc. (MLI) and VanEck Inflation Allocation ETF (RAAX). 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.
| MLI | RAAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.40 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | 4.33 | -0.39 |
| Martin ratioReturn relative to average drawdown | 10.92 | 15.50 | -4.58 |
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Drawdowns
MLI vs. RAAX - Drawdown Comparison
The maximum MLI drawdown since its inception was -61.72%, which is greater than RAAX's maximum drawdown of -33.91%. Use the drawdown chart below to compare losses from any high point for MLI and RAAX.
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Drawdown Indicators
| MLI | RAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.72% | -33.91% | -27.81% |
Max Drawdown (1Y)Largest decline over 1 year | -22.33% | -7.17% | -15.16% |
Max Drawdown (3Y)Largest decline over 3 years | -27.79% | -11.59% | -16.20% |
Max Drawdown (5Y)Largest decline over 5 years | -27.79% | -23.55% | -4.24% |
Max Drawdown (10Y)Largest decline over 10 years | -52.95% | — | — |
Current DrawdownCurrent decline from peak | -1.93% | -4.66% | +2.73% |
Average DrawdownAverage peak-to-trough decline | -16.04% | -6.77% | -9.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.03% | 2.00% | +6.03% |
Volatility
MLI vs. RAAX - Volatility Comparison
Mueller Industries, Inc. (MLI) has a higher volatility of 10.51% compared to VanEck Inflation Allocation ETF (RAAX) at 4.71%. This indicates that MLI's price experiences larger fluctuations and is considered to be riskier than RAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MLI | RAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.51% | 4.71% | +5.80% |
Volatility (6M)Calculated over the trailing 6-month period | 25.79% | 12.23% | +13.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.06% | 14.21% | +15.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.07% | 15.71% | +17.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.79% | 15.79% | +20.00% |
Dividends
MLI vs. RAAX - Dividend Comparison
MLI's dividend yield for the trailing twelve months is around 0.87%, less than RAAX's 2.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLI Mueller Industries, Inc. | 0.87% | 0.87% | 1.01% | 1.27% | 1.69% | 0.88% | 1.14% | 1.26% | 1.71% | 9.60% | 0.94% | 1.11% |
RAAX VanEck Inflation Allocation ETF | 2.01% | 2.34% | 1.91% | 3.66% | 1.53% | 8.72% | 6.27% | 2.37% | 0.56% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MLI and RAAX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MLI has higher volatility (10.51%) compared to RAAX (4.71%). In terms of maximum drawdown, MLI dropped -61.72% vs RAAX's -33.91%.
MLI currently has the higher Sharpe Ratio (2.93 vs 2.19), 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.
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