MLI vs. RDIV

Last updated Jun 16, 2026

MLI (Mueller Industries, Inc.) is a stock, while RDIV (Invesco S&P Ultra Dividend Revenue ETF) is Mid Cap Value Equities fund tracking the S&P 900 Dividend Revenue-Weighted Index. Over the past 10 years, MLI returned 26.81%/yr vs 11.04%/yr for RDIV. A 0.59 correlation means they provide meaningful diversification when combined.

Performance

MLI vs. RDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mueller Industries, Inc. (MLI) and Invesco S&P Ultra Dividend Revenue ETF (RDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MLI achieves a 20.69% return, which is significantly higher than RDIV's 14.73% return. Over the past 10 years, MLI has outperformed RDIV with an annualized return of 26.81%, while RDIV has yielded a comparatively lower 11.04% annualized 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%

RDIV

• 1D: -1.73%
• 1M: 5.67%
• YTD: 14.73%
• 6M: 12.64%
• 1Y: 29.81%
• 3Y*: 18.46%
• 5Y*: 10.99%
• 10Y*: 11.04%

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

MLI vs. RDIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MLI Mueller Industries, Inc.	20.69%	46.29%	70.51%	62.38%	1.05%	70.95%	12.30%	37.79%	-33.10%	-2.76%
RDIV Invesco S&P Ultra Dividend Revenue ETF	14.73%	12.36%	15.17%	4.66%	7.16%	29.12%	-9.31%	22.62%	-4.78%	11.63%

Correlation

The correlation between MLI and RDIV is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since Oct 1, 2013	0.59

The correlation between MLI and RDIV shifts across timeframes, from 0.42 (1 year) to 0.62 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

MLI vs. RDIV — Risk / Return Rank

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

MLI

MLI Risk / Return Rank: 92
MLI Sharpe Ratio Rank: 95
MLI Sortino Ratio Rank: 93
MLI Omega Ratio Rank: 94
MLI Calmar Ratio Rank: 89
MLI Martin Ratio Rank: 89

RDIV

RDIV Risk / Return Rank: 84
RDIV Sharpe Ratio Rank: 78
RDIV Sortino Ratio Rank: 83
RDIV Omega Ratio Rank: 74
RDIV Calmar Ratio Rank: 94
RDIV Martin Ratio Rank: 89

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.

MLI vs. RDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mueller Industries, Inc. (MLI) and Invesco S&P Ultra Dividend Revenue ETF (RDIV). 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	RDIV	Difference
Sharpe ratio: Return per unit of total volatility	2.93	2.26	+0.67
Sortino ratio: Return per unit of downside risk	3.44	3.33	+0.11
Omega ratio: Gain probability vs. loss probability	1.50	1.39	+0.11
Calmar ratio: Return relative to maximum drawdown	3.94	6.18	-2.24
Martin ratio: Return relative to average drawdown	10.92	18.36	-7.44

MLI vs. RDIV - Sharpe Ratio Comparison

The current MLI Sharpe Ratio is 2.93, which is comparable to the RDIV Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of MLI and RDIV, 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

MLI vs. RDIV - Drawdown Comparison

The maximum MLI drawdown since its inception was -61.72%, which is greater than RDIV's maximum drawdown of -49.97%. Use the drawdown chart below to compare losses from any high point for MLI and RDIV.

Drawdown Indicators

	MLI	RDIV	Difference
Max Drawdown Largest peak-to-trough decline	-61.72%	-49.97%	-11.75%
Max Drawdown (1Y) Largest decline over 1 year	-22.33%	-4.84%	-17.49%
Max Drawdown (3Y) Largest decline over 3 years	-27.79%	-17.91%	-9.88%
Max Drawdown (5Y) Largest decline over 5 years	-27.79%	-24.89%	-2.90%
Max Drawdown (10Y) Largest decline over 10 years	-52.95%	-49.97%	-2.98%
Current Drawdown Current decline from peak	-1.93%	-1.73%	-0.20%
Average Drawdown Average peak-to-trough decline	-16.04%	-5.85%	-10.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.03%	1.63%	+6.40%

Volatility

MLI vs. RDIV - Volatility Comparison

Mueller Industries, Inc. (MLI) has a higher volatility of 10.51% compared to Invesco S&P Ultra Dividend Revenue ETF (RDIV) at 4.07%. This indicates that MLI's price experiences larger fluctuations and is considered to be riskier than RDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MLI	RDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.51%	4.07%	+6.44%
Volatility (6M) Calculated over the trailing 6-month period	25.79%	8.83%	+16.96%
Volatility (1Y) Calculated over the trailing 1-year period	30.06%	13.26%	+16.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.07%	17.56%	+15.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.79%	21.90%	+13.89%

Dividends

MLI vs. RDIV - Dividend Comparison

MLI's dividend yield for the trailing twelve months is around 0.87%, less than RDIV's 3.57% 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%
RDIV Invesco S&P Ultra Dividend Revenue ETF	3.57%	3.94%	4.08%	3.93%	3.44%	3.31%	4.93%	3.84%	4.32%	4.26%	2.20%	4.49%

Frequently Asked Questions

Can I hold both MLI and RDIV in my portfolio?

MLI and RDIV have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MLI or RDIV?

MLI has higher volatility (10.51%) compared to RDIV (4.07%). In terms of maximum drawdown, MLI dropped -61.72% vs RDIV's -49.97%.

Which has better risk-adjusted returns?

MLI currently has the higher Sharpe Ratio (2.93 vs 2.26), 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.