MLPD.L vs. EXV8.DE
MLPD.L (Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist)) and EXV8.DE (iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE)) are both exchange-traded funds - MLPD.L is a Energy Equities fund tracking the MSCI World/Energy NR USD, while EXV8.DE is a Industrials Equities fund tracking the STOXX® Europe 600 Construction & Materials. Both are passively managed. Over the past 10 years, MLPD.L returned 7.11%/yr vs 10.62%/yr for EXV8.DE. At a 0.34 correlation, their price movements are largely independent. MLPD.L charges 0.50%/yr vs 0.46%/yr for EXV8.DE.
Performance
MLPD.L vs. EXV8.DE - Performance Comparison
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Different Trading Currencies
MLPD.L is traded in USD, while EXV8.DE is traded in EUR. To make them comparable, the EXV8.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MLPD.L achieves a 18.82% return, which is significantly higher than EXV8.DE's -0.17% return. Over the past 10 years, MLPD.L has underperformed EXV8.DE with an annualized return of 7.11%, while EXV8.DE has yielded a comparatively higher 10.62% annualized return.
MLPD.L
- 1D
- -0.49%
- 1M
- 1.36%
- YTD
- 18.82%
- 6M
- 14.62%
- 1Y
- 15.61%
- 3Y*
- 18.84%
- 5Y*
- 16.46%
- 10Y*
- 7.11%
EXV8.DE
- 1D
- 0.27%
- 1M
- -3.93%
- YTD
- -0.17%
- 6M
- 1.97%
- 1Y
- 8.70%
- 3Y*
- 18.73%
- 5Y*
- 8.68%
- 10Y*
- 10.62%
MLPD.L vs. EXV8.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MLPD.L Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) | 18.82% | 2.34% | 22.53% | 19.70% | 31.82% | 36.90% | -31.38% | 7.22% | -14.92% | -8.67% |
EXV8.DE iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) | -0.17% | 41.11% | 0.33% | 37.79% | -23.39% | 21.82% | 7.56% | 39.90% | -21.73% | 26.02% |
Correlation
The correlation between MLPD.L and EXV8.DE is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since May 17, 2013 | 0.34 |
The correlation between MLPD.L and EXV8.DE shifts across timeframes, from -0.05 (1 year) to 0.34 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
MLPD.L vs. EXV8.DE — Risk / Return Rank
MLPD.L
EXV8.DE
MLPD.L vs. EXV8.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) (MLPD.L) and iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) (EXV8.DE). 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.
| MLPD.L | EXV8.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.09 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 0.56 | +1.28 |
| Martin ratioReturn relative to average drawdown | 4.68 | 1.68 | +3.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MLPD.L | EXV8.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.09 | 0.43 | +0.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.38 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | 0.47 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.18 | -0.06 |
Drawdowns
MLPD.L vs. EXV8.DE - Drawdown Comparison
The maximum MLPD.L drawdown since its inception was -82.22%, which is greater than EXV8.DE's maximum drawdown of -68.52%. Use the drawdown chart below to compare losses from any high point for MLPD.L and EXV8.DE.
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Drawdown Indicators
| MLPD.L | EXV8.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.22% | -68.52% | -13.70% |
Max Drawdown (1Y)Largest decline over 1 year | -8.48% | -16.81% | +8.33% |
Max Drawdown (3Y)Largest decline over 3 years | -17.24% | -16.81% | -0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -21.78% | -39.87% | +18.09% |
Max Drawdown (10Y)Largest decline over 10 years | -75.74% | -42.95% | -32.79% |
Current DrawdownCurrent decline from peak | -3.16% | -8.02% | +4.86% |
Average DrawdownAverage peak-to-trough decline | -28.08% | -19.23% | -8.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 5.56% | -2.23% |
Volatility
MLPD.L vs. EXV8.DE - Volatility Comparison
The current volatility for Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) (MLPD.L) is 4.46%, while iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) (EXV8.DE) has a volatility of 6.84%. This indicates that MLPD.L experiences smaller price fluctuations and is considered to be less risky than EXV8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MLPD.L | EXV8.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.46% | 6.84% | -2.38% |
Volatility (6M)Calculated over the trailing 6-month period | 10.93% | 17.56% | -6.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.24% | 21.55% | -7.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.36% | 22.69% | -2.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.33% | 22.46% | +5.87% |
MLPD.L vs. EXV8.DE - Expense Ratio Comparison
MLPD.L has a 0.50% expense ratio, which is higher than EXV8.DE's 0.46% expense ratio.
Dividends
MLPD.L vs. EXV8.DE - Dividend Comparison
MLPD.L's dividend yield for the trailing twelve months is around 7.56%, more than EXV8.DE's 1.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXV8.DE iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) | 1.39% | 1.39% | 1.69% | 1.59% | 1.78% | 1.34% | 0.53% | 1.55% | 1.66% | 2.87% | 2.80% | 2.79% |
MLPD.L Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) | 7.56% | 8.21% | 8.18% | 8.60% | 7.98% | 8.57% | 11.03% | 10.06% | 9.87% | 8.15% | 8.14% | 9.96% |
Frequently Asked Questions
MLPD.L and EXV8.DE have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EXV8.DE is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXV8.DE is cheaper with a 0.46% expense ratio, compared with 0.50% for MLPD.L.
MLPD.L is categorized as Energy Equities, while EXV8.DE is Industrials Equities. MLPD.L tracks MSCI World/Energy NR USD, while EXV8.DE tracks STOXX® Europe 600 Construction & Materials. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.50% for MLPD.L and 0.46% for EXV8.DE.
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