MLPD.L vs. WEEI

Last updated Jun 4, 2026

MLPD.L (Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist)) and WEEI (Westwood Salient Enhanced Energy Income ETF) are both Energy Equities funds. MLPD.L is passively managed, while WEEI is actively managed. Over the past year, MLPD.L returned 16.43% vs 34.24% for WEEI. At a 0.43 correlation, their price movements are largely independent. MLPD.L charges 0.50%/yr vs 0.85%/yr for WEEI.

Performance

MLPD.L vs. WEEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) (MLPD.L) and Westwood Salient Enhanced Energy Income ETF (WEEI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with MLPD.L having a 19.38% return and WEEI slightly lower at 18.85%.

MLPD.L

• 1D: 1.11%
• 1M: 0.78%
• YTD: 19.38%
• 6M: 16.54%
• 1Y: 16.43%
• 3Y*: 19.18%
• 5Y*: 17.42%
• 10Y*: 7.30%

WEEI

• 1D: 0.67%
• 1M: 0.42%
• YTD: 18.85%
• 6M: 18.31%
• 1Y: 34.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MLPD.L vs. WEEI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MLPD.L Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist)	19.38%	2.33%	10.69%
WEEI Westwood Salient Enhanced Energy Income ETF	18.85%	11.28%	-3.07%

Correlation

The correlation between MLPD.L and WEEI is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (All Time) Calculated using the full available price history since May 2, 2024	0.43

MLPD.L vs. WEEI - Sectors Allocation Comparison

Sectors	MLPD.L	WEEI
Energy	96.7%	100.0%
Utilities	3.2%	-
Industrials	0.2%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	-

Return for Risk

MLPD.L vs. WEEI — Risk / Return Rank

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

MLPD.L

MLPD.L Risk / Return Rank: 32
MLPD.L Sharpe Ratio Rank: 31
MLPD.L Sortino Ratio Rank: 29
MLPD.L Omega Ratio Rank: 28
MLPD.L Calmar Ratio Rank: 39
MLPD.L Martin Ratio Rank: 32

WEEI

WEEI Risk / Return Rank: 74
WEEI Sharpe Ratio Rank: 75
WEEI Sortino Ratio Rank: 69
WEEI Omega Ratio Rank: 70
WEEI Calmar Ratio Rank: 83
WEEI Martin Ratio Rank: 75

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.

MLPD.L vs. WEEI - 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 Westwood Salient Enhanced Energy Income ETF (WEEI). 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	WEEI	Difference
Sharpe ratio: Return per unit of total volatility	1.15	2.46	-1.31
Sortino ratio: Return per unit of downside risk	1.62	3.15	-1.53
Omega ratio: Gain probability vs. loss probability	1.20	1.42	-0.22
Calmar ratio: Return relative to maximum drawdown	1.93	4.48	-2.56
Martin ratio: Return relative to average drawdown	4.95	14.29	-9.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MLPD.L vs. WEEI - Sharpe Ratio Comparison

The current MLPD.L Sharpe Ratio is 1.15, which is lower than the WEEI Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of MLPD.L and WEEI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MLPD.L	WEEI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.15	2.46	-1.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.70	-0.55

Drawdowns

MLPD.L vs. WEEI - Drawdown Comparison

The maximum MLPD.L drawdown since its inception was -82.22%, which is greater than WEEI's maximum drawdown of -18.78%. Use the drawdown chart below to compare losses from any high point for MLPD.L and WEEI.

Drawdown Indicators

	MLPD.L	WEEI	Difference
Max Drawdown Largest peak-to-trough decline	-82.22%	-18.78%	-63.44%
Max Drawdown (1Y) Largest decline over 1 year	-8.49%	-7.67%	-0.82%
Max Drawdown (3Y) Largest decline over 3 years	-17.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.78%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-75.74%	—	—
Current Drawdown Current decline from peak	-2.71%	-2.75%	+0.04%
Average Drawdown Average peak-to-trough decline	-28.24%	-4.17%	-24.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.31%	2.41%	+0.90%

Volatility

MLPD.L vs. WEEI - Volatility Comparison

The current volatility for Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) (MLPD.L) is 5.23%, while Westwood Salient Enhanced Energy Income ETF (WEEI) has a volatility of 6.21%. This indicates that MLPD.L experiences smaller price fluctuations and is considered to be less risky than WEEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MLPD.L	WEEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.23%	6.21%	-0.98%
Volatility (6M) Calculated over the trailing 6-month period	10.96%	10.73%	+0.23%
Volatility (1Y) Calculated over the trailing 1-year period	14.23%	13.97%	+0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.38%	18.30%	+2.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.35%	18.30%	+10.05%

MLPD.L vs. WEEI - Expense Ratio Comparison

MLPD.L has a 0.50% expense ratio, which is lower than WEEI's 0.85% expense ratio.

Dividends

MLPD.L vs. WEEI - Dividend Comparison

MLPD.L's dividend yield for the trailing twelve months is around 7.53%, less than WEEI's 11.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MLPD.L Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist)	7.53%	8.21%	8.18%	8.60%	7.98%	8.57%	11.03%	10.06%	9.87%	8.15%	8.14%	9.96%
WEEI Westwood Salient Enhanced Energy Income ETF	11.22%	12.59%	7.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MLPD.L and WEEI in my portfolio?

MLPD.L and WEEI have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MLPD.L or WEEI?

On fees, MLPD.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MLPD.L or WEEI?

MLPD.L is cheaper with a 0.50% expense ratio, compared with 0.85% for WEEI.

What is the main difference between MLPD.L and WEEI?

They also come from different issuers: Invesco and Westwood. Their fees differ too: 0.50% for MLPD.L and 0.85% for WEEI.