MLPIX vs. MLPA
Compare and contrast key facts about ProFunds Mid Cap Value Fund (MLPIX) and Global X MLP ETF (MLPA).
MLPIX is managed by ProFunds. It was launched on Sep 4, 2001. MLPA is a passively managed fund by Global X that tracks the performance of the Solactive MLP Infrastructure Index. It was launched on Apr 18, 2012.
Performance
MLPIX vs. MLPA - Performance Comparison
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MLPIX vs. MLPA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MLPIX ProFunds Mid Cap Value Fund | -1.69% | 5.48% | 9.65% | 13.32% | -8.61% | 28.23% | 1.85% | 24.02% | -13.08% | 10.45% |
MLPA Global X MLP ETF | 13.45% | 5.73% | 20.35% | 15.93% | 27.03% | 39.64% | -33.97% | 11.91% | -15.71% | -8.31% |
Returns By Period
In the year-to-date period, MLPIX achieves a -1.69% return, which is significantly lower than MLPA's 13.45% return. Both investments have delivered pretty close results over the past 10 years, with MLPIX having a 7.93% annualized return and MLPA not far ahead at 8.14%.
MLPIX
- 1D
- -0.23%
- 1M
- -7.49%
- YTD
- -1.69%
- 6M
- -0.14%
- 1Y
- 8.51%
- 3Y*
- 8.08%
- 5Y*
- 5.09%
- 10Y*
- 7.93%
MLPA
- 1D
- -1.37%
- 1M
- 0.67%
- YTD
- 13.45%
- 6M
- 15.77%
- 1Y
- 9.41%
- 3Y*
- 17.72%
- 5Y*
- 18.64%
- 10Y*
- 8.14%
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MLPIX vs. MLPA - Expense Ratio Comparison
MLPIX has a 1.78% expense ratio, which is higher than MLPA's 0.46% expense ratio.
Return for Risk
MLPIX vs. MLPA — Risk / Return Rank
MLPIX
MLPA
MLPIX vs. MLPA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Mid Cap Value Fund (MLPIX) and Global X MLP ETF (MLPA). 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.
| MLPIX | MLPA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.44 | 0.59 | -0.15 |
Sortino ratioReturn per unit of downside risk | 0.76 | 0.86 | -0.10 |
Omega ratioGain probability vs. loss probability | 1.10 | 1.12 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.49 | 0.63 | -0.14 |
Martin ratioReturn relative to average drawdown | 1.83 | 1.56 | +0.27 |
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
| MLPIX | MLPA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.44 | 0.59 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 1.02 | -0.76 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.30 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.16 | +0.17 |
Correlation
The correlation between MLPIX and MLPA is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
MLPIX vs. MLPA - Dividend Comparison
MLPIX's dividend yield for the trailing twelve months is around 0.48%, less than MLPA's 7.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLPIX ProFunds Mid Cap Value Fund | 0.48% | 0.47% | 0.00% | 0.00% | 0.00% | 0.89% | 0.22% | 0.40% | 3.92% | 10.95% | 0.56% | 0.00% |
MLPA Global X MLP ETF | 7.15% | 7.82% | 7.25% | 7.49% | 7.30% | 8.72% | 13.84% | 9.09% | 10.00% | 8.05% | 7.15% | 9.29% |
Drawdowns
MLPIX vs. MLPA - Drawdown Comparison
The maximum MLPIX drawdown since its inception was -60.11%, smaller than the maximum MLPA drawdown of -78.75%. Use the drawdown chart below to compare losses from any high point for MLPIX and MLPA.
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Drawdown Indicators
| MLPIX | MLPA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.11% | -78.75% | +18.64% |
Max Drawdown (1Y)Largest decline over 1 year | -14.49% | -14.20% | -0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -23.24% | -18.75% | -4.49% |
Max Drawdown (10Y)Largest decline over 10 years | -45.96% | -74.05% | +28.09% |
Current DrawdownCurrent decline from peak | -9.87% | -2.87% | -7.00% |
Average DrawdownAverage peak-to-trough decline | -9.42% | -20.50% | +11.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.87% | 5.73% | -1.86% |
Volatility
MLPIX vs. MLPA - Volatility Comparison
ProFunds Mid Cap Value Fund (MLPIX) has a higher volatility of 4.64% compared to Global X MLP ETF (MLPA) at 3.34%. This indicates that MLPIX's price experiences larger fluctuations and is considered to be riskier than MLPA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MLPIX | MLPA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.64% | 3.34% | +1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 11.10% | 7.92% | +3.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.45% | 16.09% | +4.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.55% | 18.41% | +1.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.38% | 27.64% | -6.26% |