MLPP.L vs. ZPDE.DE
Compare and contrast key facts about Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) (MLPP.L) and SPDR S&P US Energy Select Sector UCITS ETF (ZPDE.DE).
MLPP.L and ZPDE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MLPP.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Energy NR USD. It was launched on May 15, 2013. ZPDE.DE is a passively managed fund by State Street that tracks the performance of the S&P Energy Select Sector. It was launched on Jul 7, 2015. Both MLPP.L and ZPDE.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MLPP.L or ZPDE.DE.
Key characteristics
| MLPP.L | ZPDE.DE | |
|---|---|---|
| YTD Return | 18.79% | 18.48% |
| 1Y Return | 17.12% | 17.17% |
| 3Y Return (Ann) | 27.75% | 24.44% |
| 5Y Return (Ann) | 19.51% | 15.39% |
| Sharpe Ratio | 1.27 | 0.83 |
| Sortino Ratio | 1.85 | 1.21 |
| Omega Ratio | 1.22 | 1.16 |
| Calmar Ratio | 1.99 | 0.87 |
| Martin Ratio | 5.40 | 2.29 |
| Ulcer Index | 3.19% | 6.93% |
| Daily Std Dev | 13.54% | 19.09% |
| Max Drawdown | -71.89% | -65.58% |
| Current Drawdown | 0.00% | -2.24% |
Correlation
The correlation between MLPP.L and ZPDE.DE is 0.57, 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.
Performance
MLPP.L vs. ZPDE.DE - Performance Comparison
The year-to-date returns for both stocks are quite close, with MLPP.L having a 18.79% return and ZPDE.DE slightly lower at 18.48%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MLPP.L vs. ZPDE.DE - Expense Ratio Comparison
MLPP.L has a 0.50% expense ratio, which is higher than ZPDE.DE's 0.15% expense ratio.
Risk-Adjusted Performance
MLPP.L vs. ZPDE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) (MLPP.L) and SPDR S&P US Energy Select Sector UCITS ETF (ZPDE.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.
Dividends
MLPP.L vs. ZPDE.DE - Dividend Comparison
MLPP.L's dividend yield for the trailing twelve months is around 8.11%, while ZPDE.DE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLPP.L Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) | 8.11% | 10.96% | 9.61% | 11.58% | 15.08% | 12.89% | 12.65% | 11.00% | 10.02% | 15.00% | 10.28% | 4.23% |
ZPDE.DE SPDR S&P US Energy Select Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MLPP.L vs. ZPDE.DE - Drawdown Comparison
The maximum MLPP.L drawdown since its inception was -71.89%, which is greater than ZPDE.DE's maximum drawdown of -65.58%. Use the drawdown chart below to compare losses from any high point for MLPP.L and ZPDE.DE. For additional features, visit the drawdowns tool.
Volatility
MLPP.L vs. ZPDE.DE - Volatility Comparison
The current volatility for Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) (MLPP.L) is 3.04%, while SPDR S&P US Energy Select Sector UCITS ETF (ZPDE.DE) has a volatility of 4.60%. This indicates that MLPP.L experiences smaller price fluctuations and is considered to be less risky than ZPDE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.