MLPQ.L vs. ESIE.L
Compare and contrast key facts about Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (MLPQ.L) and iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.L).
MLPQ.L and ESIE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MLPQ.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. ESIE.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Energy NR USD. It was launched on Nov 18, 2020. Both MLPQ.L and ESIE.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
MLPQ.L vs. ESIE.L - Performance Comparison
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MLPQ.L vs. ESIE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MLPQ.L Invesco Morningstar US Energy Infrastructure MLP UCITS ETF | 15.58% | -4.55% | 24.63% | 12.94% | 47.46% | 38.65% | -6.02% |
ESIE.L iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) | 37.70% | 20.13% | -9.70% | 6.04% | 44.68% | 26.96% | 1.47% |
Different Trading Currencies
MLPQ.L is traded in GBp, while ESIE.L is traded in GBP. To make them comparable, the ESIE.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, MLPQ.L achieves a 15.58% return, which is significantly lower than ESIE.L's 37.70% return.
MLPQ.L
- 1D
- -4.01%
- 1M
- -1.26%
- YTD
- 15.58%
- 6M
- 15.47%
- 1Y
- 2.50%
- 3Y*
- 15.47%
- 5Y*
- 21.41%
- 10Y*
- 10.23%
ESIE.L
- 1D
- -4.57%
- 1M
- 12.93%
- YTD
- 37.70%
- 6M
- 43.65%
- 1Y
- 46.63%
- 3Y*
- 17.71%
- 5Y*
- 21.80%
- 10Y*
- —
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MLPQ.L vs. ESIE.L - Expense Ratio Comparison
MLPQ.L has a 0.50% expense ratio, which is higher than ESIE.L's 0.18% expense ratio.
Return for Risk
MLPQ.L vs. ESIE.L — Risk / Return Rank
MLPQ.L
ESIE.L
MLPQ.L vs. ESIE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (MLPQ.L) and iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.L). 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.
| MLPQ.L | ESIE.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.13 | 2.08 | -1.95 |
Sortino ratioReturn per unit of downside risk | 0.29 | 2.57 | -2.28 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.38 | -0.34 |
Calmar ratioReturn relative to maximum drawdown | 0.17 | 3.50 | -3.33 |
Martin ratioReturn relative to average drawdown | 0.34 | 12.14 | -11.80 |
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
| MLPQ.L | ESIE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | 2.08 | -1.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.08 | 0.91 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.92 | -0.74 |
Correlation
The correlation between MLPQ.L and ESIE.L is 0.58, 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
MLPQ.L vs. ESIE.L - Dividend Comparison
Neither MLPQ.L nor ESIE.L has paid dividends to shareholders.
Drawdowns
MLPQ.L vs. ESIE.L - Drawdown Comparison
The maximum MLPQ.L drawdown since its inception was -75.62%, which is greater than ESIE.L's maximum drawdown of -27.35%. Use the drawdown chart below to compare losses from any high point for MLPQ.L and ESIE.L.
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Drawdown Indicators
| MLPQ.L | ESIE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.62% | -27.35% | -48.27% |
Max Drawdown (1Y)Largest decline over 1 year | -16.22% | -17.96% | +1.74% |
Max Drawdown (5Y)Largest decline over 5 years | -19.04% | -27.35% | +8.31% |
Max Drawdown (10Y)Largest decline over 10 years | -74.07% | — | — |
Current DrawdownCurrent decline from peak | -4.80% | -4.57% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -20.24% | -8.27% | -11.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.18% | 3.98% | +2.20% |
Volatility
MLPQ.L vs. ESIE.L - Volatility Comparison
The current volatility for Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (MLPQ.L) is 5.99%, while iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.L) has a volatility of 9.51%. This indicates that MLPQ.L experiences smaller price fluctuations and is considered to be less risky than ESIE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MLPQ.L | ESIE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.99% | 9.51% | -3.52% |
Volatility (6M)Calculated over the trailing 6-month period | 10.70% | 15.25% | -4.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.28% | 22.31% | -3.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.79% | 23.97% | -4.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.92% | 24.32% | +3.60% |