MLPS.L vs. EQQQ.L
Compare and contrast key facts about Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (MLPS.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L).
MLPS.L and EQQQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MLPS.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. EQQQ.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002. Both MLPS.L and EQQQ.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MLPS.L or EQQQ.L.
Correlation
The correlation between MLPS.L and EQQQ.L is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MLPS.L vs. EQQQ.L - Performance Comparison
Key characteristics
MLPS.L:
1.76
EQQQ.L:
1.41
MLPS.L:
2.43
EQQQ.L:
1.93
MLPS.L:
1.30
EQQQ.L:
1.26
MLPS.L:
2.69
EQQQ.L:
1.88
MLPS.L:
8.58
EQQQ.L:
5.63
MLPS.L:
2.99%
EQQQ.L:
4.08%
MLPS.L:
14.54%
EQQQ.L:
16.41%
MLPS.L:
-82.23%
EQQQ.L:
-33.75%
MLPS.L:
-0.53%
EQQQ.L:
-2.34%
Returns By Period
In the year-to-date period, MLPS.L achieves a 11.55% return, which is significantly higher than EQQQ.L's 2.23% return. Over the past 10 years, MLPS.L has underperformed EQQQ.L with an annualized return of 3.02%, while EQQQ.L has yielded a comparatively higher 20.32% annualized return.
MLPS.L
11.55%
1.81%
18.63%
26.41%
17.56%
3.02%
EQQQ.L
2.23%
-1.74%
16.65%
22.94%
20.18%
20.32%
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MLPS.L vs. EQQQ.L - Expense Ratio Comparison
MLPS.L has a 0.50% expense ratio, which is higher than EQQQ.L's 0.30% expense ratio.
Risk-Adjusted Performance
MLPS.L vs. EQQQ.L — Risk-Adjusted Performance Rank
MLPS.L
EQQQ.L
MLPS.L vs. EQQQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (MLPS.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.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.
Dividends
MLPS.L vs. EQQQ.L - Dividend Comparison
MLPS.L has not paid dividends to shareholders, while EQQQ.L's dividend yield for the trailing twelve months is around 0.37%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLPS.L Invesco Morningstar US Energy Infrastructure MLP 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% |
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF | 0.37% | 0.38% | 0.39% | 0.56% | 0.25% | 0.41% | 0.56% | 0.63% | 0.67% | 0.77% | 0.72% | 1.01% |
Drawdowns
MLPS.L vs. EQQQ.L - Drawdown Comparison
The maximum MLPS.L drawdown since its inception was -82.23%, which is greater than EQQQ.L's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for MLPS.L and EQQQ.L. For additional features, visit the drawdowns tool.
Volatility
MLPS.L vs. EQQQ.L - Volatility Comparison
Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (MLPS.L) has a higher volatility of 5.63% compared to Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) at 5.16%. This indicates that MLPS.L's price experiences larger fluctuations and is considered to be riskier than EQQQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.