MLPS.L vs. MLPA
Compare and contrast key facts about Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (MLPS.L) and Global X MLP ETF (MLPA).
MLPS.L and MLPA 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. 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. Both MLPS.L and MLPA 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 MLPA.
Correlation
The correlation between MLPS.L and MLPA is 0.62, 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
MLPS.L vs. MLPA - Performance Comparison
Key characteristics
MLPS.L:
1.76
MLPA:
1.70
MLPS.L:
2.43
MLPA:
2.41
MLPS.L:
1.30
MLPA:
1.29
MLPS.L:
2.69
MLPA:
2.70
MLPS.L:
8.58
MLPA:
8.77
MLPS.L:
2.99%
MLPA:
2.68%
MLPS.L:
14.54%
MLPA:
13.80%
MLPS.L:
-82.23%
MLPA:
-78.74%
MLPS.L:
-0.53%
MLPA:
-1.21%
Returns By Period
In the year-to-date period, MLPS.L achieves a 11.55% return, which is significantly higher than MLPA's 9.53% return. Over the past 10 years, MLPS.L has outperformed MLPA with an annualized return of 3.02%, while MLPA has yielded a comparatively lower 2.71% annualized return.
MLPS.L
11.55%
1.81%
18.63%
26.41%
17.56%
3.02%
MLPA
9.53%
1.94%
16.03%
22.00%
15.06%
2.71%
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MLPS.L vs. MLPA - Expense Ratio Comparison
MLPS.L has a 0.50% expense ratio, which is higher than MLPA's 0.46% expense ratio.
Risk-Adjusted Performance
MLPS.L vs. MLPA — Risk-Adjusted Performance Rank
MLPS.L
MLPA
MLPS.L vs. MLPA - 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 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.
Dividends
MLPS.L vs. MLPA - Dividend Comparison
MLPS.L has not paid dividends to shareholders, while MLPA's dividend yield for the trailing twelve months is around 6.85%.
| 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% |
MLPA Global X MLP ETF | 6.85% | 7.25% | 7.49% | 7.30% | 8.72% | 13.85% | 9.11% | 10.03% | 8.07% | 7.16% | 9.29% | 5.80% |
Drawdowns
MLPS.L vs. MLPA - Drawdown Comparison
The maximum MLPS.L drawdown since its inception was -82.23%, roughly equal to the maximum MLPA drawdown of -78.74%. Use the drawdown chart below to compare losses from any high point for MLPS.L and MLPA. For additional features, visit the drawdowns tool.
Volatility
MLPS.L vs. MLPA - Volatility Comparison
Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (MLPS.L) and Global X MLP ETF (MLPA) have volatilities of 5.63% and 5.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.