MLPS.L vs. QQQ
Compare and contrast key facts about Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (MLPS.L) and Invesco QQQ (QQQ).
MLPS.L and QQQ 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. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both MLPS.L and QQQ 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 QQQ.
Correlation
The correlation between MLPS.L and QQQ is 0.18, 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. QQQ - Performance Comparison
Key characteristics
MLPS.L:
1.76
QQQ:
1.30
MLPS.L:
2.43
QQQ:
1.78
MLPS.L:
1.30
QQQ:
1.24
MLPS.L:
2.69
QQQ:
1.76
MLPS.L:
8.58
QQQ:
6.08
MLPS.L:
2.99%
QQQ:
3.92%
MLPS.L:
14.54%
QQQ:
18.35%
MLPS.L:
-82.23%
QQQ:
-82.98%
MLPS.L:
-0.53%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, MLPS.L achieves a 11.55% return, which is significantly higher than QQQ's 2.90% return. Over the past 10 years, MLPS.L has underperformed QQQ with an annualized return of 3.02%, while QQQ has yielded a comparatively higher 18.10% annualized return.
MLPS.L
11.55%
1.81%
18.63%
26.41%
17.56%
3.02%
QQQ
2.90%
-1.23%
9.93%
21.16%
19.73%
18.10%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MLPS.L vs. QQQ - Expense Ratio Comparison
MLPS.L has a 0.50% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
MLPS.L vs. QQQ — Risk-Adjusted Performance Rank
MLPS.L
QQQ
MLPS.L vs. QQQ - 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 QQQ (QQQ). 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. QQQ - Dividend Comparison
MLPS.L has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.54%.
| 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% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
MLPS.L vs. QQQ - Drawdown Comparison
The maximum MLPS.L drawdown since its inception was -82.23%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for MLPS.L and QQQ. For additional features, visit the drawdowns tool.
Volatility
MLPS.L vs. QQQ - Volatility Comparison
Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (MLPS.L) has a higher volatility of 5.63% compared to Invesco QQQ (QQQ) at 5.01%. This indicates that MLPS.L's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.