MLPZX vs. PFFA
Compare and contrast key facts about Invesco SteelPath MLP Income Fund (MLPZX) and Virtus InfraCap U.S. Preferred Stock ETF (PFFA).
MLPZX is managed by Invesco. It was launched on Mar 30, 2010. PFFA is an actively managed fund by Virtus Investment Partners. It was launched on May 15, 2018.
Performance
MLPZX vs. PFFA - Performance Comparison
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MLPZX vs. PFFA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MLPZX Invesco SteelPath MLP Income Fund | 17.18% | 7.88% | 24.54% | 20.71% | 25.10% | 44.98% | -25.49% | 14.50% | -11.85% |
PFFA Virtus InfraCap U.S. Preferred Stock ETF | -3.22% | 8.22% | 16.11% | 26.45% | -20.91% | 23.53% | -7.87% | 31.99% | -7.10% |
Returns By Period
In the year-to-date period, MLPZX achieves a 17.18% return, which is significantly higher than PFFA's -3.22% return.
MLPZX
- 1D
- -0.66%
- 1M
- 2.29%
- YTD
- 17.18%
- 6M
- 20.40%
- 1Y
- 16.12%
- 3Y*
- 22.48%
- 5Y*
- 23.06%
- 10Y*
- 12.32%
PFFA
- 1D
- 0.10%
- 1M
- -4.25%
- YTD
- -3.22%
- 6M
- -1.63%
- 1Y
- 5.66%
- 3Y*
- 12.09%
- 5Y*
- 5.84%
- 10Y*
- —
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MLPZX vs. PFFA - Expense Ratio Comparison
MLPZX has a 1.10% expense ratio, which is lower than PFFA's 1.47% expense ratio.
Return for Risk
MLPZX vs. PFFA — Risk / Return Rank
MLPZX
PFFA
MLPZX vs. PFFA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco SteelPath MLP Income Fund (MLPZX) and Virtus InfraCap U.S. Preferred Stock ETF (PFFA). 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.
| MLPZX | PFFA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.98 | 0.57 | +0.41 |
Sortino ratioReturn per unit of downside risk | 1.33 | 0.78 | +0.55 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.12 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.08 | 0.58 | +0.50 |
Martin ratioReturn relative to average drawdown | 3.27 | 2.04 | +1.23 |
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
| MLPZX | PFFA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 0.57 | +0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.33 | 0.51 | +0.82 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.22 | +0.11 |
Correlation
The correlation between MLPZX and PFFA is 0.42, 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
MLPZX vs. PFFA - Dividend Comparison
MLPZX's dividend yield for the trailing twelve months is around 6.06%, less than PFFA's 10.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLPZX Invesco SteelPath MLP Income Fund | 6.06% | 6.87% | 5.92% | 7.19% | 7.98% | 9.19% | 16.57% | 13.12% | 13.27% | 10.70% | 9.79% | 10.93% |
PFFA Virtus InfraCap U.S. Preferred Stock ETF | 10.06% | 9.47% | 9.18% | 9.56% | 10.75% | 7.64% | 8.54% | 10.02% | 5.15% | 0.00% | 0.00% | 0.00% |
Drawdowns
MLPZX vs. PFFA - Drawdown Comparison
The maximum MLPZX drawdown since its inception was -77.56%, which is greater than PFFA's maximum drawdown of -70.52%. Use the drawdown chart below to compare losses from any high point for MLPZX and PFFA.
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Drawdown Indicators
| MLPZX | PFFA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.56% | -70.52% | -7.04% |
Max Drawdown (1Y)Largest decline over 1 year | -14.46% | -8.54% | -5.92% |
Max Drawdown (5Y)Largest decline over 5 years | -17.90% | -22.70% | +4.80% |
Max Drawdown (10Y)Largest decline over 10 years | -73.62% | — | — |
Current DrawdownCurrent decline from peak | -1.32% | -6.07% | +4.75% |
Average DrawdownAverage peak-to-trough decline | -13.65% | -6.77% | -6.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.78% | 2.41% | +2.37% |
Volatility
MLPZX vs. PFFA - Volatility Comparison
Invesco SteelPath MLP Income Fund (MLPZX) and Virtus InfraCap U.S. Preferred Stock ETF (PFFA) have volatilities of 3.28% and 3.26%, 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.
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Volatility by Period
| MLPZX | PFFA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 3.26% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.96% | 5.25% | +2.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.05% | 9.98% | +6.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.45% | 11.49% | +5.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.03% | 32.17% | -6.14% |