MLXIX vs. PRNEX

Last updated Apr 1, 2026

Compare and contrast key facts about Catalyst Energy Infrastructure Fund (MLXIX) and T. Rowe Price New Era Fund (PRNEX).

MLXIX is managed by Catalyst Mutual Funds. It was launched on Dec 21, 2014. PRNEX is managed by T. Rowe Price. It was launched on Jan 19, 1969.

Performance

MLXIX vs. PRNEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catalyst Energy Infrastructure Fund (MLXIX) and T. Rowe Price New Era Fund (PRNEX). The values are adjusted to include any dividend payments, if applicable.

MLXIX vs. PRNEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MLXIX Catalyst Energy Infrastructure Fund	35.24%	-8.56%	45.26%	15.34%	27.02%	42.04%	-20.02%	12.05%	-18.48%	-13.83%
PRNEX T. Rowe Price New Era Fund	19.15%	26.94%	4.41%	1.02%	7.14%	25.35%	-2.63%	16.91%	-16.23%	10.57%

Returns By Period

In the year-to-date period, MLXIX achieves a 35.24% return, which is significantly higher than PRNEX's 19.15% return. Over the past 10 years, MLXIX has outperformed PRNEX with an annualized return of 15.06%, while PRNEX has yielded a comparatively lower 10.12% annualized return.

MLXIX

• 1D: -1.51%
• 1M: 14.05%
• YTD: 35.24%
• 6M: 26.46%
• 1Y: 21.20%
• 3Y*: 27.68%
• 5Y*: 25.39%
• 10Y*: 15.06%

PRNEX

• 1D: -1.11%
• 1M: -1.19%
• YTD: 19.15%
• 6M: 31.26%
• 1Y: 44.27%
• 3Y*: 17.27%
• 5Y*: 14.17%
• 10Y*: 10.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MLXIX vs. PRNEX - Expense Ratio Comparison

MLXIX has a 1.43% expense ratio, which is higher than PRNEX's 0.56% expense ratio.

MLXIX

Catalyst Energy Infrastructure Fund

PRNEX

T. Rowe Price New Era Fund

Return for Risk

MLXIX vs. PRNEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MLXIX

MLXIX Risk / Return Rank: 40
MLXIX Sharpe Ratio Rank: 46
MLXIX Sortino Ratio Rank: 40
MLXIX Omega Ratio Rank: 43
MLXIX Calmar Ratio Rank: 49
MLXIX Martin Ratio Rank: 22

PRNEX

PRNEX Risk / Return Rank: 93
PRNEX Sharpe Ratio Rank: 95
PRNEX Sortino Ratio Rank: 93
PRNEX Omega Ratio Rank: 93
PRNEX Calmar Ratio Rank: 92
PRNEX Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MLXIX vs. PRNEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Catalyst Energy Infrastructure Fund (MLXIX) and T. Rowe Price New Era Fund (PRNEX). 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.

	MLXIX	PRNEX	Difference
Sharpe ratio Return per unit of total volatility	0.91	2.23	-1.31
Sortino ratio Return per unit of downside risk	1.26	2.80	-1.54
Omega ratio Gain probability vs. loss probability	1.19	1.45	-0.26
Calmar ratio Return relative to maximum drawdown	1.19	2.67	-1.47
Martin ratio Return relative to average drawdown	2.36	12.65	-10.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MLXIX vs. PRNEX - Sharpe Ratio Comparison

The current MLXIX Sharpe Ratio is 0.91, which is lower than the PRNEX Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of MLXIX and PRNEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MLXIX	PRNEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	2.23	-1.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.15	0.76	+0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.49	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.38	-0.16

Correlation

The correlation between MLXIX and PRNEX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

MLXIX vs. PRNEX - Dividend Comparison

MLXIX's dividend yield for the trailing twelve months is around 6.52%, less than PRNEX's 12.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MLXIX Catalyst Energy Infrastructure Fund	6.52%	8.26%	5.02%	6.67%	7.15%	8.26%	14.52%	15.93%	15.62%	11.37%	8.76%	11.47%
PRNEX T. Rowe Price New Era Fund	12.94%	15.41%	4.81%	11.46%	4.47%	2.07%	2.54%	2.18%	1.69%	1.89%	1.28%	2.68%

Drawdowns

MLXIX vs. PRNEX - Drawdown Comparison

The maximum MLXIX drawdown since its inception was -76.78%, which is greater than PRNEX's maximum drawdown of -66.56%. Use the drawdown chart below to compare losses from any high point for MLXIX and PRNEX.

Drawdown Indicators

	MLXIX	PRNEX	Difference
Max Drawdown Largest peak-to-trough decline	-76.78%	-66.56%	-10.22%
Max Drawdown (1Y) Largest decline over 1 year	-16.50%	-16.24%	-0.26%
Max Drawdown (5Y) Largest decline over 5 years	-22.14%	-21.50%	-0.64%
Max Drawdown (10Y) Largest decline over 10 years	-72.63%	-49.64%	-22.99%
Current Drawdown Current decline from peak	-1.51%	-2.25%	+0.74%
Average Drawdown Average peak-to-trough decline	-23.47%	-16.35%	-7.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.33%	3.42%	+4.91%

Volatility

MLXIX vs. PRNEX - Volatility Comparison

Catalyst Energy Infrastructure Fund (MLXIX) has a higher volatility of 6.04% compared to T. Rowe Price New Era Fund (PRNEX) at 5.01%. This indicates that MLXIX's price experiences larger fluctuations and is considered to be riskier than PRNEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MLXIX	PRNEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.04%	5.01%	+1.03%
Volatility (6M) Calculated over the trailing 6-month period	13.30%	12.38%	+0.92%
Volatility (1Y) Calculated over the trailing 1-year period	23.26%	20.21%	+3.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.13%	18.82%	+3.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.33%	20.69%	+7.64%