MMLP vs. RPXIX
Compare and contrast key facts about Martin Midstream Partners L.P. (MMLP) and RiverPark Large Growth Fund (RPXIX).
RPXIX is managed by RiverPark Funds. It was launched on Sep 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MMLP or RPXIX.
Key characteristics
| MMLP | RPXIX | |
|---|---|---|
| YTD Return | 66.12% | 24.50% |
| 1Y Return | 58.53% | 39.43% |
| 3Y Return (Ann) | 8.91% | -6.75% |
| 5Y Return (Ann) | -0.36% | 5.90% |
| 10Y Return (Ann) | -13.30% | 5.04% |
| Sharpe Ratio | 1.56 | 2.55 |
| Sortino Ratio | 2.42 | 3.33 |
| Omega Ratio | 1.31 | 1.46 |
| Calmar Ratio | 0.68 | 0.92 |
| Martin Ratio | 8.22 | 15.29 |
| Ulcer Index | 7.47% | 2.58% |
| Daily Std Dev | 39.48% | 15.46% |
| Max Drawdown | -95.74% | -59.98% |
| Current Drawdown | -80.94% | -20.15% |
Correlation
The correlation between MMLP and RPXIX is 0.20, 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
MMLP vs. RPXIX - Performance Comparison
In the year-to-date period, MMLP achieves a 66.12% return, which is significantly higher than RPXIX's 24.50% return. Over the past 10 years, MMLP has underperformed RPXIX with an annualized return of -13.30%, while RPXIX has yielded a comparatively higher 5.04% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MMLP vs. RPXIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Martin Midstream Partners L.P. (MMLP) and RiverPark Large Growth Fund (RPXIX). 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
MMLP vs. RPXIX - Dividend Comparison
MMLP's dividend yield for the trailing twelve months is around 0.51%, while RPXIX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MMLP Martin Midstream Partners L.P. | 0.51% | 0.83% | 0.67% | 0.75% | 9.51% | 31.02% | 19.46% | 14.29% | 16.02% | 14.99% | 11.83% | 7.26% |
RPXIX RiverPark Large Growth Fund | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.66% | 0.15% | 0.26% | 0.20% |
Drawdowns
MMLP vs. RPXIX - Drawdown Comparison
The maximum MMLP drawdown since its inception was -95.74%, which is greater than RPXIX's maximum drawdown of -59.98%. Use the drawdown chart below to compare losses from any high point for MMLP and RPXIX. For additional features, visit the drawdowns tool.
Volatility
MMLP vs. RPXIX - Volatility Comparison
The current volatility for Martin Midstream Partners L.P. (MMLP) is 1.67%, while RiverPark Large Growth Fund (RPXIX) has a volatility of 4.12%. This indicates that MMLP experiences smaller price fluctuations and is considered to be less risky than RPXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.