MPLX vs. ENFR
MPLX (MPLX LP) is a stock, while ENFR (Alerian Energy Infrastructure ETF) is Infrastructure Equities fund tracking the Alerian Midstream Energy Select Index. Over the past 10 years, MPLX returned 16.18%/yr vs 12.14%/yr for ENFR. Their 0.65 correlation means they have sometimes moved together and sometimes differently.
Performance
MPLX vs. ENFR - Performance Comparison
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Returns By Period
In the year-to-date period, MPLX achieves a 13.84% return, which is significantly lower than ENFR's 28.27% return. Over the past 10 years, MPLX has outperformed ENFR with an annualized return of 16.18%, while ENFR has yielded a comparatively lower 12.14% annualized return.
MPLX
- 1D
- 1.46%
- 1M
- 2.26%
- 6M
- 8.69%
- YTD
- 13.84%
- 1Y
- 21.94%
- 3Y*
- 28.15%
- 5Y*
- 26.27%
- 10Y*
- 16.18%
- ALL TIME*
- 14.28%
ENFR
- 1D
- 0.25%
- 1M
- 3.92%
- 6M
- 19.23%
- YTD
- 28.27%
- 1Y
- 29.02%
- 3Y*
- 26.80%
- 5Y*
- 21.89%
- 10Y*
- 12.14%
- ALL TIME*
- 8.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.27M | $3.93M | $3.16M | |
MPLX MPLX LP | $99.98M | $86.91M | $97.76M |
MPLX vs. ENFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MPLX MPLX LP | 13.84% | 20.54% | 41.72% | 22.46% | 21.09% | 53.92% | -1.79% | -8.25% | -8.43% | 9.00% |
ENFR Alerian Energy Infrastructure ETF | 28.27% | 5.88% | 42.17% | 15.63% | 17.48% | 39.97% | -24.14% | 21.60% | -18.67% | -0.19% |
Correlation
The correlation between MPLX and ENFR is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.57 |
Correlation (3Y) Balances recent behavior with more history. | 0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.71 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.70 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2013 | 0.65 |
The correlation between MPLX and ENFR shifts across timeframes, from 0.57 (1 year) to 0.71 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MPLX vs. ENFR — Risk / Return Rank
MPLX
ENFR
MPLX vs. ENFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MPLX LP (MPLX) and Alerian Energy Infrastructure ETF (ENFR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MPLX | ENFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.32 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | 3.33 | -0.67 |
| Martin ratioReturn relative to average drawdown | 6.14 | 8.16 | -2.02 |
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Drawdowns
MPLX vs. ENFR - Drawdown Comparison
The maximum MPLX drawdown since its inception was -85.72%, which is greater than ENFR's maximum drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for MPLX and ENFR.
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Drawdown Indicators
| MPLX | ENFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.72% | -68.28% | -17.44% |
Max Drawdown (1Y)Largest decline over 1 year | -7.71% | -8.64% | +0.93% |
Max Drawdown (3Y)Largest decline over 3 years | -14.58% | -15.58% | +1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -18.46% | -20.29% | +1.83% |
Max Drawdown (10Y)Largest decline over 10 years | -75.21% | -62.64% | -12.57% |
Current DrawdownCurrent decline from peak | -1.27% | -2.57% | +1.30% |
Average DrawdownAverage peak-to-trough decline | -29.68% | -15.83% | -13.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 3.52% | -0.19% |
Volatility
MPLX vs. ENFR - Volatility Comparison
MPLX LP (MPLX) and Alerian Energy Infrastructure ETF (ENFR) have volatilities of 5.31% and 5.44%, 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
| MPLX | ENFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 5.44% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 11.75% | 12.30% | -0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.45% | 15.24% | +1.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.96% | 19.19% | -0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.42% | 24.65% | +5.77% |
Dividends
MPLX vs. ENFR - Dividend Comparison
MPLX's dividend yield for the trailing twelve months is around 7.16%, more than ENFR's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 3.91% | 4.77% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% |
MPLX MPLX LP | 7.16% | 7.39% | 7.33% | 8.65% | 8.80% | 11.30% | 12.70% | 10.41% | 8.22% | 6.23% | 5.86% | 4.33% |
Frequently Asked Questions
MPLX and ENFR have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENFR has higher volatility (5.44%) compared to MPLX (5.31%). In terms of maximum drawdown, MPLX dropped -85.72% vs ENFR's -68.28%.
ENFR currently has the higher Sharpe Ratio (1.89 vs 1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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