PEO vs. MLPX
Compare and contrast key facts about Adams Natural Resources Closed Fund (PEO) and Global X MLP & Energy Infrastructure ETF (MLPX).
PEO is an actively managed fund by Adams Funds. It was launched on Jan 30, 1929. MLPX is a passively managed fund by Global X that tracks the performance of the Solactive MLP & Energy Infrastructure Index. It was launched on Aug 7, 2013.
Performance
PEO vs. MLPX - Performance Comparison
Loading graphics...
PEO vs. MLPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PEO Adams Natural Resources Closed Fund | 24.52% | 9.98% | 13.58% | 0.91% | 41.77% | 53.75% | -26.37% | 20.96% | -23.11% | 4.65% |
MLPX Global X MLP & Energy Infrastructure ETF | 21.36% | 4.96% | 42.90% | 15.77% | 21.54% | 39.63% | -20.32% | 19.04% | -15.64% | -4.53% |
Returns By Period
In the year-to-date period, PEO achieves a 24.52% return, which is significantly higher than MLPX's 21.36% return. Over the past 10 years, PEO has underperformed MLPX with an annualized return of 11.30%, while MLPX has yielded a comparatively higher 14.32% annualized return.
PEO
- 1D
- -4.57%
- 1M
- -0.15%
- YTD
- 24.52%
- 6M
- 27.94%
- 1Y
- 27.09%
- 3Y*
- 18.33%
- 5Y*
- 20.88%
- 10Y*
- 11.30%
MLPX
- 1D
- -1.74%
- 1M
- -0.22%
- YTD
- 21.36%
- 6M
- 19.18%
- 1Y
- 18.35%
- 3Y*
- 28.50%
- 5Y*
- 24.18%
- 10Y*
- 14.32%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PEO vs. MLPX - Expense Ratio Comparison
PEO has a 0.64% expense ratio, which is higher than MLPX's 0.45% expense ratio.
Return for Risk
PEO vs. MLPX — Risk / Return Rank
PEO
MLPX
PEO vs. MLPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adams Natural Resources Closed Fund (PEO) and Global X MLP & Energy Infrastructure ETF (MLPX). 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.
| PEO | MLPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 0.97 | +0.20 |
Sortino ratioReturn per unit of downside risk | 1.59 | 1.30 | +0.29 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.20 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 1.31 | +0.26 |
Martin ratioReturn relative to average drawdown | 5.33 | 4.07 | +1.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PEO | MLPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 0.97 | +0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 1.21 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.54 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.35 | -0.02 |
Correlation
The correlation between PEO and MLPX is 0.75, 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
PEO vs. MLPX - Dividend Comparison
PEO's dividend yield for the trailing twelve months is around 7.58%, more than MLPX's 4.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEO Adams Natural Resources Closed Fund | 7.58% | 9.43% | 8.14% | 6.54% | 7.48% | 5.51% | 6.42% | 6.68% | 5.63% | 5.95% | 5.65% | 7.78% |
MLPX Global X MLP & Energy Infrastructure ETF | 4.13% | 4.88% | 4.30% | 5.22% | 5.23% | 5.98% | 8.32% | 5.78% | 5.77% | 4.36% | 5.50% | 4.81% |
Drawdowns
PEO vs. MLPX - Drawdown Comparison
The maximum PEO drawdown since its inception was -71.88%, roughly equal to the maximum MLPX drawdown of -70.67%. Use the drawdown chart below to compare losses from any high point for PEO and MLPX.
Loading graphics...
Drawdown Indicators
| PEO | MLPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.88% | -70.67% | -1.21% |
Max Drawdown (1Y)Largest decline over 1 year | -17.54% | -14.92% | -2.62% |
Max Drawdown (5Y)Largest decline over 5 years | -24.30% | -19.72% | -4.58% |
Max Drawdown (10Y)Largest decline over 10 years | -67.74% | -64.70% | -3.04% |
Current DrawdownCurrent decline from peak | -6.45% | -3.72% | -2.73% |
Average DrawdownAverage peak-to-trough decline | -15.36% | -16.80% | +1.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.17% | 4.81% | +0.36% |
Volatility
PEO vs. MLPX - Volatility Comparison
Adams Natural Resources Closed Fund (PEO) has a higher volatility of 7.19% compared to Global X MLP & Energy Infrastructure ETF (MLPX) at 4.06%. This indicates that PEO's price experiences larger fluctuations and is considered to be riskier than MLPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PEO | MLPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.19% | 4.06% | +3.13% |
Volatility (6M)Calculated over the trailing 6-month period | 13.05% | 10.53% | +2.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.21% | 18.97% | +4.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.49% | 20.01% | +3.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.31% | 26.59% | +0.72% |