PMLP.L vs. UTES
Compare and contrast key facts about HANetf Alerian Midstream Energy Dividend UCITS ETF (PMLP.L) and Virtus Reaves Utilities ETF (UTES).
PMLP.L and UTES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PMLP.L is a passively managed fund by HANetf that tracks the performance of the MSCI World/Energy NR USD. It was launched on Jul 27, 2020. UTES is an actively managed fund by Virtus Investment Partners. It was launched on Sep 23, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMLP.L or UTES.
Key characteristics
| PMLP.L | UTES | |
|---|---|---|
| YTD Return | 37.11% | 50.38% |
| 1Y Return | 36.75% | 58.89% |
| 3Y Return (Ann) | 22.90% | 16.93% |
| Sharpe Ratio | 2.65 | 3.21 |
| Sortino Ratio | 3.81 | 4.26 |
| Omega Ratio | 1.48 | 1.54 |
| Calmar Ratio | 7.64 | 3.89 |
| Martin Ratio | 23.33 | 19.69 |
| Ulcer Index | 1.56% | 3.03% |
| Daily Std Dev | 13.70% | 18.65% |
| Max Drawdown | -17.16% | -35.39% |
| Current Drawdown | 0.00% | -0.26% |
Correlation
The correlation between PMLP.L and UTES is 0.23, 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
PMLP.L vs. UTES - Performance Comparison
In the year-to-date period, PMLP.L achieves a 37.11% return, which is significantly lower than UTES's 50.38% 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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PMLP.L vs. UTES - Expense Ratio Comparison
PMLP.L has a 0.40% expense ratio, which is lower than UTES's 0.49% expense ratio.
Risk-Adjusted Performance
PMLP.L vs. UTES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf Alerian Midstream Energy Dividend UCITS ETF (PMLP.L) and Virtus Reaves Utilities ETF (UTES). 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
PMLP.L vs. UTES - Dividend Comparison
PMLP.L's dividend yield for the trailing twelve months is around 3.84%, more than UTES's 1.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMLP.L HANetf Alerian Midstream Energy Dividend UCITS ETF | 3.84% | 6.48% | 6.12% | 6.57% | 4.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UTES Virtus Reaves Utilities ETF | 1.54% | 2.44% | 2.13% | 1.94% | 2.09% | 1.84% | 2.16% | 2.81% | 3.28% | 0.61% |
Drawdowns
PMLP.L vs. UTES - Drawdown Comparison
The maximum PMLP.L drawdown since its inception was -17.16%, smaller than the maximum UTES drawdown of -35.39%. Use the drawdown chart below to compare losses from any high point for PMLP.L and UTES. For additional features, visit the drawdowns tool.
Volatility
PMLP.L vs. UTES - Volatility Comparison
The current volatility for HANetf Alerian Midstream Energy Dividend UCITS ETF (PMLP.L) is 4.71%, while Virtus Reaves Utilities ETF (UTES) has a volatility of 7.48%. This indicates that PMLP.L experiences smaller price fluctuations and is considered to be less risky than UTES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.