RA vs. MLPI

Last updated Jun 5, 2026

RA (Brookfield Real Assets Income Fund Inc.) and MLPI (Neos MLP & Energy Infrastructure High Income ETF) are both funds - RA is a Multisector Bonds fund managed by Brookfield, while MLPI is a Energy Equities fund actively managed by Neos. At a correlation of -0.01, they often move in opposite directions. RA charges 2.76%/yr vs 0.68%/yr for MLPI.

Performance

RA vs. MLPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookfield Real Assets Income Fund Inc. (RA) and Neos MLP & Energy Infrastructure High Income ETF (MLPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RA achieves a 3.05% return, which is significantly lower than MLPI's 18.70% return.

RA

• 1D: 0.47%
• 1M: -0.56%
• YTD: 3.05%
• 6M: 2.17%
• 1Y: 9.85%
• 3Y*: 2.39%
• 5Y*: 0.90%
• 10Y*: —

MLPI

• 1D: 0.96%
• 1M: -1.95%
• YTD: 18.70%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RA vs. MLPI - Yearly Performance Comparison

	2026 (YTD)	2025
RA Brookfield Real Assets Income Fund Inc.	3.05%	0.86%
MLPI Neos MLP & Energy Infrastructure High Income ETF	18.70%	0.56%

Correlation

The correlation between RA and MLPI is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 19, 2025	-0.01

Return for Risk

RA vs. MLPI — Risk / Return Rank

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

RA

RA Risk / Return Rank: 18
RA Sharpe Ratio Rank: 18
RA Sortino Ratio Rank: 18
RA Omega Ratio Rank: 20
RA Calmar Ratio Rank: 18
RA Martin Ratio Rank: 16

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.

RA vs. MLPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookfield Real Assets Income Fund Inc. (RA) and Neos MLP & Energy Infrastructure High Income ETF (MLPI). 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.

	RA	MLPI	Difference
Sharpe ratio: Return per unit of total volatility	1.17	—	—
Sortino ratio: Return per unit of downside risk	1.74	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.47	—	—
Martin ratio: Return relative to average drawdown	4.24	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RA	MLPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	3.69	-3.40

Drawdowns

RA vs. MLPI - Drawdown Comparison

The maximum RA drawdown since its inception was -50.66%, which is greater than MLPI's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for RA and MLPI.

Drawdown Indicators

	RA	MLPI	Difference
Max Drawdown Largest peak-to-trough decline	-50.66%	-5.38%	-45.28%
Max Drawdown (1Y) Largest decline over 1 year	-6.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.83%	—	—
Current Drawdown Current decline from peak	-3.50%	-2.92%	-0.58%
Average Drawdown Average peak-to-trough decline	-8.08%	-1.28%	-6.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	—	—

Volatility

Volatility by Period

	RA	MLPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.31%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.45%	13.05%	-4.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.60%	13.05%	+4.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.65%	13.05%	+7.60%

RA vs. MLPI - Expense Ratio Comparison

RA has a 2.76% expense ratio, which is higher than MLPI's 0.68% expense ratio.

Dividends

RA vs. MLPI - Dividend Comparison

RA's dividend yield for the trailing twelve months is around 11.10%, more than MLPI's 5.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
MLPI Neos MLP & Energy Infrastructure High Income ETF	5.99%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RA Brookfield Real Assets Income Fund Inc.	11.10%	10.93%	10.63%	16.74%	14.79%	11.31%	13.39%	11.19%	12.52%	10.22%	0.89%

Frequently Asked Questions

Can I hold both RA and MLPI in my portfolio?

RA and MLPI have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.