RMLPX vs. PSPFX

Last updated Apr 1, 2026

Compare and contrast key facts about Recurrent MLP & Infrastructure Fund (RMLPX) and U.S. Global Investors Global Resources Fund (PSPFX).

RMLPX is managed by Rrecurrent Advisors. It was launched on Nov 1, 2017. PSPFX is managed by US Global. It was launched on Aug 2, 1983.

Performance

RMLPX vs. PSPFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Recurrent MLP & Infrastructure Fund (RMLPX) and U.S. Global Investors Global Resources Fund (PSPFX). The values are adjusted to include any dividend payments, if applicable.

RMLPX vs. PSPFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
RMLPX Recurrent MLP & Infrastructure Fund	31.75%	8.98%	30.03%	16.79%	35.03%	42.56%	-28.37%	15.33%	-15.93%
PSPFX U.S. Global Investors Global Resources Fund	5.05%	80.27%	-3.74%	-7.67%	-12.39%	13.97%	37.05%	7.80%	-26.66%

Returns By Period

In the year-to-date period, RMLPX achieves a 31.75% return, which is significantly higher than PSPFX's 5.05% return.

RMLPX

• 1D: -0.94%
• 1M: 10.14%
• YTD: 31.75%
• 6M: 31.23%
• 1Y: 36.53%
• 3Y*: 29.25%
• 5Y*: 28.54%
• 10Y*: —

PSPFX

• 1D: -1.01%
• 1M: -13.48%
• YTD: 5.05%
• 6M: 24.43%
• 1Y: 84.82%
• 3Y*: 18.58%
• 5Y*: 9.40%
• 10Y*: 9.17%

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

RMLPX vs. PSPFX - Expense Ratio Comparison

RMLPX has a 1.25% expense ratio, which is lower than PSPFX's 1.54% expense ratio.

PSPFX

U.S. Global Investors Global Resources Fund

RMLPX

Recurrent MLP & Infrastructure Fund

Return for Risk

RMLPX vs. PSPFX — Risk / Return Rank

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

RMLPX

RMLPX Risk / Return Rank: 87
RMLPX Sharpe Ratio Rank: 90
RMLPX Sortino Ratio Rank: 87
RMLPX Omega Ratio Rank: 87
RMLPX Calmar Ratio Rank: 86
RMLPX Martin Ratio Rank: 85

PSPFX

PSPFX Risk / Return Rank: 97
PSPFX Sharpe Ratio Rank: 98
PSPFX Sortino Ratio Rank: 96
PSPFX Omega Ratio Rank: 95
PSPFX Calmar Ratio Rank: 98
PSPFX Martin Ratio Rank: 98

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.

RMLPX vs. PSPFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Recurrent MLP & Infrastructure Fund (RMLPX) and U.S. Global Investors Global Resources Fund (PSPFX). 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.

	RMLPX	PSPFX	Difference
Sharpe ratio Return per unit of total volatility	1.87	3.15	-1.28
Sortino ratio Return per unit of downside risk	2.33	3.48	-1.15
Omega ratio Gain probability vs. loss probability	1.37	1.54	-0.17
Calmar ratio Return relative to maximum drawdown	2.24	4.64	-2.40
Martin ratio Return relative to average drawdown	8.80	18.63	-9.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RMLPX vs. PSPFX - Sharpe Ratio Comparison

The current RMLPX Sharpe Ratio is 1.87, which is lower than the PSPFX Sharpe Ratio of 3.15. The chart below compares the historical Sharpe Ratios of RMLPX and PSPFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RMLPX	PSPFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.87	3.15	-1.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.35	0.41	+0.93
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.19	+0.30

Correlation

The correlation between RMLPX and PSPFX is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

RMLPX vs. PSPFX - Dividend Comparison

RMLPX's dividend yield for the trailing twelve months is around 4.89%, more than PSPFX's 0.79% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RMLPX Recurrent MLP & Infrastructure Fund	4.89%	6.38%	7.63%	6.49%	7.08%	8.89%	13.48%	7.25%	5.85%	0.00%	0.00%	0.00%
PSPFX U.S. Global Investors Global Resources Fund	0.79%	0.83%	4.34%	0.00%	15.68%	18.92%	5.49%	1.90%	4.70%	3.01%	3.33%	1.12%

Drawdowns

RMLPX vs. PSPFX - Drawdown Comparison

The maximum RMLPX drawdown since its inception was -66.95%, smaller than the maximum PSPFX drawdown of -79.09%. Use the drawdown chart below to compare losses from any high point for RMLPX and PSPFX.

Drawdown Indicators

	RMLPX	PSPFX	Difference
Max Drawdown Largest peak-to-trough decline	-66.95%	-79.09%	+12.14%
Max Drawdown (1Y) Largest decline over 1 year	-16.37%	-17.96%	+1.59%
Max Drawdown (5Y) Largest decline over 5 years	-22.83%	-39.15%	+16.32%
Max Drawdown (10Y) Largest decline over 10 years	—	-56.80%	—
Current Drawdown Current decline from peak	-0.94%	-15.91%	+14.97%
Average Drawdown Average peak-to-trough decline	-10.40%	-42.65%	+32.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.16%	4.47%	-0.31%

Volatility

RMLPX vs. PSPFX - Volatility Comparison

The current volatility for Recurrent MLP & Infrastructure Fund (RMLPX) is 4.41%, while U.S. Global Investors Global Resources Fund (PSPFX) has a volatility of 10.47%. This indicates that RMLPX experiences smaller price fluctuations and is considered to be less risky than PSPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RMLPX	PSPFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.41%	10.47%	-6.06%
Volatility (6M) Calculated over the trailing 6-month period	11.03%	23.43%	-12.40%
Volatility (1Y) Calculated over the trailing 1-year period	19.93%	27.28%	-7.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.32%	22.85%	-1.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.16%	21.64%	+6.52%