RMLPX vs. RSNYX

Last updated Aug 1, 2026

RMLPX (Recurrent MLP & Infrastructure Fund) and RSNYX (Victory Global Energy Transition Fund Class Y) are both mutual funds - RMLPX is a Infrastructure Equities fund managed by Recurrent, while RSNYX is a Energy Equities fund actively managed by Victory. Over the past 5 years, RMLPX returned 27.53%/yr vs 29.74%/yr for RSNYX. Their 0.69 correlation means they have sometimes moved together and sometimes differently. RMLPX charges 1.25%/yr vs 1.15%/yr for RSNYX.

Performance

RMLPX vs. RSNYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Recurrent MLP & Infrastructure Fund (RMLPX) and Victory Global Energy Transition Fund Class Y (RSNYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RMLPX achieves a 39.36% return, which is significantly higher than RSNYX's 28.17% return.

RMLPX

• 1D: 0.60%
• 1M: 7.98%
• 6M: 27.09%
• YTD: 39.36%
• 1Y: 45.90%
• 3Y*: 28.04%
• 5Y*: 27.53%
• 10Y*: —
• ALL TIME*: 14.04%

RSNYX

• 1D: 0.81%
• 1M: -1.74%
• 6M: 12.76%
• YTD: 28.17%
• 1Y: 74.01%
• 3Y*: 27.03%
• 5Y*: 29.74%
• 10Y*: 12.86%
• ALL TIME*: 4.44%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
RMLPX Recurrent MLP & Infrastructure Fund	$0.00	$0.00	$0.00
RSNYX Victory Global Energy Transition Fund Class Y	$0.00	$0.00	$0.00

RMLPX vs. RSNYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
RMLPX Recurrent MLP & Infrastructure Fund	39.36%	8.98%	30.03%	16.79%	35.03%	42.56%	-28.37%	15.33%	-15.93%
RSNYX Victory Global Energy Transition Fund Class Y	28.17%	70.14%	16.28%	-8.32%	35.48%	83.62%	27.86%	-24.32%	-45.63%

Correlation

The correlation between RMLPX and RSNYX is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.24
Correlation (3Y) Balances recent behavior with more history.	0.48
Correlation (5Y) Shows whether the relationship held over a longer period.	0.63
Correlation (All Time) Calculated using the full available price history since Jan 2, 2018	0.69

Over the past year, the correlation between RMLPX and RSNYX has dropped to 0.24 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.

Return for Risk

RMLPX vs. RSNYX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RMLPX

RMLPX Risk / Return Rank: 92
RMLPX Sharpe Ratio Rank: 95
RMLPX Sortino Ratio Rank: 90
RMLPX Omega Ratio Rank: 86
RMLPX Calmar Ratio Rank: 97
RMLPX Martin Ratio Rank: 91

RSNYX

RSNYX Risk / Return Rank: 96
RSNYX Sharpe Ratio Rank: 98
RSNYX Sortino Ratio Rank: 94
RSNYX Omega Ratio Rank: 92
RSNYX Calmar Ratio Rank: 98
RSNYX Martin Ratio Rank: 96

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RMLPX vs. RSNYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Recurrent MLP & Infrastructure Fund (RMLPX) and Victory Global Energy Transition Fund Class Y (RSNYX). 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.

	RMLPX	RSNYX	Difference
Sharpe ratio: Return per unit of total volatility	2.58	3.19	-0.60
Sortino ratio: Return per unit of downside risk	3.40	3.82	-0.42
Omega ratio: Gain probability vs. loss probability	1.43	1.52	-0.09
Calmar ratio: Return relative to maximum drawdown	4.88	6.34	-1.46
Martin ratio: Return relative to average drawdown	13.01	17.55	-4.54

RMLPX vs. RSNYX - Sharpe Ratio Comparison

The current RMLPX Sharpe Ratio is 2.58, which is comparable to the RSNYX Sharpe Ratio of 3.19. The chart below compares the historical Sharpe Ratios of RMLPX and RSNYX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RMLPX vs. RSNYX - Drawdown Comparison

The maximum RMLPX drawdown since its inception was -66.95%, smaller than the maximum RSNYX drawdown of -89.31%. Use the drawdown chart below to compare losses from any high point for RMLPX and RSNYX.

Drawdown Indicators

	RMLPX	RSNYX	Difference
Max Drawdown Largest peak-to-trough decline	-66.95%	-89.31%	+22.36%
Max Drawdown (1Y) Largest decline over 1 year	-9.09%	-11.65%	+2.56%
Max Drawdown (3Y) Largest decline over 3 years	-18.75%	-24.99%	+6.24%
Max Drawdown (5Y) Largest decline over 5 years	-22.83%	-25.28%	+2.45%
Max Drawdown (10Y) Largest decline over 10 years	—	-84.10%	—
Current Drawdown Current decline from peak	-2.18%	-7.75%	+5.57%
Average Drawdown Average peak-to-trough decline	-10.14%	-32.07%	+21.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.40%	4.20%	-0.80%

Volatility

RMLPX vs. RSNYX - Volatility Comparison

Recurrent MLP & Infrastructure Fund (RMLPX) has a higher volatility of 6.09% compared to Victory Global Energy Transition Fund Class Y (RSNYX) at 4.88%. This indicates that RMLPX's price experiences larger fluctuations and is considered to be riskier than RSNYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RMLPX	RSNYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.09%	4.88%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	14.14%	17.00%	-2.86%
Volatility (1Y) Calculated over the trailing 1-year period	17.19%	23.35%	-6.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.25%	24.59%	-3.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.92%	31.32%	-3.40%

RMLPX vs. RSNYX - Expense Ratio Comparison

RMLPX has a 1.25% expense ratio, which is higher than RSNYX's 1.15% expense ratio.

Dividends

RMLPX vs. RSNYX - Dividend Comparison

RMLPX's dividend yield for the trailing twelve months is around 4.67%, more than RSNYX's 3.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
RMLPX Recurrent MLP & Infrastructure Fund	4.67%	6.38%	7.63%	6.49%	7.08%	8.89%	13.48%	7.25%	5.85%
RSNYX Victory Global Energy Transition Fund Class Y	3.42%	4.39%	1.89%	2.67%	1.07%	0.04%	0.26%	0.25%	0.00%

Frequently Asked Questions

Can I hold both RMLPX and RSNYX in my portfolio?

RMLPX and RSNYX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RMLPX or RSNYX?

RMLPX has higher volatility (6.09%) compared to RSNYX (4.88%). In terms of maximum drawdown, RMLPX dropped -66.95% vs RSNYX's -89.31%.

Which has better risk-adjusted returns?

RSNYX currently has the higher Sharpe Ratio (3.19 vs 2.58), 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.