SMLPX vs. FMGIX
Compare and contrast key facts about Salient MLP & Energy Infrastructure Fund (SMLPX) and Frontier MFG Core Infrastructure Fund (FMGIX).
SMLPX is managed by Salient Funds. It was launched on Sep 18, 2012. FMGIX is managed by Frontier Funds. It was launched on Jan 17, 2012.
Performance
SMLPX vs. FMGIX - Performance Comparison
Loading graphics...
SMLPX vs. FMGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMLPX Salient MLP & Energy Infrastructure Fund | 20.14% | 5.22% | 37.87% | 14.06% | 14.69% | 22.69% | -17.25% | 16.36% | -18.10% | -6.80% |
FMGIX Frontier MFG Core Infrastructure Fund | 6.75% | 22.67% | 34.26% | 4.86% | -9.46% | 13.84% | -1.36% | 28.00% | -6.62% | 20.25% |
Returns By Period
In the year-to-date period, SMLPX achieves a 20.14% return, which is significantly higher than FMGIX's 6.75% return. Over the past 10 years, SMLPX has outperformed FMGIX with an annualized return of 12.19%, while FMGIX has yielded a comparatively lower 10.03% annualized return.
SMLPX
- 1D
- -1.05%
- 1M
- 2.67%
- YTD
- 20.14%
- 6M
- 18.72%
- 1Y
- 19.59%
- 3Y*
- 25.70%
- 5Y*
- 19.94%
- 10Y*
- 12.19%
FMGIX
- 1D
- 0.80%
- 1M
- -5.22%
- YTD
- 6.75%
- 6M
- 8.05%
- 1Y
- 20.40%
- 3Y*
- 20.79%
- 5Y*
- 13.22%
- 10Y*
- 10.03%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SMLPX vs. FMGIX - Expense Ratio Comparison
SMLPX has a 1.35% expense ratio, which is higher than FMGIX's 0.50% expense ratio.
Return for Risk
SMLPX vs. FMGIX — Risk / Return Rank
SMLPX
FMGIX
SMLPX vs. FMGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Salient MLP & Energy Infrastructure Fund (SMLPX) and Frontier MFG Core Infrastructure Fund (FMGIX). 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.
| SMLPX | FMGIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 1.75 | -0.69 |
Sortino ratioReturn per unit of downside risk | 1.39 | 2.26 | -0.87 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.34 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.27 | 2.81 | -1.54 |
Martin ratioReturn relative to average drawdown | 4.07 | 10.65 | -6.58 |
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
| SMLPX | FMGIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 1.75 | -0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 0.47 | +0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.19 | +0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.24 | +0.03 |
Correlation
The correlation between SMLPX and FMGIX is 0.44, 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
SMLPX vs. FMGIX - Dividend Comparison
SMLPX's dividend yield for the trailing twelve months is around 3.74%, less than FMGIX's 31.50% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMLPX Salient MLP & Energy Infrastructure Fund | 3.74% | 4.45% | 4.48% | 5.75% | 2.19% | 3.69% | 5.82% | 4.54% | 6.21% | 6.09% | 6.31% | 8.63% |
FMGIX Frontier MFG Core Infrastructure Fund | 31.50% | 33.65% | 48.77% | 4.79% | 3.98% | 2.63% | 2.38% | 2.63% | 3.09% | 3.15% | 2.83% | 2.79% |
Drawdowns
SMLPX vs. FMGIX - Drawdown Comparison
The maximum SMLPX drawdown since its inception was -73.06%, which is greater than FMGIX's maximum drawdown of -57.57%. Use the drawdown chart below to compare losses from any high point for SMLPX and FMGIX.
Loading graphics...
Drawdown Indicators
| SMLPX | FMGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.06% | -57.57% | -15.49% |
Max Drawdown (1Y)Largest decline over 1 year | -15.57% | -7.74% | -7.83% |
Max Drawdown (5Y)Largest decline over 5 years | -21.32% | -26.61% | +5.29% |
Max Drawdown (10Y)Largest decline over 10 years | -60.49% | -57.57% | -2.92% |
Current DrawdownCurrent decline from peak | -1.05% | -5.22% | +4.17% |
Average DrawdownAverage peak-to-trough decline | -27.46% | -5.37% | -22.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.87% | 2.04% | +2.83% |
Volatility
SMLPX vs. FMGIX - Volatility Comparison
The current volatility for Salient MLP & Energy Infrastructure Fund (SMLPX) is 3.57%, while Frontier MFG Core Infrastructure Fund (FMGIX) has a volatility of 3.97%. This indicates that SMLPX experiences smaller price fluctuations and is considered to be less risky than FMGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SMLPX | FMGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.57% | 3.97% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 9.42% | 6.97% | +2.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.72% | 11.91% | +6.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.94% | 28.44% | -8.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.34% | 52.56% | -28.22% |