STLG vs. ENFR

Last updated Jun 21, 2026

STLG (iShares Factors US Growth Style ETF) and ENFR (Alerian Energy Infrastructure ETF) are both exchange-traded funds - STLG is a Large Cap Growth Equities fund tracking the Russell US Large Cap Factors Growth Style Index, while ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index. Both are passively managed. Over the past 5 years, STLG returned 19.50%/yr vs 19.88%/yr for ENFR. At a 0.32 correlation, their price movements are largely independent. STLG charges 0.25%/yr vs 0.35%/yr for ENFR.

Performance

STLG vs. ENFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Factors US Growth Style ETF (STLG) and Alerian Energy Infrastructure ETF (ENFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STLG achieves a 19.58% return, which is significantly lower than ENFR's 21.84% return.

STLG

• 1D: 1.83%
• 1M: 4.70%
• YTD: 19.58%
• 6M: 19.30%
• 1Y: 42.31%
• 3Y*: 31.52%
• 5Y*: 19.50%
• 10Y*: —

ENFR

• 1D: 0.19%
• 1M: -5.96%
• YTD: 21.84%
• 6M: 24.56%
• 1Y: 23.59%
• 3Y*: 26.56%
• 5Y*: 19.88%
• 10Y*: 11.69%

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

STLG vs. ENFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
STLG iShares Factors US Growth Style ETF	19.58%	21.49%	37.42%	42.86%	-26.75%	27.99%	26.51%
ENFR Alerian Energy Infrastructure ETF	21.84%	5.88%	42.17%	15.63%	17.48%	39.97%	-25.68%

Correlation

The correlation between STLG and ENFR is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since Jan 16, 2020	0.32

The correlation between STLG and ENFR shifts across timeframes, from -0.11 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.

STLG vs. ENFR - Sectors Allocation Comparison

Sectors	STLG	ENFR
Technology	54.2%	-
Consumer Cyclical	16.7%	-
Healthcare	8.8%	-
Communication Services	6.3%	-
Industrials	5.7%	3.4%
Consumer Defensive	3.0%	-
Financial Services	2.2%	0.1%
Utilities	1.6%	1.4%
Energy	1.1%	98.5%
Basic Materials	0.2%	-
Real Estate	0.0%	-

Return for Risk

STLG vs. ENFR — Risk / Return Rank

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

STLG

STLG Risk / Return Rank: 66
STLG Sharpe Ratio Rank: 71
STLG Sortino Ratio Rank: 64
STLG Omega Ratio Rank: 65
STLG Calmar Ratio Rank: 64
STLG Martin Ratio Rank: 67

ENFR

ENFR Risk / Return Rank: 50
ENFR Sharpe Ratio Rank: 49
ENFR Sortino Ratio Rank: 48
ENFR Omega Ratio Rank: 46
ENFR Calmar Ratio Rank: 60
ENFR Martin Ratio Rank: 46

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.

STLG vs. ENFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Factors US Growth Style ETF (STLG) and Alerian Energy Infrastructure ETF (ENFR). 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.

	STLG	ENFR	Difference
Sharpe ratio: Return per unit of total volatility	2.19	1.64	+0.55
Sortino ratio: Return per unit of downside risk	2.83	2.29	+0.55
Omega ratio: Gain probability vs. loss probability	1.37	1.28	+0.09
Calmar ratio: Return relative to maximum drawdown	3.04	2.80	+0.24
Martin ratio: Return relative to average drawdown	11.84	7.23	+4.61

STLG vs. ENFR - Sharpe Ratio Comparison

The current STLG Sharpe Ratio is 2.19, which is higher than the ENFR Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of STLG and ENFR, 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

STLG vs. ENFR - Drawdown Comparison

The maximum STLG drawdown since its inception was -31.34%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for STLG and ENFR.

Drawdown Indicators

	STLG	ENFR	Difference
Max Drawdown Largest peak-to-trough decline	-31.34%	-68.28%	+36.94%
Max Drawdown (1Y) Largest decline over 1 year	-13.69%	-8.64%	-5.05%
Max Drawdown (3Y) Largest decline over 3 years	-23.73%	-15.58%	-8.15%
Max Drawdown (5Y) Largest decline over 5 years	-30.61%	-20.29%	-10.32%
Max Drawdown (10Y) Largest decline over 10 years	—	-62.64%	—
Current Drawdown Current decline from peak	-2.14%	-7.06%	+4.92%
Average Drawdown Average peak-to-trough decline	-7.33%	-15.94%	+8.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.50%	3.34%	+0.16%

Volatility

STLG vs. ENFR - Volatility Comparison

iShares Factors US Growth Style ETF (STLG) has a higher volatility of 8.27% compared to Alerian Energy Infrastructure ETF (ENFR) at 5.34%. This indicates that STLG's price experiences larger fluctuations and is considered to be riskier than ENFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STLG	ENFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.27%	5.34%	+2.93%
Volatility (6M) Calculated over the trailing 6-month period	15.47%	11.57%	+3.90%
Volatility (1Y) Calculated over the trailing 1-year period	19.03%	14.77%	+4.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.18%	19.25%	+2.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.97%	24.67%	-0.70%

STLG vs. ENFR - Expense Ratio Comparison

STLG has a 0.25% expense ratio, which is lower than ENFR's 0.35% expense ratio.

Dividends

STLG vs. ENFR - Dividend Comparison

STLG's dividend yield for the trailing twelve months is around 0.27%, less than ENFR's 4.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENFR Alerian Energy Infrastructure ETF	4.12%	4.77%	4.41%	5.48%	5.23%	7.86%	7.57%	5.81%	3.98%	2.98%	3.31%	3.34%
STLG iShares Factors US Growth Style ETF	0.27%	0.31%	0.38%	0.75%	1.85%	0.67%	0.75%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STLG and ENFR in my portfolio?

STLG and ENFR have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STLG or ENFR?

STLG has higher volatility (8.27%) compared to ENFR (5.34%). In terms of maximum drawdown, STLG dropped -31.34% vs ENFR's -68.28%.

Which ETF is better, STLG or ENFR?

On 5-year performance, ENFR leads with 19.88% vs 19.50% for STLG. On fees, STLG is cheaper at 0.25% per year. On volatility, ENFR has been the lower-risk option at 5.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STLG or ENFR?

Over the 5-year period, ENFR has performed better with a 19.88% return vs 19.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STLG or ENFR?

STLG is cheaper with a 0.25% expense ratio, compared with 0.35% for ENFR.

Which ETF pays a higher dividend yield, STLG or ENFR?

ENFR has the higher dividend yield at 4.12%, compared with 0.27% for STLG.

What is the main difference between STLG and ENFR?

STLG is categorized as Large Cap Growth Equities, while ENFR is Energy Equities. STLG tracks Russell US Large Cap Factors Growth Style Index, while ENFR tracks Alerian Midstream Energy Select Index. They also come from different issuers: iShares and SS&C. Their fees differ too: 0.25% for STLG and 0.35% for ENFR.

Which has better risk-adjusted returns?

STLG currently has the higher Sharpe Ratio (2.19 vs 1.64), 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.