TRMD vs. MLPR
Compare and contrast key facts about TORM plc (TRMD) and ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR).
MLPR is a passively managed fund by UBS that tracks the performance of the Alerian MLP Index (150%). It was launched on Jun 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRMD or MLPR.
Correlation
The correlation between TRMD and MLPR is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TRMD vs. MLPR - Performance Comparison
Key characteristics
TRMD:
-0.73
MLPR:
1.26
TRMD:
-0.91
MLPR:
1.81
TRMD:
0.90
MLPR:
1.22
TRMD:
-0.50
MLPR:
2.11
TRMD:
-1.36
MLPR:
6.66
TRMD:
17.55%
MLPR:
4.28%
TRMD:
32.61%
MLPR:
22.69%
TRMD:
-48.24%
MLPR:
-48.98%
TRMD:
-47.92%
MLPR:
-12.17%
Returns By Period
In the year-to-date period, TRMD achieves a -25.01% return, which is significantly lower than MLPR's 28.81% return.
TRMD
-25.01%
-16.72%
-41.67%
-29.14%
29.76%
N/A
MLPR
28.81%
-3.75%
7.44%
27.86%
N/A
N/A
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Risk-Adjusted Performance
TRMD vs. MLPR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TORM plc (TRMD) and ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR). 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.
Dividends
TRMD vs. MLPR - Dividend Comparison
TRMD's dividend yield for the trailing twelve months is around 39.05%, more than MLPR's 9.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
TRMD TORM plc | 39.05% | 23.05% | 6.99% | 0.00% | 14.89% |
MLPR ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN | 9.78% | 10.08% | 10.07% | 10.69% | 4.21% |
Drawdowns
TRMD vs. MLPR - Drawdown Comparison
The maximum TRMD drawdown since its inception was -48.24%, roughly equal to the maximum MLPR drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for TRMD and MLPR. For additional features, visit the drawdowns tool.
Volatility
TRMD vs. MLPR - Volatility Comparison
The current volatility for TORM plc (TRMD) is 9.65%, while ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) has a volatility of 10.24%. This indicates that TRMD experiences smaller price fluctuations and is considered to be less risky than MLPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.