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 0.31, 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:
-0.56
MLPR:
2.10
TRMD:
-0.61
MLPR:
2.78
TRMD:
0.93
MLPR:
1.35
TRMD:
-0.42
MLPR:
3.63
TRMD:
-1.01
MLPR:
10.34
TRMD:
18.78%
MLPR:
4.74%
TRMD:
34.06%
MLPR:
23.35%
TRMD:
-47.14%
MLPR:
-48.98%
TRMD:
-38.40%
MLPR:
0.00%
Returns By Period
In the year-to-date period, TRMD achieves a 4.83% return, which is significantly lower than MLPR's 13.07% return.
TRMD
4.83%
10.57%
-34.01%
-22.15%
33.38%
N/A
MLPR
13.07%
17.29%
15.49%
49.31%
N/A
N/A
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Risk-Adjusted Performance
TRMD vs. MLPR — Risk-Adjusted Performance Rank
TRMD
MLPR
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 43.45%, more than MLPR's 8.91% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
TRMD TORM plc | 43.45% | 45.55% | 23.05% | 6.99% | 0.00% | 14.89% |
MLPR ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN | 8.91% | 9.57% | 10.08% | 10.07% | 10.69% | 4.21% |
Drawdowns
TRMD vs. MLPR - Drawdown Comparison
The maximum TRMD drawdown since its inception was -47.14%, 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
TORM plc (TRMD) has a higher volatility of 15.14% compared to ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) at 9.29%. This indicates that TRMD's price experiences larger fluctuations and is considered to be riskier than MLPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.