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.
Performance
TRMD vs. MLPR - Performance Comparison
Returns By Period
In the year-to-date period, TRMD achieves a -10.92% return, which is significantly lower than MLPR's 33.83% return.
TRMD
-10.92%
-20.10%
-31.61%
-14.95%
37.00%
N/A
MLPR
33.83%
9.49%
14.15%
35.01%
N/A
N/A
Key characteristics
| TRMD | MLPR | |
|---|---|---|
| Sharpe Ratio | -0.49 | 1.66 |
| Sortino Ratio | -0.50 | 2.28 |
| Omega Ratio | 0.94 | 1.29 |
| Calmar Ratio | -0.40 | 2.81 |
| Martin Ratio | -1.24 | 8.57 |
| Ulcer Index | 13.00% | 4.09% |
| Daily Std Dev | 32.65% | 21.12% |
| Max Drawdown | -47.14% | -48.98% |
| Current Drawdown | -38.14% | 0.00% |
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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.
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 19.57%, more than MLPR's 9.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
TRMD TORM plc | 19.57% | 23.05% | 6.99% | 0.00% | 14.89% |
MLPR ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN | 9.41% | 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 9.90% compared to ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) at 8.48%. 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.