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 0.30, 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:
-1.19
MLPR:
-0.04
TRMD:
-1.90
MLPR:
0.13
TRMD:
0.79
MLPR:
1.02
TRMD:
-0.81
MLPR:
-0.05
TRMD:
-1.54
MLPR:
-0.24
TRMD:
31.11%
MLPR:
5.29%
TRMD:
40.27%
MLPR:
29.15%
TRMD:
-59.34%
MLPR:
-48.98%
TRMD:
-57.85%
MLPR:
-24.45%
Returns By Period
In the year-to-date period, TRMD achieves a -20.80% return, which is significantly lower than MLPR's -8.96% return.
TRMD
-20.80%
-19.16%
-49.84%
-47.36%
30.62%
N/A
MLPR
-8.96%
-18.38%
-3.54%
-0.85%
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 48.74%, more than MLPR's 11.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
TRMD TORM plc | 48.74% | 30.13% | 23.05% | 6.99% | 0.00% | 14.89% |
MLPR ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN | 11.06% | 9.57% | 10.08% | 10.07% | 10.69% | 4.21% |
Drawdowns
TRMD vs. MLPR - Drawdown Comparison
The maximum TRMD drawdown since its inception was -59.34%, which is greater than MLPR's maximum 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) and ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) have volatilities of 17.69% and 17.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.