MLPI vs ETJ

Comparison between NEOS MLP & ENERGY INFRASTRUCTURE HIGH INCOME ETF (MLPI, ETF) and Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ, ETF).

MLPI vs ETJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MLPI(ETF)	ETJ(ETF)
Net Assets	$628M	$626M
Expense Ratio	0.68%	N/A
Max Drawdown	6.48%	67.20%
Sharpe Ratio	2.71	0.02
5Y Beta	-0.12	0.68
P/E Ratio	29.54	N/A
Forward P/E	15.95	N/A
5Y Dividends CAGR	N/A	-1.48%
5Y EPS CAGR	20.77%	N/A
P/S Ratio	1.36	N/A
P/B Ratio	3.50	N/A

Net Assets

Winner

MLPI

$628M

ETJ

$626M

Expense Ratio

MLPI

0.68%

ETJ

N/A

Max Drawdown

Winner

MLPI

6.48%

ETJ

67.20%

Sharpe Ratio

Winner

MLPI

2.71

ETJ

0.02

5Y Beta

Winner

MLPI

-0.12

ETJ

0.68

P/E Ratio

MLPI

29.54

ETJ

N/A

Forward P/E

MLPI

15.95

ETJ

N/A

5Y Dividends CAGR

MLPI

N/A

ETJ

-1.48%

5Y EPS CAGR

MLPI

20.77%

ETJ

N/A

P/S Ratio

MLPI

1.36

ETJ

N/A

P/B Ratio

MLPI

3.50

ETJ

N/A

MLPI vs ETJ - Historical Returns

Returns include dividend reinvestment.

Period	MLPI	ETJ
1 month	-3.45%	+1.87%
3 months	+2.35%	+1.62%
6 months	+17.73%	+1.29%
1 year	N/A	+3.91%
5 years(CAGR)	N/A	+2.79%
10 years(CAGR)	N/A	+8.43%
Max(CAGR)	+39.25%	+5.38%

MLPI

-3.45%

Winner

ETJ

+1.87%

Winner

MLPI

+2.35%

ETJ

+1.62%

Winner

MLPI

+17.73%

ETJ

+1.29%

MLPI

N/A

ETJ

+3.91%

5Y(CAGR)

MLPI

N/A

ETJ

+2.79%

10Y(CAGR)

MLPI

N/A

ETJ

+8.43%

Max(CAGR)

Winner

MLPI

+39.25%

ETJ

+5.38%

MLPI vs ETJ - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	MLPI	ETJ
2026	+16.09%	-0.67%
2025	+0.56%	+4.37%
2024	N/A	+30.50%
2023	N/A	+14.46%
2022	N/A	-23.01%
2021	N/A	+15.18%
2020	N/A	+22.42%
2019	N/A	+26.64%
2018	N/A	-8.47%
2017	N/A	+18.00%
2016	N/A	+0.02%
2015	N/A	+4.14%
2014	N/A	+4.34%
2013	N/A	+17.40%
2012	N/A	+9.78%
2011	N/A	-13.13%
2010	N/A	-11.37%
2009	N/A	+3.45%
2008	N/A	+6.37%
2007	N/A	-4.18%

MLPI vs ETJ Drawdown Comparison

The maximum drawdown for MLPI was -5.38%, occurring on May 29, 2026. This drawdown has not yet recovered.

The maximum drawdown for ETJ was -32.81%, occurring on Mar 18, 2020. Recovery took 73 trading sessions.

The current MLPI drawdown is -4.24%. The current ETJ drawdown is -2.72%.

Rank	MLPI	ETJ
#1	-5.38% May 22, 2026 - May 29, 2026	-32.81% Feb 19, 2020 - Jun 3, 2020
#2	-4.64% Mar 26, 2026 - Apr 30, 2026	-31.32% Apr 22, 2010 - Jan 14, 2014
#3	-4.04% May 4, 2026 - May 18, 2026	-30.40% Jul 31, 2008 - Jul 21, 2009
#4	-2.78% Dec 23, 2025 - Jan 16, 2026	-28.53% Nov 12, 2021 - Aug 16, 2024
#5	-1.50% Mar 2, 2026 - Mar 19, 2026	-19.65% Oct 1, 2018 - Apr 17, 2019
#6	-0.75% Feb 13, 2026 - Feb 20, 2026	-15.45% Dec 26, 2024 - Jun 30, 2025
#7	-0.69% Jan 30, 2026 - Feb 3, 2026	-15.30% Jul 27, 2007 - Apr 24, 2008
#8	-0.59% Mar 19, 2026 - Mar 23, 2026	-12.54% Jun 18, 2015 - Jul 8, 2016
#9	-0.58% May 19, 2026 - May 22, 2026	-10.41% Feb 2, 2026 - Mar 27, 2026
#10	-0.52% Feb 23, 2026 - Feb 26, 2026	-9.84% Aug 22, 2016 - Jan 25, 2017
#11	-0.26% Jan 16, 2026 - Jan 21, 2026	-8.46% Jan 12, 2018 - Jun 4, 2018
#12	-0.17% Jan 23, 2026 - Jan 27, 2026	-8.25% Nov 28, 2014 - Jun 18, 2015
#13	-0.16% Apr 30, 2026 - May 4, 2026	-8.19% Sep 18, 2014 - Nov 28, 2014
#14	-0.05% Feb 11, 2026 - Feb 13, 2026	-7.97% Sep 1, 2020 - Nov 13, 2020
#15	-0.05% Mar 24, 2026 - Mar 26, 2026	-6.75% Sep 18, 2009 - Jan 8, 2010

Correlation

Correlation between MLPI and ETJ is -0.39 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.39

-101

Dividend Comparison (2007 - 2026)

MLPI vs ETJ dividend yield comparison.

Year	MLPI	ETJ
2026	7.35%	4.67%
2025	0.00%	8.86%
2024	0.00%	8.16%
2023	0.00%	8.86%
2022	0.00%	11.68%
2021	0.00%	8.53%
2020	0.00%	8.79%
2019	0.00%	9.77%
2018	0.00%	11.23%
2017	0.00%	9.82%
2016	0.00%	12.46%
2015	0.00%	10.98%
2014	0.00%	10.47%
2013	0.00%	9.90%
2012	0.00%	11.09%
2011	0.00%	12.23%
2010	0.00%	13.55%
2009	0.00%	10.80%
2008	0.00%	10.01%
2007	0.00%	2.41%