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MLPD vs MLPB

Global X MLP & Energy Infrastructure Covered Call ETF vs UBS ETRACS Alerian MLP Infrastructure Index ETN Series B

MLPD

Global X MLP & Energy Infrastructure Covered Call ETF

Global X Funds

Annual cost

0.60%

Fund size

$29M

MLPB

UBS ETRACS Alerian MLP Infrastructure Index ETN Series B

UBS

Annual cost

0.85%

Fund size

$225M

Key differences

  • MLPD costs 0.25% less per year.
  • MLPB is significantly larger than MLPD — larger funds tend to be more liquid and less likely to close.
  • MLPD follows a option income strategy; MLPB uses index tracking.
  • MLPB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MLPDMLPB
Annual cost (TER)0.60%0.85%
Fund size (AUM)$29M$225M
Since20242015
Dividend yield10.61%5.80%
Asset classequityequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+15.4%+22.3%
CAGR 3YN/A+22.2%
CAGR 5YN/A+21.0%
Sharpe 3YN/A1.11
Volatility 1Y7.34%13.49%
Max drawdown-12.90%-71.92%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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