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MLPR vs MLPA

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN vs Global X MLP ETF

MLPR

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN

UBS

Annual cost

0.00%

Fund size

$11M

MLPA

Global X MLP ETF

Global X Funds

Annual cost

0.77%

Fund size

$2.2B

Key differences

  • MLPR costs 0.77% less per year.
  • MLPA is significantly larger than MLPR — larger funds tend to be more liquid and less likely to close.
  • MLPR follows a leveraged strategy; MLPA uses index tracking.
  • Over the last 3 years, MLPR has delivered higher annualized returns.
  • MLPA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MLPRMLPA
Annual cost (TER)0.00%0.77%
Fund size (AUM)$11M$2.2B
Since20202012
Dividend yield8.85%6.94%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedindex tracking
CAGR 1Y+35.2%+17.1%
CAGR 3Y+32.2%+17.1%
CAGR 5Y+30.2%+16.8%
Sharpe 3Y1.130.95
Volatility 1Y20.56%11.95%
Max drawdown-48.99%-74.03%

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

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