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MLPR vs MLPB

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN vs UBS ETRACS Alerian MLP Infrastructure Index ETN Series B

MLPR

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN

UBS

Annual cost

0.00%

Fund size

$11M

MLPB

UBS ETRACS Alerian MLP Infrastructure Index ETN Series B

UBS

Annual cost

0.85%

Fund size

$225M

Key differences

  • MLPR costs 0.85% less per year.
  • MLPB is significantly larger than MLPR — larger funds tend to be more liquid and less likely to close.
  • MLPR follows a leveraged strategy; MLPB uses index tracking.
  • Over the last 3 years, MLPR has delivered higher annualized returns.
  • MLPB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MLPRMLPB
Annual cost (TER)0.00%0.85%
Fund size (AUM)$11M$225M
Since20202015
Dividend yield8.85%5.80%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedindex tracking
CAGR 1Y+35.2%+22.3%
CAGR 3Y+32.2%+22.2%
CAGR 5Y+30.2%+21.0%
Sharpe 3Y1.131.11
Volatility 1Y20.56%13.49%
Max drawdown-48.99%-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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