MLPRETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN
The index measures the composite performance of energy MLPs, and is calculated by S&P using a capped, float-adjusted, capitalization-weighted methodology. The index Constituent Securities earn the majority of their cash flow from qualifying midstream activities involving energy commodities.
UBS · Since 2020 (5 years)
0.00%
#5332 out of 5,332 ETFs
$11M
#4494 out of 5,332 ETFs
9.14%
5 years
#2161 out of 5,332 ETFs
Performance
1 Year
+39.8%
3 Years
+34.2%
5 Years
+32.8%
What's inside
Risk profile
20.4%
High
-49.0%
Worst peak-to-trough loss
1.19
Excellent risk-adjusted returns
1.68
Good downside protection
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05