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MLPRETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN

Take a bet6y track recordRanked #865 of 949 in this goal

Provides 1.5x leveraged long exposure to the compounded quarterly performance of the Alerian MLP Index, less Accrued Fees.

By UBS · Launched 2020

Annual Cost

0.00%

#5,854 of 5,854 · expensive

Fund Size

$10M

#4,864 of 5,854 · small

Return (1Y)Goal

+37.7%

Track Record

6 years

#2,075 of 5,854 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$13,620+36.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Energy

Focus

MLP

Index tracked

Alerian MLP Index

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
22.4%High

Year-on-year price swings

Max drawdown
-44.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)
1.09Strong risk-adjusted returns
Sortino (3Y)
1.51Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Provides 1.5x leveraged long exposure to the compounded quarterly performance of the Alerian MLP Index, less Accrued Fees.
Strategy
Provides 1.5x leveraged exposure, compounded quarterly, to the Alerian MLP Index — energy master limited partnerships engaged in pipeline transportation, gathering and processing, storage, production and marketing of energy commodities, calculated using a capped, float-adjusted, capitalization-weighted methodology. May pay a variable quarterly coupon linked to the leveraged cash distributions of the underlying MLP constituents.
Inception date
June 2, 2020
Fund family
UBS

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-03