Alerian MLP ETF (AMLP) belongs to the MLPs category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AMLP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AMLP
AMLP charges 0.90% annually. There are 6 ETFs in the MLPs category with lower expense ratios, going as low as 0.45%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X MLP & Energy Infrastructure ETF | 0.45% | 3.54B | Aug 2013 | AMLP vs MLPX | |
| Tortoise MLP ETF | 0.50% | 37.78M | Dec 2025 | AMLP vs TMLP | |
| NEOS MLP & Energy Infrastructure High Income ETF | 0.68% | 746.33M | Dec 2025 | AMLP vs MLPI | |
| Global X MLP ETF | 0.77% | 2.18B | Apr 2012 | AMLP vs MLPA | |
| ETRACS Alerian MLP Index ETN Class B | 0.80% | 37.40M | Oct 2015 | AMLP vs AMUB |
Best Risk-Adjusted Alternatives to AMLP
AMLP has a PortfoliosLab risk / return rank of 54. There are 4 ETFs in the MLPs category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust North American Energy Infrastructure F... | 87 | 4.09B | Jun 2012 | AMLP vs EMLP | |
| Global X MLP & Energy Infrastructure ETF | 72 | 3.54B | Aug 2013 | AMLP vs MLPX | |
| Barclays ETN+ Select MLP ETN | 61 | 656.72M | Mar 2013 | AMLP vs ATMP | |
| ETRACS Alerian MLP Infrastructure Index ETN Series... | 58 | 223.48M | Oct 2015 | AMLP vs MLPB | |
| Global X MLP ETF | 52 | 2.18B | Apr 2012 | AMLP vs MLPA |
Top Performing AMLP Alternatives (YTD)
AMLP is at 18.74% YTD. There are 6 ETFs in the MLPs category with higher YTD returns, going as high as 28.17%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| InfraCap MLP ETF | 28.17% | 454.57M | Oct 2014 | AMLP vs AMZA | |
| Global X MLP & Energy Infrastructure ETF | 27.98% | 3.54B | Aug 2013 | AMLP vs MLPX | |
| Barclays ETN+ Select MLP ETN | 24.32% | 656.72M | Mar 2013 | AMLP vs ATMP | |
| ETRACS Alerian MLP Infrastructure Index ETN Series... | 22.48% | 223.48M | Oct 2015 | AMLP vs MLPB | |
| NEOS MLP & Energy Infrastructure High Income ETF | 20.53% | 746.33M | Dec 2025 | AMLP vs MLPI |
Lowest Volatility Alternatives to AMLP
AMLP has 12.50% 1-year volatility. There is 1 ETF in the MLPs category with lower 1-year volatility, going as low as 10.26%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust North American Energy Infrastructure F... | 10.26% | 4.09B | Jun 2012 | AMLP vs EMLP | |
| Global X MLP ETF | 12.52% | 2.18B | Apr 2012 | AMLP vs MLPA | |
| NEOS MLP & Energy Infrastructure High Income ETF | 13.34% | 746.33M | Dec 2025 | AMLP vs MLPI | |
| ETRACS Alerian MLP Infrastructure Index ETN Series... | 14.19% | 223.48M | Oct 2015 | AMLP vs MLPB | |
| Tortoise MLP ETF | 14.40% | 37.78M | Dec 2025 | AMLP vs TMLP |
Lowest Drawdown Alternatives to AMLP
AMLP has a 1-year max drawdown of -8.94%. There are 4 ETFs in the MLPs category with shallower 1-year drawdowns, going as shallow as -4.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust North American Energy Infrastructure F... | -4.94% | 4.09B | Jun 2012 | AMLP vs EMLP | |
| Global X MLP & Energy Infrastructure ETF | -8.18% | 3.54B | Aug 2013 | AMLP vs MLPX | |
| Barclays ETN+ Select MLP ETN | -8.30% | 656.72M | Mar 2013 | AMLP vs ATMP | |
| Global X MLP ETF | -8.33% | 2.18B | Apr 2012 | AMLP vs MLPA | |
| ETRACS Alerian MLP Infrastructure Index ETN Series... | -9.68% | 223.48M | Oct 2015 | AMLP vs MLPB |
Other ETFs from SS&C
The 10 most viewed SS&C ETFs shown here include ENFR, EQL, SDOG and span 11 categories. AUM among these funds goes as high as $1B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Alerian Energy Infrastructure ETF | Energy Equities | 77 | 28.57% | 479.43M | Oct 2013 | AMLP vs ENFR | |
| ALPS Equal Sector Weight ETF | Large Cap Blend Equities | 69 | 10.57% | 747.14M | Jul 2009 | AMLP vs EQL | |
| ALPS Sector Dividend Dogs ETF | Large Cap Value Equities, Dividend | 83 | 18.72% | 1.38B | Jun 2012 | AMLP vs SDOG | |
| ALPS Clean Energy ETF | Alternative Energy Equities | 22 | 0.52% | 118.97M | Jun 2018 | AMLP vs ACES | |
| ALPS Medical Breakthroughs ETF | Health & Biotech Equities | 95 | 27.56% | 213.08M | Dec 2014 | AMLP vs SBIO | |
| ALPS International Sector Dividend Dogs ETF | Foreign Large Cap Equities, Dividend | 81 | 11.75% | 523.46M | Jun 2013 | AMLP vs IDOG | |
| ALPS REIT Dividend Dogs ETF | REIT, Dividend | 53 | 19.31% | 11.37M | May 2008 | AMLP vs RDOG | |
| ALPS Barron's 400 ETF | Mid Cap Blend Equities | 57 | 14.23% | 227.31M | Jun 2013 | AMLP vs BFOR | |
| ALPS Disruptive Technologies ETF | Technology Equities | 9 | 0.32% | 70.68M | Dec 2017 | AMLP vs DTEC | |
| RiverFront Dynamic US Dividend Advantage ETF | Large Cap Growth Equities, Dividend | 86 | 13.64% | 87.62M | Jun 2016 | AMLP vs RFDA |
Often Compared With AMLP
Investors most often compare AMLP with XLE, SPY, ET. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare AMLP with Any Fund or Stock
Compare AMLP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AMLP with funds that move differently
Alerian MLP ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AMLP.
Explore AMLP Diversifiers