AMLP Alternatives & Similar ETFs

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 7 ETFs in the MLPs category with lower expense ratios, going as low as 0.45%.

Symbol	Name	Expense Ratio	AUM	Inception
MLPX	Global X MLP & Energy Infrastructure ETF	0.45%	3.64B	Aug 2013	AMLP vs MLPX
TMLP	Tortoise MLP ETF	0.50%	37.78M	Dec 2025	AMLP vs TMLP
MLPI	NEOS MLP & Energy Infrastructure High Income ETF	0.68%	831.04M	Dec 2025	AMLP vs MLPI
AMTR	ETRACS Alerian Midstream Energy Total Return Index...	0.75%	76.81M	Oct 2020	AMLP vs AMTR
MLPA	Global X MLP ETF	0.77%	2.29B	Apr 2012	AMLP vs MLPA

Best Risk-Adjusted Alternatives to AMLP

AMLP has a PortfoliosLab risk / return rank of 67. There are 4 ETFs in the MLPs category with higher risk-adjusted ranks, going as high as 80.

Symbol	Name	Risk / Return Rank	AUM	Inception
EMLP	First Trust North American Energy Infrastructure F...	80	4.13B	Jun 2012	AMLP vs EMLP
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	72	231.17M	Oct 2015	AMLP vs MLPB
MLPX	Global X MLP & Energy Infrastructure ETF	69	3.64B	Aug 2013	AMLP vs MLPX
MLPA	Global X MLP ETF	68	2.29B	Apr 2012	AMLP vs MLPA
ATMP	Barclays ETN+ Select MLP ETN	64	685.10M	Mar 2013	AMLP vs ATMP

Top Performing AMLP Alternatives (YTD)

AMLP is at 21.95% YTD. There are 5 ETFs in the MLPs category with higher YTD returns, going as high as 28.81%.

Symbol	Name	YTD Return	AUM	Inception
AMZA	InfraCap MLP ETF	28.81%	467.54M	Oct 2014	AMLP vs AMZA
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	26.71%	231.17M	Oct 2015	AMLP vs MLPB
MLPX	Global X MLP & Energy Infrastructure ETF	25.38%	3.64B	Aug 2013	AMLP vs MLPX
ATMP	Barclays ETN+ Select MLP ETN	25.27%	685.10M	Mar 2013	AMLP vs ATMP
AMUB	ETRACS Alerian MLP Index ETN Class B	22.57%	39.20M	Oct 2015	AMLP vs AMUB

Lowest Volatility Alternatives to AMLP

AMLP has 12.50% 1-year volatility. There are 2 ETFs in the MLPs category with lower 1-year volatility, going as low as 10.35%.

Symbol	Name	Volatility 1Y	AUM	Inception
EMLP	First Trust North American Energy Infrastructure F...	10.35%	4.13B	Jun 2012	AMLP vs EMLP
MLPA	Global X MLP ETF	12.37%	2.29B	Apr 2012	AMLP vs MLPA
MLPI	NEOS MLP & Energy Infrastructure High Income ETF	13.28%	831.04M	Dec 2025	AMLP vs MLPI
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	14.08%	231.17M	Oct 2015	AMLP vs MLPB
TMLP	Tortoise MLP ETF	14.28%	37.78M	Dec 2025	AMLP vs TMLP

Lowest Drawdown Alternatives to AMLP

AMLP has a 1-year max drawdown of -8.47%. 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
EMLP	First Trust North American Energy Infrastructure F...	-4.94%	4.13B	Jun 2012	AMLP vs EMLP
MLPA	Global X MLP ETF	-7.73%	2.29B	Apr 2012	AMLP vs MLPA
MLPX	Global X MLP & Energy Infrastructure ETF	-8.18%	3.64B	Aug 2013	AMLP vs MLPX
ATMP	Barclays ETN+ Select MLP ETN	-8.30%	685.10M	Mar 2013	AMLP vs ATMP
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	-9.28%	231.17M	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 12 categories. AUM among these funds goes as high as $1B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ENFR	Alerian Energy Infrastructure ETF	Infrastructure Equities, Energy Equities	76	27.46%	519.57M	Oct 2013	AMLP vs ENFR
EQL	ALPS Equal Sector Weight ETF	Large Cap Blend Equities	85	11.79%	744.97M	Jul 2009	AMLP vs EQL
SDOG	ALPS Sector Dividend Dogs ETF	Large Cap Value Equities, Dividend	94	20.96%	1.41B	Jun 2012	AMLP vs SDOG
ACES	ALPS Clean Energy ETF	Alternative Energy Equities, Energy Equities	23	-3.43%	116.43M	Jun 2018	AMLP vs ACES
SBIO	ALPS Medical Breakthroughs ETF	Health & Biotech Equities	95	24.03%	201.57M	Dec 2014	AMLP vs SBIO
IDOG	ALPS International Sector Dividend Dogs ETF	Foreign Large Cap Equities, Dividend	93	16.40%	549.25M	Jun 2013	AMLP vs IDOG
RDOG	ALPS REIT Dividend Dogs ETF	REIT, Dividend	72	19.44%	11.38M	May 2008	AMLP vs RDOG
RFDA	RiverFront Dynamic US Dividend Advantage ETF	Large Cap Growth Equities, Dividend	91	15.03%	88.05M	Jun 2016	AMLP vs RFDA
BFOR	ALPS Barron's 400 ETF	Mid Cap Blend Equities	74	16.49%	230.06M	Jun 2013	AMLP vs BFOR
DTEC	ALPS Disruptive Technologies ETF	Technology Equities	16	4.55%	72.27M	Dec 2017	AMLP vs DTEC

Often Compared With AMLP

Investors most often compare AMLP with XLE, SPY, ET. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	75	33.31%	38.64B	Dec 1998	AMLP vs XLE
SPY	State Street SPDR S&P 500 ETF	S&P 500	78	11.70%	789.06B	Jan 1993	AMLP vs SPY
ET	Energy Transfer LP		82	27.45%	—	—	AMLP vs ET
KYN	Kayne Anderson Energy Infrastructure Fund	Infrastructure Equities, Energy Equities	57	22.09%	—	Sep 2024	AMLP vs KYN
VDE	Vanguard Energy ETF	Energy Equities	76	33.37%	11.00B	Sep 2004	AMLP vs VDE
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	95	24.36%	104.16B	Oct 2011	AMLP vs SCHD
TPYP	Tortoise North American Pipeline Fund	Energy Equities	75	22.76%	685.69M	Jun 2015	AMLP vs TPYP
NML	Neuberger Berman MLP	MLPs, Energy Equities	66	28.72%	—	Mar 2013	AMLP vs NML
AMJB	Alerian MLP Index ETN	Energy Equities	48	24.37%	685.14M	Jan 2024	AMLP vs AMJB
HIPS	GraniteShares HIPS US High Income ETF	Diversified Portfolio	27	5.21%	111.03M	Jan 2015	AMLP vs HIPS
PMLP.L	HANetf Alerian Midstream Energy Dividend UCITS ETF	Energy Equities	59	27.72%	57.16M	Jul 2020	AMLP vs PMLP.L
USAC	USA Compression Partners, LP		67	18.70%	—	—	AMLP vs USAC
QQQ	Invesco QQQ ETF	Nasdaq-100	58	14.23%	452.80B	Mar 1999	AMLP vs QQQ
SBLK	Star Bulk Carriers Corp.		89	54.70%	—	—	AMLP vs SBLK
ASGI	Abrdn Global Infrastructure Income Fund	Infrastructure Equities, Industrials Equities	35	12.43%	—	Jul 2020	AMLP vs ASGI
THQ	Abrdn Healthcare Opportunities Fund	Health & Biotech Equities	55	4.92%	—	Jul 2014	AMLP vs THQ
XES	SPDR S&P Oil & Gas Equipment & Services ETF	Energy Equities	87	35.44%	346.83M	Jun 2006	AMLP vs XES
KNTK	Kinetik Holdings Inc		63	44.43%	—	—	AMLP vs KNTK
VRAI	Virtus Real Asset Income ETF	REIT	92	23.35%	18.54M	Feb 2019	AMLP vs VRAI
WDI	Western Asset Diversified Income Fund	Multisector Bonds	3	0.85%	—	Jun 2021	AMLP vs WDI

Compare AMLP with Any Fund or Stock

Compare AMLP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

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

Alerian MLP ETF (AMLP) Alternatives