MainGate MLP Fund (IMLPX) belongs to the Energy Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with IMLPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IMLPX
IMLPX charges 1.44% annually. There are 72 mutual funds in the Energy Equities category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Energy Index Fund Admiral Shares | 0.10% | 11.80B | Oct 2004 | IMLPX vs VENAX | |
| Vanguard Energy Fund Admiral Shares | 0.33% | 7.10B | Nov 2001 | IMLPX vs VGELX | |
| Vanguard Energy Opportunities Fund Investor Shares | 0.45% | 7.10B | May 1984 | IMLPX vs VGENX | |
| Frontier MFG Core Infrastructure Fund | 0.50% | — | Jan 2012 | IMLPX vs FMGIX | |
| T. Rowe Price New Era Fund | 0.56% | — | Jan 1969 | IMLPX vs PRNEX |
Best Risk-Adjusted Alternatives to IMLPX
IMLPX has a PortfoliosLab risk / return rank of 34. There are 56 mutual funds in the Energy Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Global Energy Transition Fund Class Y | 96 | — | May 2007 | IMLPX vs RSNYX | |
| Victory Global Energy Transition Fund | 95 | — | Nov 1995 | IMLPX vs RSNRX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 95 | — | Dec 2013 | IMLPX vs MLOZX | |
| Delaware Ivy Energy Fund | 92 | — | Apr 2006 | IMLPX vs IEYYX | |
| GMO Resources Fund | 84 | — | Dec 2011 | IMLPX vs GOFIX |
Top Performing IMLPX Alternatives (YTD)
IMLPX is at 17.62% YTD. There are 40 mutual funds in the Energy Equities category with higher YTD returns, going as high as 58.90%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Oil Equipment & Services UltraSector ProFund | 58.90% | — | Jun 2006 | IMLPX vs OEPIX | |
| Rydex Energy Services Fund | 35.83% | — | Mar 1998 | IMLPX vs RYVIX | |
| Victory Global Energy Transition Fund Class Y | 33.85% | — | May 2007 | IMLPX vs RSNYX | |
| Victory Global Energy Transition Fund | 33.65% | — | Nov 1995 | IMLPX vs RSNRX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 32.43% | — | Dec 2013 | IMLPX vs MLOZX |
Lowest Volatility Alternatives to IMLPX
IMLPX has 13.50% 1-year volatility. There are 27 mutual funds in the Energy Equities category with lower 1-year volatility, going as low as 7.94%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | 7.94% | — | Dec 2016 | IMLPX vs PAXDX | |
| JHancock Infrastructure Fund | 9.85% | — | Dec 2013 | IMLPX vs JEEIX | |
| Cohen & Steers Global Infrastructure Fund, Inc. | 9.85% | — | May 2004 | IMLPX vs CSUIX | |
| EIP Growth and Income Fund (NEW) | 9.94% | — | Aug 2006 | IMLPX vs EIPIX | |
| Centre Global Infrastructure Fund | 9.94% | — | Jan 2018 | IMLPX vs DHIVX |
Lowest Drawdown Alternatives to IMLPX
IMLPX has a 1-year max drawdown of -6.47%. There are 14 mutual funds in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -4.49%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | -4.49% | — | Dec 2016 | IMLPX vs PAXDX | |
| EIP Growth and Income Fund (NEW) | -4.51% | — | Aug 2006 | IMLPX vs EIPIX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | -4.71% | — | Dec 2013 | IMLPX vs MLOZX | |
| Centre Global Infrastructure Fund | -5.29% | — | Jan 2018 | IMLPX vs DHIVX | |
| Delaware Ivy Energy Fund | -5.56% | — | Apr 2006 | IMLPX vs IEYYX |
Often Compared With IMLPX
Investors most often compare IMLPX with FSENX, GAGEX, RGIYX. These 6 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity Select Energy Portfolio | Energy Equities | 39 | 25.07% | — | Jul 1981 | IMLPX vs FSENX | |
| Guinness Atkinson Global Energy Fund | Energy Equities | 40 | 22.20% | — | Jun 2004 | IMLPX vs GAGEX | |
| Russell Investments Global Infrastructure Fund | Energy Equities | 41 | 9.24% | — | Sep 2010 | IMLPX vs RGIYX | |
| Franklin Natural Resources Fund | Energy Equities | 82 | 17.99% | — | Jun 1995 | IMLPX vs FRNRX | |
| Rydex Energy Fund | Energy Equities | 41 | 24.23% | — | Apr 1998 | IMLPX vs RYEIX | |
| Recurrent MLP & Infrastructure Fund | Energy Equities | 57 | 26.92% | — | Nov 2017 | IMLPX vs RMLPX |
Compare IMLPX with Any Fund or Stock
Compare IMLPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IMLPX with funds that move differently
MainGate MLP Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IMLPX.
Explore IMLPX Diversifiers