Global X MLP ETF (MLPA) 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 MLPA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MLPA
MLPA charges 0.77% annually. There are 4 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% | 3.64B | Aug 2013 | MLPA vs MLPX | |
| Tortoise MLP ETF | 0.50% | 37.78M | Dec 2025 | MLPA vs TMLP | |
| NEOS MLP & Energy Infrastructure High Income ETF | 0.68% | 831.04M | Dec 2025 | MLPA vs MLPI | |
| ETRACS Alerian Midstream Energy Total Return Index... | 0.75% | 76.81M | Oct 2020 | MLPA vs AMTR | |
| ETRACS Alerian MLP Index ETN Class B | 0.80% | 39.20M | Oct 2015 | MLPA vs AMUB |
Best Risk-Adjusted Alternatives to MLPA
MLPA has a PortfoliosLab risk / return rank of 64. There are 5 ETFs in the MLPs category with higher risk-adjusted ranks, going as high as 80.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust North American Energy Infrastructure F... | 80 | 4.13B | Jun 2012 | MLPA vs EMLP | |
| Global X MLP & Energy Infrastructure ETF | 74 | 3.64B | Aug 2013 | MLPA vs MLPX | |
| ETRACS Alerian MLP Infrastructure Index ETN Series... | 69 | 231.17M | Oct 2015 | MLPA vs MLPB | |
| Barclays ETN+ Select MLP ETN | 68 | 685.10M | Mar 2013 | MLPA vs ATMP | |
| Alerian MLP ETF | 66 | 13.00B | Aug 2010 | MLPA vs AMLP |
Top Performing MLPA Alternatives (YTD)
MLPA is at 21.83% YTD. There are 7 ETFs in the MLPs category with higher YTD returns, going as high as 30.46%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| InfraCap MLP ETF | 30.46% | 467.54M | Oct 2014 | MLPA vs AMZA | |
| Global X MLP & Energy Infrastructure ETF | 26.75% | 3.64B | Aug 2013 | MLPA vs MLPX | |
| ETRACS Alerian MLP Infrastructure Index ETN Series... | 26.62% | 231.17M | Oct 2015 | MLPA vs MLPB | |
| Barclays ETN+ Select MLP ETN | 26.22% | 685.10M | Mar 2013 | MLPA vs ATMP | |
| ETRACS Alerian MLP Index ETN Class B | 23.05% | 39.20M | Oct 2015 | MLPA vs AMUB |
Lowest Volatility Alternatives to MLPA
MLPA has 12.47% 1-year volatility. There is 1 ETF in the MLPs category with lower 1-year volatility, going as low as 10.36%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust North American Energy Infrastructure F... | 10.36% | 4.13B | Jun 2012 | MLPA vs EMLP | |
| Alerian MLP ETF | 12.55% | 13.00B | Aug 2010 | MLPA vs AMLP | |
| NEOS MLP & Energy Infrastructure High Income ETF | 13.31% | 831.04M | Dec 2025 | MLPA vs MLPI | |
| ETRACS Alerian MLP Infrastructure Index ETN Series... | 14.17% | 231.17M | Oct 2015 | MLPA vs MLPB | |
| Tortoise MLP ETF | 14.25% | 37.78M | Dec 2025 | MLPA vs TMLP |
Lowest Drawdown Alternatives to MLPA
MLPA has a 1-year max drawdown of -7.73%. There is 1 ETF in the MLPs category with a shallower 1-year drawdown, going as shallow as -4.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust North American Energy Infrastructure F... | -4.94% | 4.13B | Jun 2012 | MLPA vs EMLP | |
| Global X MLP & Energy Infrastructure ETF | -8.18% | 3.64B | Aug 2013 | MLPA vs MLPX | |
| Barclays ETN+ Select MLP ETN | -8.30% | 685.10M | Mar 2013 | MLPA vs ATMP | |
| Alerian MLP ETF | -8.47% | 13.00B | Aug 2010 | MLPA vs AMLP | |
| ETRACS Alerian MLP Infrastructure Index ETN Series... | -9.28% | 231.17M | Oct 2015 | MLPA vs MLPB |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 14 categories. AUM among these funds goes as high as $15B.
Often Compared With MLPA
Investors most often compare MLPA with XLE, SCHD, UMI. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare MLPA with Any Fund or Stock
Compare MLPA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MLPA with funds that move differently
Global X MLP ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MLPA.
Explore MLPA Diversifiers