ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB)
MLPB is a passive ETF by UBS tracking the investment results of the Alerian MLP Infrastructure Index. MLPB launched on Oct 8, 2015 and has a 0.85% expense ratio.
ETF Info
| ISIN | US90274D3825 |
|---|---|
| CUSIP | 90274D382 |
| Issuer | UBS |
| Inception Date | Oct 8, 2015 |
| Region | North America (U.S.) |
| Category | MLPs |
| Leveraged | 1x |
| Index Tracked | Alerian MLP Infrastructure Index |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
MLPB features an expense ratio of 0.85%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: MLPB vs. MLPR, MLPB vs. VOO, MLPB vs. AMZA, MLPB vs. AMLP
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ETRACS Alerian MLP Infrastructure Index ETN Series B, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ETRACS Alerian MLP Infrastructure Index ETN Series B had a return of 21.43% year-to-date (YTD) and 23.42% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 21.43% | 25.45% |
| 1 month | 0.27% | 2.91% |
| 6 months | 5.29% | 14.05% |
| 1 year | 23.42% | 35.64% |
| 5 years (annualized) | 14.90% | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of MLPB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4.66% | 4.68% | 4.85% | -1.46% | 0.44% | 4.58% | 0.50% | 0.28% | -0.36% | -1.40% | 21.43% | ||
| 2023 | 5.84% | -1.50% | -0.93% | 1.61% | -0.20% | 4.48% | 5.78% | 0.76% | 2.21% | -0.55% | 6.64% | -3.50% | 22.01% |
| 2022 | 10.86% | 5.45% | 1.78% | -0.59% | 7.73% | -14.32% | 12.92% | 3.61% | -7.32% | 14.25% | 1.02% | -4.70% | 30.22% |
| 2021 | 5.11% | 8.35% | 6.88% | 7.46% | 6.98% | 6.02% | -6.39% | -3.06% | 2.83% | 5.24% | -7.59% | 3.57% | 39.44% |
| 2020 | -5.84% | -15.18% | -46.43% | 48.21% | 7.79% | -8.11% | -3.85% | 0.56% | -13.02% | 4.29% | 23.06% | 2.07% | -30.80% |
| 2019 | 12.77% | 1.05% | 2.83% | -1.24% | -1.16% | 2.25% | -0.29% | -5.30% | 0.65% | -6.98% | -5.73% | 8.44% | 5.68% |
| 2018 | 4.51% | 0.69% | 0.87% | -16.40% | -11.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MLPB is 54, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ETRACS Alerian MLP Infrastructure Index ETN Series B provided a 6.15% dividend yield over the last twelve months, with an annual payout of $1.50 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.50 | $1.36 | $1.13 | $1.08 | $1.42 | $1.55 | $1.60 | $1.68 | $1.88 |
Dividend yield | 6.15% | 6.38% | 6.00% | 6.99% | 11.92% | 7.98% | 8.11% | 0.00% | 0.00% |
Monthly Dividends
The table displays the monthly dividend distributions for ETRACS Alerian MLP Infrastructure Index ETN Series B. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.36 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.38 | $0.00 | $1.50 | |
| 2023 | $0.31 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $1.36 |
| 2022 | $0.27 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $1.13 |
| 2021 | $0.28 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $1.08 |
| 2020 | $0.40 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $1.42 |
| 2019 | $0.39 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $1.55 |
| 2018 | $0.39 | $0.41 | $0.40 | $0.00 | $0.40 | $0.00 | $1.60 | ||||||
| 2017 | $0.43 | $0.44 | $0.40 | $0.42 | $1.68 | ||||||||
| 2016 | $0.50 | $0.49 | $0.45 | $0.44 | $1.88 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the ETRACS Alerian MLP Infrastructure Index ETN Series B. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ETRACS Alerian MLP Infrastructure Index ETN Series B was 69.03%, occurring on Mar 18, 2020. Recovery took 520 trading sessions.
The current ETRACS Alerian MLP Infrastructure Index ETN Series B drawdown is 1.81%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -69.03% | Sep 17, 2018 | 322 | Mar 18, 2020 | 520 | Apr 8, 2022 | 842 |
| -20.41% | Jun 8, 2022 | 11 | Jun 23, 2022 | 44 | Aug 25, 2022 | 55 |
| -15.37% | Aug 26, 2022 | 21 | Sep 26, 2022 | 24 | Oct 28, 2022 | 45 |
| -10.16% | Feb 15, 2023 | 26 | Mar 23, 2023 | 51 | Jun 7, 2023 | 77 |
| -9.85% | Apr 21, 2022 | 16 | May 12, 2022 | 13 | Jun 1, 2022 | 29 |
Volatility
Volatility Chart
The current ETRACS Alerian MLP Infrastructure Index ETN Series B volatility is 4.07%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.