ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) 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 MLPB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MLPB
MLPB charges 0.85% 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% | 3.40B | Aug 2013 | MLPB vs MLPX | |
| NEOS MLP & Energy Infrastructure High Income ETF | 0.68% | 657.68M | Dec 2025 | MLPB vs MLPI | |
| Global X MLP ETF | 0.77% | 2.08B | Apr 2012 | MLPB vs MLPA | |
| ETRACS Alerian MLP Index ETN Class B | 0.80% | 35.92M | Oct 2015 | MLPB vs AMUB | |
| Alerian MLP ETF | 0.90% | 11.93B | Aug 2010 | MLPB vs AMLP |
Best Risk-Adjusted Alternatives to MLPB
MLPB has a PortfoliosLab risk / return rank of 39. There are 3 ETFs in the MLPs category with higher risk-adjusted ranks, going as high as 70.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust North American Energy Infrastructure F... | 70 | 4.00B | Jun 2012 | MLPB vs EMLP | |
| Global X MLP & Energy Infrastructure ETF | 55 | 3.40B | Aug 2013 | MLPB vs MLPX | |
| Barclays ETN+ Select MLP ETN | 43 | 627.41M | Mar 2013 | MLPB vs ATMP | |
| Global X MLP ETF | 36 | 2.08B | Apr 2012 | MLPB vs MLPA | |
| Alerian MLP ETF | 35 | 11.93B | Aug 2010 | MLPB vs AMLP |
Top Performing MLPB Alternatives (YTD)
MLPB is at 17.00% YTD. There are 4 ETFs in the MLPs category with higher YTD returns, going as high as 25.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Global X MLP & Energy Infrastructure ETF | 25.35% | 3.40B | Aug 2013 | MLPB vs MLPX | |
| InfraCap MLP ETF | 22.69% | 437.98M | Oct 2014 | MLPB vs AMZA | |
| Barclays ETN+ Select MLP ETN | 20.30% | 627.41M | Mar 2013 | MLPB vs ATMP | |
| NEOS MLP & Energy Infrastructure High Income ETF | 19.61% | 657.68M | Dec 2025 | MLPB vs MLPI | |
| First Trust North American Energy Infrastructure F... | 16.16% | 4.00B | Jun 2012 | MLPB vs EMLP |
Lowest Volatility Alternatives to MLPB
MLPB has 13.70% 1-year volatility. There are 4 ETFs in the MLPs category with lower 1-year volatility, going as low as 9.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust North American Energy Infrastructure F... | 9.97% | 4.00B | Jun 2012 | MLPB vs EMLP | |
| Alerian MLP ETF | 12.11% | 11.93B | Aug 2010 | MLPB vs AMLP | |
| Global X MLP ETF | 12.14% | 2.08B | Apr 2012 | MLPB vs MLPA | |
| NEOS MLP & Energy Infrastructure High Income ETF | 13.05% | 657.68M | Dec 2025 | MLPB vs MLPI | |
| ETRACS Alerian MLP Index ETN Class B | 13.85% | 35.92M | Oct 2015 | MLPB vs AMUB |
Lowest Drawdown Alternatives to MLPB
MLPB has a 1-year max drawdown of -9.68%. There are 5 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% | 4.00B | Jun 2012 | MLPB vs EMLP | |
| Global X MLP & Energy Infrastructure ETF | -8.18% | 3.40B | Aug 2013 | MLPB vs MLPX | |
| Barclays ETN+ Select MLP ETN | -8.30% | 627.41M | Mar 2013 | MLPB vs ATMP | |
| Global X MLP ETF | -8.33% | 2.08B | Apr 2012 | MLPB vs MLPA | |
| Alerian MLP ETF | -8.94% | 11.93B | Aug 2010 | MLPB vs AMLP |
Other ETFs from UBS
The 10 most viewed UBS ETFs shown here include GLDI, SLVO, MLPR and span 8 categories. AUM among these funds goes as high as $413M.
Often Compared With MLPB
Investors most often compare MLPB with VOO, VCLN, MPLX. These 20 comparison targets span 17 categories, based on PortfoliosLab usage data.
Compare MLPB with Any Fund or Stock
Compare MLPB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MLPB with funds that move differently
ETRACS Alerian MLP Infrastructure Index ETN Series B alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MLPB.
Explore MLPB Diversifiers