Global X MLP & Energy Infrastructure Covered Call ETF (MLPD) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MLPD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MLPD
MLPD charges 0.60% annually. There are 55 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 29.28M | Nov 2024 | MLPD vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | MLPD vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | MLPD vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | MLPD vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 414.48M | Oct 2023 | MLPD vs PAPI |
Best Risk-Adjusted Alternatives to MLPD
MLPD has a PortfoliosLab risk / return rank of 73. There are 31 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | MLPD vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 474.96M | Oct 2022 | MLPD vs BUCK | |
| YieldMax Semiconductor Portfolio Option Income ETF | 94 | 1.16B | Apr 2025 | MLPD vs CHPY | |
| YieldMax AMD Option Income Strategy ETF | 93 | 443.39M | Sep 2023 | MLPD vs AMDY | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 246.95M | Jul 2023 | MLPD vs GOOY |
Top Performing MLPD Alternatives (YTD)
MLPD is at 6.77% YTD. There are 112 ETFs in the Derivative Income category with higher YTD returns, going as high as 207.86%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 207.86% | 27.86M | Oct 2025 | MLPD vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 184.48% | 116.76M | Jul 2025 | MLPD vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 109.12% | 443.39M | Sep 2023 | MLPD vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 89.76% | 127.56M | Oct 2023 | MLPD vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 70.96% | 1.16B | Apr 2025 | MLPD vs CHPY |
Lowest Volatility Alternatives to MLPD
MLPD has 7.65% 1-year volatility. There are 19 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.80%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.80% | 474.96M | Oct 2022 | MLPD vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.45% | 206.17M | Apr 2026 | MLPD vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.86% | 88.48M | Feb 2025 | MLPD vs HYTI | |
| Main Buywrite ETF | 4.86% | 1.26B | Dec 2015 | MLPD vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 5.08% | 726.94K | May 2026 | MLPD vs FIYY |
Lowest Drawdown Alternatives to MLPD
MLPD has a 1-year max drawdown of -4.80%. There are 10 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 474.96M | Oct 2022 | MLPD vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | MLPD vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | MLPD vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | MLPD vs THTA | |
| VistaShares Target 15ā¢ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | MLPD vs OMAH |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 12 categories. AUM among these funds goes as high as $14B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 88 | 9.09% | 8.37B | Dec 2013 | MLPD vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 10 | -6.37% | 6.91B | Sep 2023 | MLPD vs SHLD | |
| Global X Artificial Intelligence & Technology ETF | Technology Equities | 56 | 20.53% | 10.08B | May 2018 | MLPD vs AIQ | |
| Global X Uranium ETF | Uranium | 15 | -4.70% | 5.92B | Nov 2010 | MLPD vs URA | |
| Global X Copper Miners ETF | Copper | 54 | 3.92% | 6.98B | Apr 2010 | MLPD vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Robotics, Technology Equities | 18 | -0.94% | 3.44B | Sep 2016 | MLPD vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 31 | -10.96% | 4.14B | Apr 2010 | MLPD vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 89 | 6.88% | 3.22B | Jun 2013 | MLPD vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 84 | 35.04% | 2.25B | Oct 2020 | MLPD vs DTCR | |
| Global X US Infrastructure Development ETF | Industrials Equities | 50 | 17.87% | 14.01B | Mar 2017 | MLPD vs PAVE |
Often Compared With MLPD
Investors most often compare MLPD with MLPI, BSMV, JEPI. These 20 comparison targets span 19 categories, based on PortfoliosLab usage data.
Compare MLPD with Any Fund or Stock
Compare MLPD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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Pair MLPD with funds that move differently
Global X MLP & Energy Infrastructure Covered Call ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MLPD.
Explore MLPD Diversifiers