Global X MLP & Energy Infrastructure Covered Call ETF (MLPD) belongs to the Infrastructure Equities 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 18 ETFs in the Infrastructure Equities category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Themes US Infrastructure ETF | 0.29% | 3.80M | Sep 2024 | MLPD vs HWAY | |
| iShares U.S. Infrastructure ETF | 0.30% | 4.55B | Apr 2018 | MLPD vs IFRA | |
| Alerian Energy Infrastructure ETF | 0.35% | 519.57M | Oct 2013 | MLPD vs ENFR | |
| Xtrackers US Green Infrastructure Select Equity ET... | 0.35% | 612.04K | Jul 2023 | MLPD vs UPGR | |
| iShares Global Infrastructure ETF | 0.39% | 10.93B | Dec 2007 | MLPD vs IGF |
Best Risk-Adjusted Alternatives to MLPD
MLPD has a PortfoliosLab risk / return rank of 69. There are 11 ETFs in the Infrastructure Equities category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco SteelPath MLP & Energy Infrastructure ETF | 86 | 65.42M | Feb 2025 | MLPD vs PIPE | |
| iShares Infrastructure Active ETF | 81 | — | Jul 2025 | MLPD vs BILT | |
| First Trust North American Energy Infrastructure F... | 80 | 4.13B | Jun 2012 | MLPD vs EMLP | |
| Bny Mellon Global Infrastructure Income ETF | 80 | 1.31B | Nov 2022 | MLPD vs BKGI | |
| Alerian Energy Infrastructure ETF | 79 | 519.57M | Oct 2013 | MLPD vs ENFR |
Top Performing MLPD Alternatives (YTD)
MLPD is at 6.32% YTD. There are 27 ETFs in the Infrastructure Equities category with higher YTD returns, going as high as 29.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco SteelPath MLP & Energy Infrastructure ETF | 29.62% | 65.42M | Feb 2025 | MLPD vs PIPE | |
| Alerian Energy Infrastructure ETF | 28.27% | 519.57M | Oct 2013 | MLPD vs ENFR | |
| Global X MLP & Energy Infrastructure ETF | 26.75% | 3.64B | Aug 2013 | MLPD vs MLPX | |
| ETRACS Alerian MLP Infrastructure Index ETN Series... | 26.62% | 231.17M | Oct 2015 | MLPD vs MLPB | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 25.43% | 9.23M | May 2025 | MLPD vs USNG |
Lowest Volatility Alternatives to MLPD
MLPD has 7.60% 1-year volatility. No ETFs in the Infrastructure Equities category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 10.31%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Infrastructure Active ETF | 10.31% | — | Jul 2025 | MLPD vs BILT | |
| First Trust North American Energy Infrastructure F... | 10.36% | 4.13B | Jun 2012 | MLPD vs EMLP | |
| FlexShares STOXX Global Broad Infrastructure Index... | 10.38% | 3.00B | Oct 2013 | MLPD vs NFRA | |
| iShares Global Infrastructure ETF | 10.69% | 10.93B | Dec 2007 | MLPD vs IGF | |
| ProShares DJ Brookfield Global Infrastructure ETF | 10.70% | 176.36M | Mar 2014 | MLPD vs TOLZ |
Lowest Drawdown Alternatives to MLPD
MLPD has a 1-year max drawdown of -4.80%. No ETFs in the Infrastructure Equities category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go 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 | MLPD vs EMLP | |
| ProShares DJ Brookfield Global Infrastructure ETF | -5.18% | 176.36M | Mar 2014 | MLPD vs TOLZ | |
| iShares Infrastructure Active ETF | -5.38% | — | Jul 2025 | MLPD vs BILT | |
| iShares Global Infrastructure ETF | -5.87% | 10.93B | Dec 2007 | MLPD vs IGF | |
| SPDR S&P Global Infrastructure ETF | -5.94% | 941.89M | Jan 2007 | MLPD vs GII |
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 MLPD
Investors most often compare MLPD with MLPI, BSMV, JEPI. These 20 comparison targets span 18 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.
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