Neos MLP & Energy Infrastructure High Income ETF (MLPI) Alternatives
Neos MLP & Energy Infrastructure High Income ETF (MLPI) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MLPI. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to MLPI
MLPI charges 0.68% annually. Among ETFs in the Energy Equities category, these options have the lowest expense ratios among MLPI alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity MSCI Energy Index ETF | 0.08% | Oct 21, 2013 | MLPI vs FENY | |
| State Street Energy Select Sector SPDR ETF | 0.08% | Dec 16, 1998 | MLPI vs XLE | |
| Vanguard Energy ETF | 0.10% | Sep 23, 2004 | MLPI vs VDE | |
| Invesco S&P SmallCap Energy ETF | 0.29% | Apr 7, 2010 | MLPI vs PSCE | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 0.35% | Jun 19, 2006 | MLPI vs XES |
Best Risk-Adjusted Alternatives to MLPI
Among ETFs in the Energy Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| VanEck Oil Refiners ETF | 98 | Aug 18, 2015 | MLPI vs CRAK | |
| Tema Electrification ETF | 97 | Dec 3, 2024 | MLPI vs VOLT | |
| TrueShares Eagle Global Renewable Energy Income ET... | 97 | Dec 7, 2022 | MLPI vs RNWZ | |
| Proshares S&P Global Core Battery Metals ETF | 97 | Nov 29, 2022 | MLPI vs ION | |
| American Beacon GLG Natural Resources ETF | 96 | Feb 5, 2024 | MLPI vs MGNR |
Top Performing MLPI Alternatives (YTD)
MLPI alternatives from the Energy Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Texas Capital Texas Oil Index ETF | 44.81% | Dec 20, 2023 | MLPI vs OILT | |
| SPDR S&P Oil & Gas Exploration & Production ETF | 44.59% | Jun 19, 2006 | MLPI vs XOP | |
| Invesco S&P SmallCap Energy ETF | 42.67% | Apr 7, 2010 | MLPI vs PSCE | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 42.33% | Jun 19, 2006 | MLPI vs XES | |
| Invesco Dynamic Oil & Gas Services ETF | 41.95% | Oct 26, 2005 | MLPI vs PXJ |
Lowest Volatility Alternatives to MLPI
MLPI alternatives from the Energy Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| State Street Energy Select Sector SPDR Premium Inc... | 11.43% | Jul 29, 2025 | MLPI vs XLEI | |
| Macquarie Global Listed Infrastructure ETF | 12.65% | Nov 28, 2023 | MLPI vs BILD | |
| Tortoise Energy Fund | 13.98% | Jun 16, 2025 | MLPI vs TNGY | |
| Bny Mellon Global Infrastructure Income ETF | 14.67% | Nov 2, 2022 | MLPI vs BKGI | |
| ClearBridge Sustainable Infrastructure ETF | 14.68% | Dec 14, 2022 | MLPI vs INFR |
Lowest Drawdown Alternatives to MLPI
MLPI alternatives from the Energy Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Macquarie Global Listed Infrastructure ETF | -8.09% | Nov 28, 2023 | MLPI vs BILD | |
| ClearBridge Sustainable Infrastructure ETF | -8.93% | Dec 14, 2022 | MLPI vs INFR | |
| TrueShares Eagle Global Renewable Energy Income ET... | -9.98% | Dec 7, 2022 | MLPI vs RNWZ | |
| Tema Electrification ETF | -10.00% | Dec 3, 2024 | MLPI vs VOLT | |
| Bny Mellon Global Infrastructure Income ETF | -10.35% | Nov 2, 2022 | MLPI vs BKGI |
Other ETFs from Neos
Most popular Neos ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| NEOS Nasdaq-100 High Income ETF | Derivative Income | 72 | -4.41% | Jan 29, 2024 | MLPI vs QQQI | |
| NEOS S&P 500 High Income ETF | Derivative Income, S&P 500 | 69 | -3.13% | Aug 29, 2022 | MLPI vs SPYI | |
| NEOS Bitcoin High Income ETF | Cryptocurrency, Derivative Income | 7 | -20.30% | Oct 16, 2024 | MLPI vs BTCI | |
| NEOS Gold High Income ETF | Derivative Income, Gold | — | 4.93% | Jun 4, 2025 | MLPI vs IAUI | |
| NEOS Russell 2000 High Income ETF | Derivative Income | 78 | 0.93% | Jun 24, 2024 | MLPI vs IWMI | |
| NEOS Nasdaq-100 Hedged Equity Income ETF | Hedge Fund | 69 | -3.47% | Dec 19, 2019 | MLPI vs QQQH | |
| Neos Enhanced Income Cash Alternative ETF | Ultrashort Bond | 97 | 1.30% | Aug 29, 2022 | MLPI vs CSHI | |
| NEOS Real Estate High Income ETF | Derivative Income | 22 | -0.02% | Jan 14, 2025 | MLPI vs IYRI | |
| NEOS MSCI EAFE High Income ETF | Derivative Income | — | -1.22% | Sep 16, 2025 | MLPI vs NIHI | |
| Neos Enhanced Income Aggregate Bond ETF | Intermediate Core-Plus Bond | 71 | 0.68% | Aug 29, 2022 | MLPI vs BNDI |
Often Compared With MLPI
What investors most often compare with MLPI, based on PortfoliosLab usage data.
Compare MLPI with Any Fund or Stock
Compare MLPI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.