Invesco SteelPath MLP Alpha Plus Fund (MLPNX) Alternatives
Invesco SteelPath MLP Alpha Plus Fund (MLPNX) belongs to the Energy Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MLPNX. 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 MLPNX
MLPNX charges 1.34% annually. Among mutual funds in the Energy Equities category, these options have the lowest expense ratios among MLPNX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Vanguard Energy Index Fund Admiral Shares | 0.10% | Oct 7, 2004 | MLPNX vs VENAX | |
| Vanguard Energy Fund Admiral Shares | 0.33% | Nov 12, 2001 | MLPNX vs VGELX | |
| Vanguard Energy Fund Investor Shares | 0.41% | May 23, 1984 | MLPNX vs VGENX | |
| Frontier MFG Core Infrastructure Fund | 0.50% | Jan 17, 2012 | MLPNX vs FMGIX | |
| T. Rowe Price New Era Fund | 0.56% | Jan 19, 1969 | MLPNX vs PRNEX |
Best Risk-Adjusted Alternatives to MLPNX
Among mutual funds 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 | |
|---|---|---|---|---|
| Victory Global Energy Transition Fund | 98 | Nov 14, 1995 | MLPNX vs RSNRX | |
| Victory Global Energy Transition Fund Class Y | 98 | May 1, 2007 | MLPNX vs RSNYX | |
| U.S. Global Investors Global Resources Fund | 97 | Aug 2, 1983 | MLPNX vs PSPFX | |
| Goehring & Rozencwajg Resources Fund | 97 | Dec 29, 2016 | MLPNX vs GRHIX | |
| Delaware Ivy Natural Resources Fund | 96 | Jan 1, 1997 | MLPNX vs IGNAX |
Top Performing MLPNX Alternatives (YTD)
MLPNX alternatives from the Energy Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Oil Equipment & Services UltraSector ProFund | 65.25% | Jun 4, 2006 | MLPNX vs OEPIX | |
| Fidelity Select Energy Portfolio | 40.53% | Jul 14, 1981 | MLPNX vs FSENX | |
| Vanguard Energy Index Fund Admiral Shares | 39.76% | Oct 7, 2004 | MLPNX vs VENAX | |
| Rydex Energy Services Fund | 39.66% | Mar 31, 1998 | MLPNX vs RYVIX | |
| Invesco Energy Fund | 38.85% | Jan 18, 1984 | MLPNX vs FSTEX |
Lowest Volatility Alternatives to MLPNX
MLPNX alternatives from the Energy Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund, Inc. | 11.49% | May 2, 2004 | MLPNX vs CSUIX | |
| Centre Global Infrastructure Fund | 11.79% | Jan 28, 2018 | MLPNX vs DHIVX | |
| Pax Global Sustainable Infrastructure Fund | 11.81% | Dec 15, 2016 | MLPNX vs PAXDX | |
| Frontier MFG Core Infrastructure Fund | 11.91% | Jan 17, 2012 | MLPNX vs FMGIX | |
| JHancock Infrastructure Fund | 11.92% | Dec 19, 2013 | MLPNX vs JEEIX |
Lowest Drawdown Alternatives to MLPNX
MLPNX alternatives from the Energy Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Brookfield Global Listed Infrastructure Fund | -7.55% | Nov 29, 2011 | MLPNX vs BGLYX | |
| Centre Global Infrastructure Fund | -7.73% | Jan 28, 2018 | MLPNX vs DHIVX | |
| PGIM Jennison Global Infrastructure Fund | -7.74% | Sep 24, 2013 | MLPNX vs PGJZX | |
| Frontier MFG Core Infrastructure Fund | -7.74% | Jan 17, 2012 | MLPNX vs FMGIX | |
| JHancock Infrastructure Fund | -7.76% | Dec 19, 2013 | MLPNX vs JEEIX |
Other Mutual Funds from Invesco
Most popular Invesco mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 48 | -8.99% | Oct 13, 2020 | MLPNX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 28 | -1.47% | — | MLPNX vs VADAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 16 | -13.54% | Jun 23, 2005 | MLPNX vs VAFAX | |
| Invesco Gold & Special Minerals Fund | Precious Metals | 92 | 0.44% | Jul 18, 1983 | MLPNX vs OPGSX | |
| Invesco Comstock Fund | Large Cap Value Equities | 36 | -2.22% | Oct 7, 1968 | MLPNX vs ACSTX | |
| Invesco Global Fund | Global Equities | 9 | -13.35% | Dec 21, 1969 | MLPNX vs OPPAX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 20 | -9.61% | Feb 3, 1988 | MLPNX vs MSIGX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 56 | -1.20% | Aug 2, 1960 | MLPNX vs ACEIX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 29 | -1.41% | Jul 28, 1997 | MLPNX vs VADDX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 76 | 3.20% | Jun 25, 2001 | MLPNX vs VVOAX |
Often Compared With MLPNX
What investors most often compare with MLPNX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| S&P 500 Index | 74 | -4.63% | — | MLPNX vs ^GSPC | ||
| Medtronic plc | 40 | -9.06% | — | MLPNX vs MDT | ||
| Virtus InfraCap U.S. Preferred Stock ETF | Preferred Stock/Convertible Bonds, Actively Managed | 30 | -3.22% | May 15, 2018 | MLPNX vs PFFA | |
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | MLPNX vs SPY | |
| Rydex Energy Fund | Energy Equities | 85 | 37.40% | Apr 20, 1998 | MLPNX vs RYEIX |
Compare MLPNX with Any Fund or Stock
Compare MLPNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.