- Issuer
- UBS
- Inception Date
- Jun 2, 2020
- Category
- Leveraged Equities
- Leveraged
- 1.5x
- Index Tracked
- Alerian MLP Index (150%)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Assets Under Management
- $10M
Share Price Chart
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Performance
MLPR Performance Chart
ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) is up 29.8% since the beginning of the year. MLPR is currently trading at $72 per share. Investors who bought $1,000 worth of MLPR shares 5 years ago would now be looking at an investment worth $3,290.
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Returns By Period
ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) has returned 29.81% so far this year and 32.42% over the past 12 months.
ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN
- 1D
- -0.37%
- 1M
- -1.12%
- YTD
- 29.81%
- 6M
- 26.95%
- 1Y
- 32.42%
- 3Y*
- 32.14%
- 5Y*
- 26.89%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
MLPR Monthly Returns History
Based on dividend-adjusted daily data since Jun 3, 2020, MLPR's average daily return is +0.13%, while the average monthly return is +2.67%. At this rate, an investment would double in approximately 2.2 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2020 with a return of +33.8%, while the worst month was Jun 2022 at -20.3%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.
On a daily basis, MLPR closed higher 55% of trading days. The best single day was Nov 9, 2020 with a return of +12.7%, while the worst single day was Jun 11, 2020 at -14.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.50% | 10.02% | 1.32% | 6.13% | -4.36% | 2.90% | 29.81% | ||||||
| 2025 | 12.57% | 4.59% | 0.13% | -13.60% | 2.35% | 3.37% | 4.32% | -1.10% | -5.98% | -0.89% | 8.61% | -2.39% | 9.83% |
| 2024 | 6.00% | 6.15% | 6.40% | -2.33% | -0.16% | 6.41% | 0.26% | 0.17% | -0.58% | -2.44% | 21.17% | -10.28% | 31.57% |
| 2023 | 9.43% | -1.82% | -1.87% | 2.12% | -1.26% | 5.95% | 8.19% | 0.50% | 4.30% | 0.03% | 9.58% | -2.96% | 35.87% |
| 2022 | 16.71% | 7.08% | 3.13% | -0.75% | 11.55% | -20.33% | 16.34% | 5.18% | -11.13% | 21.67% | 0.98% | -7.15% | 41.04% |
| 2021 | 7.67% | 11.42% | 9.91% | 9.59% | 10.93% | 7.17% | -9.10% | -3.65% | 4.50% | 6.80% | -10.98% | 5.25% | 57.33% |
Benchmark Metrics
ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN has an annualized alpha of 18.86%, beta of 0.99, and R2 of 0.25 versus S&P 500 Index. Calculated based on daily prices since June 04, 2020.
- This ETF captured 133.53% of S&P 500 Index gains but only 72.17% of its losses - a favorable profile for investors.
- R2 of 0.25 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 18.86%
- Beta
- 0.99
- R²
- 0.25
- Upside Capture
- 133.53%
- Downside Capture
- 72.17%
Expense Ratio
MLPR has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
MLPR ranks 45 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) and compare them to S&P 500 Index.
| MLPR | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.41 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 2.93 | -0.60 |
| Martin ratioReturn relative to average drawdown | 7.53 | 13.52 | -5.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN provided a 9.00% dividend yield over the last twelve months, with an annual payout of $6.49 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $6.49 | $6.33 | $5.70 | $5.05 | $3.09 | $3.40 | $0.95 |
Dividend yield | 9.00% | 10.85% | 9.57% | 10.08% | 7.49% | 10.69% | 4.21% |
Monthly Dividends
The table displays the monthly dividend distributions for ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $1.62 | $0.00 | $0.00 | $1.67 | $0.00 | $0.00 | $3.29 | ||||||
| 2025 | $1.50 | $0.00 | $0.00 | $1.64 | $0.00 | $0.00 | $1.58 | $0.00 | $0.00 | $1.62 | $0.00 | $0.00 | $6.33 |
| 2024 | $1.35 | $0.00 | $0.00 | $1.36 | $0.00 | $0.00 | $1.51 | $0.00 | $0.00 | $1.49 | $0.00 | $0.00 | $5.70 |
| 2023 | $1.16 | $0.00 | $0.00 | $1.27 | $0.00 | $0.00 | $1.30 | $0.00 | $0.00 | $1.32 | $0.00 | $0.00 | $5.05 |
| 2022 | $1.03 | $0.00 | $0.00 | $0.97 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.09 | $0.00 | $0.00 | $3.09 |
| 2021 | $0.77 | $0.00 | $0.00 | $0.82 | $0.00 | $0.00 | $0.89 | $0.00 | $0.00 | $0.92 | $0.00 | $0.00 | $3.40 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN was 48.98%, occurring on Sep 25, 2020. Recovery took 107 trading sessions.
The current ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN drawdown is 7.07%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2020 bear market2020 | -48.98%Sep 2020 | 3mo 18d | 5mo 8d | 8mo 26dJun 2020 - Mar 2021 |
Bear market2022 | -28.66%Jun 2022 | 15d | 5mo 10d | 5mo 25dJun 2022 - Nov 2022 |
2025 selloff2025 | -24.45%Apr 2025 | 5d | 9mo 24d | 9mo 29dApr 2025 - Jan 2026 |
2021 bear market2021 | -24.24%Aug 2021 | 2mo 3d | 5mo 16d | 7mo 19dJun 2021 - Feb 2022 |
2023 correction2023 | -14.44%Mar 2023 | 1mo 6d | 3mo 12d | 4mo 18dFeb 2023 - Jul 2023 |
Drawdown Indicators
| MLPR | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.98% | -56.78% | +7.80% |
Max Drawdown (1Y)Largest decline over 1 year | -13.97% | -9.10% | -4.87% |
Max Drawdown (3Y)Largest decline over 3 years | -24.45% | -18.90% | -5.55% |
Max Drawdown (5Y)Largest decline over 5 years | -28.66% | -25.43% | -3.23% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -7.07% | -0.74% | -6.33% |
Average DrawdownAverage peak-to-trough decline | -8.94% | -10.72% | +1.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.32% | 1.97% | +2.35% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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