MLPX Alternatives & Similar ETFs

Global X MLP & Energy Infrastructure ETF (MLPX) belongs to the MLPs category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MLPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MLPX

MLPX charges 0.45% annually. No ETFs in the MLPs category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.50%.

Symbol	Name	Expense Ratio	AUM	Inception
TMLP	Tortoise MLP ETF	0.50%	37.78M	Dec 2025	MLPX vs TMLP
MLPI	NEOS MLP & Energy Infrastructure High Income ETF	0.68%	746.33M	Dec 2025	MLPX vs MLPI
MLPA	Global X MLP ETF	0.77%	2.18B	Apr 2012	MLPX vs MLPA
AMUB	ETRACS Alerian MLP Index ETN Class B	0.80%	37.40M	Oct 2015	MLPX vs AMUB
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	0.85%	223.48M	Oct 2015	MLPX vs MLPB

Best Risk-Adjusted Alternatives to MLPX

MLPX has a PortfoliosLab risk / return rank of 72. There is 1 ETF in the MLPs category with a higher risk-adjusted rank, going as high as 87.

Symbol	Name	Risk / Return Rank	AUM	Inception
EMLP	First Trust North American Energy Infrastructure F...	87	4.09B	Jun 2012	MLPX vs EMLP
ATMP	Barclays ETN+ Select MLP ETN	61	656.72M	Mar 2013	MLPX vs ATMP
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	58	223.48M	Oct 2015	MLPX vs MLPB
AMLP	Alerian MLP ETF	54	12.42B	Aug 2010	MLPX vs AMLP
MLPA	Global X MLP ETF	52	2.18B	Apr 2012	MLPX vs MLPA

Top Performing MLPX Alternatives (YTD)

MLPX is at 27.98% YTD. There is 1 ETF in the MLPs category with a higher YTD return, going as high as 28.17%.

Symbol	Name	YTD Return	AUM	Inception
AMZA	InfraCap MLP ETF	28.17%	454.57M	Oct 2014	MLPX vs AMZA
ATMP	Barclays ETN+ Select MLP ETN	24.32%	656.72M	Mar 2013	MLPX vs ATMP
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	22.48%	223.48M	Oct 2015	MLPX vs MLPB
MLPI	NEOS MLP & Energy Infrastructure High Income ETF	20.53%	746.33M	Dec 2025	MLPX vs MLPI
AMUB	ETRACS Alerian MLP Index ETN Class B	18.96%	37.40M	Oct 2015	MLPX vs AMUB

Lowest Volatility Alternatives to MLPX

MLPX has 15.79% 1-year volatility. There are 8 ETFs in the MLPs category with lower 1-year volatility, going as low as 10.26%.

Symbol	Name	Volatility 1Y	AUM	Inception
EMLP	First Trust North American Energy Infrastructure F...	10.26%	4.09B	Jun 2012	MLPX vs EMLP
AMLP	Alerian MLP ETF	12.50%	12.42B	Aug 2010	MLPX vs AMLP
MLPA	Global X MLP ETF	12.52%	2.18B	Apr 2012	MLPX vs MLPA
MLPI	NEOS MLP & Energy Infrastructure High Income ETF	13.34%	746.33M	Dec 2025	MLPX vs MLPI
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	14.19%	223.48M	Oct 2015	MLPX vs MLPB

Lowest Drawdown Alternatives to MLPX

MLPX has a 1-year max drawdown of -8.18%. There is 1 ETF in the MLPs category with a shallower 1-year drawdown, going as shallow as -4.94%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
EMLP	First Trust North American Energy Infrastructure F...	-4.94%	4.09B	Jun 2012	MLPX vs EMLP
ATMP	Barclays ETN+ Select MLP ETN	-8.30%	656.72M	Mar 2013	MLPX vs ATMP
MLPA	Global X MLP ETF	-8.33%	2.18B	Apr 2012	MLPX vs MLPA
AMLP	Alerian MLP ETF	-8.94%	12.42B	Aug 2010	MLPX vs AMLP
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	-9.68%	223.48M	Oct 2015	MLPX vs MLPB

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
QYLD	Global X NASDAQ 100 Covered Call ETF	Nasdaq-100, Derivative Income	88	9.09%	8.37B	Dec 2013	MLPX vs QYLD
SHLD	Global X Defense Tech ETF	Aerospace & Defense	10	-6.37%	6.91B	Sep 2023	MLPX vs SHLD
AIQ	Global X Artificial Intelligence & Technology ETF	Technology Equities	56	20.53%	10.08B	May 2018	MLPX vs AIQ
URA	Global X Uranium ETF	Uranium	15	-4.70%	5.92B	Nov 2010	MLPX vs URA
COPX	Global X Copper Miners ETF	Copper	54	3.92%	6.98B	Apr 2010	MLPX vs COPX
BOTZ	Global X Robotics & Artificial Intelligence Themat...	Robotics, Technology Equities	18	-0.94%	3.44B	Sep 2016	MLPX vs BOTZ
SIL	Global X Silver Miners ETF	Silver, Precious Metals	31	-10.96%	4.14B	Apr 2010	MLPX vs SIL
XYLD	Global X S&P 500 Covered Call ETF	Derivative Income, S&P 500	89	6.88%	3.22B	Jun 2013	MLPX vs XYLD
DTCR	Global X Data Center & Digital Infrastructure ETF	REIT	84	35.04%	2.25B	Oct 2020	MLPX vs DTCR
PAVE	Global X US Infrastructure Development ETF	Industrials Equities	50	17.87%	14.01B	Mar 2017	MLPX vs PAVE

Often Compared With MLPX

Investors most often compare MLPX with ENFR, XLE, VDE. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ENFR	Alerian Energy Infrastructure ETF	Energy Equities	77	28.57%	479.43M	Oct 2013	MLPX vs ENFR
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	50	28.66%	36.33B	Dec 1998	MLPX vs XLE
VDE	Vanguard Energy ETF	Energy Equities	51	28.77%	11.80B	Sep 2004	MLPX vs VDE
VOO	Vanguard S&P 500 ETF	S&P 500	66	10.45%	1.70T	Sep 2010	MLPX vs VOO
UMI	USCF Midstream Energy Income Fund ETF	Energy Equities	81	26.85%	499.49M	Mar 2021	MLPX vs UMI
TPYP	Tortoise North American Pipeline Fund	Energy Equities	80	24.84%	685.69M	Jun 2015	MLPX vs TPYP
IYE	iShares U.S. Energy ETF	Energy Equities	51	28.09%	1.62B	Jun 2000	MLPX vs IYE
MLPD.L	Invesco Morningstar US Energy Infrastructure MLP U...	Energy Equities	39	19.48%	412.43M	May 2013	MLPX vs MLPD.L
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	58	19.10%	11.74B	Nov 2009	MLPX vs GRID
IYH	iShares U.S. Healthcare ETF	Health & Biotech Equities	48	5.04%	3.21B	Jun 2000	MLPX vs IYH
LIT	Global X Lithium & Battery Tech ETF	Lithium & Battery Metals	80	8.76%	1.60B	Jul 2010	MLPX vs LIT
EMO	ClearBridge Energy Midstream Opportunity Fund	MLPs, Energy Equities	34	20.75%	—	Jun 2011	MLPX vs EMO
EIPI	FT Energy Income Partners Enhanced Income ETF	Derivative Income	88	16.72%	1.05B	Sep 2011	MLPX vs EIPI
FXZ	First Trust Materials AlphaDEX Fund	Materials	50	18.89%	375.65M	May 2007	MLPX vs FXZ
AMJB	Alerian MLP Index ETN	Energy Equities	35	19.37%	685.14M	Jan 2024	MLPX vs AMJB
TYG	Tortoise Energy Infrastructure Closed Fund	MLPs, Energy Equities	14	12.76%	—	—	MLPX vs TYG
RSPG	Invesco S&P 500 Equal Weight Energy ETF	Energy Equities, S&P 500, Equal Weight	57	31.15%	540.52M	Nov 2006	MLPX vs RSPG
NML	Neuberger Berman MLP	MLPs, Energy Equities	57	27.36%	—	Mar 2013	MLPX vs NML
MLPP.L	Invesco Morningstar US Energy Infrastructure MLP U...	Energy Equities	37	20.28%	307.78M	May 2013	MLPX vs MLPP.L
GYLD	Arrow Dow Jones Global Yield ETF	Diversified Portfolio	59	10.32%	27.82M	May 2012	MLPX vs GYLD

Compare MLPX with Any Fund or Stock

Compare MLPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair MLPX with funds that move differently

Global X MLP & Energy Infrastructure ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MLPX.

Explore MLPX Diversifiers

Global X MLP & Energy Infrastructure ETF (MLPX) Alternatives