Salient MLP & Energy Infrastructure Fund (SMLPX) 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 SMLPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SMLPX
SMLPX charges 1.35% annually. There are 64 mutual funds in the Energy Equities category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Energy Index Fund Admiral Shares | 0.10% | 11.80B | Oct 2004 | SMLPX vs VENAX | |
| Vanguard Energy Fund Admiral Shares | 0.33% | 7.10B | Nov 2001 | SMLPX vs VGELX | |
| Vanguard Energy Opportunities Fund Investor Shares | 0.45% | 7.10B | May 1984 | SMLPX vs VGENX | |
| Frontier MFG Core Infrastructure Fund | 0.50% | — | Jan 2012 | SMLPX vs FMGIX | |
| T. Rowe Price New Era Fund | 0.56% | — | Jan 1969 | SMLPX vs PRNEX |
Best Risk-Adjusted Alternatives to SMLPX
SMLPX has a PortfoliosLab risk / return rank of 73. There are 22 mutual funds in the Energy Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 97 | — | Dec 2013 | SMLPX vs MLOZX | |
| Victory Global Energy Transition Fund Class Y | 94 | — | May 2007 | SMLPX vs RSNYX | |
| Victory Global Energy Transition Fund | 94 | — | Nov 1995 | SMLPX vs RSNRX | |
| Delaware Ivy Energy Fund | 88 | — | Apr 2006 | SMLPX vs IEYYX | |
| EIP Growth and Income Fund (NEW) | 88 | — | Aug 2006 | SMLPX vs EIPIX |
Top Performing SMLPX Alternatives (YTD)
SMLPX is at 22.92% YTD. There are 30 mutual funds in the Energy Equities category with higher YTD returns, going as high as 55.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Oil Equipment & Services UltraSector ProFund | 55.57% | — | Jun 2006 | SMLPX vs OEPIX | |
| NXG Cushing® Midstream Energy Fund | 36.07% | — | Aug 2007 | SMLPX vs SRV | |
| Rydex Energy Services Fund | 34.99% | — | Mar 1998 | SMLPX vs RYVIX | |
| Recurrent MLP & Infrastructure Fund | 33.65% | — | Nov 2017 | SMLPX vs RMLPX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 32.43% | — | Dec 2013 | SMLPX vs MLOZX |
Lowest Volatility Alternatives to SMLPX
SMLPX has 14.06% 1-year volatility. There are 29 mutual funds in the Energy Equities category with lower 1-year volatility, going as low as 7.65%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | 7.65% | — | Dec 2016 | SMLPX vs PAXDX | |
| Saratoga Energy & Basic Materials Fund | 9.77% | — | Oct 1997 | SMLPX vs SBMBX | |
| JHancock Infrastructure Fund | 10.04% | — | Dec 2013 | SMLPX vs JEEIX | |
| Cohen & Steers Global Infrastructure Fund, Inc. | 10.09% | — | May 2004 | SMLPX vs CSUIX | |
| Centre Global Infrastructure Fund | 10.15% | — | Jan 2018 | SMLPX vs DHIVX |
Lowest Drawdown Alternatives to SMLPX
SMLPX has a 1-year max drawdown of -6.57%. There are 15 mutual funds in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -4.49%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | -4.49% | — | Dec 2016 | SMLPX vs PAXDX | |
| EIP Growth and Income Fund (NEW) | -4.51% | — | Aug 2006 | SMLPX vs EIPIX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | -4.71% | — | Dec 2013 | SMLPX vs MLOZX | |
| Goldman Sachs Global Infrastructure Fund | -5.59% | — | Jun 2016 | SMLPX vs GGINX | |
| Saratoga Energy & Basic Materials Fund | -5.66% | — | Oct 1997 | SMLPX vs SBMBX |
Other Mutual Funds from Salient Funds
The 2 most viewed Salient Funds mutual funds shown here include BTPIX, KIFAX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Salient Tactical Plus Fund | Long-Short | 15 | 4.25% | — | Dec 2012 | SMLPX vs BTPIX | |
| Salient Select Income Fund | Preferred Stock/Convertible Bonds | 17 | 3.60% | — | Mar 2001 | SMLPX vs KIFAX |
Often Compared With SMLPX
Investors most often compare SMLPX with JEPI, VDE, BGLYX. These 18 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare SMLPX with Any Fund or Stock
Compare SMLPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SMLPX with funds that move differently
Salient MLP & Energy Infrastructure Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SMLPX.
Explore SMLPX Diversifiers