AMND vs. MLPI

Last updated Apr 1, 2026

Compare and contrast key facts about ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and Neos MLP & Energy Infrastructure High Income ETF (MLPI).

AMND and MLPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMND is a passively managed fund by UBS that tracks the performance of the Alerian Midstream Energy Dividend Index. It was launched on Jul 15, 2020. MLPI is an actively managed fund by Neos. It was launched on Dec 17, 2025.

Performance

AMND vs. MLPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and Neos MLP & Energy Infrastructure High Income ETF (MLPI). The values are adjusted to include any dividend payments, if applicable.

AMND vs. MLPI - Yearly Performance Comparison

	2026 (YTD)	2025
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	0.00%
MLPI Neos MLP & Energy Infrastructure High Income ETF	17.27%	0.56%

Returns By Period

AMND

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MLPI

• 1D: -0.40%
• 1M: 3.16%
• YTD: 17.27%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMND vs. MLPI - Expense Ratio Comparison

AMND has a 0.75% expense ratio, which is higher than MLPI's 0.68% expense ratio.

AMND

ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050

MLPI

Neos MLP & Energy Infrastructure High Income ETF

Return for Risk

AMND vs. MLPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and Neos MLP & Energy Infrastructure High Income ETF (MLPI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AMND	MLPI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	7.48	—

Dividends

AMND vs. MLPI - Dividend Comparison

AMND has not paid dividends to shareholders, while MLPI's dividend yield for the trailing twelve months is around 3.49%.

	TTM	2025	2024	2023	2022	2021	2020
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	0.00%	5.14%	6.56%	6.37%	7.10%	2.49%
MLPI Neos MLP & Energy Infrastructure High Income ETF	3.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	AMND	MLPI	Difference
Max Drawdown Largest peak-to-trough decline	—	-2.78%	—
Current Drawdown Current decline from peak	—	-1.19%	—
Average Drawdown Average peak-to-trough decline	—	-0.60%	—

Volatility

Volatility by Period

	AMND	MLPI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	11.12%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	11.12%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	11.12%	—