AMTR vs. MLPI

Last updated Jun 23, 2026

AMTR (ETRACS Alerian Midstream Energy Total Return Index ETN) and MLPI (NEOS MLP & Energy Infrastructure High Income ETF) are both MLPs funds. AMTR is passively managed, while MLPI is actively managed. AMTR charges 0.75%/yr vs 0.68%/yr for MLPI.

Performance

AMTR vs. MLPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR) and NEOS MLP & Energy Infrastructure High Income ETF (MLPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMTR

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

MLPI

• 1D: 1.53%
• 1M: -3.23%
• YTD: 18.32%
• 6M: 17.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMTR vs. MLPI - Yearly Performance Comparison

	2026 (YTD)	2025
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	0.00%	0.00%
MLPI NEOS MLP & Energy Infrastructure High Income ETF	18.32%	0.36%

Return for Risk

AMTR vs. MLPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

Drawdown Indicators

	AMTR	MLPI	Difference
Max Drawdown Largest peak-to-trough decline	—	-5.38%	—
Current Drawdown Current decline from peak	—	-3.23%	—
Average Drawdown Average peak-to-trough decline	—	-1.49%	—

Volatility

Volatility by Period

	AMTR	MLPI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	13.04%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	13.04%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	13.04%	—

AMTR vs. MLPI - Expense Ratio Comparison

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

Dividends

AMTR vs. MLPI - Dividend Comparison

AMTR has not paid dividends to shareholders, while MLPI's dividend yield for the trailing twelve months is around 7.27%.

Position	TTM
AMTR ETRACS Alerian Midstream Energy Total Return Index ETN	0.00%
MLPI NEOS MLP & Energy Infrastructure High Income ETF	7.27%

Frequently Asked Questions

Which ETF is better, AMTR or MLPI?

On fees, MLPI is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMTR or MLPI?

MLPI is cheaper with a 0.68% expense ratio, compared with 0.75% for AMTR.

Which ETF pays a higher dividend yield, AMTR or MLPI?

MLPI has the higher dividend yield at 7.27%, compared with 0.00% for AMTR.

What is the main difference between AMTR and MLPI?

They also come from different issuers: UBS and NEOS. Their fees differ too: 0.75% for AMTR and 0.68% for MLPI.