ATMP vs. MLPI

Last updated Jun 24, 2026

ATMP (Barclays ETN+ Select MLP ETN) and MLPI (NEOS MLP & Energy Infrastructure High Income ETF) are both MLPs funds. ATMP is passively managed, while MLPI is actively managed. Their correlation of 0.85 suggests significant overlap in exposure. ATMP charges 0.95%/yr vs 0.68%/yr for MLPI.

Performance

ATMP vs. MLPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Barclays ETN+ Select MLP ETN (ATMP) and NEOS MLP & Energy Infrastructure High Income ETF (MLPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with ATMP having a 20.30% return and MLPI slightly lower at 19.61%.

ATMP

• 1D: 1.85%
• 1M: -5.47%
• YTD: 20.30%
• 6M: 20.09%
• 1Y: 20.09%
• 3Y*: 21.81%
• 5Y*: 15.76%
• 10Y*: 4.85%

MLPI

• 1D: 1.09%
• 1M: -2.18%
• YTD: 19.61%
• 6M: 18.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ATMP vs. MLPI - Yearly Performance Comparison

	2026 (YTD)	2025
ATMP Barclays ETN+ Select MLP ETN	20.30%	0.81%
MLPI NEOS MLP & Energy Infrastructure High Income ETF	19.61%	0.36%

Correlation

The correlation between ATMP and MLPI is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 18, 2025	0.85

Return for Risk

ATMP vs. MLPI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ATMP

ATMP Risk / Return Rank: 43
ATMP Sharpe Ratio Rank: 42
ATMP Sortino Ratio Rank: 41
ATMP Omega Ratio Rank: 38
ATMP Calmar Ratio Rank: 52
ATMP Martin Ratio Rank: 40

MLPI

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ATMP vs. MLPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Barclays ETN+ Select MLP ETN (ATMP) 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.

	ATMP	MLPI	Difference
Sharpe ratio: Return per unit of total volatility	1.41	—	—
Sortino ratio: Return per unit of downside risk	2.01	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	2.44	—	—
Martin ratio: Return relative to average drawdown	6.09	—	—

Drawdowns

ATMP vs. MLPI - Drawdown Comparison

The maximum ATMP drawdown since its inception was -80.86%, which is greater than MLPI's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for ATMP and MLPI.

Drawdown Indicators

	ATMP	MLPI	Difference
Max Drawdown Largest peak-to-trough decline	-80.86%	-5.38%	-75.48%
Max Drawdown (1Y) Largest decline over 1 year	-8.30%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.48%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.98%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-75.66%	—	—
Current Drawdown Current decline from peak	-5.85%	-2.18%	-3.67%
Average Drawdown Average peak-to-trough decline	-31.03%	-1.49%	-29.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.32%	—	—

Volatility

Volatility by Period

	ATMP	MLPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.61%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.35%	13.05%	+1.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.13%	13.05%	+9.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.66%	13.05%	+14.61%

ATMP vs. MLPI - Expense Ratio Comparison

ATMP has a 0.95% expense ratio, which is higher than MLPI's 0.68% expense ratio.

Dividends

ATMP vs. MLPI - Dividend Comparison

ATMP has not paid dividends to shareholders, while MLPI's dividend yield for the trailing twelve months is around 7.19%.

Position	TTM
ATMP Barclays ETN+ Select MLP ETN	0.00%
MLPI NEOS MLP & Energy Infrastructure High Income ETF	7.19%

Frequently Asked Questions

Can I hold both ATMP and MLPI in my portfolio?

ATMP and MLPI have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ATMP 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, ATMP or MLPI?

MLPI is cheaper with a 0.68% expense ratio, compared with 0.95% for ATMP.

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

MLPI has the higher dividend yield at 7.19%, compared with 0.00% for ATMP.

What is the main difference between ATMP and MLPI?

They also come from different issuers: Barclays Capital and NEOS. Their fees differ too: 0.95% for ATMP and 0.68% for MLPI.