BKGI vs. MLPI
BKGI (Bny Mellon Global Infrastructure Income ETF) and MLPI (NEOS MLP & Energy Infrastructure High Income ETF) are both Infrastructure Equities funds. Both are actively managed. Their 0.42 correlation means their historical movements had little consistent relationship. BKGI charges 0.65%/yr vs 0.68%/yr for MLPI.
Performance
BKGI vs. MLPI - Performance Comparison
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Returns By Period
In the year-to-date period, BKGI achieves a 14.23% return, which is significantly lower than MLPI's 18.15% return.
BKGI
- 1D
- -0.29%
- 1M
- 1.55%
- 6M
- 8.99%
- YTD
- 14.23%
- 1Y
- 20.08%
- 3Y*
- 21.24%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 21.98%
MLPI
- 1D
- -0.07%
- 1M
- -0.05%
- 6M
- 11.52%
- YTD
- 18.15%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $18.95M | $14.99M | $11.61M | |
| $23.44M | $21.53M | $19.40M |
BKGI vs. MLPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BKGI Bny Mellon Global Infrastructure Income ETF | 14.23% | 1.16% |
MLPI NEOS MLP & Energy Infrastructure High Income ETF | 18.15% | 0.36% |
Correlation
The correlation between BKGI and MLPI is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 18, 2025 | 0.42 |
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Return for Risk
BKGI vs. MLPI — Risk / Return Rank
BKGI
MLPI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BKGI vs. MLPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bny Mellon Global Infrastructure Income ETF (BKGI) 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.
| BKGI | MLPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.38 | — | — |
| Martin ratioReturn relative to average drawdown | 10.08 | — | — |
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Drawdowns
BKGI vs. MLPI - Drawdown Comparison
The maximum BKGI drawdown since its inception was -14.79%, which is greater than MLPI's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for BKGI and MLPI.
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Drawdown Indicators
| BKGI | MLPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.79% | -5.38% | -9.41% |
Max Drawdown (1Y)Largest decline over 1 year | -6.16% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -11.37% | — | — |
Current DrawdownCurrent decline from peak | -1.78% | -3.36% | +1.58% |
Average DrawdownAverage peak-to-trough decline | -2.54% | -1.63% | -0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | — | — |
Volatility
BKGI vs. MLPI - Volatility Comparison
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Volatility by Period
| BKGI | MLPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.04% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.55% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.58% | 13.31% | -1.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.95% | 13.31% | +0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.95% | 13.31% | +0.64% |
BKGI vs. MLPI - Expense Ratio Comparison
BKGI has a 0.65% expense ratio, which is lower than MLPI's 0.68% expense ratio.
Dividends
BKGI vs. MLPI - Dividend Comparison
BKGI's dividend yield for the trailing twelve months is around 2.89%, less than MLPI's 8.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BKGI Bny Mellon Global Infrastructure Income ETF | 2.89% | 2.65% | 4.55% | 4.55% | 0.53% |
MLPI NEOS MLP & Energy Infrastructure High Income ETF | 8.63% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BKGI and MLPI have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BKGI is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BKGI is cheaper with a 0.65% expense ratio, compared with 0.68% for MLPI.
MLPI has the higher dividend yield at 8.63%, compared with 2.89% for BKGI.
They also come from different issuers: BNY Mellon and Neos. Their fees differ too: 0.65% for BKGI and 0.68% for MLPI.
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