ELFY vs. MLPB
ELFY (ALPS Electrification Infrastructure ETF) and MLPB (ETRACS Alerian MLP Infrastructure Index ETN Series B) are both Infrastructure Equities funds - ELFY tracks the Ladenburg Thalmann Electrification Infrastructure Index while MLPB tracks the Alerian MLP Infrastructure Index. Both are passively managed. Over the past year, ELFY returned 23.88% vs 25.73% for MLPB. Their 0.21 correlation means their historical movements had little consistent relationship. ELFY charges 0.50%/yr vs 0.85%/yr for MLPB.
Performance
ELFY vs. MLPB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ELFY achieves a 18.04% return, which is significantly lower than MLPB's 26.71% return.
ELFY
- 1D
- 1.43%
- 1M
- -3.83%
- 6M
- 9.13%
- YTD
- 18.04%
- 1Y
- 23.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 42.33%
MLPB
- 1D
- 0.07%
- 1M
- 7.25%
- 6M
- 18.96%
- YTD
- 26.71%
- 1Y
- 25.73%
- 3Y*
- 22.35%
- 5Y*
- 23.19%
- 10Y*
- 8.90%
- ALL TIME*
- 7.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.73M | $2.33M | $2.21M | |
| $105.22K | $111.18K | $133.63K |
ELFY vs. MLPB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ELFY ALPS Electrification Infrastructure ETF | 18.04% | 34.72% |
MLPB ETRACS Alerian MLP Infrastructure Index ETN Series B | 26.71% | 7.86% |
Correlation
The correlation between ELFY and MLPB is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2025 | 0.21 |
The correlation between ELFY and MLPB shifts across timeframes, from 0.06 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ELFY vs. MLPB — Risk / Return Rank
ELFY
MLPB
ELFY vs. MLPB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ALPS Electrification Infrastructure ETF (ELFY) and ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB). 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.
| ELFY | MLPB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.31 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | 2.79 | -1.02 |
| Martin ratioReturn relative to average drawdown | 6.40 | 7.44 | -1.04 |
Loading charts...
Drawdowns
ELFY vs. MLPB - Drawdown Comparison
The maximum ELFY drawdown since its inception was -13.61%, smaller than the maximum MLPB drawdown of -71.93%. Use the drawdown chart below to compare losses from any high point for ELFY and MLPB.
Loading charts...
Drawdown Indicators
| ELFY | MLPB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.61% | -71.93% | +58.32% |
Max Drawdown (1Y)Largest decline over 1 year | -13.61% | -9.28% | -4.33% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.49% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.41% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -71.93% | — |
Current DrawdownCurrent decline from peak | -9.16% | 0.00% | -9.16% |
Average DrawdownAverage peak-to-trough decline | -2.12% | -14.66% | +12.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.74% | 3.47% | +0.27% |
Volatility
ELFY vs. MLPB - Volatility Comparison
ALPS Electrification Infrastructure ETF (ELFY) has a higher volatility of 6.75% compared to ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) at 4.61%. This indicates that ELFY's price experiences larger fluctuations and is considered to be riskier than MLPB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ELFY | MLPB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.75% | 4.61% | +2.14% |
Volatility (6M)Calculated over the trailing 6-month period | 17.01% | 11.09% | +5.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.80% | 14.08% | +6.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.06% | 19.61% | +0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.06% | 27.21% | -7.15% |
ELFY vs. MLPB - Expense Ratio Comparison
ELFY has a 0.50% expense ratio, which is lower than MLPB's 0.85% expense ratio.
Dividends
ELFY vs. MLPB - Dividend Comparison
ELFY's dividend yield for the trailing twelve months is around 1.04%, less than MLPB's 5.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ELFY ALPS Electrification Infrastructure ETF | 1.04% | 0.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MLPB ETRACS Alerian MLP Infrastructure Index ETN Series B | 5.69% | 6.51% | 5.95% | 6.37% | 6.00% | 6.98% | 11.93% | 7.98% | 8.11% | 7.23% | 6.85% |
Frequently Asked Questions
ELFY and MLPB have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ELFY has higher volatility (6.75%) compared to MLPB (4.61%). In terms of maximum drawdown, ELFY dropped -13.61% vs MLPB's -71.93%.
On 1-year performance, MLPB leads with 25.73% vs 23.88% for ELFY. On fees, ELFY is cheaper at 0.50% per year. On volatility, MLPB has been the lower-risk option at 4.61%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, MLPB has performed better with a 25.73% return vs 23.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ELFY is cheaper with a 0.50% expense ratio, compared with 0.85% for MLPB.
MLPB has the higher dividend yield at 5.69%, compared with 1.04% for ELFY.
ELFY tracks Ladenburg Thalmann Electrification Infrastructure Index, while MLPB tracks Alerian MLP Infrastructure Index. They also come from different issuers: ALPS and UBS. Their fees differ too: 0.50% for ELFY and 0.85% for MLPB.
MLPB currently has the higher Sharpe Ratio (1.84 vs 1.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ELFY and MLPB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer