ILS vs. MLPR

Last updated Aug 2, 2026

ILS (Brookmont Catastrophic Bond ETF) and MLPR (ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN) are both exchange-traded funds - ILS is a Nontraditional Bonds fund actively managed by Brookmont, while MLPR is a Leveraged Equities fund tracking the Alerian MLP Index (150%). ILS is actively managed, while MLPR is passively managed. Over the past year, ILS returned 7.73% vs 39.67% for MLPR. Their -0.15 correlation means they have often moved in opposite directions in the past. ILS charges 1.58%/yr vs 0.95%/yr for MLPR.

Performance

ILS vs. MLPR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookmont Catastrophic Bond ETF (ILS) and ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ILS achieves a 3.50% return, which is significantly lower than MLPR's 39.50% return.

ILS

• 1D: 0.05%
• 1M: 0.94%
• 6M: 3.09%
• YTD: 3.50%
• 1Y: 7.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.33%

MLPR

• 1D: 1.62%
• 1M: 11.14%
• 6M: 25.11%
• YTD: 39.50%
• 1Y: 39.67%
• 3Y*: 31.28%
• 5Y*: 31.23%
• 10Y*: —
• ALL TIME*: 32.46%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ILS Brookmont Catastrophic Bond ETF	$399.48K	$496.64K	$647.74K
MLPR ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN	$34.92K	$44.03K	$37.73K

ILS vs. MLPR - Yearly Performance Comparison

	2026 (YTD)	2025
ILS Brookmont Catastrophic Bond ETF	3.50%	3.54%
MLPR ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN	39.50%	-6.85%

Correlation

The correlation between ILS and MLPR is -0.19, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.19
Correlation (All Time) Calculated using the full available price history since Apr 1, 2025	-0.15

Return for Risk

ILS vs. MLPR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ILS

ILS Risk / Return Rank: 98
ILS Sharpe Ratio Rank: 97
ILS Sortino Ratio Rank: 97
ILS Omega Ratio Rank: 97
ILS Calmar Ratio Rank: 98
ILS Martin Ratio Rank: 98

MLPR

MLPR Risk / Return Rank: 68
MLPR Sharpe Ratio Rank: 72
MLPR Sortino Ratio Rank: 66
MLPR Omega Ratio Rank: 66
MLPR Calmar Ratio Rank: 73
MLPR Martin Ratio Rank: 61

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ILS vs. MLPR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookmont Catastrophic Bond ETF (ILS) and ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR). 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.

	ILS	MLPR	Difference
Sharpe ratio: Return per unit of total volatility	3.18	1.63	+1.55
Sortino ratio: Return per unit of downside risk	5.29	2.17	+3.12
Omega ratio: Gain probability vs. loss probability	1.74	1.28	+0.46
Calmar ratio: Return relative to maximum drawdown	14.14	2.55	+11.60
Martin ratio: Return relative to average drawdown	53.08	7.25	+45.83

ILS vs. MLPR - Sharpe Ratio Comparison

The current ILS Sharpe Ratio is 3.18, which is higher than the MLPR Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of ILS and MLPR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ILS vs. MLPR - Drawdown Comparison

The maximum ILS drawdown since its inception was -2.46%, smaller than the maximum MLPR drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for ILS and MLPR.

Drawdown Indicators

	ILS	MLPR	Difference
Max Drawdown Largest peak-to-trough decline	-2.46%	-48.98%	+46.52%
Max Drawdown (1Y) Largest decline over 1 year	-0.55%	-14.31%	+13.76%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.45%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.66%	—
Current Drawdown Current decline from peak	0.00%	-0.13%	+0.13%
Average Drawdown Average peak-to-trough decline	-0.50%	-8.89%	+8.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.15%	5.35%	-5.20%

Volatility

ILS vs. MLPR - Volatility Comparison

The current volatility for Brookmont Catastrophic Bond ETF (ILS) is 0.42%, while ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) has a volatility of 8.44%. This indicates that ILS experiences smaller price fluctuations and is considered to be less risky than MLPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ILS	MLPR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.42%	8.44%	-8.02%
Volatility (6M) Calculated over the trailing 6-month period	1.47%	17.18%	-15.71%
Volatility (1Y) Calculated over the trailing 1-year period	2.46%	22.38%	-19.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.65%	29.11%	-25.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.65%	33.66%	-30.01%

ILS vs. MLPR - Expense Ratio Comparison

ILS has a 1.58% expense ratio, which is higher than MLPR's 0.95% expense ratio.

Dividends

ILS vs. MLPR - Dividend Comparison

ILS's dividend yield for the trailing twelve months is around 8.14%, less than MLPR's 8.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ILS Brookmont Catastrophic Bond ETF	8.14%	6.06%	0.00%	0.00%	0.00%	0.00%	0.00%
MLPR ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN	8.83%	10.85%	9.57%	10.08%	7.49%	10.69%	4.21%

Frequently Asked Questions

Can I hold both ILS and MLPR in my portfolio?

ILS and MLPR have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ILS or MLPR?

MLPR has higher volatility (8.44%) compared to ILS (0.42%). In terms of maximum drawdown, ILS dropped -2.46% vs MLPR's -48.98%.

Which ETF is better, ILS or MLPR?

On 1-year performance, MLPR leads with 39.67% vs 7.73% for ILS. On fees, MLPR is cheaper at 0.95% per year. On volatility, ILS has been the lower-risk option at 0.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ILS or MLPR?

Over the 1-year period, MLPR has performed better with a 39.67% return vs 7.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ILS or MLPR?

MLPR is cheaper with a 0.95% expense ratio, compared with 1.58% for ILS.

Which ETF pays a higher dividend yield, ILS or MLPR?

MLPR has the higher dividend yield at 8.83%, compared with 8.14% for ILS.

What is the main difference between ILS and MLPR?

ILS is categorized as Nontraditional Bonds, while MLPR is Leveraged Equities. They also come from different issuers: Brookmont and UBS. Their fees differ too: 1.58% for ILS and 0.95% for MLPR.

Which has better risk-adjusted returns?

ILS currently has the higher Sharpe Ratio (3.18 vs 1.63), 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.