JANT vs. MLPI

Last updated Jun 5, 2026

JANT (AllianzIM U.S. Large Cap Buffer10 Jan ETF) and MLPI (Neos MLP & Energy Infrastructure High Income ETF) are both exchange-traded funds - JANT is a Options Trading fund actively managed by Allianz, while MLPI is a Energy Equities fund actively managed by Neos. Both are actively managed. At a correlation of -0.18, they often move in opposite directions. JANT charges 0.74%/yr vs 0.68%/yr for MLPI.

Performance

JANT vs. MLPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Large Cap Buffer10 Jan ETF (JANT) and Neos MLP & Energy Infrastructure High Income ETF (MLPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JANT achieves a 6.90% return, which is significantly lower than MLPI's 18.70% return.

JANT

• 1D: 0.27%
• 1M: 2.50%
• YTD: 6.90%
• 6M: 8.26%
• 1Y: 19.82%
• 3Y*: 16.53%
• 5Y*: 10.32%
• 10Y*: —

MLPI

• 1D: 0.96%
• 1M: -1.95%
• YTD: 18.70%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JANT vs. MLPI - Yearly Performance Comparison

	2026 (YTD)	2025
JANT AllianzIM U.S. Large Cap Buffer10 Jan ETF	6.90%	1.08%
MLPI Neos MLP & Energy Infrastructure High Income ETF	18.70%	0.56%

Correlation

The correlation between JANT and MLPI is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 19, 2025	-0.18

Return for Risk

JANT vs. MLPI — Risk / Return Rank

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

JANT

JANT Risk / Return Rank: 83
JANT Sharpe Ratio Rank: 83
JANT Sortino Ratio Rank: 87
JANT Omega Ratio Rank: 88
JANT Calmar Ratio Rank: 69
JANT Martin Ratio Rank: 86

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.

JANT vs. MLPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer10 Jan ETF (JANT) 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.

	JANT	MLPI	Difference
Sharpe ratio: Return per unit of total volatility	2.67	—	—
Sortino ratio: Return per unit of downside risk	3.88	—	—
Omega ratio: Gain probability vs. loss probability	1.54	—	—
Calmar ratio: Return relative to maximum drawdown	3.35	—	—
Martin ratio: Return relative to average drawdown	17.58	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JANT	MLPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.67	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.92	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	3.69	-2.67

Drawdowns

JANT vs. MLPI - Drawdown Comparison

The maximum JANT drawdown since its inception was -16.18%, which is greater than MLPI's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for JANT and MLPI.

Drawdown Indicators

	JANT	MLPI	Difference
Max Drawdown Largest peak-to-trough decline	-16.18%	-5.38%	-10.80%
Max Drawdown (1Y) Largest decline over 1 year	-5.94%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.25%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.18%	—	—
Current Drawdown Current decline from peak	-0.03%	-2.92%	+2.89%
Average Drawdown Average peak-to-trough decline	-2.67%	-1.28%	-1.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.13%	—	—

Volatility

Volatility by Period

	JANT	MLPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.33%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.44%	13.05%	-5.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.31%	13.05%	-1.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.10%	13.05%	-1.95%

JANT vs. MLPI - Expense Ratio Comparison

JANT has a 0.74% expense ratio, which is higher than MLPI's 0.68% expense ratio.

Dividends

JANT vs. MLPI - Dividend Comparison

JANT has not paid dividends to shareholders, while MLPI's dividend yield for the trailing twelve months is around 5.99%.

Position	TTM
JANT AllianzIM U.S. Large Cap Buffer10 Jan ETF	0.00%
MLPI Neos MLP & Energy Infrastructure High Income ETF	5.99%

Frequently Asked Questions

Can I hold both JANT and MLPI in my portfolio?

JANT and MLPI have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JANT 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, JANT or MLPI?

MLPI is cheaper with a 0.68% expense ratio, compared with 0.74% for JANT.

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

MLPI has the higher dividend yield at 5.99%, compared with 0.00% for JANT.

What is the main difference between JANT and MLPI?

JANT is categorized as Options Trading, while MLPI is Energy Equities. They also come from different issuers: Allianz and Neos. Their fees differ too: 0.74% for JANT and 0.68% for MLPI.