KSLV vs. MLPI

Last updated Jun 23, 2026

KSLV (Kurv Silver Enhanced Income ETF) and MLPI (NEOS MLP & Energy Infrastructure High Income ETF) are both exchange-traded funds - KSLV is a Silver fund actively managed by Kurv, while MLPI is a MLPs fund actively managed by NEOS. Both are actively managed. At a correlation of -0.01, they often move in opposite directions. KSLV charges 1.00%/yr vs 0.68%/yr for MLPI.

Performance

KSLV vs. MLPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Silver Enhanced Income ETF (KSLV) 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, KSLV achieves a -10.35% return, which is significantly lower than MLPI's 18.32% return.

KSLV

• 1D: -1.10%
• 1M: -14.26%
• YTD: -10.35%
• 6M: -7.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MLPI

• 1D: 1.53%
• 1M: -3.23%
• YTD: 18.32%
• 6M: 17.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KSLV vs. MLPI - Yearly Performance Comparison

	2026 (YTD)	2025
KSLV Kurv Silver Enhanced Income ETF	-10.35%	7.48%
MLPI NEOS MLP & Energy Infrastructure High Income ETF	18.32%	0.36%

Correlation

The correlation between KSLV and MLPI is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 18, 2025	-0.01

Return for Risk

KSLV vs. MLPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Silver Enhanced Income ETF (KSLV) 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.

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

Drawdowns

KSLV vs. MLPI - Drawdown Comparison

The maximum KSLV drawdown since its inception was -47.97%, which is greater than MLPI's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for KSLV and MLPI.

Drawdown Indicators

	KSLV	MLPI	Difference
Max Drawdown Largest peak-to-trough decline	-47.97%	-5.38%	-42.59%
Current Drawdown Current decline from peak	-46.86%	-3.23%	-43.63%
Average Drawdown Average peak-to-trough decline	-20.98%	-1.49%	-19.49%

Volatility

Volatility by Period

	KSLV	MLPI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	71.70%	13.04%	+58.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.70%	13.04%	+58.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.70%	13.04%	+58.66%

KSLV vs. MLPI - Expense Ratio Comparison

KSLV has a 1.00% expense ratio, which is higher than MLPI's 0.68% expense ratio.

Dividends

KSLV vs. MLPI - Dividend Comparison

KSLV's dividend yield for the trailing twelve months is around 21.19%, more than MLPI's 7.27% yield.

Position	TTM	2025
KSLV Kurv Silver Enhanced Income ETF	21.19%	4.42%
MLPI NEOS MLP & Energy Infrastructure High Income ETF	7.27%	0.00%

Frequently Asked Questions

Can I hold both KSLV and MLPI in my portfolio?

KSLV and MLPI have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KSLV 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, KSLV or MLPI?

MLPI is cheaper with a 0.68% expense ratio, compared with 1.00% for KSLV.

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

KSLV has the higher dividend yield at 21.19%, compared with 7.27% for MLPI.

What is the main difference between KSLV and MLPI?

KSLV is categorized as Silver, while MLPI is MLPs. They also come from different issuers: Kurv and NEOS. Their fees differ too: 1.00% for KSLV and 0.68% for MLPI.