MLPI vs. BILD
MLPI (Neos MLP & Energy Infrastructure High Income ETF) and BILD (Macquarie Global Listed Infrastructure ETF) are both Energy Equities funds. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. MLPI charges 0.68%/yr vs 0.49%/yr for BILD.
Performance
MLPI vs. BILD - Performance Comparison
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Returns By Period
In the year-to-date period, MLPI achieves a 17.58% return, which is significantly higher than BILD's 7.24% return.
MLPI
- 1D
- 0.04%
- 1M
- -3.13%
- YTD
- 17.58%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BILD
- 1D
- -0.50%
- 1M
- -2.00%
- YTD
- 7.24%
- 6M
- 6.70%
- 1Y
- 14.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MLPI vs. BILD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MLPI Neos MLP & Energy Infrastructure High Income ETF | 17.58% | 0.56% |
BILD Macquarie Global Listed Infrastructure ETF | 7.24% | 0.92% |
Correlation
The correlation between MLPI and BILD is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 19, 2025 | 0.35 |
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Return for Risk
MLPI vs. BILD — Risk / Return Rank
MLPI
BILD
MLPI vs. BILD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neos MLP & Energy Infrastructure High Income ETF (MLPI) and Macquarie Global Listed Infrastructure ETF (BILD). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| MLPI | BILD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.35 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.49 | 0.88 | +2.61 |
Drawdowns
MLPI vs. BILD - Drawdown Comparison
The maximum MLPI drawdown since its inception was -5.38%, smaller than the maximum BILD drawdown of -14.78%. Use the drawdown chart below to compare losses from any high point for MLPI and BILD.
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Drawdown Indicators
| MLPI | BILD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.38% | -14.78% | +9.40% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.05% | — |
Current DrawdownCurrent decline from peak | -3.84% | -5.05% | +1.21% |
Average DrawdownAverage peak-to-trough decline | -1.27% | -3.70% | +2.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.14% | — |
Volatility
MLPI vs. BILD - Volatility Comparison
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Volatility by Period
| MLPI | BILD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.05% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.88% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.05% | 10.78% | +2.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.05% | 13.23% | -0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.05% | 13.23% | -0.18% |
MLPI vs. BILD - Expense Ratio Comparison
MLPI has a 0.68% expense ratio, which is higher than BILD's 0.49% expense ratio.
Dividends
MLPI vs. BILD - Dividend Comparison
MLPI's dividend yield for the trailing twelve months is around 6.04%, more than BILD's 2.86% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BILD Macquarie Global Listed Infrastructure ETF | 2.86% | 3.05% | 5.53% | 0.52% |
MLPI Neos MLP & Energy Infrastructure High Income ETF | 6.04% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MLPI and BILD have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BILD is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BILD is cheaper with a 0.49% expense ratio, compared with 0.68% for MLPI.
MLPI has the higher dividend yield at 6.04%, compared with 2.86% for BILD.
They also come from different issuers: Neos and Macquarie. Their fees differ too: 0.68% for MLPI and 0.49% for BILD.
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