MLPI vs. INFR

Last updated Jun 4, 2026

MLPI (Neos MLP & Energy Infrastructure High Income ETF) and INFR (ClearBridge Sustainable Infrastructure ETF) are both Energy Equities funds. MLPI is actively managed, while INFR is passively managed. At a 0.08 correlation, their price movements are largely independent. MLPI charges 0.68%/yr vs 0.59%/yr for INFR.

Performance

MLPI vs. INFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neos MLP & Energy Infrastructure High Income ETF (MLPI) and ClearBridge Sustainable Infrastructure ETF (INFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MLPI achieves a 17.58% return, which is significantly higher than INFR's 1.41% return.

MLPI

• 1D: 0.04%
• 1M: -3.13%
• YTD: 17.58%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

INFR

• 1D: 0.00%
• 1M: 0.00%
• YTD: 1.41%
• 6M: 0.97%
• 1Y: 7.79%
• 3Y*: 5.55%
• 5Y*: —
• 10Y*: —

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

MLPI vs. INFR - Yearly Performance Comparison

	2026 (YTD)	2025
MLPI Neos MLP & Energy Infrastructure High Income ETF	17.58%	0.56%
INFR ClearBridge Sustainable Infrastructure ETF	1.41%	1.01%

Correlation

The correlation between MLPI and INFR is 0.08, 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 19, 2025	0.08

Return for Risk

MLPI vs. INFR — Risk / Return Rank

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

INFR

INFR Risk / Return Rank: 27
INFR Sharpe Ratio Rank: 26
INFR Sortino Ratio Rank: 25
INFR Omega Ratio Rank: 31
INFR Calmar Ratio Rank: 26
INFR Martin Ratio Rank: 28

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.

MLPI vs. INFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neos MLP & Energy Infrastructure High Income ETF (MLPI) and ClearBridge Sustainable Infrastructure ETF (INFR). 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.

Sharpe Ratios by Period

	MLPI	INFR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.93	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.49	0.46	+3.03

Drawdowns

MLPI vs. INFR - Drawdown Comparison

The maximum MLPI drawdown since its inception was -5.38%, smaller than the maximum INFR drawdown of -19.28%. Use the drawdown chart below to compare losses from any high point for MLPI and INFR.

Drawdown Indicators

	MLPI	INFR	Difference
Max Drawdown Largest peak-to-trough decline	-5.38%	-19.28%	+13.90%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.43%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.55%	—
Current Drawdown Current decline from peak	-3.84%	-0.70%	-3.14%
Average Drawdown Average peak-to-trough decline	-1.27%	-4.93%	+3.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.04%	—

Volatility

Volatility by Period

	MLPI	INFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.05%	9.00%	+4.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.05%	14.26%	-1.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.05%	14.26%	-1.21%

MLPI vs. INFR - Expense Ratio Comparison

MLPI has a 0.68% expense ratio, which is higher than INFR's 0.59% expense ratio.

Dividends

MLPI vs. INFR - Dividend Comparison

MLPI's dividend yield for the trailing twelve months is around 6.04%, more than INFR's 2.49% yield.

Position	TTM	2025	2024	2023
INFR ClearBridge Sustainable Infrastructure ETF	2.49%	2.52%	2.36%	3.06%
MLPI Neos MLP & Energy Infrastructure High Income ETF	6.04%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MLPI and INFR in my portfolio?

MLPI and INFR have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MLPI or INFR?

On fees, INFR is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MLPI or INFR?

INFR is cheaper with a 0.59% expense ratio, compared with 0.68% for MLPI.

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

MLPI has the higher dividend yield at 6.04%, compared with 2.49% for INFR.

What is the main difference between MLPI and INFR?

They also come from different issuers: Neos and ClearBridge. Their fees differ too: 0.68% for MLPI and 0.59% for INFR.