UCIB vs. MLPB
UCIB (ETRACS CMCI Total Return ETN Series B) and MLPB (ETRACS Alerian MLP Infrastructure Index ETN Series B) are both exchange-traded funds - UCIB is a Commodities fund tracking the UBS Bloomberg CMCI Index, while MLPB is a MLPs fund tracking the Alerian MLP Infrastructure Index. Both are passively managed. Over the past 10 years, UCIB returned 10.30%/yr vs 10.20%/yr for MLPB. At a 0.31 correlation, their price movements are largely independent. UCIB charges 0.55%/yr vs 0.85%/yr for MLPB.
Performance
UCIB vs. MLPB - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with UCIB having a 20.67% return and MLPB slightly lower at 19.72%. Both investments have delivered pretty close results over the past 10 years, with UCIB having a 10.30% annualized return and MLPB not far behind at 10.20%.
UCIB
- 1D
- -1.83%
- 1M
- -5.93%
- YTD
- 20.67%
- 6M
- 21.76%
- 1Y
- 29.68%
- 3Y*
- 13.51%
- 5Y*
- 11.77%
- 10Y*
- 10.30%
MLPB
- 1D
- -0.05%
- 1M
- -0.42%
- YTD
- 19.72%
- 6M
- 18.24%
- 1Y
- 20.60%
- 3Y*
- 22.21%
- 5Y*
- 19.42%
- 10Y*
- 10.20%
UCIB vs. MLPB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UCIB ETRACS CMCI Total Return ETN Series B | 20.67% | 8.97% | 6.58% | -2.26% | 18.24% | 37.34% | 1.10% | 10.86% | -9.48% | 5.85% |
MLPB ETRACS Alerian MLP Infrastructure Index ETN Series B | 19.72% | 7.40% | 25.53% | 22.01% | 30.22% | 39.42% | -30.80% | 5.69% | -8.79% | -9.71% |
Correlation
The correlation between UCIB and MLPB is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2015 | 0.31 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UCIB vs. MLPB — Risk / Return Rank
UCIB
MLPB
UCIB vs. MLPB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS CMCI Total Return ETN Series B (UCIB) and ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB). 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.
| UCIB | MLPB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.26 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 2.14 | -0.22 |
| Martin ratioReturn relative to average drawdown | 6.55 | 6.60 | -0.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| UCIB | MLPB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 1.54 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.97 | -0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.37 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.24 | +0.14 |
Drawdowns
UCIB vs. MLPB - Drawdown Comparison
The maximum UCIB drawdown since its inception was -36.94%, smaller than the maximum MLPB drawdown of -71.93%. Use the drawdown chart below to compare losses from any high point for UCIB and MLPB.
Loading charts...
Drawdown Indicators
| UCIB | MLPB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.94% | -71.93% | +34.99% |
Max Drawdown (1Y)Largest decline over 1 year | -15.53% | -9.68% | -5.85% |
Max Drawdown (3Y)Largest decline over 3 years | -16.18% | -16.49% | +0.31% |
Max Drawdown (5Y)Largest decline over 5 years | -20.95% | -20.41% | -0.54% |
Max Drawdown (10Y)Largest decline over 10 years | -36.94% | -71.93% | +34.99% |
Current DrawdownCurrent decline from peak | -15.53% | -4.69% | -10.84% |
Average DrawdownAverage peak-to-trough decline | -9.06% | -14.83% | +5.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.54% | 3.13% | +1.41% |
Volatility
UCIB vs. MLPB - Volatility Comparison
ETRACS CMCI Total Return ETN Series B (UCIB) has a higher volatility of 16.62% compared to ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) at 5.40%. This indicates that UCIB's price experiences larger fluctuations and is considered to be riskier than MLPB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UCIB | MLPB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.62% | 5.40% | +11.22% |
Volatility (6M)Calculated over the trailing 6-month period | 31.05% | 10.05% | +21.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.72% | 13.51% | +18.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.74% | 20.03% | +6.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.22% | 28.11% | -4.89% |
UCIB vs. MLPB - Expense Ratio Comparison
UCIB has a 0.55% expense ratio, which is lower than MLPB's 0.85% expense ratio.
Dividends
UCIB vs. MLPB - Dividend Comparison
UCIB has not paid dividends to shareholders, while MLPB's dividend yield for the trailing twelve months is around 5.85%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
MLPB ETRACS Alerian MLP Infrastructure Index ETN Series B | 5.85% | 6.51% | 5.95% | 6.37% | 6.00% | 6.98% | 11.93% | 7.98% | 8.11% | 7.23% | 6.85% |
UCIB ETRACS CMCI Total Return ETN Series B | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UCIB and MLPB have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UCIB has higher volatility (16.62%) compared to MLPB (5.40%). In terms of maximum drawdown, UCIB dropped -36.94% vs MLPB's -71.93%.
On 10-year performance, UCIB leads with 10.30% vs 10.20% for MLPB. On fees, UCIB is cheaper at 0.55% per year. On volatility, MLPB has been the lower-risk option at 5.40%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, UCIB has performed better with a 10.30% return vs 10.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
UCIB is cheaper with a 0.55% expense ratio, compared with 0.85% for MLPB.
MLPB has the higher dividend yield at 5.85%, compared with 0.00% for UCIB.
UCIB is categorized as Commodities, while MLPB is MLPs. UCIB tracks UBS Bloomberg CMCI Index, while MLPB tracks Alerian MLP Infrastructure Index. Their fees differ too: 0.55% for UCIB and 0.85% for MLPB.
MLPB currently has the higher Sharpe Ratio (1.54 vs 0.94), 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.
Find the right allocation for UCIB and MLPB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer