MLPs

Master Limited Partnership funds — energy-infrastructure pipelines and midstream operators. Underlying MLPs issue K-1s; the ETF wrapper is typically a C-corp that absorbs that complexity into the fund and distributes 1099-DIV income to shareholders (shielding the holder from UBTI and K-1 filing). The trade-off is deferred-tax accrual on the wrapper that drags long-run NAV vs. the underlying index — a real performance hit that doesn't show up in the headline expense ratio.

2 funds in the catalog. Scored using methodology v0.5.1.

Top score

AMLP 40 / 100

Alerian MLP ETF

Cheapest

MLPA 0.77%

Global X MLP ETF

Largest by AUM

AMLP $12.16B

Alerian MLP ETF

All MLPs funds

Score	Ticker	Name	Expense	AUM	Yield
40	AMLP	Alerian MLP ETF	0.85%	$12.16B	7.56%
36	MLPA	Global X MLP ETF	0.77%	$2.13B	7.20%

Compare within MLPs

Run a side-by-side on any pair of MLPs funds — holdings overlap, cost difference, score breakdown. Start with the compare hub or jump directly to a fund page and use the picker.

Methodology v0.5.1. See /methodology/ for every threshold and weight used to score these funds.