MLPs ETFs provide exposure to the equity of companies structured as master limited partnerships (MLPs). These companies must receive their income from qualifying sources such as exploration, mining, extraction and the refining of oil and gas.
With 18 ETFs traded on the U.S. markets, MLPs ETFs have total assets under management of $15.18B. The average expense ratio is 0.80%. MLPs ETFs can be found in the following asset classes:
- Equity
The largest MLPs ETF is the Alerian MLP ETF AMLP with $6.16B in assets. In the last trailing year, the best-performing MLPs ETF was MLPO at 29.46%. The most recent ETF launched in the MLPs space was the USCF Midstream Energy Income Fund UMI on 03/24/21.