AMLP vs ENFR
Alerian MLP ETF vs Alerian Energy Infrastructure ETF
Which is better, AMLP or ENFR?
ENFR has been ahead.
ENFR has a lower expense ratio. ENFR led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. ENFR is less concentrated, with 59.7% of the fund in its ten largest positions against 91.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AMLP | ENFR |
|---|---|---|
| Expense Ratio | 0.85% | 0.35%Best |
| AUM | $12.7B | $547M |
| Dividend Yield | 7.83% | 4.21% |
| Holdings | 15 | 29 |
| YTD Return | +17.02% | +24.47%Best |
| 1Y Return | +25.14% | +30.45%Best |
| 3Y Return (annualized) | +15.98% | +24.85%Best |
| 5Y Return (annualized) | +16.49% | +18.71%Best |
| Volatility (annualized) | 27.9% | 24.2%Best |
| Max Drawdown | -85.4% | -74.3%Best |
| $10,000 over 5 years | $21,451 | $23,574Best |
| Top 10 Weight | 91.2% | 59.7%Best |
| Fund Family | ALPS Advisors | ALPS Advisors |
| Category | Equity | Equity |
| Style | Mid Cap Value | Mid Cap Value |
| Inception | Aug 25, 2010 | Oct 31, 2013 |
Volatility and max drawdown are measured over the window both funds cover: Nov 1, 2013 to Oct 14, 2026 (13 years).
AMLP vs ENFR growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 13 years both funds cover.
AMLP vs ENFR Performance
Alerian MLP ETF (AMLP) is an ETF from ALPS Advisors and Alerian Energy Infrastructure ETF (ENFR) is an ETF from ALPS Advisors. Over the past year AMLP returned +25.14% while ENFR returned +30.45%. Year to date, AMLP is up 17.02% versus a gain of 24.47% for ENFR.
Over three years, AMLP compounded at +15.98% per year against +24.85% for ENFR; over five years the annualized figures are +16.49% and +18.71% respectively. Across the full 13-year window we track, ENFR has the edge at +5.91% annualized vs -0.52%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMLP has been the more volatile fund, with annualized monthly volatility of 27.9% compared with 24.2% for ENFR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -85.4% for AMLP and -74.3% for ENFR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AMLP charges 0.85% per year while ENFR charges 0.35%. On a $10,000 position that is $85 vs $35 annually, a gap of $50 per year that compounds over a long holding period. On income, AMLP currently yields 7.83% against 4.21% for ENFR.
Holdings Overlap
63.5% of AMLP's money is in holdings ENFR also owns. 32.4% of ENFR's money is in holdings AMLP also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 20 positions we hold weights for in AMLP and 29 in ENFR, against full books of 15 and 29.
What only one of them owns
Our book lists 12 positions for ENFR that do not appear in our book for AMLP (40.0% of the fund), and 6 for AMLP that do not appear in ENFR (36.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AMLP | Weight in ENFR | Difference |
|---|---|---|---|
| ETEnergy Transfer Lp | 12.17% | 8.65% | 3.52% |
| EPDEnterprise Products Partners Lp | 12.12% | 7.15% | 4.97% |
| MPLXMplx Lp | 12.35% | 4.99% | 7.36% |
| WESWestern Midstream Partners Lp | 12.20% | 2.70% | 9.50% |
| HESMHess Midstream Partners Lp | 7.19% | 2.17% | 5.02% |
| PAGPPlains Gp Holdings Lp | 0.00% | 4.94% | 4.94% |
| WBIWaterbridge Infrastruc-Cl A | 2.58% | 0.67% | 1.91% |
| GELGenesis Energy Lp | 2.64% | 0.38% | 2.26% |
| DKLDelek Logistics Partners, Lp | 2.27% | 0.33% | 1.94% |
| NGLNgl Energy Partners, Lp | 0.00% | 0.46% | 0.46% |
63.5% of AMLP is already inside ENFR.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AMLP or ENFR?
AMLP has an expense ratio of 0.85% while ENFR charges 0.35%. ENFR is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, AMLP or ENFR?
Over the past year AMLP returned +25.14% vs +30.45% for ENFR, so ENFR leads on 1-year performance. Over the longest common window we track (13 years), AMLP annualized -0.52% vs +5.91% for ENFR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMLP or ENFR?
AMLP has been the more volatile fund at 27.9% annualized versus 24.2% for ENFR. Worst drawdown: AMLP -85.4% vs ENFR -74.3%.
Should I hold both AMLP and ENFR?
AMLP and ENFR have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AMLP and ENFR?
63.5% of AMLP's money is in holdings ENFR also owns. 32.4% of ENFR's is in holdings AMLP also owns. They hold 10 positions in common, counted across the 20 positions we hold weights for in AMLP and 29 in ENFR.
Which pays a higher dividend, AMLP or ENFR?
AMLP yields 7.83% while ENFR yields 4.21%, so AMLP currently pays the higher dividend yield.
Is ENFR better than AMLP?
ENFR has a lower expense ratio. ENFR led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. ENFR is less concentrated, with 59.7% of the fund in its ten largest positions against 91.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.