Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
MLPIvsFENYETF Comparison
NEOS MLP & Energy Infrastructure High Income ETF
NEOS MLP & Energy Infrastructure High Income ETF (MLPI) belongs to the Options Strategies segment. Fidelity MSCI Energy Index ETF (FENY) is part of the US Energy segment. Both ETFs have the same top 3 sector exposures: and Energy. MLPI is more expensive with a Total Expense Ratio (TER) of 0.68%, versus 0.08% for FENY. MLPI is up 14.28% year-to-date (YTD) with +$318M in YTD flows. FENY performs better with 24.74% YTD performance, and +$144M in YTD flows. Run a side-by-side ETF comparison of MLPI and FENY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
MLPI vs FENY performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MLPI FENY | +3.37%+4.17% | n/a+21.62% | +14.28%+24.74% | n/a+32.82% | n/a+51.07% | n/a+154.26% |
| Flows | MLPI FENY | +$162M+$125M | -+$133M | +$318M+$144M | --$106M | --$273M | --$102M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MLPI FENY | n/a+21.66% | n/a+24.93% | n/a+21.92% | n/a+26.66% |
| Max drawdown | MLPI FENY | n/a-5.24% | n/a-19.05% | n/a-21.38% | n/a-26.58% |
| Max drawdown duration | MLPI FENY | n/a23d | n/a176d | n/a404d | n/a146d |
MLPI | FENY | |
Last sale 3/11/2026 at 1:30 PM | $31.63 | |
| Previous close 03/11/2026 | $30.89 | |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
MLPI | FENY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
MLPI | FENY | |
|---|---|---|
| Last price | – | $31.63 |
| 1D performance | – | +2.40% |
| AuM | $364.03 M | $1.74 B |
| E/R | 0.68% | 0.08% |
MLPI | FENY | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | NEOS Investment Management | Fidelity |
| Benchmark | - | MSCI USA IMI Energy Index |
| N° of holdings | 22 | 85 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 18, 2025 | October 21, 2013 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the MLPI and FENY ETFs performed in 2026?
As of March 11, 2026, MLPI is up 14.28% year-to-date (YTD), while FENY has returned 24.74%. That puts FENY better performer ahead so far this year.
Which ETF is attracting more investor money: MLPI or FENY?
Year-to-date, the MLPI ETF saw +$318M in flows, compared to +$144M for FENY.
Which ETF is bigger: MLPI or FENY?
As of March 11, 2026, MLPI holds $364.03 M in assets under management (AUM), while FENY manages $1.74 B.
What sectors do the MLPI and FENY ETFs invest in?
MLPI leans toward sectors like Energy. Meanwhile, FENY focuses on Energy.
What are the top holdings of the MLPI ETF and FENY ETF?
MLPI top holdings include WILLIAMS, ENBRIDGE and TC ENERGY CORP. FENY holds in its top three: EXXON, CHEVRON TEXACO and CONOCOPHILLIPS.
Which ETF is more diversified: MLPI or FENY?
MLPI holds 24 securities with 82.72% of its assets in the top 15. FENY has 98 securities and a top 15 weight of 76.01%.
Oil Prices Slide Again Despite OPEC+’s Conditional Output Plan
Energy Sector Plummets on Fed Comments and Crude Oil Stocks
Energy Sector Weighed Down by Oil Prices Amid Sluggish World Data
Oil Market Weak Despite Production Cuts
The Energy Sector Remains the Worst Performer for the Year
The Energy Sector Remains the Worst Performer for the Year
Active Trader Report: Use of Leveraged & Inverse ETFs Way Up
Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.
