ETF·NYSE
NEOS MLP & Energy Infrastructure High Income ETF (MLPI)
- Net assets
- $907.21M
- Expense ratio
- 0.68%
- Yield
- 12.85%
- 52-week range
- $49.15 $58.47
The short version
Where MLPI stands today, in four lines, and what CleaRank Financial AI makes of it.
MLPI at a glance
NEOS MLP & Energy Infrastructure High Income ETF (MLPI): Hold, 55/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($53.23 and $54.46).
- Fund Expense ratio 0.68%, $907.2M in net assets.
Figures as of October 15, 2026.
CleaRank Financial AI
The NEOS MLP & Energy Infrastructure High Income ETF (MLPI) is an actively managed fund focused on North American energy infrastructure, including MLPs and related companies.
The fund aims to generate monthly distributions through an options-based income strategy. Its portfolio is concentrated in large pipeline, storage, and energy logistics operators. The fund's strategy blends sector exposure with income generation and tax-aware mechanics within the energy infrastructure category. MLPI's recent performance shows a 1-month return of -7.17% and a 3-month return of -5.03%.
Only on CleaRank
Figures we compute ourselves from MLPI's own price history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
0/4Price above its 50-day average ›
The price of $51.43 is 3.4% below the 50-day simple moving average of $53.23.Price above its 200-day average ›
The price is 5.6% below the 200-day simple moving average of $54.46.50-day average above the 200-day ›
The 50-day average ($53.23) is 2.3% below the 200-day average ($54.46), the arrangement of a falling longer-term trend.In the upper half of its 52-week range ›
The price sits at 24% of its 52-week range, between $49.15 and $58.47.
MLPI share price
Pick a period: each tab shows how far MLPI has moved over it, to the last close.
Today's trading
Where MLPI sits inside today's range and its 52-week range.
Fund facts and valuation
What the fund holds, what it costs and how it is valued.
Fund checks
0/3Expense ratio at or below 0.20% ›
The fund charges 0.68% a year, $68.00 on a $10,000 holding.Over $1B in net assets ›
Net assets total $907.2M.No sector above 35% of the fund ›
The largest sector, Energy, makes up 94.1% of the fund.
MLPI Fund Facts
NEOS MLP & Energy Infrastructure High Income ETF is an actively managed exchange-traded fund focused on North American energy infrastructure businesses, including master limited partnerships and related companies involved in transportation, storage, and processing of energy resources. The fund seeks to combine exposure to this essential midstream segment with an options-based income strategy, using call writing to help generate recurring monthly distributions.
Sector weights
Trailing total returns
| Period | MLPI |
|---|---|
| YTD | 12.20% |
| 1 month | -7.17% |
| 3 months | -5.03% |
As of Oct 15, 2026, MLPI has an expense ratio of 0.68% and $907.21M in net assets.
Fund reference data as of Oct 15, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
Key statistics
The headline figures for MLPI.
What the numbers say
CleaRank Financial AI's reading of MLPI's holdings, performance and risks.
The NEOS MLP & Energy Infrastructure High Income ETF (MLPI) holds approximately 98.37% in stocks and 1.85% in cash, with a significant concentration in the Energy sector at 94.11% and 5.89% in Utilities.
The fund's expense ratio is 0.68%, costing $68.00 per $10,000 invested. Its net assets stand at $907,212,480. The fund's strategy is to provide exposure to essential midstream energy businesses and generate income through options. The sector's strong weighting suggests a focus on the performance drivers within energy infrastructure.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 43.0, in neutral territory.RSI above 50 ›
An RSI of 43.0 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of MLPI
The score, the reasoning behind it, and what could move the price next.
- Monitor the 50-day and 200-day SMAs for potential trend reversals.
Technical indicators
Momentum and trend for MLPI, from its daily closes.
As of October 15, 2026, with MLPI at $51.43, its 14-day RSI is 43.0 (neutral territory), its 50-day simple moving average is $53.23 and its 200-day is $54.46.
Calculated by CleaRank on daily closes as of October 15, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What MLPI moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 15, 2026, MLPI's 1-year correlation of daily returns is -0.15 with S&P 500 (SPY), -0.18 with Nasdaq 100 (QQQ), -0.01 with Bitcoin (BTC) and -0.07 with gold (XAU).
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
MLPI trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Entry Strategies pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from MLPI's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much MLPI tends to move, against the market and on its own.
The long record
MLPI's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
2/3Average daily move under 2% ›
The price has moved 0.98% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 13.9%, from May 2026 to September 2026; the price is still 11.8% below that peak.Beat the S&P 500 since the chart begins ›
$10,000 invested in December 2025 is now worth $11,839, against $11,499 in the S&P 500 (SPY).
MLPI Drawdowns & Recovery
As of October 15, 2026, MLPI's worst peak-to-trough fall over the past year with dividends reinvested was -13.9% (May 2026 to September 2026); it is still 11.8% below that peak.
From daily closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into MLPI in December 2025 is worth now, against the same amount in the S&P 500.
Against the market: MLPI beat the S&P 500 over this period: $11,839 against $11,499.
A $10,000 investment in MLPI in December 2025 would be worth about $11,839 today with dividends reinvested, compared with about $11,499 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to MLPI, and which have not.
Strongest month, April: an average of +9.52%.
Weakest month, March: an average of -11.08%.
This month, October: has averaged -5.82%. Past seasonality does not repeat on schedule.
Average return for each calendar month over the stored price history; treat short histories with caution.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in MLPI, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in MLPI today could grow to about $19,432 by 2036 in the base case, with a 90th-percentile outcome near $34,633 and a 10th-percentile outcome around $10,903 (above the amount invested: over ten years most simulated paths of a rising, moderately volatile asset end higher). Projections are statistical simulations, not guarantees.
MLPI 2030 Scenarios (Monte Carlo)
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $67.08 for MLPI by 2030 in the base case, from $51.43 today (1.3x over 4 years). The 10th-percentile path ends near $46.55. These are outcomes of a Monte Carlo simulation run on MLPI's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $45.78 | $54.96 | $65.98 | |
| 2028 | $45.36 | $58.74 | $76.06 | |
| 2029 | $45.74 | $62.77 | $86.15 | |
| 2030 | $46.55 | $67.08 | $96.68 | |
| 2031 | $47.64 | $71.69 | $108 |
Method: a lognormal simulation of MLPI's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Questions people ask
Answered from the figures on this page, as of October 15, 2026.