How to invest in Master Limited Partnerships using ETFs

How do I invest in MLPs with ETFs?

Master Limited Partnerships are used to finance projects in the real estate and fossil resource exploration sectors. For this purpose, shares of such a partnership of multiple companies are listed on a stock exchange.

The MLP itself has no employees and is obliged to distribute all earnings to the parties involved in the partnership. This legal form only exists in the USA where it is popular because no corporate taxes are charged on the distributed income. Accordingly, the reported earnings are quite high.

Since MLP shares are listed and traded on a stock exchange, the securities can also be used to build an equity index. The corresponding MLP ETFs are usually among the ETFs with the highest dividend yields, but are also associated with all the risks of an investment in fossil resources.

In this investment guide, you will find all ETFs that allow you to invest in Master Limited Partnerships.
 

When choosing an MLP ETF one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all MLP ETFs with details on size, cost, age, income, domicile and replication method ranked by fund size.

Compare all MLP ETFs in detail
Compare all MLP ETFs in a chart

Source: justETF.com; As of 13.03.25

Return comparison of all MLP ETFs

The table shows the returns of all MLP ETFs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.

• Cumulative
• Calendar year

Source: justETF.com; As of 28.02.25; Calculations in EUR including dividends