UBS AG London Branch ELKS 6 (MLPB) Performance
MLPB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +24.0% since Dec 31, 2025
- 1 year
- +27.7% total return
- 5 years
- +19.5% a year
- 10 years
- +8.3% a year
- Since first price
- +7.1% a year since 2015
MLPB trailing returns vs SPY, QQQ, AGG
| Period | MLPB total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.9% | −2.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.9% | −3.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.1% | +4.0% | +7.8% | +8.4% | −1.5% |
| YTD | +24.0% | +16.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +27.7% | +20.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +69.9%+19.3%/yr | +40.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +143.6%+19.5%/yr | +75.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +122.8%+8.3%/yr | +5.9% | — | — | — |
| Since inceptionOct 9, 2015 | +114.3%+7.1%/yr | −4.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: MLPB vs SPY
From Oct 9, 2015: MLPB grew to $21,427, SPY to $45,153.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MLPB returns by calendar year
7 of 10 full years positive. Best 2021 (+39.4%), worst 2020 (−30.8%). 2026 is year to date.
MLPB annual returns table
| Year | MLPB | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +24.0% | −9.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.4% | −16.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +25.5% | −9.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +22.0% | −10.2% | +26.2% | +54.9% | +5.7% |
| 2022 | +30.2% | −20.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +39.4% | −17.2% | +28.7% | +27.4% | −1.8% |
| 2020 | −30.8% | −65.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +5.7% | −20.6% | +31.2% | +39.0% | +8.5% |
| 2018 | −8.8% | −24.6% | −4.6% | −0.1% | +0.1% |
| 2017 | −9.8% | −19.4% | +21.7% | +32.7% | +3.6% |
| 2016 | +31.0% | −25.4% | +12.0% | +7.1% | +2.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
MLPB largest drawdowns
Now 6.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 9, 2017 | −71.9% | Mar 18, 2020 | Oct 28, 2022 | 3.1 years | 5.7 years |
| Oct 9, 2015 | −41.6% | Feb 11, 2016 | Feb 9, 2017 | 4 months | 1.3 years |
| Apr 2, 2025 | −16.5% | Apr 8, 2025 | Jan 16, 2026 | 6 days | 9 months |
| Feb 14, 2023 | −10.2% | Mar 23, 2023 | Jun 7, 2023 | 37 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MLPB risk statistics
| Statistic | 3 years | 5 years | Since 2015 |
|---|---|---|---|
| Annualized return | +18.5% | +21.1% | +8.4% |
| Volatility (annualized) | 16.6% | 19.0% | 32.9% |
| Sharpe ratio | 0.85 | 0.92 | 0.35 |
| Sortino ratio | 1.54 | 1.59 | 0.53 |
| Best month | +14.9% | +14.9% | +48.2% |
| Worst month | −8.3% | −14.3% | −46.4% |
| Best 12 months | +30.5% | +41.5% | +96.9% |
| Worst 12 months | +1.2% | +1.2% | −61.4% |
| Positive months | 61% | 63% | 58% |
| Beta vs S&P 500 | 0.43 | 0.57 | — |
| Correlation with S&P 500 | 0.32 | 0.47 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
MLPB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 108 | −61.4% | +16.4% | +96.9% | 75% |
| 3-year (a year) | 84 | −24.5% | +17.8% | +44.7% | 73% |
| 5-year (a year) | 60 | −3.7% | +10.1% | +38.2% | 93% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
MLPB performance overview
UBS AG London Branch ELKS 6 (MLPB) returned +27.7% over the past year and +8.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned +7.1% a year, turning $10,000 into about $21,427. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −71.9%, from Feb 9, 2017 to Mar 18, 2020, and it took 2.6 years to get back to the old high. MLPB finished 7 of its 10 full calendar years with a gain; the best year was 2021 (+39.4%) and the worst 2020 (−30.8%). Volatility has been 32.9% a year.
Related: MLPB chart, MLPB holdings, MLPB dividends, MLPB valuation. See the MLPB overview for the latest quote and fund facts.
MLPB performance FAQ
What is the MLPB return over the past year?
MLPB returned +27.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 20.1%.
What is the average annual return of MLPB?
MLPB has returned +19.5% a year over 5 years, +8.3% a year over 10 years, +7.1% a year since October 9, 2015 (total return, distributions reinvested).
How much would $10,000 invested in MLPB be worth?
$10,000 invested in MLPB at its first recorded close on October 9, 2015 would be worth about $21,427 on October 23, 2026 with distributions reinvested.
What was the worst year for MLPB?
The worst calendar year was 2020, with a total return of −30.8%. The best was 2021 at +39.4%.
What is the biggest drawdown of MLPB?
The largest peak-to-trough decline was −71.9% between February 9, 2017 and March 18, 2020. It recovered to the old high on October 28, 2022, 2.6 years after the bottom.
How volatile is MLPB?
Over the past 3 years MLPB had an annualized volatility of 16.6% and a Sharpe ratio of 0.85 (excess return over 1–3 month T-bills per unit of risk).