MLPs Global X MLP ETF MLPA – Up 14.6% ETRACS Alerian MLP Infrastructure Index ETN Series B MLPB – Up 14.4% Though oil prices declined massively in Q3 due to recessionary fears, MLP companies stood out. Global X MLP ETF (MLPA): ETF Research Reports The broader market posted a muted performance during this time frame mainly due to red-hot inflation, a super-hawkish Fed and the resultant rising rate worries.