| Indices | NPC MLI | FC MLI | CHB MLI | Symmetric | Asymmetric |
| Quantitative | N sw | 2(Nlel − 1) | 2(Nlel − 1) | 2(Nlel − 1) | | N so | 1 | 1 | (Nlel − 1)/2 | | N dc | (Nlel − 1) | (Nlel − 1) | 0 | 0 | N cd | (Nlel − 1) (Nlel − 2) | 0 | 0 | 0 | N cc | 0 | (Nlel − 1) (Nlel − 2)/2 | 0 | 0 | V block | 2(Nlel − 1)V | 2(Nlel − 1)V | 2(Nlel − 1)V | V |
| Qualitative | Complexity | Low | High | Medium | High | Redundancy | Line | Phase and line | Phase | None | Modularity | Yes | Yes | Yes | None | Structure | Bulky | Bulky | Light | Light | Source/switch utilization | Poor | Good | Good | Poor | Fault tolerance | Medium | High | High | Low | Cost | Low | High | Medium | Medium |
| Features | Switches are exposed to less voltage stress than, a single DC source | Fault-tolerant, modularity, single dc source, and natural charge balancing | Fewer components needed, fault-tolerant, modular, reliable, symmetric, and asymmetric structure |
| Limitations | Uneven blocking voltage across diodes | More switching losses, high clamping capacitors needed, and unbalanced voltage between clamping capacitors | Required more isolated dc supplies, lack of modularity due to asymmetry, and increases the components requirement |
| Applications | FACTS, DSTATCOM, UPFC, active filter, and low switching frequency applications | High switching frequency and high-velocity MV drive applications | HEVs, EVs, stand-alone PV systems, active filter, grid integrated PV, and WECS |
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