MLPX — Global X MLP & Energy Infrastructure ETF
Energy Ranked #23 of 458 tracked ETFs · Issued by Global X Funds
MLPX Price Performance — Growth of $10,000
Value of a $10,000 investment in MLPX over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
MLPX Drawdown
The "underwater" chart: MLPX's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in MLPX?
See what a lump sum in MLPX would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The Global X MLP & Energy Infrastructure ETF (MLPX) is an Energy sector fund issued by Global X Funds with $3.48 billion in assets under management. It currently holds an overall rank of #23 out of 458 tracked ETFs across all categories, earning an ETFValuer grade of B+ with a score of 78.3/100. The fund charges an expense ratio of 0.45% and offers a dividend yield of 4.13%. Trading at a price of $77.14, the substantial asset base suggests significant investor adoption within the Energy category, which contains 10 ETFs tracked by ETFValuer. This ranking places the fund well above the median of the broader universe of tracked funds. The combination of a moderate expense ratio and a high dividend yield defines its current income and cost profile for investors.
Short-term returns show a mixed pattern with a -0.54% decline over one day followed by a +1.02% gain over one week. Momentum accelerated significantly over the longer horizons, posting a +5.35% return in one month and +9.13% over three months. The upward trend continued with a +24.31% gain over six months and a +28.86% year-to-date return. Annual performance reached +33.65% over the last year, while the three-year return stands at an impressive +106.98%. This trajectory indicates a strong deceleration in short-term volatility relative to the sustained growth observed over the one-year and three-year periods.
The fund carries a Moderate volatility label and a Beta of 0.27, indicating that its price movements are less sensitive to broader market fluctuations. A Sharpe ratio of 1.85 suggests the fund has generated substantial excess returns relative to the risk taken during the measured period. Despite the high returns, the maximum drawdown recorded was -16.77%, representing the largest peak-to-trough decline experienced. This combination of low beta and high Sharpe ratio implies the fund has provided efficient returns with limited downside exposure compared to the broader market. The moderate volatility classification aligns with the observed drawdown level, suggesting a balanced risk profile for the Energy sector.
AI-generated summary based on the data on this page.
MLPX Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | THE WILLIAMS COMPANIES, INC. | 9.39% | $304M |
| 2 | TC Energy Corporation | 8.86% | $287M |
| 3 | Enbridge Inc. | 8.25% | $267M |
| 4 | KINDER MORGAN, INC. | 8.24% | $267M |
| 5 | ONEOK, INC. | 6.45% | $209M |
| 6 | CHENIERE ENERGY, INC. | 6.44% | $208M |
| 7 | TARGA RESOURCES CORP. | 5.20% | $168M |
| 8 | DT MIDSTREAM, INC. | 4.59% | $148M |
| 9 | PEMBINA PIPELINE CORPORATION | 4.36% | $141M |
| 10 | ENTERPRISE PRODUCTS PARTNERS L.P. | 4.26% | $138M |
Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 66.0% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how MLPX's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With MLPX
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with MLPX's top 10 — IYE overlaps most, holding 1 of the same companies as MLPX's top 10 (9.4% of MLPX's assets).
| ETF | Name | Shared Companies | MLPX Weight | Examples |
|---|---|---|---|---|
| IYE | iShares U.S. Energy ETF | 1 | 9.4% | THE WILLIAMS COMPANIES, INC. |
| EWC | iShares MSCI Canada ETF | 1 | 8.2% | Enbridge Inc. |
| XLE | State Street Energy Select Sector SPDR ETF | 1 | 8.2% | KINDER MORGAN, INC. |
| VDE | Vanguard Energy Index Fund ETF Shares | 1 | 8.2% | KINDER MORGAN, INC. |
| IWS | iShares Russell Mid-Cap Value ETF | 1 | 8.2% | KINDER MORGAN, INC. |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What MLPX's Fees Cost You
MLPX charges an expense ratio of 0.45% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
MLPX Dividend Income Estimator
MLPX currently yields 4.13%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
MLPX Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 1.45% and average daily volume is 417K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $3.48B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: MLPX is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
MLPX Performance History
| Period | Return |
|---|---|
| 1-Day | -0.54% |
| 1-Week | +1.02% |
| 1-Month | +5.35% |
| 3-Month | +9.13% |
| 6-Month | +24.31% |
| YTD | +28.86% |
| 1-Year | +33.65% |
| 3-Year | +106.98% |
How MLPX Compares to Other Energy ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #23 | B+ |
MLPX | Global X MLP & Energy Infrastructure ETF | +33.65% | 0.45% | $3.48B |
| #26 | B+ |
XLE | State Street Energy Select Sector SPDR ETF | +41.64% | 0.08% | $35.7B |
| #46 | B+ |
VDE | Vanguard Energy Index Fund ETF Shares | +42.00% | 0.09% | $11.1B |
| #73 | B |
FENY | Fidelity MSCI Energy Index ETF | +42.03% | 0.084% | $1.75B |
| #96 | B |
AMLP | Alerian MLP ETF | +22.45% | 1.01% | $12.2B |
| #116 | B |
IYE | iShares U.S. Energy ETF | +41.04% | 0.38% | $1.53B |
| #203 | C |
OIH | VanEck Oil Services ETF | +58.80% | 0.35% | $1.99B |
| #226 | C |
IEO | iShares U.S. Oil & Gas Exploration & Production ETF | +41.17% | 0.38% | $516M |
| #232 | C |
XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | +38.64% | 0.35% | $2.91B |
| #377 | C |
ICLN | iShares Global Clean Energy ETF | +28.88% | 0.39% | $2.91B |