MLPX — Global X MLP & Energy Infrastructure ETF
Energy Ranked #37 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-focused fund issued by Global X Funds with $3.40 billion in assets under management. It holds a B+ grade, ranking third among ten peers in its category and 37th out of 458 tracked ETFs overall. The fund charges an expense ratio of 0.45%, which exceeds the category median of 0.36%, while offering a dividend yield of 3.13% compared to the median 2.09%. Its portfolio is concentrated, with the top ten holdings representing 65.6% of assets and TC Energy Corporation serving as the largest single position at 9.2%.
MLPX has delivered a 1-year return of 30.52%, trailing the category median of 60.07%, though it shows stronger momentum over shorter horizons with a 1-month gain of 3.48%. The fund’s price of $74.55 sits at 81.6% of its 52-week range, indicating it is near the higher end of its recent trading band. Performance has accelerated significantly over the longer term, with a 3-year return of 104.31% contrasting with modest recent quarterly gains. The ETFValuer grade was upgraded from B to B+ on 2026-10-23, reflecting this positive trajectory despite the limited 3.0-year price history available.
The fund exhibits a beta of 0.30, suggesting it moves only 30% as much as the broader market, and has experienced a maximum drawdown of -16.77%. Annualized volatility stands at 17.03%, labeled as moderate, while the Sharpe ratio of 1.50 indicates efficient risk-adjusted returns. Liquidity is supported by an average daily volume of 359,254 shares, providing adequate trading activity for investors. These metrics collectively describe a fund that has historically offered lower market sensitivity and stable volatility relative to its returns.
AI-generated summary based on the data on this page.
MLPX Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | TC Energy Corporation | 9.23% | $327M |
| 2 | Enbridge Inc. | 8.99% | $318M |
| 3 | THE WILLIAMS COMPANIES, INC. | 8.54% | $303M |
| 4 | KINDER MORGAN, INC. | 7.42% | $263M |
| 5 | ONEOK, INC. | 6.57% | $233M |
| 6 | CHENIERE ENERGY, INC. | 6.35% | $225M |
| 7 | TARGA RESOURCES CORP. | 4.98% | $177M |
| 8 | PEMBINA PIPELINE CORPORATION | 4.55% | $161M |
| 9 | DT MIDSTREAM, INC. | 4.53% | $160M |
| 10 | ENERGY TRANSFER LP | 4.48% | $159M |
Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 65.6% 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 2 of the same companies as MLPX's top 10 (16.0% of MLPX's assets).
| ETF | Name | Shared Companies | MLPX Weight | Examples |
|---|---|---|---|---|
| IYE | iShares U.S. Energy ETF | 2 | 16.0% | THE WILLIAMS COMPANIES, INC., KINDER MORGAN, INC. |
| EWC | iShares MSCI Canada ETF | 1 | 9.0% | Enbridge Inc. |
| XLE | State Street Energy Select Sector SPDR ETF | 1 | 7.4% | KINDER MORGAN, INC. |
| FENY | Fidelity MSCI Energy Index ETF | 1 | 7.4% | KINDER MORGAN, INC. |
| IWS | iShares Russell Mid-Cap Value ETF | 1 | 7.4% | 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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — 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 3.13%. 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: Average daily volume is 359K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $3.40B 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 | +2.26% |
| 1-Week | +1.55% |
| 1-Month | +3.48% |
| 3-Month | +0.72% |
| 6-Month | +6.32% |
| YTD | +25.84% |
| 1-Year | +30.52% |
| 3-Year | +104.31% |
How MLPX Compares to Other Energy ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #17 | B+ |
XLE | State Street Energy Select Sector SPDR ETF | +62.43% | 0.08% | $39.1B |
| #30 | B+ |
VDE | Vanguard Energy Index Fund ETF Shares | +60.16% | 0.09% | $12.7B |
| #37 | B+ |
MLPX | Global X MLP & Energy Infrastructure ETF | +30.52% | 0.45% | $3.40B |
| #57 | B |
FENY | Fidelity MSCI Energy Index ETF | +60.37% | 0.084% | $2.09B |
| #86 | B |
IYE | iShares U.S. Energy ETF | +59.98% | 0.37% | $1.63B |
| #104 | B |
AMLP | Alerian MLP ETF | +23.41% | 1.01% | $12.6B |
| #170 | C |
IEO | iShares U.S. Oil & Gas Exploration & Production ETF | +74.55% | 0.37% | $732M |
| #177 | C |
XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | +64.77% | 0.35% | $3.62B |
| #216 | C |
OIH | VanEck Oil Services ETF | +52.34% | 0.35% | $1.81B |
| #415 | D |
ICLN | iShares Global Clean Energy ETF | +0.42% | 0.38% | $2.23B |