MLPA - ETF AI Analysis
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Global X MLP ETF (MLPA)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered strong gains so far this year and in recent months, indicating solid recent momentum.
Top Holdings Performing Well
Most of the largest positions, especially key midstream energy names, have shown strong year-to-date performance, helping drive the fund’s returns.
Meaningful Fund Size
The ETF manages a sizable pool of assets, which can support better liquidity and trading for everyday investors.
Negative Factors
High Sector Concentration
Nearly all of the portfolio is invested in the energy sector, so the fund is heavily exposed to swings in energy markets.
Single-Country Focus
The ETF invests only in U.S. companies, offering no geographic diversification outside the United States.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees.
MLPA vs. SPDR S&P 500 ETF (SPY)
AUM2.27B
RegionNorth America
Expense Ratio0.77%
Beta0.22
IssuerGlobal X
Inception DateApr 18, 2012
Dividend Yield7.04%
Asset ClassEquity
Index TrackedSolactive MLP Infrastructure Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume158,221
30 Day Avg. Volume201,145
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
58.80Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering19
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MLPA Summary
The Global X MLP ETF (MLPA) invests in energy infrastructure companies called Master Limited Partnerships and aims to follow the Solactive MLP Infrastructure Index. These businesses make money by transporting, storing, and processing oil and gas, rather than exploring for it. Well-known holdings include Energy Transfer and Enterprise Products Partners. Someone might invest in MLPA for potential steady income and diversification within the energy sector. However, this fund is heavily focused on energy, so its price and payouts can go up and down with changes in energy prices and the broader market.
How much will it cost me?The Global X MLP ETF (MLPA) has an expense ratio of 0.45%, meaning you’ll pay $4.50 per year for every $1,000 invested. This is slightly higher than the average for passively managed ETFs because it focuses on a niche area of the energy sector, which requires specialized management. However, it may appeal to investors seeking targeted exposure to energy infrastructure and income-generating MLPs.
What would affect this ETF?The Global X MLP ETF (MLPA) could benefit from rising energy demand and infrastructure investments in the U.S., as its holdings focus on transporting and processing energy commodities. However, it may face challenges from fluctuating energy prices, regulatory changes affecting MLPs, or economic slowdowns that reduce energy consumption. Its strong focus on North American energy infrastructure makes it sensitive to regional economic and policy shifts.
MLPA Top 10 Holdings
MLPA is heavily anchored in U.S. energy infrastructure, with a tight cluster of midstream MLPs doing most of the heavy lifting. Energy Transfer and Enterprise Products Partners are steady workhorses, rising but not sprinting, while Plains All American and Western Midstream have been the real engines lately, pushing the fund forward with stronger momentum. Sunoco has also been firing on all cylinders, adding extra thrust. On the flip side, Genesis Energy has been lagging and occasionally pulling on the brakes, but its smaller weight keeps it from derailing this energy-focused ride.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Energy Transfer | 13.45% | $335.05M | $69.51B | 11.91% | 70 Outperform | |
| Enterprise Products Partners | 11.96% | $297.89M | $83.58B | 22.92% | 73 Outperform | |
| MPLX | 11.58% | $288.39M | $60.07B | 10.98% | 81 Outperform | |
| Plains All American | 11.22% | $279.56M | $17.24B | 33.17% | 79 Outperform | |
| Western Midstream Partners | 10.25% | $255.37M | $19.97B | 16.05% | 80 Outperform | |
| Sunoco | 9.29% | $231.27M | $15.67B | 39.70% | 72 Outperform | |
| Hess Midstream Partners | 8.57% | $213.35M | $8.24B | -5.22% | 77 Outperform | |
| Cheniere Energy Partners | 6.12% | $152.51M | $31.02B | 9.58% | 61 Neutral | |
| USA Compression | 4.87% | $121.17M | $3.75B | 5.69% | 70 Outperform | |
| Genesis Energy | 3.82% | $95.13M | $1.81B | -10.62% | 49 Neutral |
MLPA Technical Analysis
Positive
―
Price Trends
54.29
Positive
53.73
Positive
50.76
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MLPA, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 55.04, equal to the 50-day MA of 54.29, and equal to the 200-day MA of 50.76, indicating a bullish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MLPA.
MLPA Peer Comparison
Comparison Results
Performance Comparison
MLPA
Global X MLP ETF
56.27
9.34
19.90%
VDE
Vanguard Energy ETF
―
―
―
MLPX
Global X MLP & Energy Infrastructure ETF
―
―
―
XOP
SPDR S&P Oil & Gas Exploration & Production ETF
―
―
―
FENY
Fidelity MSCI Energy Index ETF
―
―
―
IYE
iShares U.S. Energy ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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