MLPA - ETF AI Analysis
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Global X MLP ETF (MLPA)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Top Holdings Performance
Most of the largest MLP positions have shown strong gains this year, helping support the ETF’s overall results.
Focused Energy Exposure
The fund’s heavy tilt toward energy infrastructure gives investors targeted access to a segment that has recently been performing well.
Meaningful Asset Base
The ETF manages a sizable pool of assets, which can help support liquidity and trading for everyday investors.
Negative Factors
High Sector Concentration
With almost all assets in the energy sector, the fund is heavily exposed to swings in energy prices and industry-specific risks.
Top Holdings Dominance
A small group of MLPs makes up a large share of the portfolio, increasing the impact if any of these companies run into trouble.
Relatively High Expense Ratio
The fund charges a higher fee than many broad-market ETFs, which can eat into long-term returns.
MLPA vs. SPDR S&P 500 ETF (SPY)
AUM2.15B
RegionNorth America
Expense Ratio0.77%
Beta0.27
IssuerGlobal X
Inception DateApr 18, 2012
Dividend Yield6.93%
Asset ClassEquity
Index TrackedSolactive MLP Infrastructure Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume163,767
30 Day Avg. Volume272,313
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
57.79Price 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) is an energy-focused fund that follows the Solactive MLP Infrastructure Index. It mainly holds U.S. energy pipeline and infrastructure partnerships, which earn money by transporting, storing, and processing oil and gas. Well-known holdings include Energy Transfer and Enterprise Products Partners. Investors might consider MLPA if they want potential income from high dividend payouts and diversification into energy infrastructure rather than traditional oil producers. However, this ETF is heavily tied to the energy sector, so its price and income can go up and down with energy prices and industry conditions.
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 essentially a pure play on U.S. energy infrastructure, with the fund’s fate tied closely to a handful of big midstream MLPs. Energy Transfer and Enterprise Products Partners are the steady engines here, posting generally rising results over the past few months and helping keep the fund on track. Plains All American and Sunoco add extra lift with stronger recent momentum, while MPLX and Western Midstream have been more mixed, occasionally losing steam and tempering gains. With heavy concentration in a few pipeline and storage names, sector and stock-specific moves matter a lot.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Enterprise Products Partners | 13.42% | $309.80M | $82.15B | 21.84% | 73 Outperform | |
| Energy Transfer | 13.39% | $309.14M | $65.64B | 10.24% | 70 Outperform | |
| MPLX | 10.87% | $250.96M | $56.18B | 4.16% | 81 Outperform | |
| Western Midstream Partners | 9.92% | $229.09M | $16.16B | 5.83% | 80 Outperform | |
| Plains All American | 9.90% | $228.61M | $15.18B | 19.50% | 79 Outperform | |
| Sunoco | 9.09% | $209.85M | $13.50B | 12.38% | 72 Outperform | |
| Hess Midstream Partners | 8.45% | $195.04M | $7.76B | -4.83% | 77 Outperform | |
| Cheniere Energy Partners | 6.37% | $147.13M | $30.40B | 3.84% | 61 Neutral | |
| USA Compression | 5.17% | $119.27M | $3.99B | 6.48% | 70 Outperform | |
| Genesis Energy | 4.49% | $103.62M | $2.05B | 18.40% | 49 Neutral |
MLPA Technical Analysis
Positive
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Price Trends
53.81
Positive
51.51
Positive
49.29
Positive
Market Momentum
0.19
Negative
69.12
Neutral
99.07
Negative
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 53.55, equal to the 50-day MA of 53.81, and equal to the 200-day MA of 49.29, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 69.12 is Neutral, neither overbought nor oversold. The STOCH value of 99.07 is Negative, 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
55.52
9.46
20.54%
VDE
Vanguard Energy ETF
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XOP
SPDR S&P Oil & Gas Exploration & Production ETF
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MLPX
Global X MLP & Energy Infrastructure ETF
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FENY
Fidelity MSCI Energy Index ETF
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IYE
iShares U.S. Energy ETF
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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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