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MLPX - ETF AI Analysis
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Global X MLP & Energy Infrastructure ETF (MLPX)
Rating:71Outperform
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Strong Core Holdings
Several of the largest positions, such as Cheniere Energy and Energy Transfer, have delivered strong year-to-date results that support the fund’s overall performance.
Meaningful Asset Base
The fund manages a sizable pool of assets, which can help with trading liquidity and suggests ongoing investor interest.
Negative Factors
Heavy Energy Sector Concentration
With almost all assets in the energy sector, the ETF is highly sensitive to swings in energy prices and industry-specific news.
Top Holdings Are Tightly Concentrated
A small group of companies makes up a large share of the portfolio, increasing the impact if any one of them runs into trouble.
Mixed Performance Among Key Positions
Some major holdings like TC Energy and Enbridge have shown weak year-to-date performance, which can drag on the fund’s returns.
MLPX vs. SPDR S&P 500 ETF (SPY)
AUM2.98B
RegionNorth America
Expense Ratio0.45%
Beta0.49
IssuerGlobal X
Inception DateAug 06, 2013
Dividend Yield4.41%
Asset ClassEquity
Index TrackedStuttgart Solactive MLP & Energy Infrastructure
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume270,873
30 Day Avg. Volume343,861
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
68.93Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering27
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MLPX Summary
MLPX is an ETF that follows the Stuttgart Solactive MLP & Energy Infrastructure index, focusing on companies that own and operate energy pipelines and storage facilities in North America. It mainly holds energy infrastructure firms like Kinder Morgan and Enbridge, which move oil and natural gas rather than drill for it. Investors might consider MLPX for diversification within the energy sector and the potential for steady income from dividends paid by these businesses. A key risk is that it is heavily tied to the energy sector, so its value can rise or fall sharply with energy prices and industry conditions.
How much will it cost me?The Global X MLP & Energy Infrastructure ETF (MLPX) 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 average for passively managed ETFs because it focuses on a specialized niche within the energy sector, which may require more targeted management.
What would affect this ETF?MLPX could benefit from increasing energy demand and infrastructure development in North America, as well as the tax-advantaged structure of MLPs, which supports income generation for investors. However, the ETF may face challenges from fluctuating energy prices, regulatory changes in the energy sector, or economic slowdowns that could impact infrastructure projects and energy consumption.
MLPX Top 10 Holdings
MLPX is very much a North American pipeline story, with big positions in names like Williams, Kinder Morgan, and Oneok helping to pull the fund higher as their results and dividends keep attracting investors. Energy Transfer and MPLX add more fuel to the upside, riding steady demand for energy infrastructure. On the softer side, Enbridge and TC Energy have been more mixed, with leverage and slower growth acting like a bit of a brake. Overall, this is a tightly focused energy infrastructure play, not a broad, multi-sector bet.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Williams Co | 9.30% | $278.07M | $86.87B | 24.83% | 76 Outperform | |
| TC Energy | 8.72% | $260.73M | C$86.98B | 33.71% | 70 Outperform | |
| Enbridge | 8.32% | $248.88M | $113.14B | 20.36% | 69 Neutral | |
| Kinder Morgan | 8.10% | $242.22M | $70.50B | 19.36% | 68 Neutral | |
| Oneok | 6.88% | $205.74M | $53.23B | -13.54% | 82 Outperform | |
| Cheniere Energy | 6.23% | $186.41M | $46.85B | 1.95% | 71 Outperform | |
| Targa Resources | 5.09% | $152.33M | $46.85B | 6.28% | 74 Outperform | |
| DT Midstream | 4.53% | $135.35M | $13.37B | 31.30% | 78 Outperform | |
| Pembina Pipeline | 4.51% | $134.97M | $25.33B | 20.30% | 70 Outperform | |
| Enterprise Products Partners | 4.35% | $130.03M | $76.62B | 5.92% | 73 Outperform |
MLPX Technical Analysis
Positive
―
Price Trends
61.74
Positive
60.28
Positive
59.67
Positive
Market Momentum
2.05
Negative
83.45
Negative
91.50
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MLPX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 64.87, equal to the 50-day MA of 61.74, and equal to the 200-day MA of 59.67, indicating a bullish trend. The MACD of 2.05 indicates Negative momentum. The RSI at 83.45 is Negative, neither overbought nor oversold. The STOCH value of 91.50 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MLPX.
MLPX Peer Comparison
Comparison Results
Performance Comparison
MLPX
Global X MLP & Energy Infrastructure ETF
69.73
9.54
15.85%
VDE
Vanguard Energy ETF
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XOP
SPDR S&P Oil & Gas Exploration & Production ETF
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MLPA
Global X MLP 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.
Disclaimer
This 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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