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MLPX - ETF AI Analysis
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Global X MLP & Energy Infrastructure ETF (MLPX)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Williams Co and TC Energy, have delivered strong year-to-date performance, supporting the fund’s overall returns.
Energy Sector Focus
The ETF’s heavy exposure to the energy sector benefits from stable demand and growth in infrastructure investments.
Reasonable Expense Ratio
The fund’s expense ratio of 0.45% is competitive for its category, helping investors retain more of their returns.
Negative Factors
Sector Concentration Risk
With nearly 98% of its portfolio in the energy sector, the fund is highly vulnerable to downturns in this industry.
Weak Recent Performance
The ETF has experienced negative returns over the past month, three months, and year-to-date, which may concern investors seeking growth.
Limited Geographic Diversification
The fund is heavily concentrated in North America, with over 88% exposure to U.S. companies, limiting global diversification.
MLPX vs. SPDR S&P 500 ETF (SPY)
AUM2.58B
RegionNorth America
Expense Ratio0.45%
Beta0.49
IssuerGlobal X
Inception DateAug 06, 2013
Dividend Yield4.85%
Asset ClassEquity
Index TrackedStuttgart Solactive MLP & Energy Infrastructure
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume315,140
30 Day Avg. Volume361,188
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
71.11Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering27
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MLPX Summary
The Global X MLP & Energy Infrastructure ETF (MLPX) is an investment fund that focuses on companies in the energy sector, particularly those involved in pipelines and storage facilities that transport natural resources across North America. It follows the Stuttgart Solactive MLP & Energy Infrastructure Index and includes well-known companies like Williams Co and TC Energy. Investors might consider MLPX for its potential to provide steady income through dividends and exposure to the growing energy infrastructure industry. However, new investors should be aware that the ETF’s performance is closely tied to the energy sector, which can be impacted by fluctuating oil and gas prices.
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
The Global X MLP & Energy Infrastructure ETF (MLPX) leans heavily into the energy sector, with pipeline operators like TC Energy and Enbridge providing steady support thanks to strong financials and growth projects. DT Midstream and MPLX are rising stars, buoyed by robust earnings and bullish momentum. However, Kinder Morgan and Cheniere Energy are lagging, weighed down by bearish trends and operational challenges. With nearly all holdings rooted in North America, this fund is a concentrated bet on energy infrastructure, offering income-focused investors a chance to tap into the backbone of the U.S. energy supply chain.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| TC Energy | 8.92% | $230.91M | C$78.33B | 18.90% | 70 Outperform | |
| Williams Co | 8.91% | $230.57M | $72.96B | 10.21% | 76 Outperform | |
| Enbridge | 8.76% | $226.58M | $103.63B | 14.81% | 69 Neutral | |
| Kinder Morgan | 7.85% | $203.18M | $59.47B | 0.60% | 68 Neutral | |
| Oneok | 6.80% | $175.96M | $46.31B | -29.19% | 82 Outperform | |
| Cheniere Energy | 6.13% | $158.74M | $40.76B | -10.31% | 71 Outperform | |
| Targa Resources | 4.79% | $124.06M | $39.32B | -0.59% | 74 Outperform | |
| DT Midstream | 4.74% | $122.73M | $12.30B | 20.88% | 78 Outperform | |
| MPLX | 4.69% | $121.33M | $55.79B | 15.09% | 81 Outperform | |
| Pembina Pipeline | 4.62% | $119.55M | C$31.41B | 3.13% | 70 Outperform |
MLPX Technical Analysis
Positive
―
Price Trends
59.38
Positive
59.85
Positive
59.62
Positive
Market Momentum
0.32
Positive
52.26
Neutral
22.43
Neutral
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 60.29, equal to the 50-day MA of 59.38, and equal to the 200-day MA of 59.62, indicating a bullish trend. The MACD of 0.32 indicates Positive momentum. The RSI at 52.26 is Neutral, neither overbought nor oversold. The STOCH value of 22.43 is Neutral, 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
60.31
3.23
5.66%
VDE
Vanguard Energy ETF
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―
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XOP
SPDR S&P Oil & Gas Exploration & Production ETF
―
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MLPA
Global X MLP ETF
―
―
―
FENY
Fidelity MSCI Energy Index ETF
―
―
―
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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