MLPX - ETF AI Analysis
Top Page
Global X MLP & Energy Infrastructure ETF (MLPX)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, showing positive momentum for investors.
Leading Energy Infrastructure Holdings
Many of the largest positions, such as major pipeline and energy infrastructure companies, have shown strong or steady performance, helping support the fund’s returns.
Large and Established Fund
The ETF manages a sizable pool of assets, which can help with trading liquidity and signal ongoing investor interest in the strategy.
Negative Factors
Heavy Energy Sector Concentration
With almost all assets in the energy sector, the fund is highly sensitive to swings in energy prices and industry-specific risks.
Limited Industry and Geographic Diversification
Exposure is focused mainly on North American energy infrastructure, offering little protection if this region or industry faces a downturn.
Moderate Expense Ratio
The fund’s fees are not especially low for an ETF, which slightly reduces the net return investors keep over time.
MLPX vs. SPDR S&P 500 ETF (SPY)
AUM3.39B
RegionNorth America
Expense Ratio0.45%
Beta0.36
IssuerGlobal X
Inception DateAug 06, 2013
Dividend Yield3.96%
Asset ClassEquity
Index TrackedStuttgart Solactive MLP & Energy Infrastructure
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume625,105
30 Day Avg. Volume450,780
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
80.09Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering28
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MLPX Summary
MLPX is the Global X MLP & Energy Infrastructure ETF, which follows the Stuttgart Solactive MLP & Energy Infrastructure index. It invests mainly in North American energy pipeline and storage companies, including well-known names like Enbridge and Kinder Morgan. These businesses move oil and gas, so the fund can offer income from dividends plus potential long-term growth as energy demand and infrastructure needs rise. However, because it is heavily focused on the energy sector, its value can go up or down 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 firmly hitched to North American energy infrastructure, with big pipeline names like Enbridge, Williams, and TC Energy steering the ship. Recently, these giants have been more steady than exciting, with short-term softness but decent momentum over the past few months. Kinder Morgan and Oneok are in a similar boat, offering income and gradual gains rather than fireworks. The real spark comes from Cheniere Energy and Targa Resources, which have been rising and adding some punch to returns. Overall, this is a concentrated energy toll-road play, not a broad global mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Enbridge | 8.82% | $295.58M | $116.58B | 12.46% | 69 Neutral | |
| Williams Co | 8.70% | $291.72M | $88.27B | 20.03% | 76 Outperform | |
| TC Energy | 8.66% | $290.39M | C$88.28B | 23.20% | 70 Outperform | |
| Kinder Morgan | 7.63% | $255.94M | $70.62B | 14.33% | 68 Neutral | |
| Cheniere Energy | 7.31% | $245.19M | $54.02B | 9.18% | 71 Outperform | |
| Oneok | 6.90% | $231.26M | $55.13B | -0.14% | 82 Outperform | |
| Targa Resources | 4.71% | $158.04M | $51.70B | 34.61% | 74 Outperform | |
| Enterprise Products Partners | 4.59% | $153.77M | $82.15B | 21.84% | 73 Outperform | |
| Energy Transfer | 4.47% | $149.76M | $65.64B | 10.24% | 70 Outperform | |
| DT Midstream | 4.38% | $146.81M | $13.74B | 36.72% | 78 Outperform |
MLPX Technical Analysis
Positive
―
Price Trends
72.37
Positive
67.23
Positive
63.13
Positive
Market Momentum
0.29
Negative
71.51
Negative
97.70
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 72.16, equal to the 50-day MA of 72.37, and equal to the 200-day MA of 63.13, indicating a bullish trend. The MACD of 0.29 indicates Negative momentum. The RSI at 71.51 is Negative, neither overbought nor oversold. The STOCH value of 97.70 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
75.88
18.36
31.92%
VDE
Vanguard Energy ETF
―
―
―
XOP
SPDR S&P Oil & Gas Exploration & Production ETF
―
―
―
MLPA
Global X MLP 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: ―
Table of Contents