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MLPA vs PAVE

Global X MLP ETF vs Global X U.S. Infrastructure Development ETF

MLPA

Global X MLP ETF

Global X Funds

Annual cost

0.77%

Fund size

$2.2B

PAVE

Global X U.S. Infrastructure Development ETF

Global X Funds

Annual cost

0.47%

Fund size

$13.4B

Key differences

  • PAVE costs 0.30% less per year.
  • PAVE is significantly larger than MLPA — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, PAVE has delivered higher annualized returns.
  • MLPA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MLPAPAVE
Annual cost (TER)0.77%0.47%
Fund size (AUM)$2.2B$13.4B
Since20122017
Dividend yield6.94%0.77%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+17.1%+39.0%
CAGR 3Y+17.1%+27.3%
CAGR 5Y+16.8%+17.8%
Sharpe 3Y0.951.11
Volatility 1Y11.95%18.91%
Max drawdown-74.03%-44.08%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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