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MLPA vs PIPE

Global X MLP ETF vs Invesco SteelPath MLP & Energy Infrastructure ETF

MLPA

Global X MLP ETF

Global X Funds

Annual cost

0.77%

Fund size

$2.2B

PIPE

Invesco SteelPath MLP & Energy Infrastructure ETF

Invesco

Annual cost

0.75%

Fund size

$64M

Key differences

  • MLPA is significantly larger than PIPE — larger funds tend to be more liquid and less likely to close.
  • MLPA covers north america markets; PIPE covers global.
  • MLPA follows a index tracking strategy; PIPE uses active selection.
  • MLPA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MLPAPIPE
Annual cost (TER)0.77%0.75%
Fund size (AUM)$2.2B$64M
Since20122025
Dividend yield6.94%3.64%
Asset classequityequity
Regionnorth americaglobal
Strategyindex trackingactive selection
CAGR 1Y+17.1%+31.4%
CAGR 3Y+17.1%N/A
CAGR 5Y+16.8%N/A
Sharpe 3Y0.95N/A
Volatility 1Y11.95%14.18%
Max drawdown-74.03%-15.69%

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

Similar to MLPA and PIPE