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MLPD vs MLPA

Global X MLP & Energy Infrastructure Covered Call ETF vs Global X MLP ETF

MLPD

Global X MLP & Energy Infrastructure Covered Call ETF

Global X Funds

Annual cost

0.60%

Fund size

$29M

MLPA

Global X MLP ETF

Global X Funds

Annual cost

0.77%

Fund size

$2.2B

Key differences

  • MLPD costs 0.17% less per year.
  • MLPA is significantly larger than MLPD — larger funds tend to be more liquid and less likely to close.
  • MLPD follows a option income strategy; MLPA uses index tracking.
  • MLPA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MLPDMLPA
Annual cost (TER)0.60%0.77%
Fund size (AUM)$29M$2.2B
Since20242012
Dividend yield10.61%6.94%
Asset classequityequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+15.4%+17.1%
CAGR 3YN/A+17.1%
CAGR 5YN/A+16.8%
Sharpe 3YN/A0.95
Volatility 1Y7.34%11.95%
Max drawdown-12.90%-74.03%

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

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