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MLPX vs PIPE

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

MLPX

Global X MLP & Energy Infrastructure ETF

Global X Funds

Annual cost

0.45%

Fund size

$3.5B

PIPE

Invesco SteelPath MLP & Energy Infrastructure ETF

Invesco

Annual cost

0.75%

Fund size

$64M

Key differences

  • MLPX costs 0.30% less per year.
  • MLPX is significantly larger than PIPE — larger funds tend to be more liquid and less likely to close.
  • MLPX covers north america markets; PIPE covers global.
  • MLPX follows a index tracking strategy; PIPE uses active selection.
  • MLPX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MLPXPIPE
Annual cost (TER)0.45%0.75%
Fund size (AUM)$3.5B$64M
Since20132025
Dividend yield3.96%3.64%
Asset classequityequity
Regionnorth americaglobal
Strategyindex trackingactive selection
CAGR 1Y+28.3%+31.4%
CAGR 3Y+30.0%N/A
CAGR 5Y+22.6%N/A
Sharpe 3Y1.42N/A
Volatility 1Y15.20%14.18%
Max drawdown-64.62%-15.69%

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

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