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PAVE vs MLPD

Global X U.S. Infrastructure Development ETF vs Global X MLP & Energy Infrastructure Covered Call ETF

PAVE

Global X U.S. Infrastructure Development ETF

Global X Funds

Annual cost

0.47%

Fund size

$13.4B

MLPD

Global X MLP & Energy Infrastructure Covered Call ETF

Global X Funds

Annual cost

0.60%

Fund size

$29M

Key differences

  • PAVE costs 0.13% less per year.
  • PAVE is significantly larger than MLPD — larger funds tend to be more liquid and less likely to close.
  • PAVE follows a index tracking strategy; MLPD uses option income.
  • PAVE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PAVEMLPD
Annual cost (TER)0.47%0.60%
Fund size (AUM)$13.4B$29M
Since20172024
Dividend yield0.77%10.61%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+39.0%+15.4%
CAGR 3Y+27.3%N/A
CAGR 5Y+17.8%N/A
Sharpe 3Y1.11N/A
Volatility 1Y18.91%7.34%
Max drawdown-44.08%-12.90%

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

Similar to PAVE and MLPD