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PIPE vs MLPD

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

PIPE

Invesco SteelPath MLP & Energy Infrastructure ETF

Invesco

Annual cost

0.75%

Fund size

$64M

MLPD

Global X MLP & Energy Infrastructure Covered Call ETF

Global X Funds

Annual cost

0.60%

Fund size

$29M

Key differences

  • MLPD costs 0.15% less per year.
  • PIPE covers global markets; MLPD covers north america.
  • PIPE follows a active selection strategy; MLPD uses option income.

Side-by-side comparison

PIPEMLPD
Annual cost (TER)0.75%0.60%
Fund size (AUM)$64M$29M
Since20252024
Dividend yield3.64%10.61%
Asset classequityequity
Regionglobalnorth america
Strategyactive selectionoption income
CAGR 1Y+31.4%+15.4%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y14.18%7.34%
Max drawdown-15.69%-12.90%

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

Similar to PIPE and MLPD