Global X MLP & Energy Infrastructure Covered Call ETF (MLPD)

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Global X MLP & Energy Infrastructure Covered Call ETF (MLPD) is up 5.4% since the beginning of the year. MLPD is currently trading at $25 per share.

Global X MLP & Energy Infrastructure Covered Call ETF (MLPD) has returned 5.38% so far this year and 15.27% over the past 12 months.

Based on dividend-adjusted daily data since May 8, 2024, MLPD's average daily return is +0.05%, while the average monthly return is +1.00%. At this rate, an investment would double in approximately 5.8 years.

Historically, 81% of months were positive and 19% were negative. The best month was Nov 2025 with a return of +4.0%, while the worst month was Oct 2025 at -3.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 2 months.

On a daily basis, MLPD closed higher 61% of trading days. The best single day was Apr 9, 2025 with a return of +5.1%, while the worst single day was Apr 4, 2025 at -7.4%.

Global X MLP & Energy Infrastructure Covered Call ETF has an annualized alpha of 5.84%, beta of 0.39, and R2 of 0.31 versus S&P 500 Index. Calculated based on daily prices since May 09, 2024.

• This ETF captured 29.44% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -38.40%) - a profile typical of hedging or uncorrelated assets.
• Beta of 0.39 may look defensive, but with R2 of 0.31 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.31 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.

MLPD has an expense ratio of 0.60%, placing it in the medium range.

MLPD ranks 70 for risk / return — better than 70% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Global X MLP & Energy Infrastructure Covered Call ETF (MLPD) and compare them to S&P 500 Index.

Global X MLP & Energy Infrastructure Covered Call ETF provided a 13.42% dividend yield over the last twelve months, with an annual payout of $3.37 per share.

The table displays the monthly dividend distributions for Global X MLP & Energy Infrastructure Covered Call ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Global X MLP & Energy Infrastructure Covered Call ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X MLP & Energy Infrastructure Covered Call ETF was 12.90%, occurring on Apr 8, 2025. Recovery took 38 trading sessions.

The current Global X MLP & Energy Infrastructure Covered Call ETF drawdown is 1.61%.

The chart below shows the rolling one-month volatility.