EHY vs. MLPX

Last updated Jul 17, 2026

EHY (Amplify Ethereum Max Income Covered Call ETF) and MLPX (Global X MLP & Energy Infrastructure ETF) are both exchange-traded funds - EHY is a Cryptocurrency fund actively managed by Amplify, while MLPX is a MLPs fund tracking the Solactive MLP & Energy Infrastructure Index. EHY is actively managed, while MLPX is passively managed. At a correlation of -0.05, they often move in opposite directions. EHY charges 0.75%/yr vs 0.45%/yr for MLPX.

Performance

EHY vs. MLPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Ethereum Max Income Covered Call ETF (EHY) and Global X MLP & Energy Infrastructure ETF (MLPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EHY achieves a -39.37% return, which is significantly lower than MLPX's 28.86% return.

EHY

• 1D: -2.71%
• 1M: -0.88%
• 6M: -43.62%
• YTD: -39.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MLPX

• 1D: 1.09%
• 1M: 5.41%
• 6M: 27.01%
• YTD: 28.86%
• 1Y: 31.01%
• 3Y*: 28.56%
• 5Y*: 23.50%
• 10Y*: 12.01%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EHY vs. MLPX - Yearly Performance Comparison

	2026 (YTD)	2025
EHY Amplify Ethereum Max Income Covered Call ETF	-39.37%	-25.56%
MLPX Global X MLP & Energy Infrastructure ETF	28.86%	-0.98%

Correlation

The correlation between EHY and MLPX is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	-0.05

Return for Risk

EHY vs. MLPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EHY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

MLPX

MLPX Risk / Return Rank: 75
MLPX Sharpe Ratio Rank: 78
MLPX Sortino Ratio Rank: 77
MLPX Omega Ratio Rank: 71
MLPX Calmar Ratio Rank: 86
MLPX Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EHY vs. MLPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Ethereum Max Income Covered Call ETF (EHY) and Global X MLP & Energy Infrastructure ETF (MLPX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EHY	MLPX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.98	—
Sortino ratio: Return per unit of downside risk	—	2.76	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	3.81	—
Martin ratio: Return relative to average drawdown	—	8.97	—

Drawdowns

EHY vs. MLPX - Drawdown Comparison

The maximum EHY drawdown since its inception was -61.70%, smaller than the maximum MLPX drawdown of -70.67%. Use the drawdown chart below to compare losses from any high point for EHY and MLPX.

Drawdown Indicators

	EHY	MLPX	Difference
Max Drawdown Largest peak-to-trough decline	-61.70%	-70.67%	+8.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.18%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.72%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-64.70%	—
Current Drawdown Current decline from peak	-54.96%	-1.66%	-53.30%
Average Drawdown Average peak-to-trough decline	-36.70%	-16.52%	-20.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.46%	—

Volatility

Volatility by Period

	EHY	MLPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.80%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	60.51%	15.74%	+44.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.51%	20.00%	+40.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.51%	26.15%	+34.36%

EHY vs. MLPX - Expense Ratio Comparison

EHY has a 0.75% expense ratio, which is higher than MLPX's 0.45% expense ratio.

Dividends

EHY vs. MLPX - Dividend Comparison

EHY's dividend yield for the trailing twelve months is around 55.03%, more than MLPX's 3.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EHY Amplify Ethereum Max Income Covered Call ETF	55.03%	8.87%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MLPX Global X MLP & Energy Infrastructure ETF	3.98%	4.88%	4.30%	5.22%	5.23%	5.98%	8.32%	5.78%	5.77%	4.36%	5.50%	4.81%

Frequently Asked Questions

Can I hold both EHY and MLPX in my portfolio?

EHY and MLPX have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EHY or MLPX?

On fees, MLPX is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EHY or MLPX?

MLPX is cheaper with a 0.45% expense ratio, compared with 0.75% for EHY.

Which ETF pays a higher dividend yield, EHY or MLPX?

EHY has the higher dividend yield at 55.03%, compared with 3.98% for MLPX.

What is the main difference between EHY and MLPX?

EHY is categorized as Cryptocurrency, while MLPX is MLPs. They also come from different issuers: Amplify and Global X. Their fees differ too: 0.75% for EHY and 0.45% for MLPX.