ENFR vs. MLPX
Compare and contrast key facts about Alerian Energy Infrastructure ETF (ENFR) and Global X MLP & Energy Infrastructure ETF (MLPX).
ENFR and MLPX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ENFR is a passively managed fund by SS&C that tracks the performance of the Alerian Midstream Energy Select Index. It was launched on Nov 1, 2013. MLPX is a passively managed fund by Global X that tracks the performance of the Solactive MLP & Energy Infrastructure Index. It was launched on Aug 7, 2013. Both ENFR and MLPX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
ENFR vs. MLPX - Performance Comparison
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ENFR vs. MLPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 22.85% | 5.88% | 42.17% | 15.63% | 17.48% | 39.97% | -24.14% | 21.60% | -18.67% | -0.19% |
MLPX Global X MLP & Energy Infrastructure ETF | 23.52% | 4.96% | 42.90% | 15.77% | 21.54% | 39.63% | -20.32% | 19.04% | -15.64% | -4.53% |
Returns By Period
The year-to-date returns for both investments are quite close, with ENFR having a 22.85% return and MLPX slightly higher at 23.52%. Over the past 10 years, ENFR has underperformed MLPX with an annualized return of 13.64%, while MLPX has yielded a comparatively higher 14.53% annualized return.
ENFR
- 1D
- -1.39%
- 1M
- 4.03%
- YTD
- 22.85%
- 6M
- 20.70%
- 1Y
- 22.29%
- 3Y*
- 28.68%
- 5Y*
- 23.59%
- 10Y*
- 13.64%
MLPX
- 1D
- -0.98%
- 1M
- 3.80%
- YTD
- 23.52%
- 6M
- 20.89%
- 1Y
- 21.69%
- 3Y*
- 29.25%
- 5Y*
- 24.62%
- 10Y*
- 14.53%
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ENFR vs. MLPX - Expense Ratio Comparison
ENFR has a 0.35% expense ratio, which is lower than MLPX's 0.45% expense ratio.
Return for Risk
ENFR vs. MLPX — Risk / Return Rank
ENFR
MLPX
ENFR vs. MLPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alerian Energy Infrastructure ETF (ENFR) 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.
| ENFR | MLPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.25 | 1.15 | +0.10 |
Sortino ratioReturn per unit of downside risk | 1.63 | 1.51 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.23 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 1.44 | +0.05 |
Martin ratioReturn relative to average drawdown | 4.94 | 4.48 | +0.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ENFR | MLPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 1.15 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.24 | 1.24 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.55 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.36 | -0.01 |
Correlation
The correlation between ENFR and MLPX is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
ENFR vs. MLPX - Dividend Comparison
ENFR's dividend yield for the trailing twelve months is around 4.02%, which matches MLPX's 4.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 4.02% | 4.77% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% |
MLPX Global X MLP & Energy Infrastructure ETF | 4.06% | 4.88% | 4.30% | 5.22% | 5.23% | 5.98% | 8.32% | 5.78% | 5.77% | 4.36% | 5.50% | 4.81% |
Drawdowns
ENFR vs. MLPX - Drawdown Comparison
The maximum ENFR drawdown since its inception was -68.28%, roughly equal to the maximum MLPX drawdown of -70.67%. Use the drawdown chart below to compare losses from any high point for ENFR and MLPX.
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Drawdown Indicators
| ENFR | MLPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.28% | -70.67% | +2.39% |
Max Drawdown (1Y)Largest decline over 1 year | -14.80% | -14.92% | +0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -20.29% | -19.72% | -0.57% |
Max Drawdown (10Y)Largest decline over 10 years | -62.64% | -64.70% | +2.06% |
Current DrawdownCurrent decline from peak | -2.18% | -2.01% | -0.17% |
Average DrawdownAverage peak-to-trough decline | -16.16% | -16.81% | +0.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.47% | 4.81% | -0.34% |
Volatility
ENFR vs. MLPX - Volatility Comparison
Alerian Energy Infrastructure ETF (ENFR) and Global X MLP & Energy Infrastructure ETF (MLPX) have volatilities of 3.72% and 3.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENFR | MLPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.72% | 3.63% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 10.21% | 10.35% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.91% | 18.88% | -0.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.18% | 20.00% | -0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.74% | 26.59% | -1.85% |