MLPX vs. AMZA
Compare and contrast key facts about Global X MLP & Energy Infrastructure ETF (MLPX) and InfraCap MLP ETF (AMZA).
MLPX and AMZA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. AMZA is an actively managed fund by Virtus Investment Partners. It was launched on Oct 7, 2014.
Performance
MLPX vs. AMZA - Performance Comparison
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MLPX vs. AMZA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
AMZA InfraCap MLP ETF | 19.38% | 0.17% | 30.90% | 23.35% | 33.20% | 51.22% | -49.25% | 6.27% | -26.78% | -6.90% |
Returns By Period
In the year-to-date period, MLPX achieves a 23.52% return, which is significantly higher than AMZA's 19.38% return. Over the past 10 years, MLPX has outperformed AMZA with an annualized return of 14.53%, while AMZA has yielded a comparatively lower 7.88% annualized return.
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%
AMZA
- 1D
- -1.45%
- 1M
- 2.49%
- YTD
- 19.38%
- 6M
- 20.02%
- 1Y
- 5.74%
- 3Y*
- 22.86%
- 5Y*
- 23.82%
- 10Y*
- 7.88%
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MLPX vs. AMZA - Expense Ratio Comparison
MLPX has a 0.45% expense ratio, which is lower than AMZA's 2.01% expense ratio.
Return for Risk
MLPX vs. AMZA — Risk / Return Rank
MLPX
AMZA
MLPX vs. AMZA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MLP & Energy Infrastructure ETF (MLPX) and InfraCap MLP ETF (AMZA). 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.
| MLPX | AMZA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.15 | 0.25 | +0.91 |
Sortino ratioReturn per unit of downside risk | 1.51 | 0.47 | +1.04 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.07 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 1.44 | 0.30 | +1.14 |
Martin ratioReturn relative to average drawdown | 4.48 | 0.55 | +3.93 |
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
| MLPX | AMZA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 0.25 | +0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.24 | 0.92 | +0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.21 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | -0.03 | +0.38 |
Correlation
The correlation between MLPX and AMZA is 0.88, 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
MLPX vs. AMZA - Dividend Comparison
MLPX's dividend yield for the trailing twelve months is around 4.06%, less than AMZA's 7.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
AMZA InfraCap MLP ETF | 7.88% | 8.81% | 7.29% | 9.40% | 7.65% | 10.24% | 22.13% | 19.47% | 34.46% | 24.16% | 18.36% | 18.21% |
Drawdowns
MLPX vs. AMZA - Drawdown Comparison
The maximum MLPX drawdown since its inception was -70.67%, smaller than the maximum AMZA drawdown of -91.46%. Use the drawdown chart below to compare losses from any high point for MLPX and AMZA.
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Drawdown Indicators
| MLPX | AMZA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.67% | -91.46% | +20.79% |
Max Drawdown (1Y)Largest decline over 1 year | -14.92% | -17.90% | +2.98% |
Max Drawdown (5Y)Largest decline over 5 years | -19.72% | -25.15% | +5.43% |
Max Drawdown (10Y)Largest decline over 10 years | -64.70% | -86.84% | +22.14% |
Current DrawdownCurrent decline from peak | -2.01% | -12.28% | +10.27% |
Average DrawdownAverage peak-to-trough decline | -16.81% | -45.54% | +28.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.81% | 9.91% | -5.10% |
Volatility
MLPX vs. AMZA - Volatility Comparison
The current volatility for Global X MLP & Energy Infrastructure ETF (MLPX) is 3.63%, while InfraCap MLP ETF (AMZA) has a volatility of 5.70%. This indicates that MLPX experiences smaller price fluctuations and is considered to be less risky than AMZA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MLPX | AMZA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.63% | 5.70% | -2.07% |
Volatility (6M)Calculated over the trailing 6-month period | 10.35% | 12.41% | -2.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.88% | 23.23% | -4.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.00% | 25.96% | -5.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.59% | 37.45% | -10.86% |