MLPX vs. ENFR
Compare and contrast key facts about Global X MLP & Energy Infrastructure ETF (MLPX) and Alerian Energy Infrastructure ETF (ENFR).
MLPX and ENFR 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. 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. Both MLPX and ENFR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MLPX or ENFR.
Correlation
The correlation between MLPX and ENFR is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MLPX vs. ENFR - Performance Comparison
Key characteristics
MLPX:
1.52
ENFR:
1.55
MLPX:
1.91
ENFR:
1.95
MLPX:
1.29
ENFR:
1.29
MLPX:
1.92
ENFR:
1.96
MLPX:
7.21
ENFR:
7.55
MLPX:
4.47%
ENFR:
4.04%
MLPX:
21.27%
ENFR:
19.65%
MLPX:
-70.59%
ENFR:
-68.28%
MLPX:
-7.97%
ENFR:
-6.72%
Returns By Period
The year-to-date returns for both investments are quite close, with MLPX having a 2.12% return and ENFR slightly higher at 2.18%. Both investments have delivered pretty close results over the past 10 years, with MLPX having a 6.24% annualized return and ENFR not far ahead at 6.28%.
MLPX
2.12%
-5.73%
9.21%
30.89%
29.57%
6.24%
ENFR
2.18%
-5.29%
8.84%
29.23%
28.04%
6.28%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MLPX vs. ENFR - Expense Ratio Comparison
MLPX has a 0.45% expense ratio, which is higher than ENFR's 0.35% expense ratio.
Risk-Adjusted Performance
MLPX vs. ENFR — Risk-Adjusted Performance Rank
MLPX
ENFR
MLPX vs. ENFR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MLP & Energy Infrastructure ETF (MLPX) and Alerian Energy Infrastructure ETF (ENFR). 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.
Dividends
MLPX vs. ENFR - Dividend Comparison
MLPX's dividend yield for the trailing twelve months is around 4.41%, which matches ENFR's 4.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLPX Global X MLP & Energy Infrastructure ETF | 4.41% | 4.30% | 5.22% | 5.23% | 5.98% | 8.32% | 5.78% | 5.98% | 4.36% | 5.50% | 4.81% | 2.15% |
ENFR Alerian Energy Infrastructure ETF | 4.40% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% | 2.15% |
Drawdowns
MLPX vs. ENFR - Drawdown Comparison
The maximum MLPX drawdown since its inception was -70.59%, roughly equal to the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for MLPX and ENFR. For additional features, visit the drawdowns tool.
Volatility
MLPX vs. ENFR - Volatility Comparison
Global X MLP & Energy Infrastructure ETF (MLPX) has a higher volatility of 13.37% compared to Alerian Energy Infrastructure ETF (ENFR) at 12.72%. This indicates that MLPX's price experiences larger fluctuations and is considered to be riskier than ENFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.