MLPX vs. SDIV

Last updated Apr 1, 2026

Compare and contrast key facts about Global X MLP & Energy Infrastructure ETF (MLPX) and Global X SuperDividend ETF (SDIV).

MLPX and SDIV 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. SDIV is a passively managed fund by Global X that tracks the performance of the Solactive Global SuperDividend Index. It was launched on Jun 8, 2011. Both MLPX and SDIV 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

MLPX vs. SDIV - Performance Comparison

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

MLPX vs. SDIV - 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%
SDIV Global X SuperDividend ETF	6.70%	29.12%	1.77%	5.46%	-26.43%	3.76%	-20.89%	13.04%	-15.07%	11.95%

Returns By Period

In the year-to-date period, MLPX achieves a 23.52% return, which is significantly higher than SDIV's 6.70% return. Over the past 10 years, MLPX has outperformed SDIV with an annualized return of 14.53%, while SDIV has yielded a comparatively lower 0.55% 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%

SDIV

• 1D: 2.27%
• 1M: -2.96%
• YTD: 6.70%
• 6M: 10.37%
• 1Y: 32.97%
• 3Y*: 14.76%
• 5Y*: 0.59%
• 10Y*: 0.55%

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

MLPX vs. SDIV - Expense Ratio Comparison

MLPX has a 0.45% expense ratio, which is lower than SDIV's 0.58% expense ratio.

SDIV

Global X SuperDividend ETF

MLPX

Global X MLP & Energy Infrastructure ETF

Return for Risk

MLPX vs. SDIV — Risk / Return Rank

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

MLPX

MLPX Risk / Return Rank: 62
MLPX Sharpe Ratio Rank: 68
MLPX Sortino Ratio Rank: 62
MLPX Omega Ratio Rank: 67
MLPX Calmar Ratio Rank: 61
MLPX Martin Ratio Rank: 50

SDIV

SDIV Risk / Return Rank: 91
SDIV Sharpe Ratio Rank: 92
SDIV Sortino Ratio Rank: 92
SDIV Omega Ratio Rank: 93
SDIV Calmar Ratio Rank: 85
SDIV Martin Ratio Rank: 92

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.

MLPX vs. SDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MLP & Energy Infrastructure ETF (MLPX) and Global X SuperDividend ETF (SDIV). 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	SDIV	Difference
Sharpe ratio Return per unit of total volatility	1.15	2.07	-0.91
Sortino ratio Return per unit of downside risk	1.51	2.66	-1.16
Omega ratio Gain probability vs. loss probability	1.23	1.41	-0.18
Calmar ratio Return relative to maximum drawdown	1.44	2.43	-0.98
Martin ratio Return relative to average drawdown	4.48	12.21	-7.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MLPX vs. SDIV - Sharpe Ratio Comparison

The current MLPX Sharpe Ratio is 1.15, which is lower than the SDIV Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of MLPX and SDIV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MLPX	SDIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.15	2.07	-0.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.24	0.04	+1.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.03	+0.52
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.06	+0.29

Correlation

The correlation between MLPX and SDIV is 0.60, 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.

Dividends

MLPX vs. SDIV - Dividend Comparison

MLPX's dividend yield for the trailing twelve months is around 4.06%, less than SDIV's 9.10% 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%
SDIV Global X SuperDividend ETF	9.10%	9.59%	11.33%	11.73%	14.17%	8.95%	7.96%	8.73%	9.22%	6.66%	6.95%	7.33%

Drawdowns

MLPX vs. SDIV - Drawdown Comparison

The maximum MLPX drawdown since its inception was -70.67%, which is greater than SDIV's maximum drawdown of -56.90%. Use the drawdown chart below to compare losses from any high point for MLPX and SDIV.

Drawdown Indicators

	MLPX	SDIV	Difference
Max Drawdown Largest peak-to-trough decline	-70.67%	-56.90%	-13.77%
Max Drawdown (1Y) Largest decline over 1 year	-14.92%	-13.37%	-1.55%
Max Drawdown (5Y) Largest decline over 5 years	-19.72%	-41.94%	+22.22%
Max Drawdown (10Y) Largest decline over 10 years	-64.70%	-56.90%	-7.80%
Current Drawdown Current decline from peak	-2.01%	-17.21%	+15.20%
Average Drawdown Average peak-to-trough decline	-16.81%	-18.63%	+1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.81%	2.66%	+2.15%

Volatility

MLPX vs. SDIV - Volatility Comparison

The current volatility for Global X MLP & Energy Infrastructure ETF (MLPX) is 3.63%, while Global X SuperDividend ETF (SDIV) has a volatility of 6.25%. This indicates that MLPX experiences smaller price fluctuations and is considered to be less risky than SDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MLPX	SDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.63%	6.25%	-2.62%
Volatility (6M) Calculated over the trailing 6-month period	10.35%	9.21%	+1.14%
Volatility (1Y) Calculated over the trailing 1-year period	18.88%	16.03%	+2.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.00%	16.79%	+3.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.59%	18.96%	+7.63%