MLPX vs. GPOW ETF Comparison
Comparison of Global X MLP & Energy Infrastructure ETF (MLPX) to Goldman Sachs North American Pipelines & Power Equity ETF (GPOW)
MLPX
Global X MLP & Energy Infrastructure ETF
MLPX Description
The investment seeks to provide investment results that correspond generally to the price and yield performance of the Solactive MLP & Energy Infrastructure Index. The fund invests at least 80% of its total assets in the securities of the underlying index. It also invests at least 80% of its total assets in securities of master limited partnerships and energy infrastructure corporations. The fund's 80% investment policies are non-fundamental and require 60 days' prior written notice to shareholders before it can be changed. The underlying index tracks the performance of MLPs and energy infrastructure corporations. It is non-diversified.
Grade (RS Rating)
Last Trade
$64.20
Average Daily Volume
324,037
21
GPOW
Goldman Sachs North American Pipelines & Power Equity ETF
GPOW Description
The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index. The index is designed to deliver exposure to equity securities of U.S. and Canadian listed companies, including companies structured as master limited partnerships, operating in the pipelines and power universe. The fund is non-diversified.Grade (RS Rating)
Last Trade
$56.76
Average Daily Volume
1,342
33
Performance
Period | MLPX | GPOW |
---|---|---|
30 Days | 13.73% | 10.14% |
60 Days | 17.56% | 12.29% |
90 Days | 21.61% | 16.25% |
12 Months | 53.17% | 42.12% |
20 Overlapping Holdings
Symbol | Grade | Weight in MLPX | Weight in GPOW | Overlap | |
---|---|---|---|---|---|
AM | A | 2.97% | 2.69% | 2.69% | |
CQP | B | 1.09% | 1.69% | 1.09% | |
DKL | C | 0.25% | 0.14% | 0.14% | |
DTM | B | 5.1% | 1.83% | 1.83% | |
ENLC | A | 1.99% | 1.97% | 1.97% | |
EPD | A | 4.08% | 3.04% | 3.04% | |
ET | A | 4.11% | 4.15% | 4.11% | |
HESM | B | 1.57% | 1.09% | 1.09% | |
KMI | A | 7.23% | 6.1% | 6.1% | |
KNTK | B | 1.2% | 0.41% | 0.41% | |
LNG | B | 6.92% | 6.2% | 6.2% | |
MPLX | A | 4.22% | 1.71% | 1.71% | |
NEXT | B | 0.68% | 0.49% | 0.49% | |
NFE | D | 0.47% | 0.41% | 0.41% | |
OKE | A | 9.73% | 8.33% | 8.33% | |
PAA | B | 3.79% | 1.79% | 1.79% | |
PAGP | A | 2.02% | 1.09% | 1.09% | |
TRGP | B | 5.31% | 7.79% | 5.31% | |
WES | C | 3.69% | 1.64% | 1.64% | |
WMB | A | 9.92% | 6.0% | 6.0% |
MLPX Overweight 1 Positions Relative to GPOW
Symbol | Grade | Weight | |
---|---|---|---|
AROC | B | 2.01% |
MLPX: Top Represented Industries & Keywords
GPOW: Top Represented Industries & Keywords