Summary
Global X - MLP ETF is an ETF - a fund traded on an exchange like a stock - run by Global X. Positions inside: 22. The ten largest make up 99% of the fund.
- Yearly costs
- 0.77%
- Fund size
- $2.28B
- Positions
- 22
- Dividend yield
- 7.50%
- Running since
- 2012
What speaks for it
- A large fund with $2.28B under management.
- Easy to buy and sell: about $11.5M changes hands a day.
- It has been running since 2012.
What to watch
- The ten largest positions make up 99% of the fund, so its result rests on a few names.
- 97% of the fund is in one sector (Energy).
- 100% of the fund is in one country (United States).
- Costs of 0.77% a year are above the middle of comparable funds (0.44%).
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -4.3%
- 3 months
- -2.3%
- This year
- +12%
- 1 year
- +15%
- 3 years
- +19%
- 5 years
- +40%
- 10 years
- -22%
- Avg. market cap
- $31.9B
- P/E
- 11.2x
- Forward P/E
- 13.0x
- P/S
- 0.7x
- P/B
- 3.1x
- P/FCF
- 9.9x
- EV/EBITDA
- 9.8x
- Dividend yield
- 6.87%
- ROIC
- 12.8%
- ROE
- 40.4%
- Gross margin
- 35.7%
- Operating margin
- 26.5%
- Net margin
- 18.5%
- Payout ratio
- 77.2%
- Net debt/EBITDA
- 3.5x
- Beta
- 0.25
Weighted average of the 10 largest companies, which make up 78% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 ENERGY TRANSFER LP 16%
- 2 EPEnterprise Products Partners L.P. EPD 13%
- 3 MPMPLX LP MPLX 13%
- 4 PAPlains All American Pipeline, L.P. PAA 12%
- 5 WEWestern Midstream Partners, LP WES 10%
- 6 SUNOCO LP 9.7%
- 7 HEHess Midstream LP HESM 7.7%
- 8 CQCheniere Energy Partners, L.P. CQP 7.4%
- 9 USA COMPRESSION PARTNERS LP 5.9%
- 10 GEGenesis Energy GEL 4.5%
Positions in the fund: 22. The ten largest make up 99% of it.
Composition as of Oct 13, 2026.
Where is it spread?
One sector dominatesBy sector
- Energy 97%
- Utilities 2.9%
By country
- United States 100%
- Other countries 0.03%
By company size
- Large cap 71%
- Mid cap 14%
- Small cap 15%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 78% of the fund.
Largest sector: Energy (97%). Largest country: United States (100%). Largest size group: Large cap (71%).
What does it cost me?
Expensive- A year from $10,000
- $77.00
- Over 20 years
- $3,632
From every $10,000 invested the fund takes $77.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,632.
How has it done?
Losing value- A year on average, 10 years
- -2.5%
- Deepest drop
- -21%
- Yearly volatility
- 13%
Average yearly decline over the last ten years: 2.5%. Deepest drop in these years: 21% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 7.50%
- Payments a year
- 4
- Last payment
- $1.02
Over the last 12 months it paid $4.02 per share, which is 7.50% of today's price. The last payment was $1.02 on Aug 10, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $11.5M
- Shares a day
- 214K
On an average day about $11.5M of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 11.2
- Average Bulios Score
- 65 out of 100
Weight by Bulios Fair Price
- Undervalued 94%
- Fairly valued 0.0%
- Overvalued 5.8%
On average the companies inside trade for 11.2 times their yearly profit. By Fair Price, 94% of the rated weight comes out as undervalued.
Counted from its largest companies (10), which make up 78% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
AM AMLP Alerian MLP ETF | United States | 1.01% | $12.7B | +15% | Pays out | 92% |
AM AMZA InfraCap MLP ETF | United States | 1.72% | $470.8M | +25% | Pays out | 87% |
SM SMLP.DE Invesco Morningstar US Energy Infrastructure MLP UCITS ETF | Ireland | 0.50% | $419.8M | +32% | Reinvests | 81% |
SM SMLD.DE Invesco Morningstar US Energy Infrastructure MLP UCITS ETF | Ireland | 0.50% | $360.6M | +21% | Pays out | 81% |
ML MLPAX Invesco SteelPath MLP Alpha A· mutual fund | - | - | $1.17B | +22% | Pays out | 66% |
UM UMI USCF Midstream Energy Income Fund | United States | 0.85% | $528.8M | +23% | Pays out | 26% |
