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MLPXvsPIPEETF Comparison

ETF 1
MLPX

Global X MLP & Energy Infrastructure ETF

This fund is part of
Infrastructure
+0.75%
VS
ETF 2
PIPE

Invesco SteelPath MLP & Energy Infrastructure ETF

This fund is part of
Infrastructure
+0.75%

Global X MLP & Energy Infrastructure ETF (MLPX) and Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE) belong to the same industry segment: Infrastructure. Both ETFs have the same top 3 sector exposures: and Energy. MLPX is less expensive with a Total Expense Ratio (TER) of 0.45%, versus 0.75% for PIPE. MLPX is up 24.63% year-to-date (YTD) with +$287M in YTD flows. PIPE performs better with 26.75% YTD performance, and +$1M in YTD flows. Run a side-by-side ETF comparison of MLPX and PIPE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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MLPX vs PIPE performance and flow charts

Performance

-2.00.02.04.06.0%May 11May 18May 26Jun 2Jun 9

Cumulative Flows

0 M50 M100 M150 M200 MMay 11May 18May 26Jun 2Jun 9

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 06/11/2026
1M3MYTD1Y3Y5Y
Perf.
MLPX
PIPE
+0.94%+0.75%
+3.36%+5.37%
+24.63%+26.75%
+25.02%+29.37%
+112.15%n/a
+152.55%n/a
Flows
MLPX
PIPE
+$38M+$1M
+$226M+$2M
+$287M+$1M
+$307M+$29M
+$1.41B-
+$1.54B-
Volatility and drawdown
3M1Y3Y5Y
Volatility
MLPX
PIPE
+18.01%+17.46%
+15.26%+14.45%
+16.88%n/a
+19.99%n/a
Max drawdown
MLPX
PIPE
-7.51%-6.97%
-8.32%-7.30%
-16.47%n/a
-19.62%n/a
Max drawdown duration
MLPX
PIPE
23d23d
109d109d
370dn/a
427dn/a
Trading data

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MLPX
PIPE
Last sale
6/12/2026 at 1:30 PM
$74.38
$30.13
Previous close
06/11/2026
$73.96
$30.00
Consolidated volume
06/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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PIPE
is actively managed and doesn’t replicate an index

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MLPX
PIPE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/12/2026 at 1:30 PM
Live
Closed
MLPX
PIPE
Last price
$74.38
$30.13
1D performance
+0.56%
+0.42%
AuM$3.48 B$64.39 M
E/R0.45%0.75%
Characteristics
MLPX
PIPE
Management strategyPassiveActive
ProviderGlobal XInvesco
BenchmarkSolactive MLP & Energy Infrastructure Index-
N° of holdings2623
Asset classEquities-
Trailing 12m distribution yield
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Inception dateAugust 6, 2013February 20, 2025
ESGNoNo
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Exposure

Countries

MLPX
USA
75.89%
Canada
21.57%
Other
2.54%
PIPE
USA
74.01%
Canada
25.99%
Other
0%

Sectors

MLPX
Energy
93.57%
Other
6.43%
PIPE
Energy
86.36%
Other
13.64%
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Diversification

MLPX

Total weight of top 15 holdings out of 15

84.22%
PIPE

Total weight of top 15 holdings out of 15

75.28%

Top 15 holdings

Data as of April 30, 2026
MLPX
TC ENERGY CORP
8.68%
WILLIAMS
8.59%
ENBRIDGE
8.59%
CHENIERE ENERGY
7.53%
KINDER MORGAN
7.44%
ONEOK
6.84%
TARGA RESOURCS
4.74%
ENERGY TRANSFER LP UNITS
4.50%
ENTERPRISE PRODUCTS PARTNERS UNT
4.49%
DT MIDSTREAM INC
4.39%
PEMBINA PIPELINE
4.30%
MPLX COMMON UNITS
4.18%
PLAINS ALL AMERICAN PIPELINE UNT
3.86%
WESTERN MIDSTREAM PARTNERS LP
3.73%
ANTERO MIDSTREAM CORPORATION
2.38%
PIPE
TARGA RESOURCS
7.54%
WILLIAMS
6.52%
PLAINS GP HOLDINGS
5.94%
TC ENERGY CORP
5.86%
US50012A1088
5.02%
ONEOK
5.00%
CHENIERE ENERGY
4.83%
KINDER MORGAN
4.57%
PEMBINA PIPELINE
4.57%
ENBRIDGE
4.52%
ENTERPRISE PRODUCTS PARTNERS UNT
4.49%
ENERGY TRANSFER LP UNITS
4.47%
KEYERA
4.40%
MPLX COMMON UNITS
3.96%
GENESIS ENERGY UNT
3.58%
Frequently asked questions about MLPX and PIPE

How have the MLPX and PIPE ETFs performed in 2026?

As of June 11, 2026, MLPX is up 24.63% year-to-date (YTD), while PIPE has returned 26.75%. That puts PIPE better performer ahead so far this year.

Which ETF is attracting more investor money: MLPX or PIPE?

Year-to-date, the MLPX ETF saw +$287M in flows, compared to +$1M for PIPE.

Which ETF is more volatile: MLPX or PIPE?

Over the past year, MLPX had a volatility of 15.26%, while PIPE experienced 14.45%.

Which ETF is bigger: MLPX or PIPE?

As of June 11, 2026, MLPX holds $3.48 B in assets under management (AUM), while PIPE manages $64.39 M.

What sectors do the MLPX and PIPE ETFs invest in?

MLPX leans toward sectors like Energy. Meanwhile, PIPE focuses on Energy.

What are the top holdings of the MLPX ETF and PIPE ETF?

MLPX top holdings include TC ENERGY CORP, WILLIAMS and ENBRIDGE. PIPE holds in its top three: TARGA RESOURCS, WILLIAMS and PLAINS GP HOLDINGS.

Which ETF is more diversified: MLPX or PIPE?

MLPX holds 27 securities with 84.22% of its assets in the top 15. PIPE has 25 securities and a top 15 weight of 75.28%.

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