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MLPXvsPIPEETF Comparison
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 20.58% year-to-date (YTD) with +$64M in YTD flows. PIPE performs worse with 20.3% YTD performance, and -$209K 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.
MLPX vs PIPE performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MLPX PIPE | +5.86%+5.98% | +21.12%+20.16% | +20.58%+20.30% | +25.47%+25.97% | +113.47%n/a | +188.87%n/a |
| Flows | MLPX PIPE | +$26M-$209K | +$86M-$209K | +$64M-$209K | -$23M+$37M | +$1.16B- | +$1.21B- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MLPX PIPE | +15.02%+14.04% | +19.04%+18.63% | +16.90%n/a | +20.04%n/a |
| Max drawdown | MLPX PIPE | -3.15%-3.30% | -14.85%-15.66% | -16.47%n/a | -19.62%n/a |
| Max drawdown duration | MLPX PIPE | 9d9d | 294d294d | 370dn/a | 427dn/a |
MLPX | PIPE | |
Last sale 3/12/2026 at 4:06 PM | $72.81 | $28.99 |
| Previous close 03/11/2026 | $72.16 | $28.75 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
MLPX | PIPE | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
MLPX | PIPE | |
|---|---|---|
| Last price | $72.81 | $28.99 |
| 1D performance | +0.90% | +0.83% |
| AuM | $3.19 B | $60.84 M |
| E/R | 0.45% | 0.75% |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the MLPX and PIPE ETFs performed in 2026?
As of March 11, 2026, MLPX is up 20.58% year-to-date (YTD), while PIPE has returned 20.3%. That puts MLPX better performer ahead so far this year.
Which ETF is attracting more investor money: MLPX or PIPE?
Year-to-date, the MLPX ETF saw +$64M in flows, compared to -$209K for PIPE.
Which ETF is more volatile: MLPX or PIPE?
Over the past year, MLPX had a volatility of 19.04%, while PIPE experienced 18.63%.
Which ETF is bigger: MLPX or PIPE?
As of March 11, 2026, MLPX holds $3.19 B in assets under management (AUM), while PIPE manages $60.84 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 WILLIAMS, TC ENERGY CORP and ENBRIDGE. PIPE holds in its top three: TARGA RESOURCS, WILLIAMS and TC ENERGY CORP.
Which ETF is more diversified: MLPX or PIPE?
MLPX holds 26 securities with 84.93% of its assets in the top 15. PIPE has 25 securities and a top 15 weight of 75.45%.
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