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PIPEvsMLPDETF Comparison
Global X MLP & Energy Infrastructure Covered Call ETF
Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE) belongs to the Infrastructure segment. Global X MLP & Energy Infrastructure Covered Call ETF (MLPD) is part of the Options Strategies segment. PIPE's top 3 sector exposures are Energy and Utilities. In contrast, MLPD's top sector exposures are Energy PIPE is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.6% for MLPD. PIPE is up 20.3% year-to-date (YTD) with -$209K in YTD flows. MLPD performs worse with 5.35% YTD performance, and +$6M in YTD flows. Run a side-by-side ETF comparison of PIPE and MLPD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
PIPE vs MLPD performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PIPE MLPD | +5.98%+1.15% | +20.16%+6.37% | +20.30%+5.35% | +25.97%+20.60% | n/an/a | n/an/a |
| Flows | PIPE MLPD | -$209K+$3M | -$209K+$7M | -$209K+$6M | +$37M+$10M | -- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PIPE MLPD | +14.04%+10.27% | +18.63%+14.66% | n/an/a | n/an/a |
| Max drawdown | PIPE MLPD | -3.30%-1.68% | -15.66%-12.85% | n/an/a | n/an/a |
| Max drawdown duration | PIPE MLPD | 9d8d | 294d61d | n/an/a | n/an/a |
PIPE | MLPD | |
Last sale 3/12/2026 at 1:30 PM | $28.83 | $25.76 |
| Previous close 03/11/2026 | $28.99 | $25.73 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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PIPE | MLPD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
PIPE | MLPD | |
|---|---|---|
| Last price | $28.83 | $25.76 |
| 1D performance | -0.54% | +0.13% |
| AuM | $60.84 M | $20.32 M |
| E/R | 0.75% | 0.6% |
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 PIPE and MLPD ETFs performed in 2026?
As of March 11, 2026, PIPE is up 20.3% year-to-date (YTD), while MLPD has returned 5.35%. That puts PIPE better performer ahead so far this year.
Which ETF is attracting more investor money: PIPE or MLPD?
Year-to-date, the PIPE ETF saw -$209K in flows, compared to +$6M for MLPD.
Which ETF is more volatile: PIPE or MLPD?
Over the past year, PIPE had a volatility of 18.63%, while MLPD experienced 14.66%.
Which ETF is bigger: PIPE or MLPD?
As of March 11, 2026, PIPE holds $60.84 M in assets under management (AUM), while MLPD manages $20.32 M.
What sectors do the PIPE and MLPD ETFs invest in?
PIPE leans toward sectors like Energy. Meanwhile, MLPD focuses on Energy.
What are the top holdings of the PIPE ETF and MLPD ETF?
PIPE top holdings include TARGA RESOURCS, WILLIAMS and TC ENERGY CORP. MLPD holds in its top three: WILLIAMS, TC ENERGY CORP and ENBRIDGE.
Which ETF is more diversified: PIPE or MLPD?
PIPE holds 25 securities with 75.45% of its assets in the top 15. MLPD has 26 securities and a top 15 weight of 90.42%.
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