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MLPA - AI Analysis
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Global X MLP ETF (MLPA)
Rating:69Neutral
Price Target:
$52.00
Positive Factors
High Dividend Potential
The ETF focuses on MLPs, which are known for generating strong income through dividends, appealing to income-focused investors.
Energy Sector Focus
The fund’s heavy exposure to the energy sector could benefit from long-term demand for energy infrastructure and services.
Reasonable Expense Ratio
The ETF charges a moderate expense ratio, making it relatively cost-effective compared to other niche funds.
Negative Factors
Weak Recent Performance
The ETF has shown negative returns across multiple timeframes, which may concern investors seeking growth.
Over-Concentration in Energy
With over 96% of assets in the energy sector, the fund is highly sensitive to fluctuations in energy market conditions.
Limited Geographic Diversification
The ETF is almost entirely focused on U.S.-based companies, offering little exposure to international markets.
MLPA vs. SPDR S&P 500 ETF (SPY)
AUM1.80B
RegionNorth America
Expense Ratio0.45%
Beta0.37
IssuerGlobal X
Inception DateApr 18, 2012
Dividend Yield7.73%
Asset ClassEquity
Index TrackedSolactive MLP Infrastructure Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume205,079
30 Day Avg. Volume182,338
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
56.47Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering20
MLPA Summary
The Global X MLP ETF (MLPA) is an investment fund that focuses on companies in the energy sector, specifically Master Limited Partnerships (MLPs). These companies are involved in transporting, storing, and processing energy commodities. The ETF tracks the Solactive MLP Infrastructure Index and includes well-known names like Energy Transfer and Enterprise Products Partners. It’s a great option for investors looking for steady income, as MLPs are known for their high yields and tax-efficient structures. However, new investors should know that this ETF is heavily tied to the energy market, meaning its performance can fluctuate with changes in energy prices and demand.
How much will it cost me?The Global X MLP ETF (MLPA) has an expense ratio of 0.45%, meaning you’ll pay $4.50 per year for every $1,000 invested. This is slightly higher than the average for passively managed ETFs because it focuses on a niche area of the energy sector, which requires specialized management. However, it may appeal to investors seeking targeted exposure to energy infrastructure and income-generating MLPs.
What would affect this ETF?The Global X MLP ETF (MLPA) could benefit from rising energy demand and infrastructure investments in the U.S., as its holdings focus on transporting and processing energy commodities. However, it may face challenges from fluctuating energy prices, regulatory changes affecting MLPs, or economic slowdowns that reduce energy consumption. Its strong focus on North American energy infrastructure makes it sensitive to regional economic and policy shifts.
MLPA Top 10 Holdings
The Global X MLP ETF (MLPA) is heavily concentrated in the U.S. energy sector, with its top holdings dominated by Master Limited Partnerships (MLPs) focused on infrastructure like pipelines and storage. Sunoco is a bright spot, rising on strong earnings and strategic growth moves, while Genesis Energy has also shown resilience despite financial challenges. However, heavyweights like Energy Transfer and Plains All American are lagging, dragging the fund with bearish momentum and operational hurdles. This ETF’s focus on income-generating energy assets offers stability but leaves it vulnerable to sector-specific headwinds.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Energy Transfer | 13.40% | $256.21M | $57.77B | 2.43% | 70 Outperform | |
| Enterprise Products Partners | 13.13% | $250.90M | $66.67B | 6.84% | 75 Outperform | |
| MPLX | 11.97% | $228.88M | $51.73B | 14.82% | 78 Outperform | |
| Western Midstream Partners | 10.40% | $198.75M | $15.29B | 2.12% | 80 Outperform | |
| Plains All American | 9.07% | $173.45M | $11.57B | 0.37% | 67 Neutral | |
| Sunoco | 8.86% | $169.37M | $7.99B | 2.57% | 68 Neutral | |
| Hess Midstream Partners | 7.56% | $144.44M | $7.13B | -1.91% | 73 Outperform | |
| Cheniere Energy Partners | 6.55% | $125.27M | $25.25B | 4.42% | 62 Neutral | |
| USA Compression | 4.66% | $89.09M | $2.71B | 1.01% | 60 Neutral | |
| Genesis Energy | 4.34% | $82.91M | $2.00B | 48.05% | 50 Neutral |
MLPA Technical Analysis
Negative
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Price Trends
48.58
Negative
49.00
Negative
49.26
Negative
Market Momentum
-0.05
Negative
49.11
Neutral
73.44
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MLPA, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 47.73, equal to the 50-day MA of 48.58, and equal to the 200-day MA of 49.26, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 49.11 is Neutral, neither overbought nor oversold. The STOCH value of 73.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MLPA.
MLPA Peer Comparison
Comparison Results
Performance Comparison
MLPA
Global X MLP ETF
48.05
3.95
8.96%
VDE
Vanguard Energy ETF
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MLPX
Global X MLP & Energy Infrastructure ETF
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XOP
SPDR S&P Oil & Gas Exploration & Production ETF
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FENY
Fidelity MSCI Energy Index ETF
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IYE
iShares U.S. Energy ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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