MLPA - ETF AI Analysis
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Global X MLP ETF (MLPA)
MLPA is an ETF focused on master limited partnerships, and its rating reflects a generally solid, income-oriented portfolio with notable strengths in core holdings like MPLX, Plains All American, and Western Midstream, which offer strong financial performance, attractive valuations, and high dividend yields. The fund is somewhat held back by weaker names such as Genesis Energy and Cheniere Energy Partners, where higher leverage, financial challenges, and bearish or mixed technical trends add risk. The main risk factor is the fund’s concentration in the energy MLP sector, which can make performance more sensitive to energy market cycles and sector-specific issues.
MLPA vs. SPDR S&P 500 ETF (SPY)
- AUM
- 2.44B
- Region
- North America
- Expense Ratio
- 0.77%
- Beta
- 0.15
- Issuer
- Global X
- Inception Date
- Apr 18, 2012
- Dividend Yield
- 7.19%
- Asset Class
- Equity
- Index Tracked
- Solactive MLP Infrastructure Index
MLPA Summary
MLPA is the Global X MLP ETF, which follows the Solactive MLP Infrastructure Index and focuses on energy infrastructure companies structured as Master Limited Partnerships. These businesses move, store, and process oil and gas, and the fund aims to provide steady income from their cash flows. Well-known holdings include Energy Transfer and Enterprise Products Partners. Someone might invest in MLPA for income and diversification within the energy sector. A key risk is that it is heavily tied to the energy market, so its value can go up or down sharply with changes in energy prices and industry conditions.
How much will it cost me?
MLPA has an expense ratio of 0.77%, which means you’ll pay about $7.70 per year for every $1,000 invested. This cost is higher than the average ETF because MLPA focuses on a specialized group of energy MLPs and is more complex to manage than a broad, low-cost index fund.
What would affect this ETF?
MLPA could benefit if U.S. energy demand stays strong, oil and gas prices remain supportive, and midstream MLPs like Energy Transfer and Enterprise Products Partners continue to generate steady cash flows from transporting and storing energy. On the negative side, weaker economic growth, stricter environmental regulations, or a faster shift toward renewable energy could hurt traditional energy infrastructure, while changes to tax rules for MLPs or higher interest rates could make this income-focused ETF less attractive.
MLPA Top 10 Holdings
MLPA is essentially an energy infrastructure play, with a heavy tilt toward U.S. midstream MLPs. Energy Transfer, Enterprise Products Partners, and MPLX form the core engine of the fund, all rising steadily and helping drive performance as they benefit from stable pipeline and storage demand. Plains All American has been a standout, giving the ETF an extra push. On the flip side, Hess Midstream has been lagging, and Genesis Energy looks a bit wobbly, slightly dragging on returns. Overall, this is a concentrated North American energy story, powered by fee-based cash flows and high-yield names.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Energy Transfer | 14.10% | $374.56M | $72.00B | 24.69% | 70Outperform | |
| Enterprise Products Partners | 12.76% | $338.78M | $82.38B | 20.80% | 73Outperform | |
| MPLX | 11.76% | $312.22M | $60.99B | 18.96% | 81Outperform | |
| Plains All American | 11.59% | $307.81M | $18.70B | 55.85% | 79Outperform | |
| Western Midstream Partners | 9.28% | $246.47M | $19.17B | 20.56% | 80Outperform | |
| Sunoco | 8.06% | $213.95M | $14.51B | 33.21% | 72Outperform | |
| Cheniere Energy Partners | 6.91% | $183.48M | $32.24B | 23.83% | 61Neutral | |
| Hess Midstream Partners | 6.86% | $182.19M | $6.74B | -4.19% | 77Outperform | |
| USA Compression | 5.11% | $135.81M | $3.69B | 15.13% | 70Outperform | |
| Genesis Energy | 4.10% | $108.87M | $1.79B | -8.31% | 49Neutral |
MLPA Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MLPA, the sentiment is Positive. The current price of 55.88 is above the 20-day moving average (MA) of 54.32, above the 50-day MA of 55.38, and above the 200-day MA of 53.16, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 63.39 is Neutral, neither overbought nor oversold. The STOCH value of 97.68 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MLPA.
MLPA Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| $55.88 | $61.00(9.16% Upside) | $2.44B | 0.77% | 72Outperform | |
| $203.76 | $227.34(11.57% Upside) | $4.53B | 0.35% | 68Neutral | |
| $76.53 | $84.56(10.49% Upside) | $3.79B | 0.45% | 71Outperform | |
| $38.48 | $40.43(5.07% Upside) | $2.33B | 0.08% | 72Outperform | |
| $73.81 | $77.25(4.67% Upside) | $1.82B | 0.37% | 73Outperform | |
| $43.47 | $46.60(7.18% Upside) | $1.21B | 0.60% | 72Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| MLPA | Global X MLP ETF | 55.88 | 11.35 | 25.49% | |
| XOP | SPDR S&P Oil & Gas Exploration & Production ETF | 203.76 | 78.65 | 62.86% | |
| MLPX | Global X MLP & Energy Infrastructure ETF | 76.53 | 20.62 | 36.87% | |
| FENY | Fidelity MSCI Energy Index ETF | 38.48 | 14.62 | 61.27% | |
| IYE | iShares U.S. Energy ETF | 73.81 | 28.02 | 61.18% | |
| FTXN | First Trust Nasdaq Oil & Gas ETF | 43.47 | 16.56 | 61.51% |
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.