Global X MLP & Energy Infrastructure Covered Call ETF
$24.82−0.12 (−0.47%)
- 0.60%
- $26M
- +16.3%
- 13.82%
- 12.5K sh
- low $23.62high $25.95
The ETF.net MLPD Grade
C
Score 53 out of 100
- 12 of 22
Score 53 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C45 out of 100Rank 12 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.C50 out of 100Rank 12 of 13Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A93 out of 100Rank 2 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D32 out of 100Rank 18 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B57 out of 100Rank 7 of 19Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 7 of 22
Our read on MLPD
In short
CPipelines already pay. MLPD holds Global X's midstream energy basket and sells at-the-money calls against it, trading most of the upside for option premium, distributed monthly.
Stated mandate
The fund seeks to track the Cboe MLPX ATM BuyWrite Index before fees and expenses and implements the strategy by holding MLPX while selling corresponding call options on it.
Why people hold it
Worth knowing
MLPD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
MLPD$11,628
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MLPD |
|---|---|
| Year to date | +10.1% |
| 1 month | +5.3% |
| 3 months | +3.6% |
| 1 year | +16.3% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MLPD |
|---|---|---|
| 2026 YTD | +10.1% | |
| 2025 | +11.8% | |
| 2024 | +9.3% |
MLPD in the news
MLPD Dividends
- 13.82%
- $3.45
- $0.25 per share
- Monthly
MLPD Risk
- 7.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.07
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −12.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.04
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
MLPD Cost
Overpaying vs XLEI, tied cheapest in Sector Option Income
$4,691
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
MLPD 0.60%
$11,817
XLEI 0.35% Tied cheapest
$7,126
Cost over time
Year by year
| Year | MLPD | XLEI | Overpaying |
|---|---|---|---|
| 10 | $1,076 | $634 | $442 |
| 20 | $4,116 | $2,454 | $1,662 |
| 30 | $11,817 | $7,126 | $4,691 |
Other funds in Sector Option Income
- BXLBIState Street Materials Select Sector SPDR Premium Income ETFExpense ratio 0.35%1 year return +16.4%
- BIYRINEOS Real Estate High Income ETFExpense ratio 0.68%1 year return +5.0%
- CHAKYAmplify HACK Cybersecurity Covered Call ETFExpense ratio 0.65%1 year return
- CRNTYYieldMax Target 12 Real Estate Option Income ETFExpense ratio 0.99%1 year return +7.6%
- DSRHRSRH REIT Covered Call ETFExpense ratio 0.75%1 year return +10.1%
