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MLPD vs XLSI

Global X MLP & Energy Infrastructure Covered Call ETF

MLPDCNYSE Arca

State Street Consumer Staples Select Sector SPDR Premium Income ETF

XLSIANYSE Arca

Overlap

0.0%by weight

Expense ratio

XLSI −0.25pt a year

MLPD0.60%XLSI0.35%

Avg volume · 30D

XLSI 1.5×the volume

MLPD12.5KXLSI19.2K

MLPD vs XLSI Performance

Oct 31, 2025 – Oct 30, 2026

+16.3%MLPD+14.7%XLSI

Oct 31, 2025 to Oct 30, 2026. MLPD +16.3%. XLSI +14.7%. Use the arrow keys to read each point.0%2.5%5%7.5%10%12.5%Oct 2025Apr 2026Oct 2026
Expense ratio
MLPD 0.60%
XLSI 0.35%, better
Fund size
MLPD $26M
XLSI $25M
1Y total return
MLPD +16.3%, better
XLSI +14.7%
Yield (12M)
MLPD 13.82%, better
XLSI 12.22%
Holdings
MLPD 2
XLSI 2
Avg volume (30D)
MLPD 12.5K sh
XLSI 19.2K sh, better
NAV per share
MLPD $24.95
XLSI $23.80
52W range

ETF.net Grade

MLPD: Cost 45, Risk 93, Mission 50, Tradability 32, Holdings 57, Durability 64. XLSI: Cost 76, Risk 68, Mission 88, Tradability 78, Holdings 51, Durability 58.
Pillar letters and Scores for MLPD, XLSI, with each pillar’s weight
PillarMLPDXLSI
Cost30% weightC45A76Higher
Mission25% weightC50A88Higher
Risk15% weightA93HigherB68
Tradability15% weightD32A78Higher
Holdings10% weightB57HigherC51
Durability5% weightB64HigherB58

Rank among Sector Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. MLPD and XLSI are both graded against the same 22 Sector Option Income funds, so their Grades compare head to head.

Sector Option Income⁠

Category · 22 funds
See all 22 ›

XLSI ranks 1st and MLPD 12th of 22 funds in the Sector Option Income Category.

  1. Rank 1AXLSIState Street Consumer Staples Select Sector SPDR Premium Income ETFScore 74
  2. Rank 2AXLIIState Street Industrial Select Sector SPDR Premium Income ETFScore 71
  3. Rank 11BIYRINEOS Real Estate High Income ETFScore 58
  4. Rank 12CMLPDGlobal X MLP & Energy Infrastructure Covered Call ETFScore 53
  5. Rank 13CHAKYAmplify HACK Cybersecurity Covered Call ETFScore 43

Our read on each fund

ETF.net Research

MLPDCGlobal X MLP & Energy Infrastructure Covered Call ETF

XLSIAState Street Consumer Staples Select Sector SPDR Premium Income ETF

In short

MLPD Pipelines 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.

XLSI Covered calls on the market's quietest aisle. XLSI owns the classic consumer staples sector fund and sells calls on it, turning soup, soap and razors into monthly income while giving up gains above the strike.

Stated mandate

MLPD 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.

XLSI The fund uses an actively managed strategy intended to provide current income while preserving prospects for long-term capital growth. It invests in the Consumer Staples Select Sector SPDR ETF and sells call options on that ETF to generate additional income.

Why people hold it

  • MLPD Most option-overlay funds in this group write calls on broad sector SPDRs. MLPD points the same machinery at midstream energy infrastructure, a corner few covered call funds touch.
  • An index sets the trade: hold the midstream basket, sell matching at-the-money calls, repeat. Rules do the strike-picking, not a manager's timing.
  • Distributions arrive monthly, and the fund sits in the upper half of its sector-overlay peer group.
  • XLSI Simple plumbing: it holds shares of the staples Select Sector fund (XLP) and writes calls on that same ETF, so the equity sleeve is the plain sector basket, not a synthetic stand-in.ssga.com
  • 0.35% sits right at the median for its option-income sector cohort, the same sticker as siblings XLVI, XLUI and XLEI.
  • Pays monthly, and the call overlay is actively managed: a manager sets the strikes rather than following a fixed published formula.ssga.com
  • Sticks tightly to the mandate on the tin, and ranks among the stronger builds in its sector-overlay peer group.

Worth knowing

  • MLPD 0.60% a year against a 0.35% median for sector-overlay peers like XLEI and XLUI. The niche costs extra.
  • At-the-money calls sell off nearly all of any rally in the underlying basket. The income is funded by handing over price appreciation.
  • A small, thinly traded fund launched in 2024, so bid-ask spreads run wider than the big sector overlays and the history is short.
  • XLSI The calls cap the top end: gains above the strike on the underlying staples fund are traded away for premium.ssga.com
  • Option premiums rise and fall with volatility, so the monthly payout moves around. Income, not a coupon.
  • Launched in 2025 and small next to the giant option-income names, so the record is short and trading is light. Spreads can widen.

Full MLPD profile⁠

Full XLSI profile⁠

MLPD vs XLSI Holdings

As of

How MLPD and XLSI differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of MLPD and 0.0% of XLSI.

Level by level

  • Sector3 Sectors0.0%
  • Holdings0 in both0.0%
  • Countryby domicile75.4%
  • Asset classEquity100%

Sector

Sector weights in MLPD and XLSI, widest gap first
SectorMore in MLPDMore in XLSI
EnergyMLPD +100.0 points
Consumer StaplesXLSI +98.6 points
Consumer DiscretionaryXLSI +1.4 points

Country, concentration and asset class

Country by domicile

Country weights in MLPD and XLSI, widest gap first
CountryMore in MLPDMore in XLSI
United StatesXLSI +24.6 points
CanadaMLPD +24.6 points

Concentration

Weight in the 10 largest Holdings

  • MLPD100.4%
  • XLSI101.8%

Securities held

  • MLPD1
  • XLSI1

Asset class

MLPD
Equity
XLSI
Equity

Holdings

  • Only in MLPD1
  • In both0
  • Only in XLSI1

Only in MLPD

1 security, 100% of MLPD by weight

  • Global X Mlp & Energy Infras100.40%

Only in XLSI

1 security, 100% of XLSI by weight

  • State Street Consumer Staples101.76%

Weight gaps

MLPD and XLSI share no securities.

All 2 MLPD holdings⁠All 6 XLSI holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

MLPD vs XLSI Cost

Overpaying MLPD vs XLSI

$4,691

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MLPD 0.60%

    $11,817

  • XLSI 0.35%

    $7,126

$10,000
30 years

Cost over time

  • MLPD 0.60%
  • XLSI 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530MLPD $11,817XLSI $7,126

Year by year

YearMLPDXLSIOverpaying
10$1,076$634$442
20$4,116$2,454$1,662
30$11,817$7,126$4,691

Expense ratio

  • 0.60%MLPD
  • 0.35%XLSI, cheaper
  • Middle half of Sector Option Income funds
  • Median 0.47%

XLSI cheapest of 22 funds

MLPD 12th cheapest of 22 funds

MLPD vs XLSI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
MLPD 13.82%, better
XLSI 12.22%
Payout (12M)
MLPD $3.45
XLSI $2.92
Last payment
MLPD $0.25
XLSI $0.32
Ex-dividend
MLPD Oct 19, 2026
XLSI Oct 1, 2026
Paid on
MLPD Oct 22, 2026
XLSI Oct 5, 2026
Frequency
MLPD Monthly
XLSI Monthly

Distribution history

Per share, 2024 to 2026, same scale for both

MLPDMonthly · 31 paymentsAll MLPD payments⁠
One bar per payment. 31 payments from 2024 to 2026 YTD. May 20, 2024 $0.18; Jun 24, 2024 $0.15; Jul 22, 2024 $0.17; Aug 19, 2024 $0.25; Sep 23, 2024 $0.23; Oct 21, 2024 $0.20; Nov 18, 2024 $0.26; Dec 30, 2024 $0.26; Jan 21, 2025 $0.23; Feb 24, 2025 $0.25; Mar 24, 2025 $0.25; Apr 21, 2025 $0.24; May 19, 2025 $0.25; Jun 23, 2025 $0.25; Jul 21, 2025 $0.22; Aug 18, 2025 $0.23; Sep 22, 2025 $0.26; Oct 20, 2025 $0.22; Nov 24, 2025 $0.22; Dec 22, 2025 $0.16; Dec 30, 2025 $0.58; Jan 20, 2026 $0.25; Feb 23, 2026 $0.26; Mar 23, 2026 $0.26; Apr 20, 2026 $0.20; May 18, 2026 $0.26; Jun 22, 2026 $0.25; Jul 20, 2026 $0.25; Aug 24, 2026 $0.25; Sep 21, 2026 $0.25; Oct 19, 2026 $0.25. Use the arrow keys to read each point.$0$0.502026YTD
XLSIMonthly · 14 paymentsAll XLSI payments⁠
One bar per payment. 14 payments from 2024 to 2026 YTD. Sep 2, 2025 $0.29; Oct 1, 2025 $0.28; Nov 3, 2025 $0.22; Dec 1, 2025 $0.15; Dec 29, 2025 $0.32; Feb 2, 2026 $0.18; Mar 2, 2026 $0.30; Apr 1, 2026 $0.33; May 1, 2026 $0.19; Jun 1, 2026 $0.20; Jul 1, 2026 $0.35; Aug 3, 2026 $0.19; Sep 1, 2026 $0.18; Oct 1, 2026 $0.32. Use the arrow keys to read each point.$0$0.502026YTD

MLPD vs XLSI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MLPD 7.9%since Jun 2024XLSI 12.3%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
MLPD 1.07since Jun 2024XLSI 0.48since Aug 2025
Worst fallMax drawdown, 5 years
MLPD −12.9%since May 2024XLSI −7.9%since Jul 2025
Market sensitivityBeta, 5 years
MLPD 0.04XLSI 0.19

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