ETF Copilot
Energy

Is MLPX a good investment?

Updated October 9, 2026

Global X MLP & Energy Infrastructure ETF (MLPX) is a energy sector ETF. As of October 9, 2026, ETF Copilot scores MLPX 4.9 out of 10 — highest on Return (7.7), lowest on Growth (0.9). It trades at 17.7 times earnings, against its own median of 17.1. Its ten largest holdings are 67% of the fund.

What stands out in MLPX's data

Owns midstream energy infrastructure — pipelines and storage terminals that earn fee-based income.

Earns more on its operations than nearly any peer — a cushion that protects distributions when energy prices dip.

EBITDA margin of 41.3% sits ahead of most peers and above its own 38.3% historical median. Top holdings concentration is 67.0%.

A fee-income tilt within an energy allocation, built on infrastructure that earns regardless of oil prices.

Why did MLPX move this week? It rose 1.5% in the week to October 9, 2026 — Kinder Morgan and Williams drove it

MLPX rose 1.5% in the week to October 9, 2026. The holdings that moved it most were Kinder Morgan (+4.6%), Williams (+3.0%) and TC Energy (+1.7%); Hess Midstream (−14.5%) pushed the other way.

How is MLPX rated? ETF Copilot scores Global X MLP & Energy Infrastructure ETF (MLPX) 4.9 out of 10

As of October 9, 2026, ETF Copilot scores Global X MLP & Energy Infrastructure ETF (MLPX) 4.9 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 4.9 / 10
  • Growth: 0.9 / 10
  • Value: 3.6 / 10
  • Risk: 6.6 / 10
  • Quality: 6.4 / 10
  • Return: 7.7 / 10

Is MLPX expensive right now? It trades at 17.7 times earnings, against its own median of 17.1

As of October 9, 2026, MLPX is more expensive than 61% of its own last 9 years.

Trailing 12 months, built from MLPX's holdings. How we calculate this →

What's inside MLPX?

What's inside MLPX: Size (Large 70%, Mid 25%, Small 5%); Geography (International 24%, US 76%).

What are MLPX's top holdings? The ten largest are 67% of the fund

Williams, TC Energy, Enbridge, Targa Resources, Kinder Morgan, ONEOK, Cheniere Energy, Mplx, Energy Transfer and Pembina Pipeline are MLPX's largest holdings, in that order.

More concentrated than 63% of Energy ETFs.

Half of MLPX's weight sits in its 7 largest positions, and once those weights are taken into account it behaves like 17 equally weighted holdings.

What is MLPX's expense ratio? 0.45% a year

As of October 9, 2026, MLPX charges 0.45% a year, yields 4.25% and holds $3.5B in assets across 29 positions.

Global X MLP & Energy Infrastructure ETF (MLPX) — cost, income and size
MeasureMLPX
Expense ratio0.45%
Dividend yield4.25%
Assets under management$3.5B
Holdings29

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “Global X MLP & Energy Infrastructure ETF (MLPX) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/mlpx

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