XLE - MLPX Versus XLE: Which Of These Energy ETFs Is Best?

2024-03-28 16:56:11 ET

Summary

• MLPX and XLE are two of the largest energy ETFs in the market.
• XLE offers diversified exposure to energy companies, while MLXP focuses on midstream.
• Both funds have above-average yields and cheap valuations, but differ in several key ways.

I've covered the Global X MLP & Energy Infrastructure ETF ( MLPX ) several times in the past . I've generally focused on the fund, its characteristics and fundamentals. In this article, I'll be comparing MLPX with the Energy Select Sector SPDR Fund ETF ( XLE ), a broader energy equity index.

Strategy and Holdings Comparison - MLPX Slight Winner

Both funds focus on U.S. energy equities, with some differences in their approach....

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