Here’s a summary comparing the Global X-MLP & Energy Infrastructure ETF (MLPX) and the iShares Global Clean Energy ETF (ICLN):
Overview
- MLPX focuses on North American infrastructure related to fossil fuels, while ICLN invests in global renewable energy companies.
Cost & Size Snapshot
| Metric | ICLN | MLPX |
|---|---|---|
| Issuer | iShares | Global X |
| Share Price (as of 8/27/26) | $17.83 | $75.25 |
| Expense Ratio | 0.38% | 0.45% |
| 1-Year Return | 25.7% | 29.5% |
| Dividend Yield | 1.1% | 4.1% |
| AUM | $2 billion | $3.7 billion |
| Beta | 1.42 | 0.25 |
Performance & Risk
| Metric | ICLN | MLPX |
|---|---|---|
| Max Drawdown (5 yr) | (66.73%) | (19.7%) |
| Growth of $1,000 Over 5 Years | $824 | $2,818 |
Portfolio Breakdown
-
MLPX:
- 29 holdings focused on midstream energy companies.
- Largest positions include Williams Cos Inc (9%), TC Energy Corp (8.9%), and Enbridge (8.9%).
- 100% exposure to the energy sector.
-
ICLN:
- 105 holdings diversified across utilities (40%), energy (29%), and industrials (24%).
- Top holdings include Bloom Energy (8.5%), First Solar (7.8%), and China Yangtze Power Ltd A (7.7%).
Conclusion
- MLPX: Better for investors seeking higher dividend yields, lower volatility, and overall better performance in both short and long-term.
- ICLN: Appeals to socially conscious investors focusing on sustainability and the long-term potential of renewable energy.
Both ETFs cater to different types of investors, with MLPX being more stable and income-focused, while ICLN offers exposure to the future of energy innovation.
