MLPA vs. TPYP ETF Comparison
Comparison of Global X MLP ETF (MLPA) to Tortoise North American Pipeline Fund ETF (TPYP)
MLPA
Global X MLP ETF
MLPA Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$47.70
Average Daily Volume
120,045
19
TPYP
Tortoise North American Pipeline Fund ETF
TPYP Description
The investment seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise North American Pipeline Index (the "underlying index"). The fund will normally invest at least 80% of its total assets in securities that comprise the underlying index (or depository receipts based on such securities). The underlying index is a proprietary rules-based, capitalization weighted, float adjusted index designed to track the overall performance of equity securities of North American Pipeline Companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$28.36
Average Daily Volume
74,058
36
Performance
| Period | MLPA | TPYP |
|---|---|---|
| 30 Days | 0.34% | 1.44% |
| 60 Days | 3.16% | 4.41% |
| 90 Days | 8.45% | 12.27% |
| 12 Months | 26.95% | 20.93% |
14 Overlapping Holdings
| Symbol | Grade | Weight in MLPA | Weight in TPYP | Overlap | |
|---|---|---|---|---|---|
| CAPL | B | 0.0% | 0.09% | 0.0% | |
| CQP | C | 5.09% | 0.41% | 0.41% | |
| DKL | F | 0.86% | 0.07% | 0.07% | |
| ENLC | B | 8.05% | 1.04% | 1.04% | |
| EPD | B | 12.13% | 3.89% | 3.89% | |
| ET | A | 11.93% | 4.07% | 4.07% | |
| GEL | A | 3.23% | 0.3% | 0.3% | |
| GLP | B | 3.45% | 0.28% | 0.28% | |
| HESM | C | 5.88% | 0.59% | 0.59% | |
| MPLX | A | 10.82% | 3.07% | 3.07% | |
| PAA | B | 9.9% | 1.7% | 1.7% | |
| SUN | D | 7.04% | 1.18% | 1.18% | |
| USAC | D | 3.13% | 0.3% | 0.3% | |
| WES | A | 9.7% | 1.43% | 1.43% |
MLPA Underweight 22 Positions Relative to TPYP
| Symbol | Grade | Weight | |
|---|---|---|---|
| WMB | B | -7.69% | |
| OKE | B | -7.24% | |
| LNG | D | -6.94% | |
| KMI | A | -6.83% | |
| TRGP | B | -4.15% | |
| NI | A | -4.07% | |
| ATO | A | -3.98% | |
| ETRN | B | -2.04% | |
| NFG | A | -1.75% | |
| AM | A | -1.66% | |
| SWX | A | -1.56% | |
| NJR | B | -1.51% | |
| DTM | A | -1.31% | |
| OGS | B | -1.24% | |
| SR | B | -1.15% | |
| AROC | B | -0.94% | |
| CPK | B | -0.83% | |
| PAGP | B | -0.77% | |
| NFE | F | -0.59% | |
| NWN | B | -0.48% | |
| KNTK | A | -0.46% | |
| EE | B | -0.07% |
MLPA: Top Represented Industries & Keywords
TPYP: Top Represented Industries & Keywords
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