MLPX vs. FXN ETF Comparison

Comparison of Global X MLP & Energy Infrastructure ETF (MLPX) to First Trust Energy AlphaDEX Fund (FXN)
MLPX

Global X MLP & Energy Infrastructure ETF

MLPX Description

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Solactive MLP & Energy Infrastructure Index. The fund invests at least 80% of its total assets in the securities of the underlying index. It also invests at least 80% of its total assets in securities of master limited partnerships and energy infrastructure corporations. The fund's 80% investment policies are non-fundamental and require 60 days' prior written notice to shareholders before it can be changed. The underlying index tracks the performance of MLPs and energy infrastructure corporations. It is non-diversified.

Grade (RS Rating)

Last Trade

$47.96

Average Daily Volume

224,318

Number of Holdings *

22

* may have additional holdings in another (foreign) market
FXN

First Trust Energy AlphaDEX Fund

FXN Description The investment seeks results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Energy Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the energy sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$18.01

Average Daily Volume

2,530,123

Number of Holdings *

37

* may have additional holdings in another (foreign) market
Performance
Period MLPX FXN
30 Days -2.12% -4.51%
60 Days 3.79% 4.69%
90 Days 8.27% 11.12%
12 Months 27.72% 24.67%
7 Overlapping Holdings
Symbol Grade Weight in MLPX Weight in FXN Overlap
AM A 3.1% 0.83% 0.83%
DTM A 3.97% 2.59% 2.59%
KMI A 6.42% 2.58% 2.58%
LNG D 6.4% 0.83% 0.83%
OKE B 9.33% 1.91% 1.91%
TRGP A 5.25% 1.94% 1.94%
WMB A 9.39% 1.9% 1.9%
MLPX Overweight 15 Positions Relative to FXN
Symbol Grade Weight
ET A 4.48%
PAA B 4.39%
MPLX A 4.35%
EPD B 4.24%
ETRN B 3.88%
WES A 3.63%
PAGP B 2.35%
ENLC B 2.09%
AROC B 1.74%
HESM C 1.51%
NS C 1.35%
CQP C 1.04%
NEXT A 0.74%
KNTK A 0.61%
DKL D 0.18%
MLPX Underweight 30 Positions Relative to FXN
Symbol Grade Weight
EQT B -4.9%
OVV B -4.81%
CHK B -4.76%
MRO B -4.67%
VLO B -4.65%
NOV D -4.56%
DINO D -4.53%
EOG B -4.01%
RRC B -4.01%
DVN B -3.98%
CVX A -3.93%
FANG B -3.91%
CTRA B -3.84%
APA F -3.61%
XOM B -2.6%
OXY B -2.59%
COP B -2.55%
HAL D -2.47%
MPC B -2.47%
PSX D -2.41%
FSLR A -2.0%
AR A -2.0%
BKR D -1.85%
SLB F -1.73%
TPL B -0.85%
FTI B -0.85%
NFE F -0.77%
ENPH F -0.76%
PLUG F -0.61%
CHPT F -0.6%
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