Which Energy ETF Stands Out, the Global X MLPX or the First Trust EMLP?
Compare cost, diversification, and risk profiles as these two funds take different approaches to North American energy infrastructure exposure.
Overview
The Global X - MLP & Energy Infrastructure ETF (NYSEMKT:MLPX) offers low-cost, pure-play energy exposure, while the First Trust North American Energy Infrastructure Fund (NYSEMKT:EMLP) provides a diversified utility-heavy strategy with an environmental, social, and governance (ESG) screen.
Investors seeking income from the North American energy boom often weigh these two funds. While both target the infrastructure that moves fuel and power, their internal compositions differ significantly, shifting the risk profile from a concentrated energy focus in MLPX to a broader, utility-oriented approach in EMLP.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.