MLPX vs USMC

Comparison between GLOBAL X MLP & ENERGY INFRASTRUCTURE ETF (MLPX, ETF) and PRINCIPAL U.S. MEGA-CAP ETF (USMC, ETF).

5-Year PerformanceMLPX has outperformed USMC, delivering a return of +20.5% compared to +14.7%

MLPX vs USMC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MLPX(ETF)	USMC(ETF)
Net Assets	$3.50B	$3.50B
Expense Ratio	0.45%	0.12%
Max Drawdown	77.53%	29.97%
Sharpe Ratio	1.32	1.28
5Y Beta	0.48	0.93
P/E Ratio	22.13	28.90
Forward P/E	17.17	20.98
PEG Ratio	N/A	0.50
5Y Dividends CAGR	6.50%	-0.46%
5Y EPS CAGR	19.28%	29.41%
Debt to Equity	N/A	42.86%
P/S Ratio	1.55	5.41
P/B Ratio	3.56	6.95

Net Assets

MLPX

$3.50B

USMC

$3.50B

Expense Ratio

MLPX

0.45%

Winner

USMC

0.12%

Max Drawdown

MLPX

77.53%

Winner

USMC

29.97%

Sharpe Ratio

Winner

MLPX

1.32

USMC

1.28

5Y Beta

Winner

MLPX

0.48

USMC

0.93

P/E Ratio

Winner

MLPX

22.13

USMC

28.90

Forward P/E

Winner

MLPX

17.17

USMC

20.98

PEG Ratio

MLPX

N/A

USMC

0.50

5Y Dividends CAGR

Winner

MLPX

6.50%

USMC

-0.46%

5Y EPS CAGR

MLPX

19.28%

Winner

USMC

29.41%

Debt to Equity

MLPX

N/A

USMC

42.86%

P/S Ratio

Winner

MLPX

1.55

USMC

5.41

P/B Ratio

Winner

MLPX

3.56

USMC

6.95

MLPX vs USMC - Holdings Comparison

MLPX and USMC have 1 common holdings. Overlap is 0.00%

MLPX's top 25 holdings weight is 98.37%. USMC's top 25 holdings weight is 98.06%.

Rank	MLPX	USMC
#1	TC ENERGY CORP (n/a) - 9.25%	NVIDIA CORP (NVDA) - 8.42%
#2	ENBRIDGE INC (n/a) - 9.20%	MICRON TECHNOLOGY INC (MU) - 7.82%
#3	WILLIAMS COMPANIES INC (WMB) - 8.52%	APPLE INC (AAPL) - 6.99%
#4	KINDER MORGAN INC CLASS P (KMI) - 7.76%	ALPHABET INC CLASS A (GOOGL) - 6.08%
#5	ONEOK INC (OKE) - 7.09%	BROADCOM INC (AVGO) - 5.79%
#6	TARGA RESOURCES CORP (TRGP) - 6.74%	MICROSOFT CORP (MSFT) - 5.29%
#7	MPLX LP PARTNERSHIP UNITS (MPLX) - 4.65%	VISA INC CLASS A (V) - 4.05%
#8	PEMBINA PIPELINE CORP (n/a) - 4.60%	JPMORGAN CHASE & CO (JPM) - 3.97%
#9	CHENIERE ENERGY INC (LNG) - 4.59%	AMAZON.COM INC (AMZN) - 3.92%
#10	ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 4.42%	MASTERCARD INC CLASS A (MA) - 3.85%
#11	ENERGY TRANSFER LP (ET) - 4.28%	COSTCO WHOLESALE CORP (COST) - 3.76%
#12	DT MIDSTREAM INC ORDINARY SHARES (DTM) - 4.21%	META PLATFORMS INC CLASS A (META) - 3.73%
#13	WESTERN MIDSTREAM PARTNERS LP (WES) - 3.65%	NETFLIX INC (NFLX) - 3.59%
#14	PLAINS ALL AMERICAN PIPELINE LP (PAA) - 3.62%	BANK OF AMERICA CORP (BAC) - 3.22%
#15	SOUTH BOW CORP (SOBO) - 2.31%	GE AEROSPACE (GE) - 2.95%
#16	ANTERO MIDSTREAM CORP (AM) - 2.07%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 2.90%
#17	VENTURE GLOBAL INC ORDINARY SHARES CLASS A (VG) - 1.95%	ABBVIE INC (ABBV) - 2.86%
#18	ARCHROCK INC (AROC) - 1.79%	JOHNSON & JOHNSON (JNJ) - 2.80%
#19	KODIAK GAS SERVICES INC (KGS) - 1.71%	PROCTER & GAMBLE CO (PG) - 2.61%
#20	HESS MIDSTREAM LP CLASS A (HESM) - 1.47%	CATERPILLAR INC (CAT) - 2.57%
#21	PLAINS GP HOLDINGS LP CLASS A (PAGP) - 1.41%	TESLA INC (TSLA) - 2.28%
#22	CHENIERE ENERGY PARTNERS LP (CQP) - 0.91%	ELI LILLY AND CO (LLY) - 2.27%
#23	KINETIK HOLDINGS INC (KNTK) - 0.79%	CHEVRON CORP (CVX) - 2.20%
#24	USA COMPRESSION PARTNERS LP (USAC) - 0.75%	EXXON MOBIL CORP (XOM) - 2.16%
#25	NGL ENERGY PARTNERS LP (NGL) - 0.63%	WALMART INC (WMT) - 1.98%
Total Holdings	30	28

MLPX vs USMC - Historical Returns

Returns include dividend reinvestment.

Period	MLPX	USMC
1 month	+0.03%	+0.22%
3 months	+4.46%	+10.10%
6 months	+25.73%	+6.70%
1 year	+24.94%	+19.32%
5 years(CAGR)	+20.45%	+14.74%
10 years(CAGR)	+12.65%	+14.89%
Max(CAGR)	+9.42%	+14.89%

MLPX

+0.03%

Winner

USMC

+0.22%

MLPX

+4.46%

Winner

USMC

+10.10%

Winner

MLPX

+25.73%

USMC

+6.70%

Winner

MLPX

+24.94%

USMC

+19.32%

5Y(CAGR)

Winner

MLPX

+20.45%

USMC

+14.74%

10Y(CAGR)

MLPX

+12.65%

Winner

USMC

+14.89%

Max(CAGR)

MLPX

+9.42%

Winner

USMC

+14.89%

MLPX vs USMC - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	MLPX	USMC
2026	+23.88%	+6.97%
2025	+3.04%	+15.84%
2024	+42.39%	+30.19%
2023	+18.35%	+31.46%
2022	+19.17%	-17.74%
2021	+40.65%	+27.40%
2020	-20.33%	+14.89%
2019	+16.66%	+28.26%
2018	-17.62%	-2.42%
2017	-5.44%	+5.48%
2016	+34.69%	N/A
2015	-36.15%	N/A
2014	+17.80%	N/A
2013	+10.09%	N/A

MLPX vs USMC Drawdown Comparison

The maximum drawdown for MLPX was -70.63%, occurring on Mar 18, 2020. Recovery took 1885 trading sessions.

The maximum drawdown for USMC was -29.97%, occurring on Mar 23, 2020. Recovery took 126 trading sessions.

The current MLPX drawdown is -4.43%. The current USMC drawdown is -2.50%.

Rank	MLPX	USMC
#1	-70.63% Sep 5, 2014 - Mar 2, 2022	-29.97% Feb 19, 2020 - Aug 18, 2020
#2	-19.72% Jun 7, 2022 - Aug 9, 2023	-24.11% Dec 29, 2021 - Jul 3, 2023
#3	-16.77% Jan 21, 2025 - Jan 27, 2026	-19.12% Feb 13, 2025 - Jul 3, 2025
#4	-9.48% Nov 29, 2024 - Jan 14, 2025	-16.19% Oct 2, 2018 - Mar 21, 2019
#5	-8.59% Apr 20, 2022 - Jun 1, 2022	-11.01% Jan 29, 2018 - Aug 27, 2018
#6	-7.33% May 19, 2026 - May 29, 2026	-10.30% Oct 29, 2025 - Apr 17, 2026
#7	-6.90% Mar 26, 2026 - Apr 30, 2026	-9.27% Sep 2, 2020 - Dec 1, 2020
#8	-6.39% Jul 22, 2024 - Aug 19, 2024	-9.13% Jul 31, 2023 - Nov 20, 2023
#9	-6.17% Jul 24, 2014 - Aug 15, 2014	-8.38% Jul 10, 2024 - Aug 30, 2024
#10	-5.94% Sep 14, 2023 - Oct 13, 2023	-5.90% Apr 29, 2019 - Jun 18, 2019
#11	-5.51% Mar 4, 2022 - Mar 23, 2022	-5.58% Jul 26, 2019 - Oct 28, 2019
#12	-5.08% Apr 3, 2024 - Apr 29, 2024	-5.44% Mar 20, 2024 - May 15, 2024
#13	-4.88% Dec 1, 2023 - Feb 16, 2024	-5.22% Feb 17, 2021 - Mar 29, 2021
#14	-4.47% Apr 30, 2026 - May 14, 2026	-4.45% Dec 17, 2024 - Jan 23, 2025
#15	-4.11% Oct 16, 2023 - Nov 2, 2023	-4.32% Sep 3, 2021 - Oct 20, 2021

Correlation

Correlation between MLPX and USMC is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2013 - 2026)

MLPX vs USMC dividend yield comparison.

Year	MLPX	USMC
2026	2.02%	0.20%
2025	4.88%	0.79%
2024	4.30%	1.04%
2023	5.22%	1.35%
2022	5.23%	1.78%
2021	5.98%	1.53%
2020	8.32%	1.55%
2019	5.78%	2.01%
2018	5.77%	2.28%
2017	4.36%	0.24%
2016	5.51%	0.00%
2015	4.81%	0.00%
2014	2.15%	0.00%
2013	0.68%	0.00%