Global X Mlp Etf Profile

MLPX Etf  USD 48.89  0.48  0.99%   

Performance

17 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Global X is trading at 48.89 as of the 28th of March 2024; that is 0.99 percent up since the beginning of the trading day. The etf's open price was 48.41. Global X has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Global X MLP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund invests at least 80 percent of its total assets in the securities of the index. Gx MLP is traded on NYSEARCA Exchange in the United States. More on Global X MLP

Moving together with Global Etf

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  0.93AMZA InfraCap MLP ETFPairCorr
  0.92MLPB UBS AG LondonPairCorr

Global Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Global X's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Global X or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationEnergy ETFs, Sector ETFs, Energy Limited Partnership, Global X Funds (View all Sectors)
IssuerGlobal X
Inception Date2013-08-06
BenchmarkSolactive MLP & Energy Infrastructure Index
Entity TypeRegulated Investment Company
Asset Under Management1.07 Billion
Average Trading Valume96,481.2
Asset TypeEquity
CategorySector
FocusEnergy
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorGlobal X Management Company LLC
AdvisorGlobal X Management Company LLC
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Portfolio ManagerChang Kim, James Ong, Nam To
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents28.0
Market MakerVirtu Financial
Total Expense0.45
Management Fee0.45
Country NameUSA
Returns Y T D9.11
NameGlobal X MLP Energy Infrastructure ETF
Currency CodeUSD
Open FigiBBG004Y67XL7
In Threey Volatility20.08
1y Volatility12.38
200 Day M A43.5256
50 Day M A45.5504
CodeMLPX
Updated At27th of March 2024
Currency NameUS Dollar
Global X MLP [MLPX] is traded in USA and was established 2013-08-06. The fund is listed under Energy Limited Partnership category and is part of Global X Funds family. The entity is thematically classified as Energy ETFs. Global X MLP now have 906.96 M in assets. , while the total return for the last 3 years was 20.6%.
Check Global X Probability Of Bankruptcy

Geographic Allocation (%)

Global X MLP Currency Exposure

Global X MLP holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Global X will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Global X MLP.

Top Global X MLP Etf Constituents

LNGCheniere EnergyStockEnergy
WMBWilliams CompaniesStockEnergy
TRGPTarga ResourcesStockEnergy
OKEONEOK IncStockEnergy
MMPMagellan Midstream PartnersStockEnergy
AMAntero Midstream PartnersStockEnergy
KMIKinder MorganStockEnergy
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Global X Target Price Odds Analysis

Based on a normal probability distribution, the odds of Global X jumping above the current price in 90 days from now is near 1%. The Global X MLP probability density function shows the probability of Global X etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Global X has a beta of 0.7344. This indicates as returns on the market go up, Global X average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Global X MLP will be expected to be much smaller as well. Additionally, global X MLP has an alpha of 0.0539, implying that it can generate a 0.0539 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 48.89HorizonTargetOdds Above 48.89
99.06%90 days
 48.89 
0.92%
Based on a normal probability distribution, the odds of Global X to move above the current price in 90 days from now is near 1 (This Global X MLP probability density function shows the probability of Global Etf to fall within a particular range of prices over 90 days) .

Global X Top Holders

MSTGXMorningstar Global IncomeMutual FundWorld Allocation
MSTQXMorningstar Us EquityMutual FundLarge Blend
RAAXVanEck Inflation AllocationEtfModerate Allocation
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Global X MLP Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Global X market risk premium is the additional return an investor will receive from holding Global X long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Global X's alpha and beta are two of the key measurements used to evaluate Global X's performance over the market, the standard measures of volatility play an important role as well.

Global X Against Markets

Picking the right benchmark for Global X etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Global X etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Global X is critical whether you are bullish or bearish towards Global X MLP at a given time. Please also check how Global X's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Global X without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Global Etf?

Before investing in Global X, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Global X. To buy Global X etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Global X. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Global X etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Global X MLP etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Global X MLP etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Global X MLP, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Global Etf please use our How to Invest in Global X guide.

Already Invested in Global X MLP?

The danger of trading Global X MLP is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Global X is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Global X. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Global X MLP is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Global X MLP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global X's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global X Mlp Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Global X Mlp Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Global X MLP. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Global X's price analysis, check to measure Global X's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global X is operating at the current time. Most of Global X's value examination focuses on studying past and present price action to predict the probability of Global X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global X's price. Additionally, you may evaluate how the addition of Global X to your portfolios can decrease your overall portfolio volatility.
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The market value of Global X MLP is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.