Global X MLP & Energy Infrastructure Covered… (MLPD) Performance
MLPD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.9% since Dec 31, 2025
- 1 year
- +14.4% total return
- Since first price
- +33.2% since 2024
MLPD trailing returns vs SPY, QQQ, AGG
| Period | MLPD total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.8% | −0.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.4% | −1.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.4% | −0.8% | +7.8% | +8.4% | −1.5% |
| YTD | +8.9% | −1.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.4% | −0.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionMay 8, 2024 | +33.2% | −1.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: MLPD vs SPY
From May 8, 2024: MLPD grew to $13,324, SPY to $15,128.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MLPD returns by calendar year
1 of 1 full years positive. Best 2025 (+11.8%), worst 2025 (+11.8%). 2026 is year to date.
MLPD annual returns table
| Year | MLPD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.9% | −4.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.8% | −12.9% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
MLPD largest drawdowns
Now 0.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 2, 2025 | −12.9% | Apr 8, 2025 | Jun 3, 2025 | 6 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MLPD risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +11.1% |
| Volatility (annualized) | 7.5% |
| Sharpe ratio | 0.90 |
| Sortino ratio | 1.30 |
| Best month | +4.0% |
| Worst month | −4.0% |
| Best 12 months | +20.7% |
| Worst 12 months | +6.2% |
| Positive months | 79% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
MLPD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 18 | +6.2% | +12.8% | +20.7% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
MLPD performance overview
Global X MLP & Energy Infrastructure Covered… (MLPD) returned +14.4% over the past year, with distributions reinvested. Since its first recorded price on May 8, 2024 it has returned +33.2%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −12.9%, from Apr 2, 2025 to Apr 8, 2025, and it took 56 days to get back to the old high. Volatility has been 7.5% a year.
Related: MLPD chart, MLPD dividends. See the MLPD overview for the latest quote and fund facts.
MLPD performance FAQ
What is the MLPD return over the past year?
MLPD returned +14.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.2%.
How much would $10,000 invested in MLPD be worth?
$10,000 invested in MLPD at its first recorded close on May 8, 2024 would be worth about $13,324 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of MLPD?
The largest peak-to-trough decline was −12.9% between April 2, 2025 and April 8, 2025. It recovered to the old high on June 3, 2025, 56 days after the bottom.
How volatile is MLPD?
Over the past history MLPD had an annualized volatility of 7.5% and a Sharpe ratio of 0.90 (excess return over 1–3 month T-bills per unit of risk).