FENY vs MLPX: Holdings Overlap
FENYFidelity MSCI Energy Index ETF
Fidelity · 98 holdings · $2.0B · as of 2026-04-30
MLPXGlobal X MLP and Energy Infrastructure ETF
Global X · 28 holdings · $3.6B · as of 2026-05-31
Holdings snapshots are 31 days apart (FENY: 2026-04-30, MLPX: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are FENY and MLPX?
Fidelity MSCI Energy Index ETF (FENY, by Fidelity) holds 98 positions; Global X MLP and Energy Infrastructure ETF (MLPX, by Global X) holds 28. They have 14 holdings in common, and by portfolio weight the two funds are 15.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 14FENY holds 98 · MLPX holds 28
- Weight in Shared Holdings
- FENY 15%·MLPX 49%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in FENY
84 of 98 positions (84.4% of the fund) are not held by MLPX. Showing the top 30 by weight.
Sector Breakdown
| Sector | FENY | MLPX |
|---|---|---|
| Energy | 99.7% | 99.5% |
| Other Sectors | 0.0% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FENY | +5.2% | +30.6% | +40.9% | +13.4% | +22.8% | +9.3% | 2.43% |
| MLPX | -3.0% | +23.1% | +25.2% | +25.3% | +22.4% | +11.8% | 3.17% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in FENY vs MLPX →
Shared Holdings(14)
The top 10 shared positions account for 97% of the overlap, led by WMB, KMI and LNG.
 WMBWilliams Companies Inc. (The) COM | 3.62% | 8.54% | 3.62% |
|---|---|---|---|
 KMIKinder Morgan, Inc. COM | 2.57% | 7.42% | 2.57% |
 LNGCheniere Energy Inc COM NEW | 2.36% | 6.35% | 2.36% |
 OKEOneok Inc. COM | 2.27% | 6.57% | 2.27% |
 TRGPTarga Resources Corp. COM | 2.19% | 4.98% | 2.19% |
 DTMDT Midstream Inc COMMON STOCK | 0.62% | 4.53% | 0.62% |
 AMAntero Midstream Corporation COM | 0.33% | 2.33% | 0.33% |
 AROCArchrock Inc COM | 0.29% | 1.92% | 0.29% |
 KGSKodiak Gas Services Inc. COM | 0.28% | 1.91% | 0.28% |
 PAGPPlains GP Holdings LP | 0.22% | 1.57% | 0.22% |
 HESMHess Midstream LP, Class A | 0.22% | 1.62% | 0.22% |
 KNTKKinetik Holdings Inc COM NEW CL A | 0.13% | 0.63% | 0.13% |
 NEXTNextDecade Corp. COM | 0.09% | 0.39% | 0.09% |
 EEExcelerate Energy, Inc., Class A | 0.06% | 0.34% | 0.06% |
Frequently Asked Questions
How much do FENY and MLPX overlap?
FENY and MLPX overlap by 15.3% of portfolio weight. They share 14 holdings (FENY holds 98 positions and MLPX holds 28), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FENY and MLPX?
The two portfolios are 15.3% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of FENY and MLPX?
The largest positions held by both funds are WMB, KMI, LNG, OKE and TRGP. Together the top 10 shared positions account for 97% of the total overlap.
What does FENY own that MLPX doesn't?
84 positions (84.4% of FENY) are unique to FENY, led by XOM, CVX and COP. In the other direction, 14 positions (50.7% of MLPX) are unique to MLPX.