MLPX vs FENY: Holdings Overlap
MLPXGlobal X MLP and Energy Infrastructure ETF
Global X · 28 holdings · $3.6B · as of 2026-05-31
FENYFidelity MSCI Energy Index ETF
Fidelity · 98 holdings · $2.0B · as of 2026-04-30
Holdings snapshots are 31 days apart (MLPX: 2026-05-31, FENY: 2026-04-30). 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 MLPX and FENY?
Global X MLP and Energy Infrastructure ETF (MLPX, by Global X) holds 28 positions; Fidelity MSCI Energy Index ETF (FENY, by Fidelity) holds 98. 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
- 14MLPX holds 28 · FENY holds 98
- Weight in Shared Holdings
- MLPX 49%·FENY 15%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 MLPX
14 of 28 positions (50.7% of the fund) are not held by FENY.
Sector Breakdown
| Sector | MLPX | FENY |
|---|---|---|
| Energy | 99.5% | 99.7% |
| 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 |
|---|---|---|---|---|---|---|---|
| MLPX | -3.0% | +23.1% | +25.2% | +25.3% | +22.4% | +11.8% | 3.17% |
| FENY | +5.2% | +30.6% | +40.9% | +13.4% | +22.8% | +9.3% | 2.43% |
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 MLPX vs FENY →
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 | 8.54% | 3.62% | 3.62% |
|---|---|---|---|
 KMIKinder Morgan, Inc. COM | 7.42% | 2.57% | 2.57% |
 LNGCheniere Energy Inc COM NEW | 6.35% | 2.36% | 2.36% |
 OKEOneok Inc. COM | 6.57% | 2.27% | 2.27% |
 TRGPTarga Resources Corp. COM | 4.98% | 2.19% | 2.19% |
 DTMDT Midstream Inc COMMON STOCK | 4.53% | 0.62% | 0.62% |
 AMAntero Midstream Corporation COM | 2.33% | 0.33% | 0.33% |
 AROCArchrock Inc COM | 1.92% | 0.29% | 0.29% |
 KGSKodiak Gas Services Inc. COM | 1.91% | 0.28% | 0.28% |
 PAGPPlains GP Holdings LP | 1.57% | 0.22% | 0.22% |
 HESMHess Midstream LP, Class A | 1.62% | 0.22% | 0.22% |
 KNTKKinetik Holdings Inc COM NEW CL A | 0.63% | 0.13% | 0.13% |
 NEXTNextDecade Corp. COM | 0.39% | 0.09% | 0.09% |
 EEExcelerate Energy, Inc., Class A | 0.34% | 0.06% | 0.06% |
Frequently Asked Questions
How much do MLPX and FENY overlap?
MLPX and FENY overlap by 15.3% of portfolio weight. They share 14 holdings (MLPX holds 28 positions and FENY holds 98), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MLPX and FENY?
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 MLPX and FENY?
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 MLPX own that FENY doesn't?
14 positions (50.7% of MLPX) are unique to MLPX, led by TRP, ENB and PBA. In the other direction, 84 positions (84.4% of FENY) are unique to FENY.