Data as of .
EIPI vs MLPD: which paid, and which earned it?
Over the year MLPD paid 13.3% of its price in cash against EIPI’s 7.6%, though EIPI returned more with it reinvested.
ETFIQ Return Stability Score: EIPI scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, EIPI and MLPD hold 0% of their money in the same securities at the same weight.
| Only in EIPI | Only in MLPD |
|---|---|
| Enterprise Products Partners L.P. 8.76% | GLOBAL X MLP & ENERGY INFRAS 102.10% |
| Energy Transfer LP 6.86% | CASH 1.05% |
| MPLX LP 4.67% | OTHER PAYABLE & RECEIVABLES -1.02% |
| Kinder Morgan, Inc. 3.88% | 2MLPX US 10/16/2026 C74 -2.13% |
| ExxonMobil Holdings Corp. 3.50% | |
| ONEOK, Inc. 3.12% | |
| US Dollar 2.97% | |
| Shell plc (ADR) 2.90% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| EIPI | MLPD | EIPI | MLPD | EIPI | MLPD | |
| 3 months | +5.1% | +4.2% | 1.7% | 3.0% | −15.4 pts | −16.2 pts |
| 6 months | +4.1% | +4.1% | 3.4% | 5.7% | −5.8 pts | −5.8 pts |
| 1 year | +21.1% | +12.0% | 7.6% | 13.3% | −26.8 pts | −35.8 pts |
| Since launch | +49.1% | +33.5% | 22.6% | 28.2% | +1.2 pts | −14.7 pts |
| EIPI FT Energy Income Partners Enhanced Income ETF Covered call on XLE, paying monthly | MLPD Global X MLP & Energy Infrastructure Covered Call ETF Covered call on XLE, paying monthly | |
|---|---|---|
| Issuer | First Trust | Global X |
| Strategy | covered call | covered call |
| Benchmark | Energy sector (XLE), used as the energy proxy | Energy sector (XLE), used as the energy proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 6.7% | 12.0% |
| Expense ratio | 1.11% | 0.60% |
| Cash paid, 1 year | 7.6% | 13.3% |
| Price change, 1 year | +12.8% | −2.1% |
| Total return, 1 year | +21.1% | +12.0% |
| Benchmark return, 1 year | +47.8% | +47.8% |
| Ahead or behind | −26.8 pts | −35.8 pts |
| Return of capital, latest estimate | not published | 0% |
| Age | 865 days | 863 days |
| Net assets | $1.1bn | $27m |
EIPI in plain words
Over the year to Sep 18, 2026, EIPI paid 7.6% of its starting value in cash distributions while its price rose 12.8%. With every distribution reinvested, the fund returned +21.1%. Energy sector (XLE), used as the energy proxy returned +47.8% over the same days, so a holder was behind by 26.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.7%, paid monthly.
MLPD in plain words
Over the year to Sep 18, 2026, MLPD paid 13.3% of its starting value in cash distributions while its price fell 2.1%. With every distribution reinvested, the fund returned +12.0%. Energy sector (XLE), used as the energy proxy returned +47.8% over the same days, so a holder was behind by 35.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.0%, paid monthly. Global X estimates that 0% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which paid more, EIPI or MLPD?
- Over the year to Sep 18, 2026, EIPI paid 7.6% of its starting price in cash and MLPD paid 13.3%, so MLPD paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, EIPI or MLPD?
- With every distribution reinvested, EIPI returned +21.1% and MLPD returned +12.0% over the year to Sep 18, 2026, so EIPI returned more.
- Which is cheaper, EIPI or MLPD?
- EIPI charges 1.11% a year and MLPD charges 0.60%, so MLPD is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, EIPI against MLPD, data as of Sep 18, 2026. https://etfiq.com/compare/income/eipi-vs-mlpd Free to use with attribution; the underlying files are at Open data.