MLPX vs TPYP
Global X MLP & Energy Infrastructure ETF compared with Tortoise North American Pipeline Fund on yield, payout growth, payment schedule, cost and risk.
MLPX
Global X MLP & Energy Infrastructure ETF
TTM yield · Quarterly
TPYP
Tortoise North American Pipeline Fund
TTM yield · Quarterly
Quick take
- MLPX yields more today: 3.96% vs 3.21% (forward).
- MLPX has grown its payout faster: 7.3%/yr vs 6.0%/yr over the last 5 years.
- Both pay every quarter.
- Over the last year MLPX delivered the higher total return: +29.3% vs +25.5% (price change plus payouts).
- TPYP is cheaper to own: 0.40% vs 0.45% expense ratio.
- TPYP has the steadier distribution: consistency 95/100 vs 60/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | MLPX | TPYP |
|---|---|---|
| Share price | $76.53 | $43.64 |
| TTM yield | 4.00% | 3.14% |
| Forward yield | 3.96% | 3.21% |
| Annual payout per share | $3.028 | $1.40 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Nov 8, 2026 (est.) | Sep 24, 2026 (est.) |
| Expense ratio | 0.45% | 0.40% |
| 1-year payout growth | +7.7% | -1.0% |
| 5-year payout CAGR | +7.3% | +6.0% |
| Consecutive years of increases | 1 year | 0 years |
| Payout consistency (last 12) | 60/100 | 95/100 |
| 1-year total return | +29.3% | +25.5% |
| 1-year price return | +24.3% | +21.7% |
| Size (market cap / AUM) | 3.7B | 894.5M |
| Years paying | 12.8 | 10.7 |
| Sector / category | Energy Limited Partnership | Energy Limited Partnership |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| MLPX | TPYP | |
|---|---|---|
| Shares | 130.7 | 229.1 |
| Income per year | $396 | $321 |
| Income per month (avg) | $33 | $27 |
At forward yields, before taxes. Model MLPX · Model TPYP
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| MLPX Nov 8, 2026 | Nov 22, 2026 | $0.757 | Est. |
| MLPX Feb 6, 2027 | Feb 20, 2027 | $0.757 | Est. |
| MLPX May 7, 2027 | May 21, 2027 | $0.757 | Est. |
| TPYP Sep 24, 2026 | Oct 8, 2026 | $0.35 | Est. |
| TPYP Dec 24, 2026 | Jan 7, 2027 | $0.35 | Est. |
| TPYP Mar 25, 2027 | Apr 8, 2027 | $0.35 | Est. |
Annual payouts per share
MLPXTPYP
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, MLPX or TPYP?
MLPX currently has the higher trailing yield: MLPX yields 4.00% and TPYP yields 3.14%. Yield changes daily with price, so check the live figures above.
How often do MLPX and TPYP pay?
MLPX pays every quarter and TPYP pays every quarter. MLPX's next ex-date is Nov 8, 2026 and TPYP's is Sep 24, 2026.
Which has grown its dividend faster, MLPX or TPYP?
MLPX has grown its payout faster: 7.3%/yr vs 6.0%/yr over the last 5 years.
Is MLPX or TPYP better for income?
It depends on what you are optimising for. MLPX and TPYP differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.