Energy Infrastructure Income or Clean Energy Growth? MLPX vs. ICLN
Key takeaways
- Investors choosing between these funds are deciding between two distinct ends of the power spectrum.
- Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns.
- iShares Global Clean Energy ETF is slightly more affordable with a 0.39% expense ratio.
ICLN ^GSPC Global X MLP & Energy Infrastructure ETF (NYSEMKT:MLPX) offers higher income and lower volatility through traditional energy infrastructure, whereas i Shares Global Clean Energy ETF (NASDAQ:ICLN) provides volatile, growth-oriented exposure to international renewables.
Investors choosing between these funds are deciding between two distinct ends of the power spectrum. While MLPX targets stable cash flows from pipelines and storage, ICLN bets on the long-term transition toward solar, wind, and sustainable power technologies across global markets.
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.