Better Energy ETF: Global X's MLPX Targeting Oil and Gas Infrastructure vs. Invesco's Solar-Focused TAN
Global X's midstream fund delivered $2,531 on a $1,000 investment over five years, while Invesco's solar play returned just $565 despite higher fees.
The Global X MLP & Energy Infrastructure ETF (MLPX) and the Invesco Solar ETF (TAN) are two distinct investment vehicles catering to different aspects of the energy industry. MLPX offers lower-cost exposure to energy infrastructure, while TAN concentrates on the rapidly evolving solar energy sector. As energy investors evaluate their options, they must consider the stability of midstream infrastructure against the high-growth potential of renewable technologies.
TAN specifically targets pure-play solar manufacturers and installers, whereas MLPX tracks companies involved in the transportation and storage of energy products, resulting in two fundamentally different investment profiles for those seeking to capitalize on global energy trends and transitions. The beta coefficient measures a fund's price volatility in relation to the S&P 500, calculated from monthly returns over the available fund history, up to five years.
The 1-year return indicates the total return over the trailing 12 months. Dividend yield reflects the trailing-12-month distribution yield.
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