ETF comparison

FENY vs MLPX

Both Energy.

Fidelity MSCI Energy Index ETF · Global X MLP & Energy Infrastructure ETF

Holdings overlap

Weighted by ISIN/CUSIP
15.2 %

13 positions appear in both funds. Buying equal dollars of FENY and MLPX would leave roughly 15.2% of each dollar exposed to the same underlying securities.

FENY only 84.7% Shared 15.2% MLPX only 87.3%
In FENY only
86 positions
Shared
13 positions
In MLPX only
15 positions

Side by side

FENY

Fidelity MSCI Energy Index ETF

Fidelity · Energy

73 composite / 100
Expense ratio
0.084%
Net assets
$1.75B
TTM yield
2.48%
Top-10 conc.
63.0%
MLPX

Global X MLP & Energy Infrastructure ETF

Global X · Energy

61 composite / 100
Expense ratio
0.45%
Net assets
$3.48B
TTM yield
4.02%
Top-10 conc.
66.0%

Sub-score comparison

92
Cost
55
81
Tax efficiency
77
67
Liquidity
80
24
Concentration
20
Tracking quality
FENY sub-score MLPX

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

FENY is 37 bps cheaper than MLPX. On a $100,000 position that's about $366/yr more in fees for MLPX.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FENY vs MLPX.

Top shared holdings

13 shared in total
# Holding In FENY In MLPX Overlap
1 Williams Cos Inc/The 3.62% 9.39% 3.62%
2 Kinder Morgan Inc 2.57% 8.24% 2.57%
3 Cheniere Energy Inc 2.36% 6.44% 2.36%
4 ONEOK Inc 2.27% 6.45% 2.27%
5 Targa Resources Corp 2.19% 5.20% 2.19%
6 DT Midstream Inc 0.62% 4.59% 0.62%
7 Antero Midstream Corp 0.33% 2.78% 0.33%
8 Archrock Inc 0.29% 2.26% 0.29%
9 Kodiak Gas Services Inc 0.28% 1.35% 0.28%
10 Plains GP Holdings LP 0.22% 1.65% 0.22%
11 Hess Midstream LP 0.22% 1.87% 0.22%
12 Kinetik Holdings Inc 0.13% 0.68% 0.13%

Only in FENY

86 total
  • Exxon Mobil Corp 21.03%
  • Chevron Corp 14.48%
  • ConocoPhillips 6.09%
  • SLB Ltd 3.31%
  • Valero Energy Corp 3.05%
  • EOG Resources Inc 2.97%
  • Marathon Petroleum Corp 2.94%
  • Phillips 66 2.82%
  • Baker Hughes Co 2.68%
  • Occidental Petroleum Corp 1.77%

Only in MLPX

15 total
  • TC Energy Corporation 8.86%
  • Enbridge Inc. 8.25%
  • PEMBINA PIPELINE CORPORATION 4.36%
  • ENTERPRISE PRODUCTS PARTNERS L.P. 4.26%
  • MPLX LP 4.25%
  • ENERGY TRANSFER LP 4.24%
  • WESTERN MIDSTREAM PARTNERS, LP 3.77%
  • PLAINS ALL AMERICAN PIPELINE, L.P. 3.61%
  • FIDELITY COLCHESTER STR TR MONEY MKT GOV PORT 2.70%
  • South Bow Corporation 2.50%

Open FENY or MLPX at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.