What is FTXN?
FTXN was created on 2016-09-20 by First Trust. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 123.37m in AUM and 42 holdings. FTXN tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility", value and growth factors.
What is MLPA?
MLPA was created on 2012-04-18 by Global X. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 1645.94m in AUM and 20 holdings. MLPA tracks a market-cap-weighted index of US-listed midstream MLPs", and is structured as a C-corporation.
Key Details
Sep 20, 2016
Apr 18, 2012
Equity
Equity
Energy
Energy
Holdings
Traded Fund III First Trust Nasdaq Oil & Gas ETF - FTXN is made up of 41 holdings. Global X MLP ETF - MLPA is made up of 20 holdings.
Name | Weight |
|---|---|
8.42% | |
C COPConocoPhillips | 8.17% |
C CVXChevron Corp. | 8.15% |
7.93% | |
6.94% | |
4.22% | |
3.82% | |
3.8% | |
3.77% | |
3.76% | |
3.57% | |
O OKEONEOK, Inc. | 3.13% |
P PSXPhillips 66 | 2.5% |
H HALHalliburton Co. | 2.43% |
2.32% | |
O OVVOvintiv, Inc. | 2.23% |
A APAAPA Corp. | 2.19% |
E EQTEQT Corp. | 2.14% |
2.13% | |
B BKRBaker Hughes Co. | 2.07% |
C CTRACoterra Energy, Inc. | 1.97% |
1.68% | |
1.36% | |
C CHRDChord Energy Corp. | 1.3% |
0.99% | |
0.88% | |
0.82% | |
N NOVNOV, Inc. | 0.8% |
0.64% | |
0.64% | |
Name | Weight |
|---|---|
12.27% | |
11.97% | |
M MPLXMPLX LP | 11.79% |
9.64% | |
9.09% | |
S SUNSunoco LP | 8.69% |
H HESMHess Midstream LP | 8.41% |
7.93% | |
5.59% | |
4.37% | |
4.13% | |
4.02% | |
2.05% | |
E ENLCONEOK, Inc. | 0% |
0% | |
0% | |
S SGUStar Group LP | 0% |
0% | |
0% | |
U USDPUSD Partners LP | 0% |
Stock Correlation
The stocks that are correlated to FTXN - Traded Fund III First Trust Nasdaq Oil & Gas ETF are OVV, DVN, MGY, MTDR, FANG
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
O OVVOvintiv, Inc. | 91.67% | $8.26B | -42.18% | 3.78% |
| 91.66% | $18.01B | -48.37% | 4.03% | |
| 91.10% | $3.81B | -26.75% | 2.73% | |
| 91.07% | $4.74B | -45.60% | 2.53% | |
| 90.63% | $35.65B | -40.55% | 4.19% | |
H HALHalliburton Co. | 90.04% | $17.47B | -50.49% | 3.34% |
C COPConocoPhillips | 89.91% | $105.29B | -37.34% | 3.73% |
C CHRDChord Energy Corp. | 89.89% | $5.11B | -54.17% | 9.54% |
| 89.23% | $7.43B | -40.71% | 5.26% | |
| 88.91% | $2.15B | -49.06% | 7.71% | |
M MURMurphy Oil Corp. | 88.08% | $2.85B | -58.13% | 6.11% |
| 87.97% | $57.70B | -23.79% | 3.51% | |
| 87.77% | $34.27B | -47.34% | 2.46% | |
H HESHess Corp. | 87.17% | $39.33B | -19.34% | 1.52% |
C CVXChevron Corp. | 86.64% | $236.18B | -16.62% | 4.86% |
| 86.43% | $2.16B | -52.71% | 5.72% | |
| 86.26% | $2.43B | -58.92% | 3.54% | |
A APAAPA Corp. | 85.93% | $5.32B | -57.56% | 6.89% |
| 84.88% | $2.47B | -63.45% | 7.44% | |
| 84.63% | $44.25B | -39.74% | 3.39% | |
The stocks that are correlated to MLPA - Global X MLP ETF are MPLX, ET, PAA, PAGP, USAC
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
M MPLXMPLX LP | 82.61% | $48.48B | +15.35% | 7.60% |
| 81.69% | $54.59B | +1.47% | 8.01% | |
| 81.54% | $11.68B | -7.68% | 8.02% | |
| 81.41% | $3.51B | -6.43% | 0.00% | |
| 79.60% | $2.70B | -11.57% | 9.21% | |
| 79.50% | $62.70B | -0.92% | 7.17% | |
H HESMHess Midstream LP | 78.85% | $4.12B | -1.29% | 7.70% |
| 78.34% | - | - | 8.53% | |
| 74.85% | $13.69B | +1.47% | 9.69% | |
O OKEONEOK, Inc. | 74.22% | $50.74B | +2.39% | 4.89% |
| 73.33% | $35.34B | +40.84% | 1.83% | |
| 72.75% | $7.60B | +13.19% | 5.66% | |
| 72.21% | $67.22B | +42.67% | 3.49% | |
| 71.65% | $2.61B | +8.88% | 7.11% | |
A AROCArchrock, Inc. | 70.65% | $3.92B | +8.62% | 3.14% |
| 70.38% | $57.31B | +40.55% | 4.43% | |
| 70.26% | $27.61B | +21.31% | 5.68% | |
S SUNSunoco LP | 70.12% | $7.09B | -3.84% | 6.75% |
| 67.45% | $1.09B | -27.69% | 14.45% | |
| 67.24% | $4.74B | -45.60% | 2.53% | |
ETF Correlation
The ETFs that are correlated to FTXN - Traded Fund III First Trust Nasdaq Oil & Gas ETF are RSPG, VDE, FENY, IYE, XLE
The ETFs that are correlated to MLPA - Global X MLP ETF are AMLP, MLPX, TPYP, EMLP, IGE
Name | Correlation | AUM | Expense Ratio | |
|---|---|---|---|---|
A AMLPAlerian MLP ETF | 94.03% | $9.79B | 0.85% | |
| 85.56% | $2.51B | 0.45% | ||
| 84.32% | $690.58M | 0.4% | ||
| 82.68% | $3.03B | 0.96% | ||
| 76.35% | $591.78M | 0.41% | ||
| 75.91% | $449.00M | 0.4% | ||
| 74.77% | $324.18M | 0.6% | ||
| 74.71% | $431.65M | 0.75% | ||
| 74.48% | $128.99M | 0.6% | ||
| 74.12% | $284.95M | 0.62% | ||
| 73.42% | $1.37B | 0.084% | ||
| 73.39% | $1.16B | 0.39% | ||
| 73.39% | $603.44M | 0.45% | ||
| 73.36% | $6.73B | 0.09% | ||
| 72.90% | $249.71M | 0.52% | ||
| 72.66% | $28.08B | 0.09% | ||
| 72.45% | $1.91B | 0.35% | ||
| 71.92% | $1.61B | 0.41% | ||
| 71.59% | $124.25M | 0.4% | ||
| 71.54% | $75.12M | 0.63% | ||
Holding Overlap
FTXN - Traded Fund III First Trust Nasdaq Oil & Gas ETF and MLPA - Global X MLP ETF have a 1 holding overlap. Which accounts for a 0.0% overlap.
Number of overlapping holdings
1
% of overlapping holdings
0%
Name | Weight in FTXN | Weight in MLPA |
|---|---|---|
| 3.13% | 0.00% |
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Global X MLP ETF offers a 6.82% trailing 12-month yield, solid liquidity, and competitive cost. Learn why MLPA is a Hold.
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For MLPs, div yields have been fairly stable but buyback yields have contracted. For midstream, strong performance compressed buyback and div. yields but repurchases & div growth are strong.
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Focusing on dividends or total return are two distinct strategies that offer their own set of pros and cons.
MLPADisclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.
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