MLPD vs USMC
Global X MLP & Energy Infrastructure Covered Call ETF vs Principal U.S. Mega-Cap ETF
Which is better, MLPD or USMC?
USMC has been ahead.
USMC has a lower expense ratio. USMC led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MLPD | USMC |
|---|---|---|
| Expense Ratio | 0.60% | 0.12%Best |
| AUM | $26M | $5.2B |
| Dividend Yield | 14.22% | 0.74% |
| Holdings | 8 | 58 |
| YTD Return | +6.66% | +13.94%Best |
| 1Y Return | +12.33% | +14.26%Best |
| 3Y Return (annualized) | - | +22.18% |
| 5Y Return (annualized) | - | +14.65% |
| Volatility (annualized) | 7.4%Best | 11.7% |
| Max Drawdown | -13.8%Best | -19.1% |
| $10,000 over 2.4 years | $12,958 | $15,412Best |
| Fund Family | Global X by mirae Asset | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 7, 2024 | Oct 11, 2017 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 8, 2024 to Oct 15, 2026 (2.4 years).
MLPD vs USMC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.4 years both funds cover.
MLPD vs USMC Performance
Global X MLP & Energy Infrastructure Covered Call ETF (MLPD) is an ETF from Global X by mirae Asset and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year MLPD returned +12.33% while USMC returned +14.26%. Year to date, MLPD is up 6.66% versus a gain of 13.94% for USMC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USMC has been the more volatile fund, with annualized monthly volatility of 11.7% compared with 7.4% for MLPD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.8% for MLPD and -19.1% for USMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.03. They move largely independently of each other.
Fees and Cost Over Time
MLPD charges 0.60% per year while USMC charges 0.12%. On a $10,000 position that is $60 vs $12 annually, a gap of $48 per year that compounds over a long holding period. On income, MLPD currently yields 14.22% against 0.74% for USMC.
Holdings Overlap
We hold position weights for 1 holding in MLPD and 27 in USMC, totalling 100.4% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in MLPD and 27 in USMC, against full books of 8 and 58.
You are not choosing between two funds in isolation.
Whichever of MLPD and USMC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MLPD or USMC?
MLPD has an expense ratio of 0.60% while USMC charges 0.12%. USMC is the cheaper option, by $48 a year on a $10,000 investment.
Which performed better, MLPD or USMC?
Over the past year MLPD returned +12.33% vs +14.26% for USMC, so USMC leads on 1-year performance. Over the longest common window we track (2 years), MLPD annualized +11.40% vs +19.75% for USMC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MLPD or USMC?
USMC has been the more volatile fund at 11.7% annualized versus 7.4% for MLPD. Worst drawdown: MLPD -13.8% vs USMC -19.1%.
Should I hold both MLPD and USMC?
MLPD and USMC have a monthly-return correlation of 0.03, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MLPD or USMC?
MLPD yields 14.22% while USMC yields 0.74%, so MLPD currently pays the higher dividend yield.
Is USMC better than MLPD?
USMC has a lower expense ratio. USMC led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.