MPLX LP vs Global X NASDAQ 100 Covered Call ETF — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while Global X NASDAQ 100 Covered Call ETF trades at $17.81. The key difference: MPLX LP pays a 7.54% dividend while Global X NASDAQ 100 Covered Call ETF pays none, and MPLX LP is trading nearer its 52-week high, Global X NASDAQ 100 Covered Call ETF nearer its low. Which is the better fit depends on your goals.
| MPLX | QYLD | |
|---|---|---|
Market Cap | $57.97B | — |
Sector | Technology | Income / Options Overlay |
52-Week High | $59.17 | $18.52 |
52-Week Low | $47.80 | $16.46 |
Enterprise Value | $82.60B | — |
Dividend Yield | 7.54% | — |
Trailing returns across standard periods
Latest headlines on both assets
MPLX LP is a Master Limited Partnership (MLP) formed by Marathon Petroleum Corporation (MPC). It is a diversified, growth-oriented company primarily engaged in the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs), as well as the transportation, storage, and distribution of crude oil and refined petroleum products. MPLX owns and operates a network of midstream energy infrastructure assets, providing essential services to the energy industry across the United States.
Read more on MPLX →QYLD is an ETF that follows a covered call strategy on the NASDAQ 100 Index. The fund holds a long position in the stocks of the NASDAQ 100 and simultaneously writes (sells) call options on the index. The primary goal is to generate monthly income from the option premiums. This strategy can reduce portfolio volatility and provide income, but it limits potential capital appreciation from a significant rise in the NASDAQ 100 Index.
Read more on QYLD →