MPLX LP vs ABRDN Physical Gold Shares ETF — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while ABRDN Physical Gold Shares ETF trades at $38.89. The key difference: MPLX LP pays a 7.54% dividend while ABRDN Physical Gold Shares ETF pays none, and MPLX LP is trading nearer its 52-week high, ABRDN Physical Gold Shares ETF nearer its low. Which is the better fit depends on your goals.
| MPLX | SGOL | |
|---|---|---|
Market Cap | $57.97B | — |
Sector | Technology | Commodities - Metals/Agriculture |
52-Week High | $59.17 | $51.41 |
52-Week Low | $47.80 | $31.18 |
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 →SGOL is an ETF that is designed to track the performance of the price of gold bullion. The fund is backed by physical gold held in secured vaults, which is allocated to the ETF's custodian account. By providing direct ownership of gold without the need for physical storage or insurance, SGOL offers investors a convenient and cost-effective way to gain exposure to the gold market.
Read more on SGOL →