Compare · 3 funds side by side · dividends reinvested

EMLP, PIPE and DRAM

EMLPFirst Trust×PIPEInvesco×DRAMRoundhill×

Story of the three · Growth5Y$10,000 five years agoDividends reinvested · all three on one scale$20,216EMLP · best of the three

02 / 04

EMLP, PIPE and DRAM, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

Invesco SteelPath MLP & Energy Infrastructure ETFThematic · Infrastructure0.75%4.17%+19.5%+27.1%[…][…]−10.3%17.3%$65M1.5

First Trust North American Energy Infrastructure FundThematic · Infrastructure0.95%2.85%+16.1%+18.6%+21.7%+15.1%−7.9%11.2%$4.2B1.6

Roundhill Memory ETFThematic · AI & semis0.65%0.00%[…][…][…][…][…][…]$17.6B2.0

Rank among the three1st → 3rdFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 5, 2026 · returns include dividends · since: EMLP 2012 · PIPE 2025 · DRAM 2026

Head to Head

Swap sides Versus in desk

Head to Head

Invesco SteelPath MLP & Energy Infrastructure ETF · $65M[…]

PIPE

DRAM

Roundhill Memory ETF · $17.6B[…]

$10,000 five years ago, dividends reinvested · they hold 0.0% in common

PIPEMeasureDRAM

+19.5%Year to dateJan 1 → Nov 5[…]

+27.1%1 yearTotal return[…]

[…]3 years · per year[…]

[…]5 years · per year[…]

0.75%Expense ratio$75 · $65 a year on $10k · lower is better0.65%

4.17%Trailing 12-mo yield$417 · $0 a year on $10k0.00%

−10.3%Worst dropSmaller is better[…]

17.3%VolatilityLower is calmer[…]

PIPEDRAM Winner of the row, in its colourEach row: the bigger of the two fills its side

1–1Level

End-of-day Nov 5, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

PIPE vs DRAM: Top 5 Holdings

Today

PIPE

32.9%in top 5

DRAM

in top 574.5%

PIPEStockDRAM

not top 5FGXXX19.9%

not top 5005930.K19.4%

not top 5000660.K16.6%

not top 5912797WN13.0%

8.8%TRGPnot top 5

6.8%PAGPnot top 5

6.1%WMBnot top 5

5.9%TRPnot top 5

not top 5912797VA5.7%

5.4%LNGnot top 5

Held in common0.0%

End-of-day Nov 5, 2026 · share of each fund

PIPE vs DRAM Returns, Every Period

InvescoPIPE

+27.1%

past year

DRAMRoundhill

[…]

past year

Returns […]

PIPEDRAMFaded: behind in that period

0–0Level

End-of-day Nov 5, 2026 · dividends in · faded = behind in that period

PIPE vs EMLP

YTD

InvescoPIPE

+19.5%

EMLPFirst Trust

+16.1%

+19.5%Year to date+16.1%

−10.3%Worst drop · 1Y−7.9%

17.3%Volatility · 1Y11.2%

4.2%Yield2.8%

$65.0MAssets$4.2B

2–2level

End-of-day Nov 5, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: EMLP, PIPE, DRAM

Today

0.65%lowest, DRAM

FundExpense ratioFee$10k

DRAM0.65%$65

PIPE0.75%$75

EMLP0.95%$95

End-of-day Nov 5, 2026 · fee on $10,000 a year

Yields: EMLP, PIPE, DRAM

4.17%highest, PIPE

FundTrailing yieldYield$10k

PIPE4.17%$417

EMLP2.85%$285

DRAM0.00%$0

End-of-day Nov 5, 2026 · trailing 12-month yield

Income After Fees on $10,000

$342most kept, PIPE

PIPE$417 − $75 = $342

EMLP$285 − $95 = $190

DRAM$0 − $65 = −$65

KeptFee

End-of-day Nov 5, 2026 · yield in dollars minus the fee

Overlap: EMLP, PIPE, DRAM

Today

28.1%most shared, EMLP and PIPE

EMLPPIPEDRAM

EMLP—28.1%0.0%

PIPE28.1%—0.0%

DRAM0.0%0.0%—

End-of-day Nov 5, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 3 ETFs

+27.1%PIPE, at 17.3% volatility

EMLPWorst drop−7.9%11.2% vol

PIPEWorst drop−10.3%17.3% vol

DRAMWorst drop[…][…]

End-of-day Nov 5, 2026 · up and left is better

Paid More vs Made More

YTD

PIPEEMLP

+19.5%Year to date+16.1%

4.2%Yield2.8%

+27.1%Past year+18.6%

0.75%Fee0.95%

4–0PIPE wins

End-of-day Nov 5, 2026

Popular Pairs Near These Three

SCHD vs VIG

YTD

SchwabSCHD

+32.3%

VIGVanguard

+12.5%

+32.3%Year to date+12.5%

3.0%Yield1.5%

$123BAssets$109B

2–0SCHD wins

End-of-day Nov 5, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+5.2%

+8.5%Year to date+5.2%

12.2%Yield8.1%

$42.1BAssets$46.1B

2–0JEPQ wins

End-of-day Nov 5, 2026

SPYM vs SPY

YTD

SPDRSPYM

+8.4%

SPYSPDR

+8.3%

+8.4%Year to date+8.3%

1.1%Yield1.0%

$182BAssets$805B

2–0SPYM wins

End-of-day Nov 5, 2026