Compare · 4 funds side by side · dividends reinvested

EMLP, PIPE, SMH and DRAM

EMLPFirst Trust×PIPEInvesco×SMHVanEck×DRAMRoundhill×

Story of the four · Growth5Y$10,000 five years agoDividends reinvested · all four on one scale$33,824SMH · best of the four

02 / 04

EMLP, PIPE, SMH and DRAM, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

VanEck Semiconductor ETFThematic · AI & semis0.35%0.25%+24.3%+27.3%+48.4%+27.6%−33.1%42.8%$65.4B1.8

Invesco SteelPath MLP & Energy Infrastructure ETFThematic · Infrastructure0.75%4.17%+19.5%+27.1%[…][…]−10.3%17.3%$65M2.0

First Trust North American Energy Infrastructure FundThematic · Infrastructure0.95%2.85%+16.1%+18.6%+21.7%+15.1%−7.9%11.2%$4.2B2.3

Roundhill Memory ETFThematic · AI & semis0.65%0.00%[…][…][…][…][…][…]$17.6B3.0

Rank among the four1st → 4thFee, 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 · SMH 2011 · DRAM 2026

Head to Head

Swap sides Versus in desk

Head to Head

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

PIPE

EMLP

First Trust North American Energy Infrastructure Fund · $4.2B$20,216

$10,000 five years ago, dividends reinvested · they hold 28.1% in common

PIPEMeasureEMLP

+19.5%Year to dateJan 1 → Nov 5+16.1%

+27.1%1 yearTotal return+18.6%

[…]3 years · per year$10,000 became […] · $18,039+21.7%

[…]5 years · per year$10,000 became […] · $20,216+15.1%

0.75%Expense ratio$75 · $95 a year on $10k · lower is better0.95%

4.17%Trailing 12-mo yield$417 · $285 a year on $10k2.85%

−10.3%Worst dropSmaller is better−7.9%

17.3%VolatilityLower is calmer11.2%

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

4–2PIPE wins

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 EMLP: Top 5 Holdings

Today

PIPE

32.9%in top 5

EMLP

in top 527.4%

PIPEStockEMLP

not top 5EPD8.8%

8.8%TRGPnot top 5

not top 5ET7.1%

6.8%PAGP3.6%

6.1%WMBnot top 5

5.9%TRPnot top 5

5.4%LNGnot top 5

not top 5MPLX4.1%

not top 5KMI3.7%

Held in common28.1%

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

PIPE vs EMLP Returns, Every Period

InvescoPIPE

+27.1%

past year

EMLPFirst Trust

+18.6%

past year

PIPEEMLPFaded: behind in that period

2–0PIPE wins

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, SMH, DRAM

Today

0.35%lowest, SMH

FundExpense ratioFee$10k

SMH0.35%$35

DRAM0.65%$65

PIPE0.75%$75

EMLP0.95%$95

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

Yields: EMLP, PIPE, SMH, DRAM

4.17%highest, PIPE

FundTrailing yieldYield$10k

PIPE4.17%$417

EMLP2.85%$285

SMH0.25%$25

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

SMH$25 − $35 = −$10

DRAM$0 − $65 = −$65

KeptFee

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

Overlap: EMLP, PIPE, SMH, DRAM

Today

28.1%most shared, EMLP and PIPE

EMLPPIPESMHDRAM

EMLP—28.1%0.0%0.0%

PIPE28.1%—0.0%0.0%

SMH0.0%0.0%—3.2%

DRAM0.0%0.0%3.2%—

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

Return vs Bumpiness: 4 ETFs

+27.3%SMH, at 42.8% volatility

EMLPWorst drop−7.9%11.2% vol

PIPEWorst drop−10.3%17.3% vol

SMHWorst drop−33.1%42.8% vol

DRAMWorst drop[…][…]

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

Paid More vs Made More

YTD

PIPESMH

+19.5%Year to date+24.3%

4.2%Yield0.2%

+27.1%Past year+27.3%

0.75%Fee0.35%

3–1SMH wins

End-of-day Nov 5, 2026

Popular Pairs Near These Four

SOXX vs SMH

YTD

iSharesSOXX

+31.6%

SMHVanEck

+24.3%

+31.6%Year to date+24.3%

0.33% · $33Fee · on $10k a year0.35% · $35

$42.6BAssets$65.4B

2–0SOXX wins

End-of-day Nov 5, 2026

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