Compare · 4 funds side by side · dividends reinvested

IPAV, EMLP, PAVE and DRAM

IPAVGlobal X×EMLPFirst Trust×PAVEGlobal X×DRAMRoundhill×

Story of the four · Growth5Y$10,000 five years agoDividends reinvested · all four on one scale$20,285EMLP · best of the four

02 / 04

IPAV, EMLP, PAVE and DRAM, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

First Trust North American Energy Infrastructure FundThematic · Infrastructure0.95%2.82%+17.2%+18.4%+20.7%+15.2%−7.9%11.3%$4.1B1.5

Global X - U.S. Infrastructure Development ETFThematic · Infrastructure0.47%0.81%+11.8%+12.8%+22.3%+14.7%−15.3%21.9%$13.0B2.0

Global X Infrastructure Development ex-U.S. ETFThematic · Infrastructure0.55%1.58%+3.4%+8.8%[…][…]−17.2%19.6%$6M2.5

Roundhill Memory ETFThematic · AI & semis0.65%0.00%[…][…][…][…][…][…]$14.7B3.5

Rank among the four1st → 4thFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 9, 2026 · returns include dividends · since: IPAV 2024 · EMLP 2012 · PAVE 2017 · DRAM 2026

Head to Head

Swap sides Versus in desk

Head to Head

Global X Infrastructure Development ex-U.S. ETF · $6M[…]

IPAV

EMLP

First Trust North American Energy Infrastructure Fund · $4.1B$20,285

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

IPAVMeasureEMLP

+3.4%Year to dateJan 1 → Nov 9+17.2%

+8.8%1 yearTotal return+18.4%

[…]3 years · per year$10,000 became […] · $17,569+20.7%

[…]5 years · per year$10,000 became […] · $20,285+15.2%

0.55%Expense ratio$55 · $95 a year on $10k · lower is better0.95%

1.58%Trailing 12-mo yield$158 · $282 a year on $10k2.82%

−17.2%Worst dropSmaller is better−7.9%

19.6%VolatilityLower is calmer11.3%

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

1–5EMLP wins

End-of-day Nov 9, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

IPAV vs EMLP: Top 5 Holdings

Today

IPAV

17.6%in top 5

EMLP

in top 527.8%

IPAVStockEMLP

not top 5EPD9.0%

not top 5ET7.2%

not top 5MPLX4.4%

3.7%CNR.TOnot top 5

3.7%LT.NSnot top 5

3.7%CP.TOnot top 5

not top 5PAGP3.5%

not top 5KMI3.5%

3.3%HEI.DEnot top 5

3.3%HOLN.SWnot top 5

Held in common0.0%

End-of-day Nov 9, 2026 · share of each fund

IPAV vs EMLP Returns, Every Period

Global XIPAV

+8.8%

past year

EMLPFirst Trust

+18.4%

past year

IPAVEMLPFaded: behind in that period

0–2EMLP wins

End-of-day Nov 9, 2026 · dividends in · faded = behind in that period

IPAV vs EMLP

YTD

Global XIPAV

+3.4%

EMLPFirst Trust

+17.2%

+3.4%Year to date+17.2%

−17.2%Worst drop · 1Y−7.9%

19.6%Volatility · 1Y11.3%

1.6%Yield2.8%

$5.9MAssets$4.1B

4–0EMLP wins

End-of-day Nov 9, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: IPAV, EMLP, PAVE, DRAM

Today

0.47%lowest, PAVE

FundExpense ratioFee$10k

PAVE0.47%$47

IPAV0.55%$55

DRAM0.65%$65

EMLP0.95%$95

End-of-day Nov 9, 2026 · fee on $10,000 a year

Yields: IPAV, EMLP, PAVE, DRAM

2.82%highest, EMLP

FundTrailing yieldYield$10k

EMLP2.82%$282

IPAV1.58%$158

PAVE0.81%$81

DRAM0.00%$0

End-of-day Nov 9, 2026 · trailing 12-month yield

Income After Fees on $10,000

$187most kept, EMLP

EMLP$282 − $95 = $187

IPAV$158 − $55 = $103

PAVE$81 − $47 = $34

DRAM$0 − $65 = −$65

KeptFee

End-of-day Nov 9, 2026 · yield in dollars minus the fee

Overlap: IPAV, EMLP, PAVE, DRAM

Today

4.3%most shared, EMLP and PAVE

IPAVEMLPPAVEDRAM

IPAV—0.0%0.0%0.0%

EMLP0.0%—4.3%0.0%

PAVE0.0%4.3%—0.0%

DRAM0.0%0.0%0.0%—

End-of-day Nov 9, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 4 ETFs

+18.4%EMLP, at 11.3% volatility

EMLPWorst drop−7.9%11.3% vol

IPAVWorst drop−17.2%19.6% vol

PAVEWorst drop−15.3%21.9% vol

DRAMWorst drop[…][…]

End-of-day Nov 9, 2026 · up and left is better

Paid More vs Made More

YTD

EMLPPAVE

+17.2%Year to date+11.8%

2.8%Yield0.8%

+18.4%Past year+12.8%

0.95%Fee0.47%

3–1EMLP wins

End-of-day Nov 9, 2026

Popular Pairs Near These Four

SCHD vs VIG

YTD

SchwabSCHD

+33.2%

VIGVanguard

+14.8%

+33.2%Year to date+14.8%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 9, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+6.6%

JEPIJ.P. Morgan

+7.5%

+6.6%Year to date+7.5%

12.4%Yield7.9%

$40.7BAssets$45.2B

1–1level

End-of-day Nov 9, 2026

SPYM vs SPY

YTD

SPDRSPYM

+11.3%

SPYSPDR

+11.2%

+11.3%Year to date+11.2%

1.0%Yield1.0%

$179BAssets$778B

1–0SPYM wins

End-of-day Nov 9, 2026