Compare · 2 funds side by side · dividends reinvested

PIPE and EMLP

PIPEInvesco×EMLPFirst Trust×

Versus in desk

Story of the two · Growth5Y$10,000 five years agoDividends reinvested · both on one scale$20,650EMLP · best of the two

02 / 04

PIPE and EMLP, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

Invesco SteelPath MLP & Energy Infrastructure ETFThematic · Infrastructure0.75%3.84%+29.6%+36.0%[…][…]−9.1%16.5%$65M1.3

First Trust North American Energy Infrastructure FundThematic · Infrastructure0.95%2.77%+19.2%+21.0%+23.2%+15.6%−7.9%11.1%$4.3B1.5

Rank among the two1st → 2ndFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 3, 2026 · returns include dividends · since: PIPE 2025 · EMLP 2012

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 · $4.3B$20,650

$10,000 five years ago, dividends reinvested · they hold 29.0% in common

PIPEMeasureEMLP

+29.6%Year to dateJan 1 → Nov 3+19.2%

+36.0%1 yearTotal return+21.0%

[…]3 years · per year$10,000 became […] · $18,685+23.2%

[…]5 years · per year$10,000 became […] · $20,649+15.6%

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

3.84%Trailing 12-mo yield$384 · $277 a year on $10k2.77%

−9.1%Worst dropSmaller is better−7.9%

16.5%VolatilityLower is calmer11.1%

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

4–2PIPE wins

End-of-day Nov 3, 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 528.3%

PIPEStockEMLP

not top 5EPD8.9%

8.8%TRGPnot top 5

not top 5ET7.5%

6.7%PAGP3.8%

6.2%WMBnot top 5

5.7%TRPnot top 5

5.5%LNGnot top 5

not top 5MPLX4.3%

not top 5KMI3.8%

Held in common29.0%

End-of-day Nov 3, 2026 · share of each fund

PIPE vs EMLP Returns, Every Period

InvescoPIPE

+36.0%

past year

EMLPFirst Trust

+21.0%

past year

PIPEEMLPFaded: behind in that period

2–0PIPE wins

End-of-day Nov 3, 2026 · dividends in · faded = behind in that period

PIPE vs EMLP

YTD

InvescoPIPE

+29.6%

EMLPFirst Trust

+19.2%

+29.6%Year to date+19.2%

−9.1%Worst drop · 1Y−7.9%

16.5%Volatility · 1Y11.1%

3.8%Yield2.8%

$64.8MAssets$4.3B

2–2level

End-of-day Nov 3, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: PIPE, EMLP

Today

0.75%lowest, PIPE

FundExpense ratioFee$10k

PIPE0.75%$75

EMLP0.95%$95

End-of-day Nov 3, 2026 · fee on $10,000 a year

Yields: PIPE, EMLP

3.84%highest, PIPE

FundTrailing yieldYield$10k

PIPE3.84%$384

EMLP2.77%$277

End-of-day Nov 3, 2026 · trailing 12-month yield

Income After Fees on $10,000

$309most kept, PIPE

PIPE$384 − $75 = $309

EMLP$277 − $95 = $182

KeptFee

End-of-day Nov 3, 2026 · yield in dollars minus the fee

Overlap: PIPE, EMLP

Today

29.0%most shared, PIPE and EMLP

PIPEEMLP

PIPE—29.0%

EMLP29.0%—

End-of-day Nov 3, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 2 ETFs

+36.0%PIPE, at 16.5% volatility

EMLPWorst drop−7.9%11.1% vol

PIPEWorst drop−9.1%16.5% vol

End-of-day Nov 3, 2026 · up and left is better

Paid More vs Made More

YTD

PIPEEMLP

+29.6%Year to date+19.2%

3.8%Yield2.8%

+36.0%Past year+21.0%

0.75%Fee0.95%

4–0PIPE wins

End-of-day Nov 3, 2026

Popular Pairs Near These Two

SCHD vs VIG

YTD

SchwabSCHD

+32.8%

VIGVanguard

+14.0%

+32.8%Year to date+14.0%

3.0%Yield1.5%

$121BAssets$109B

2–0SCHD wins

End-of-day Nov 3, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+7.5%

JEPIJ.P. Morgan

+7.0%

+7.5%Year to date+7.0%

12.3%Yield8.0%

$41.8BAssets$46.0B

2–0JEPQ wins

End-of-day Nov 3, 2026

SPYM vs SPY

YTD

SPDRSPYM

+11.5%

SPYSPDR

+11.5%

+11.5%Year to date+11.5%

1.0%Yield1.0%

$185BAssets$798B

0–0level

End-of-day Nov 3, 2026