Compare · 3 funds side by side · dividends reinvested

PIPE, EMLP and DRAM

PIPEInvesco×EMLPFirst Trust×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

PIPE, EMLP 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: PIPE 2025 · EMLP 2012 · DRAM 2026

Head to Head

Swap sides Versus in desk

Head to Head

Roundhill Memory ETF · $17.6B[…]

DRAM

PIPE

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

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

DRAMMeasurePIPE

[…]Year to dateJan 1 → Nov 5+19.5%

[…]1 yearTotal return+27.1%

[…]3 years · per year[…]

[…]5 years · per year[…]

0.65%Expense ratio$65 · $75 a year on $10k · lower is better0.75%

0.00%Trailing 12-mo yield$0 · $417 a year on $10k4.17%

[…]Worst dropSmaller is better−10.3%

[…]VolatilityLower is calmer17.3%

DRAMPIPE 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

DRAM vs PIPE: Top 5 Holdings

Today

DRAM

74.5%in top 5

PIPE

in top 532.9%

DRAMStockPIPE

19.9%FGXXXnot top 5

19.4%005930.Knot top 5

16.6%000660.Knot top 5

13.0%912797WNnot top 5

not top 5TRGP8.8%

not top 5PAGP6.8%

not top 5WMB6.1%

not top 5TRP5.9%

5.7%912797VAnot top 5

not top 5LNG5.4%

Held in common0.0%

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

DRAM vs PIPE Returns, Every Period

RoundhillDRAM

[…]

past year

PIPEInvesco

+27.1%

past year

Returns […]

DRAMPIPEFaded: behind in that period

0–0Level

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

DRAM vs PIPE

YTD

RoundhillDRAM

[…]

PIPEInvesco

+19.5%

[…]Year to date+19.5%

[…]Worst drop · 1Y−10.3%

[…]Volatility · 1Y17.3%

0.0%Yield4.2%

$17.6BAssets$65.0M

1–0PIPE wins

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

Cost, Income and Risk

Fees: PIPE, EMLP, 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: PIPE, EMLP, 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: PIPE, EMLP, DRAM

Today

28.1%most shared, PIPE and EMLP

PIPEEMLPDRAM

PIPE—28.1%0.0%

EMLP28.1%—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