Compare · 3 funds side by side · dividends reinvested

PIPE, EMLP and SMH

Story of the three · Growth5Y$10,000 five years agoDividends reinvested · all three on one scale$38,820SMH · best of the three

02 / 04

PIPE, EMLP and SMH, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

VanEck Semiconductor ETFThematic · AI & semis0.35%0.22%+40.0%+38.2%+54.7%+31.2%−24.6%41.2%$65.8B1.8

Invesco SteelPath MLP & Energy Infrastructure ETFThematic · Infrastructure0.75%4.03%+23.7%+29.9%[…][…]−9.1%17.0%$65M1.8

First Trust North American Energy Infrastructure FundThematic · Infrastructure0.95%2.80%+17.9%+19.8%+22.6%+15.6%−7.9%11.1%$4.3B2.1

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

End-of-day Nov 4, 2026 · returns include dividends · since: PIPE 2025 · EMLP 2012 · SMH 2011

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$20,628

$10,000 five years ago, dividends reinvested · they hold 28.4% in common

PIPEMeasureEMLP

+23.7%Year to dateJan 1 → Nov 4+17.9%

+29.9%1 yearTotal return+19.8%

[…]3 years · per year$10,000 became […] · $18,412+22.6%

[…]5 years · per year$10,000 became […] · $20,628+15.6%

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

4.03%Trailing 12-mo yield$403 · $280 a year on $10k2.80%

−9.1%Worst dropSmaller is better−7.9%

17.0%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 4, 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

33.0%in top 5

EMLP

in top 527.8%

PIPEStockEMLP

not top 5EPD8.9%

8.9%TRGPnot top 5

not top 5ET7.3%

6.7%PAGP3.7%

6.3%WMBnot top 5

5.7%TRPnot top 5

5.5%LNGnot top 5

not top 5MPLX4.2%

not top 5KMI3.8%

Held in common28.4%

End-of-day Nov 4, 2026 · share of each fund

PIPE vs EMLP Returns, Every Period

InvescoPIPE

+29.9%

past year

EMLPFirst Trust

+19.8%

past year

PIPEEMLPFaded: behind in that period

2–0PIPE wins

End-of-day Nov 4, 2026 · dividends in · faded = behind in that period

PIPE vs EMLP

YTD

InvescoPIPE

+23.7%

EMLPFirst Trust

+17.9%

+23.7%Year to date+17.9%

−9.1%Worst drop · 1Y−7.9%

17.0%Volatility · 1Y11.1%

4.0%Yield2.8%

$64.8MAssets$4.3B

2–2level

End-of-day Nov 4, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: PIPE, EMLP, SMH

Today

0.35%lowest, SMH

FundExpense ratioFee$10k

SMH0.35%$35

PIPE0.75%$75

EMLP0.95%$95

End-of-day Nov 4, 2026 · fee on $10,000 a year

Yields: PIPE, EMLP, SMH

4.03%highest, PIPE

FundTrailing yieldYield$10k

PIPE4.03%$403

EMLP2.80%$280

SMH0.22%$22

End-of-day Nov 4, 2026 · trailing 12-month yield

Income After Fees on $10,000

$328most kept, PIPE

PIPE$403 − $75 = $328

EMLP$280 − $95 = $185

SMH$22 − $35 = −$13

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee

Overlap: PIPE, EMLP, SMH

Today

28.4%most shared, PIPE and EMLP

PIPEEMLPSMH

PIPE—28.4%0.0%

EMLP28.4%—0.0%

SMH0.0%0.0%—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 3 ETFs

+38.2%SMH, at 41.2% volatility

EMLPWorst drop−7.9%11.1% vol

PIPEWorst drop−9.1%17.0% vol

SMHWorst drop−24.6%41.2% vol

End-of-day Nov 4, 2026 · up and left is better

Paid More vs Made More

YTD

PIPESMH

+23.7%Year to date+40.0%

4.0%Yield0.2%

+29.9%Past year+38.2%

0.75%Fee0.35%

3–1SMH wins

End-of-day Nov 4, 2026

Popular Pairs Near These Three

SOXX vs SMH

YTD

iSharesSOXX

+49.8%

SMHVanEck

+40.0%

+49.8%Year to date+40.0%

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

$44.3BAssets$65.8B

2–0SOXX wins

End-of-day Nov 4, 2026

SCHD vs VIG

YTD

SchwabSCHD

+35.3%

VIGVanguard

+16.4%

+35.3%Year to date+16.4%

2.9%Yield1.4%

$121BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+8.8%

+8.5%Year to date+8.8%

12.2%Yield7.8%

$41.8BAssets$46.0B

1–1level

End-of-day Nov 4, 2026