Compare · 3 funds side by side · dividends reinvested

PIPE, MLPX 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, MLPX 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

Global X - MLP & Energy Infrastructure ETFThematic · Infrastructure0.45%4.29%+22.0%+27.8%+25.1%+18.9%−9.1%17.8%$3.7B2.1

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 · MLPX 2013 · SMH 2011

Head to Head

Swap sides Versus in desk

Head to Head

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

PIPE

MLPX

Global X - MLP & Energy Infrastructure ETF · $3.7B$23,782

$10,000 five years ago, dividends reinvested · they hold 72.1% in common

PIPEMeasureMLPX

+23.7%Year to dateJan 1 → Nov 4+22.0%

+29.9%1 yearTotal return+27.8%

[…]3 years · per year$10,000 became […] · $19,592+25.1%

[…]5 years · per year$10,000 became […] · $23,782+18.9%

0.75%Expense ratio$75 · $45 a year on $10k · lower is better0.45%

4.03%Trailing 12-mo yield$403 · $429 a year on $10k4.29%

−9.1%Worst dropSmaller is better−9.1%

17.0%VolatilityLower is calmer17.8%

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

3–2PIPE 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 MLPX: Top 5 Holdings

Today

PIPE

33.0%in top 5

MLPX

in top 542.5%

PIPEStockMLPX

5.7%TRP9.3%

6.3%WMB9.0%

8.9%TRGP8.1%

not top 5ENB8.9%

not top 5KMI7.3%

6.7%PAGPnot top 5

5.5%LNGnot top 5

Held in common72.1%

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

PIPE vs MLPX Returns, Every Period

InvescoPIPE

+29.9%

past year

MLPXGlobal X

+27.8%

past year

PIPEMLPXFaded: behind in that period

2–0PIPE wins

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

PIPE vs MLPX

YTD

InvescoPIPE

+23.7%

MLPXGlobal X

+22.0%

+23.7%Year to date+22.0%

−9.1%Worst drop · 1Y−9.1%

17.0%Volatility · 1Y17.8%

4.0%Yield4.3%

$64.8MAssets$3.7B

2–1PIPE wins

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

Cost, Income and Risk

Fees: PIPE, MLPX, SMH

Today

0.35%lowest, SMH

FundExpense ratioFee$10k

SMH0.35%$35

MLPX0.45%$45

PIPE0.75%$75

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

Yields: PIPE, MLPX, SMH

4.29%highest, MLPX

FundTrailing yieldYield$10k

MLPX4.29%$429

PIPE4.03%$403

SMH0.22%$22

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

Income After Fees on $10,000

$384most kept, MLPX

MLPX$429 − $45 = $384

PIPE$403 − $75 = $328

SMH$22 − $35 = −$13

KeptFee

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

Overlap: PIPE, MLPX, SMH

Today

72.1%most shared, PIPE and MLPX

PIPEMLPXSMH

PIPE—72.1%0.0%

MLPX72.1%—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

PIPEWorst drop−9.1%17.0% vol

MLPXWorst drop−9.1%17.8% 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

MLPXSMH

+22.0%Year to date+40.0%

4.3%Yield0.2%

+27.8%Past year+38.2%

0.45%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