Compare · 4 funds side by side · dividends reinvested

PIPE, MLPX, SMH and IGV

PIPEInvesco×MLPXGlobal X×SMHVanEck×IGViShares×

Story of the four · Growth5Y$10,000 five years agoDividends reinvested · all four on one scale$36,298SMH · best of the four

02 / 04

PIPE, MLPX, SMH and IGV, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

VanEck Semiconductor ETFThematic · AI & semis0.35%0.23%+35.3%+39.3%+50.1%+29.4%−33.1%43.1%$60.7B1.9

Global X - MLP & Energy Infrastructure ETFThematic · Infrastructure0.45%4.42%+19.3%+24.6%+22.3%+18.4%−10.0%18.0%$3.4B2.1

Invesco SteelPath MLP & Energy Infrastructure ETFThematic · Infrastructure0.75%4.11%+21.3%+27.0%[…][…]−10.7%17.4%$60M2.2

iShares Expanded Tech-Software Sector ETFThematic · Disruptive tech0.38%0.02%−4.0%−7.2%+13.6%+3.0%−33.2%32.9%$12.8B3.4

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: PIPE 2025 · MLPX 2013 · SMH 2011 · IGV 2001

Head to Head

Swap sides Versus in desk

Head to Head

Invesco SteelPath MLP & Energy Infrastructure ETF · $60M[…]

PIPE

MLPX

Global X - MLP & Energy Infrastructure ETF · $3.4B$23,234

$10,000 five years ago, dividends reinvested · they hold 72.4% in common

PIPEMeasureMLPX

+21.3%Year to dateJan 1 → Nov 9+19.3%

+27.0%1 yearTotal return+24.6%

[…]3 years · per year$10,000 became […] · $18,287+22.3%

[…]5 years · per year$10,000 became […] · $23,234+18.4%

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

4.11%Trailing 12-mo yield$411 · $442 a year on $10k4.42%

−10.7%Worst dropSmaller is better−10.0%

17.4%VolatilityLower is calmer18.0%

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

3–3Level

End-of-day Nov 9, 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

32.6%in top 5

MLPX

in top 542.7%

PIPEStockMLPX

6.0%TRP9.8%

not top 5ENB9.2%

6.0%WMB8.7%

8.5%TRGP7.8%

not top 5KMI7.2%

6.7%PAGPnot top 5

5.3%LNGnot top 5

Held in common72.4%

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

PIPE vs MLPX Returns, Every Period

InvescoPIPE

+27.0%

past year

MLPXGlobal X

+24.6%

past year

PIPEMLPXFaded: behind in that period

2–0PIPE wins

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

PIPE vs MLPX

YTD

InvescoPIPE

+21.3%

MLPXGlobal X

+19.3%

+21.3%Year to date+19.3%

−10.7%Worst drop · 1Y−10.0%

17.4%Volatility · 1Y18.0%

4.1%Yield4.4%

$60.1MAssets$3.4B

2–2level

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

Cost, Income and Risk

Fees: PIPE, MLPX, SMH, IGV

Today

0.35%lowest, SMH

FundExpense ratioFee$10k

SMH0.35%$35

IGV0.38%$38

MLPX0.45%$45

PIPE0.75%$75

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

Yields: PIPE, MLPX, SMH, IGV

4.42%highest, MLPX

FundTrailing yieldYield$10k

MLPX4.42%$442

PIPE4.11%$411

SMH0.23%$23

IGV0.02%$2

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

Income After Fees on $10,000

$397most kept, MLPX

MLPX$442 − $45 = $397

PIPE$411 − $75 = $336

SMH$23 − $35 = −$12

IGV$2 − $38 = −$36

KeptFee

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

Overlap: PIPE, MLPX, SMH, IGV

Today

72.4%most shared, PIPE and MLPX

PIPEMLPXSMHIGV

PIPE—72.4%0.0%0.0%

MLPX72.4%—0.0%0.0%

SMH0.0%0.0%—4.8%

IGV0.0%0.0%4.8%—

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

Return vs Bumpiness: 4 ETFs

+39.3%SMH, at 43.1% volatility

PIPEWorst drop−10.7%17.4% vol

MLPXWorst drop−10.0%18.0% vol

IGVWorst drop−33.2%32.9% vol

SMHWorst drop−33.1%43.1% vol

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

Paid More vs Made More

YTD

MLPXSMH

+19.3%Year to date+35.3%

4.4%Yield0.2%

+24.6%Past year+39.3%

0.45%Fee0.35%

3–1SMH wins

End-of-day Nov 9, 2026

Popular Pairs Near These Four

SOXX vs SMH

YTD

iSharesSOXX

+46.5%

SMHVanEck

+35.3%

+46.5%Year to date+35.3%

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

$37.5BAssets$60.7B

2–0SOXX wins

End-of-day Nov 9, 2026

SCHD vs VIG

YTD

SchwabSCHD

+33.2%

VIGVanguard

+14.8%

+33.2%Year to date+14.8%

3.0%Yield1.5%

$122BAssets$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