PIPE vs EMLP

APIPE

BEMLP

Measures won2–2level · of 6 · 5Y

$10,000 · 5Y$20,216EMLP · CIBR $17,492

Lowest cost0.58%CIBR · $58 on $10k

Most income4.17%PIPE · $417 on $10k

Smallest drop−7.9%EMLP · worst fall in 1Y

Held in common28.1%PIPE and EMLP

PIPE

EMLP

Invesco SteelPath MLP & Energy Infrastructure ETF · $62MFirst Trust North American Energy Infrastructure Fund · $4.2B

[…]3 years · per year[…] · $18,039+21.7%

[…]5 years · per year[…] · $20,216+15.1%

0.75%Expense ratio$75 · $95 on $10k · lower wins0.95%

4.17%12-mo yield$417 · $285 on $10k2.85%

−10.3%Worst dropSmaller wins−7.9%

17.3%VolatilityLower wins11.2%

2–2Level

$10,000 · 5 yearsAll four, one scale

Shared top holdingsPIPE · EMLP

4.5%ET7.1%

4.3%EPD8.8%

4.0%MPLX4.1%

4.6%KMI3.7%

Held in common28.1%

End-of-day Nov 5, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Four

5Y4 funds

#
1	BEMLP	First Trust North American Energy Infrastructure FundRead Desk	0.95%	2.85%	−1.5%	+16.1%	+18.6%	+21.7%	+15.1%	−7.9%	$4.2B
2	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.43%	−6.5%	+27.7%	+21.3%	+27.4%	+11.8%	−20.6%	$16.9B
3	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.17%	−3.4%	+19.5%	+27.1%	new	new	−10.3%	$62M
4	DRAM	Roundhill Memory ETFRead Desk	0.65%	0.00%	−18.0%	new	new	new	new	[…]	$14.4B

End-of-day Nov 5, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Four

5Y4 funds

#
1	BEMLP	First Trust North American Energy Infrastructure FundRead Desk	0.95%	2.85%	−1.5%	+16.1%	+18.6%	+21.7%	+15.1%	−7.9%	$4.2B
2	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.43%	−6.5%	+27.7%	+21.3%	+27.4%	+11.8%	−20.6%	$16.9B
3	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.17%	−3.4%	+19.5%	+27.1%	new	new	−10.3%	$62M
4	DRAM	Roundhill Memory ETFRead Desk	0.65%	0.00%	−18.0%	new	new	new	new	[…]	$14.4B

End-of-day Nov 5, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

PIPE vs EMLP

PIPE

Invesco SteelPath MLP & Energy Infrastructure

[…]

EMLP

First Trust North American Energy Infrastructure Fund

$20,216

MeasurePIPEEMLP

Fee0.75%0.95%

Cost on $10k a year$75$95

Yield4.17%2.85%

5 years, per year[…]+15.1%

3 years, per year[…]+21.7%

Worst drop · 1Y−10.3%−7.9%

Volatility · 1Y17.3%11.2%

2–2measures won
level

28.1%

holdings shared

Nov 5, 2026 · $10,000 five years ago, dividends reinvested

SCHD vs VIG

YTD

SchwabSCHD

+32.3%

VIGVanguard

+12.5%

+32.3%Year to date+12.5%

3.0%Yield1.5%

$120BAssets$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%

$42.6BAssets$46.8B

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$819B

2–0SPYM wins

End-of-day Nov 5, 2026

Overlap: PIPE, EMLP, CIBR, DRAM

Today

28.1%most shared, PIPE and EMLP

PIPEEMLPCIBRDRAM

PIPE—28.1%0.0%0.0%

EMLP28.1%—0.0%0.0%

CIBR0.0%0.0%—0.0%

DRAM0.0%0.0%0.0%—

End-of-day Nov 5, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$342most kept, PIPE

PIPE$417 − $75 = $342

EMLP$285 − $95 = $190

CIBR$43 − $58 = −$15

DRAM$0 − $65 = −$65

KeptFee

End-of-day Nov 5, 2026 · yield in dollars minus the fee