PIPE vs MLPX

APIPE

BMLPX

Measures won1–3MLPX wins · of 6 · 5Y

$10,000 · 5Y$23,364MLPX · CIBR $17,242

Lowest cost0.45%MLPX · $45 on $10k

Most income4.44%MLPX · $444 on $10k

Smallest drop−10.0%MLPX · worst fall in 1Y

Held in common72.0%PIPE and MLPX

PIPE

MLPX

Invesco SteelPath MLP & Energy Infrastructure ETF · $62MGlobal X - MLP & Energy Infrastructure ETF · $3.6B

[…]3 years · per year[…] · $18,613+23.0%

[…]5 years · per year[…] · $23,364+18.5%

0.75%Expense ratio$75 · $45 on $10k · lower wins0.45%

4.18%12-mo yield$418 · $444 on $10k4.44%

−10.7%Worst dropSmaller wins−10.0%

17.3%VolatilityLower wins17.9%

1–3MLPX wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsPIPE · MLPX

8.7%TRGP7.9%

6.1%TRP9.8%

6.0%WMB8.5%

5.0%OKE6.3%

Held in common72.0%

End-of-day Nov 6, 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	BMLPX	Global X - MLP & Energy Infrastructure ETFRead Desk	0.45%	4.44%	−0.9%	+17.9%	+23.7%	+23.0%	+18.5%	−10.0%	$3.6B
2	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.43%	0.0%	+27.7%	+21.1%	+27.4%	+11.5%	−20.6%	$16.9B
3	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.18%	−0.4%	+19.1%	+25.4%	new	new	−10.7%	$62M
4	DRAM	Roundhill Memory ETFRead Desk	0.65%	0.00%	+6.2%	new	new	new	new	[…]	$14.4B

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Four

5Y4 funds

#
1	BMLPX	Global X - MLP & Energy Infrastructure ETFRead Desk	0.45%	4.44%	−0.9%	+17.9%	+23.7%	+23.0%	+18.5%	−10.0%	$3.6B
2	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.43%	0.0%	+27.7%	+21.1%	+27.4%	+11.5%	−20.6%	$16.9B
3	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.18%	−0.4%	+19.1%	+25.4%	new	new	−10.7%	$62M
4	DRAM	Roundhill Memory ETFRead Desk	0.65%	0.00%	+6.2%	new	new	new	new	[…]	$14.4B

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

PIPE vs MLPX

PIPE

Invesco SteelPath MLP & Energy Infrastructure

[…]

MLPX

Global X - MLP & Energy Infrastructure

$23,364

MeasurePIPEMLPX

Fee0.75%0.45%

Cost on $10k a year$75$45

Yield4.18%4.44%

5 years, per year[…]+18.5%

3 years, per year[…]+23.0%

Worst drop · 1Y−10.7%−10.0%

Volatility · 1Y17.3%17.9%

3–1measures won
MLPX first

72.0%

holdings shared

Nov 6, 2026 · $10,000 five years ago, dividends reinvested

SCHD vs VIG

YTD

SchwabSCHD

+31.4%

VIGVanguard

+12.1%

+31.4%Year to date+12.1%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 6, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+3.2%

JEPIJ.P. Morgan

+5.3%

+3.2%Year to date+5.3%

12.8%Yield8.1%

$42.6BAssets$46.8B

1–1level

End-of-day Nov 6, 2026

SPYM vs SPY

YTD

SPDRSPYM

+8.8%

SPYSPDR

+8.7%

+8.8%Year to date+8.7%

1.1%Yield1.0%

$182BAssets$819B

2–0SPYM wins

End-of-day Nov 6, 2026

Overlap: PIPE, MLPX, DRAM, CIBR

Today

72.0%most shared, PIPE and MLPX

PIPEMLPXDRAMCIBR

PIPE—72.0%0.0%0.0%

MLPX72.0%—0.0%0.0%

DRAM0.0%0.0%—0.0%

CIBR0.0%0.0%0.0%—

End-of-day Nov 6, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$399most kept, MLPX

MLPX$444 − $45 = $399

PIPE$418 − $75 = $343

CIBR$43 − $58 = −$15

DRAM$0 − $65 = −$65

KeptFee

End-of-day Nov 6, 2026 · yield in dollars minus the fee