First TrustThematicInfrastructure#40 of 189 by YTD

First Trust North American Energy Infrastructure FundEMLP

1D 1M 3M YTD 1Y 3Y 5Y MAX

S&P 500 Compare

$43.01−0.1%

−$0.03 · Nov 6 close

Buy

AUM: $4.1B
Fee: 0.95%
Yield: 2.8%

Bumpy · 1Y: 0.8×S&P
Volume: 265K
NAV: $43.01

What's insideAll 61 →

EPD 8.9%ET 7.1%MPLX 4.4%PAGP 3.6%

52-week range5% below the high

$37.41$45.23

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−0.1%	+1.5%	−0.4%	+16.1%	+17.7%	+79.1%	+103.4%	+266.4%
Peer average	−0.1%	−0.6%	−4.7%	+10.0%	+10.6%	+66.1%	+70.5%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

EMLP in One Breath

EMLP Among Infrastructure ETFs

YTD

#1NBETNeuberger Berman+21.6%$52.5M

#2ENFRALPS+19.5%$508M

#3PIPEInvesco+19.1%$60.1M

#4IDGTiShares+18.5%$361M

#5DTCRGlobal X+18.3%$1.9B

#6MLPXGlobal X+17.9%$3.4B

#7USAIPacer+16.9%$119M

#8EMLPFirst Trust+16.1%$4.1B

#9USNGAmplify+15.6%$9.4M

End-of-day Nov 9, 2026 · 30 Infrastructure ETFs by YTD

$10,000 in EMLP

$10,000 in EMLP became

$20,336

In the S&P 500 (VOO)

$17,177

Total return, dividends in · Oct 29, 2021 – Nov 6, 2026 · S&P 500 uses VOO

EMLP’s Top Holdings

Today

EPDEnterprise Products Partners L.P8.9%ET7.1%MPLX4.4%PAGP3.6%KMI3.5%NFG3.4%PPL2.8%ETR2.4%OGS2.4%DUK2.2%OKE2.2%CMS2.0%AEP2.0%SRE2.0%PEG1.8%SO1.7%XEL1.7%EVRG1.7%LNG1.6%DTE1.6%OGEWEC37 more

EPD8.9%ET7.1%MPLX4.4%PAGP3.6%KMI3.5%NFG3.4%PPL2.8%ETR2.4%OGS2.4%DUK2.2%OKE2.2%CMS2.0%47 more

UtilitiesEnergy

First Trust EMLP · 59 holdings · tile size = share of the fund · as of Nov 6, 2026

What EMLP Holds

Today

Utilities48.2%

PPL 2.8 · ETR 2.4 · OGS 2.4 · DUK 2.2 · CMS 2.0 · AEP 2.0 · SRE 2.0

Energy46.9%

EPD 8.9 · ET 7.1 · MPLX 4.4 · PAGP 3.6 · KMI 3.5 · NFG 3.4 · OKE 2.2

Industrials4.3%

TTEK 1.3 · J 1.0 · GNRC · MTZ · CMI · PWR

Basic Materials0.5%

WLKP

First Trust EMLP · share of the fund by sector · as of Nov 6, 2026

Enterprise’s Share of EMLP

Today

8.9%

$89 of every $1,000 in EMLP is Enterprise

Enterprise held by EMLP

$367M

Most Enterprise per dollar

MLPA14.0%

AMLP12.8%

AMZA12.2%

EMLP8.9%

First Trust EMLP · each square = $10 of $1,000 · as of Nov 6, 2026

EMLP’s Share of Infrastructure ETFs

Today

7.5%

of the $55.1B in 39 Infrastructure ETFs

EMLP$4.1B7.5%

PAVE$13.0B23.5%

IGF$10.8B19.6%

36 others$27.3B49.5%

Infrastructure ETF AUM · Nov 9, 2026

EMLP Fee per $100 vs Peers

Today

$0.95a year
per $100

$95 a year on $10,000

IFRA$0.30

IGF$0.37

MLPX$0.45

PAVE$0.47

GRID$0.56

EMLP$0.95

Expense ratio · Infrastructure peers · Nov 9, 2026

Inside EMLP

59 holdings · as of Nov 6, 2026

EMLP

First Trust North American Energy Infrastructure Fund

Today

#	Ticker	Company	Weight ▼
1	EPD	Enterprise Products Partners L.P	8.92%
2	ET	Energy Transfer LP	7.12%
3	MPLX	MPLX LP	4.39%
4	PAGP	Plains GP L.P. ()	3.62%
5	KMI	Kinder Morgan	3.55%
6	NFG	National Fuel Gas Company	3.36%
7	PPL	PPL	2.82%
8	ETR	Entergy	2.44%
9	OGS	ONE Gas	2.38%
10	DUK	Duke Energy	2.22%

See all 61 holdings ↓

UtilitiesEnergyIndustrialsBasic Materials

First Trust EMLP · current holdings by weight · as of Nov 6, 2026 · each tile is one holding · top 20 = 59.2%

All EMLP Holdings

61 holdings · as of Nov 6, 2026

EMLP

EMLP’s Holdings

Today

#
1	EPDEnterprise Products Partners L.P	Energy	8.92%	$891.66	10.0M	$367.3M
2	—US Dollar	—	8.08%	$808.01	332.9M	$332.9M
3	ETEnergy Transfer LP	Energy	7.12%	$712.13	15.3M	$293.4M
4	MPLXMPLX LP	Energy	4.39%	$438.75	3.2M	$180.7M
5	PAGPPlains GP L.P. ()	Energy	3.62%	$362.05	5.7M	$149.1M
6	KMIKinder Morgan	Energy	3.55%	$354.85	4.8M	$146.2M
7	NFGNational Fuel Gas Company	Energy	3.36%	$335.98	1.9M	$138.4M
8	PPLPPL	Utilities	2.82%	$281.60	3.2M	$116.0M
9	ETREntergy	Utilities	2.44%	$244.46	913K	$100.7M
10	OGSONE Gas	Utilities	2.38%	$238.37	1.2M	$98.2M
11	DUKDuke Energy	Utilities	2.22%	$222.23	704K	$91.5M
12	OKEOneok	Energy	2.18%	$217.78	1.0M	$89.7M
13	CMSCMS Energy	Utilities	2.01%	$201.07	1.2M	$82.8M
14	AEPAmerican Electric Power Company	Utilities	2.01%	$200.60	652K	$82.6M
15	SRESempra	Utilities	1.96%	$196.01	1.0M	$80.7M

First Trust EMLP · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 6, 2026

How It Compares

EMLP

First Trust North American Energy Infrastructure Fund’s Peers

YTD


PAVE	Global XRead Desk	0.47%	+7.2%	+7.7%	$13.0B
IGF	iSharesRead Desk	0.37%	+7.6%	+9.4%	$10.8B
GRID	First TrustRead Desk	0.56%	+1.4%	−1.0%	$10.4B
EMLP	First TrustThis fundRead Desk	0.95%	+16.1%	+17.7%	$4.1B
IFRA	iSharesRead Desk	0.30%	+7.6%	+8.5%	$3.9B
MLPX	Global XRead Desk	0.45%	+17.9%	+23.7%	$3.4B

Infrastructure peers · YTD and past-year returns · as of Nov 9, 2026 · sorted by AUM

Head to Head

Put EMLP head to head with PAVE →

PAVE vs EMLP

YTD

PAVEGlobal X · InfrastructureEMLPFirst Trust · Infrastructure

Year to date

+7.2%

+16.1%

EMLP wins+8.9 pts

Past year

+7.7%

+17.7%

EMLP wins+10.0 pts

Fee

0.47%

0.95%

PAVE winslower fee

Yield

0.8%

2.8%

EMLP wins+2.0 pts

AUM

$13.0B

$4.1B

PAVE3.1× more

3–1EMLP wins

Global X PAVE and First Trust EMLP · year-to-date · as of Nov 9, 2026 · AUM not scored

Infrastructure vs Thematic

Average · YTD

PAVE

+7.2%

EMLP

+16.1%

Thematic average

+3.5%

PAVE, EMLP and the average thematic ETF · YTD return · as of Nov 9, 2026

EMLP vs VOO

YTD

EMLP · First Trust North American Energy Infrastructure Fund

+16.1%

VOO · S&P 500

+8.7%

Gap

7.3 pts

First Trust EMLP and Vanguard VOO · YTD total return · as of Nov 9, 2026

EMLP vs Its Peer Average

YTD

EMLPAvsBPeer average

1D−0.1%−0.1%

1M+1.5%−0.6%

3M−0.4%−4.7%

YTD+16.1%+10.0%

1Y+17.7%+10.6%

3Y+79.1%+66.1%

5Y+103.4%+70.5%

7–0EMLP wins

38 Infrastructure peers · each row scaled to its leader

How Bumpy Is EMLP?

View

EMLP

How Bumpy

0.8×the S&P 500’s swings

CalmerBumpierS&P 1×EMLP

Calm rank among 7 infrastructure funds#2

Other infrastructure funds0.8× to 1.9×

First Trust EMLP · daily swings over the past year vs the S&P 500

EMLP

Worst Drop

−7.9%from its Jul 23 high

Still below the high−3.6%

$10,000 at the high is now$9,640

First Trust EMLP · fall from the highest close, past year

EMLP

On a Bad Day

−0.2×rose, on average, when the S&P 500 fell

EMLP’s worst day: Wednesday, May 6

EMLP

−1.7%

S&P 500

1.4%

Up days52 of every 100

S&P 500 up days52 of every 100

First Trust EMLP · average move on days the S&P 500 fell

EMLP

Return for the Bumps

1Y#1 of 7 infrastructure funds

#1EMLPFirst Trust

most for the bumps

#2MLPXGlobal X

#3IGFiShares

#4NFRAFlexShares

calmest ride

#5IFRAiShares

#6PAVEGlobal X

#7GRIDFirst Trust

lost money

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

EMLP

Cost

Today

$95a year per $10,000

IFRA

$30

IGF

$37

MLPX

$45

PAVE

$47

NFRA

$48

GRID

$56

EMLP

$95

Expense ratio 0.95%, taken from the fund’s value

EMLP

Volatility & Beta

11.2%annual volatility

S&P 500 volatility13.6%

Downside volatility7.2%

Beta vs SPY−0.02

Correlation vs SPY−0.03

Beta rank, lowest first, of 7#2

Daily total returns × √252 · past 254 trading days

EMLP

Max Drawdown

−7.9%peak to trough

Peak closeJul 23, 2026

Current drawdown−3.6%

Worst day−1.67% · May 6

Closing prices, dividends in

EMLP

Up / Down Capture

−17%down capture vs SPY

Down days

−17%

Up days

S&P 500

100%

Up ÷ down capture[…]

Up days52.4% (S&P 52.0%)

Average daily move on SPY up days and down days

EMLP

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
EMLP	1.25	1.95	11.2%	−7.9%	−0.02	$95
MLPX	1.10	1.65	17.9%	−10.0%	−0.13	$45
IGF	0.51	0.75	11.3%	−10.4%	0.34	$37
NFRA	0.46	0.66	11.0%	−7.3%	0.40	$48
IFRA	0.29	0.43	15.5%	−13.7%	0.61	$30
PAVE	0.16	0.22	21.4%	−15.3%	1.10	$47
GRID	−0.19	−0.26	25.9%	−23.5%	1.46	$56

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

EMLP

Trading

Today

0.00%at its holdings’ value

Close$43.01

NAV$43.01

Fee per $10,000$95 a year

Avg. volume 30D354K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

The Details

EMLP

Fund Facts

Today

2012launched Jun 20

Tracks[…]

Exchange · CUSIPAMEX · 33738D101

StructureETF

Leverage1x

Cost on $10,000$95 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

First Trust EMLP · fund facts · as of Nov 9, 2026

EMLP

Payouts by Year

13Y

$0.32per share, Sep 2026

Distribution yield2.8%

PaidEvery quarter

Latest ex-date · paidSep 24 · Sep 30, 2026

12 payouts added up$3.52 a share

First Trust EMLP · distributions by ex-date · 2014–2026

All Fund FactsDocuments · trading · fees · every payout

Trading & Liquidity

Net asset value$43.01

Premium / discount[…]

Median spread · 30D[…]

Volume today265K

Average volume · 30D354K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.95%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$95.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Sep 24, 2026	Sep 30, 2026	$0.32
Jun 25, 2026	Jun 30, 2026	$0.31
Mar 26, 2026	Mar 31, 2026	$0.30
Dec 12, 2025	Dec 31, 2025	$0.29
Sep 25, 2025	Sep 30, 2025	$0.31
Jun 26, 2025	Jun 30, 2025	$0.30
Mar 27, 2025	Mar 31, 2025	$0.30
Dec 13, 2024	Dec 31, 2024	$0.27
Sep 26, 2024	Sep 30, 2024	$0.30
Jun 27, 2024	Jun 28, 2024	$0.31
Mar 21, 2024	Mar 28, 2024	$0.26
Dec 22, 2023	Dec 29, 2023	$0.24

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First Trust North American Energy Infrastructure FundEMLP

EMLP in One Breath

Inside EMLP

All EMLP Holdings

How It Compares

Head to Head

How Bumpy Is EMLP?

The Details

Prospectus & Documents

Trading & Liquidity

Fees & Costs

Distributions