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EMLP vs EIPI

First Trust North American Energy Infrastructure Fund vs FT Energy Income Partners Enhanced Income ETF

EMLP

First Trust North American Energy Infrastructure Fund

First Trust

Annual cost

0.95%

Fund size

$4.1B

EIPI

FT Energy Income Partners Enhanced Income ETF

First Trust

Annual cost

1.11%

Fund size

$1.1B

Key differences

  • EMLP costs 0.16% less per year.
  • EMLP is significantly larger than EIPI — larger funds tend to be more liquid and less likely to close.
  • EMLP is classified as equity, while EIPI is alternative — different risk/return profiles.
  • EMLP follows a index tracking strategy; EIPI uses option income.

Side-by-side comparison

EMLPEIPI
Annual cost (TER)0.95%1.11%
Fund size (AUM)$4.1B$1.1B
Since20122011
Dividend yield2.69%6.57%
Asset classequityalternative
Region
Strategyindex trackingoption income
CAGR 1Y+22.5%+23.9%
CAGR 3Y+22.0%N/A
CAGR 5Y+16.6%N/A
Sharpe 3Y1.33N/A
Volatility 1Y9.80%9.45%
Max drawdown-43.61%-12.33%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to EMLP and EIPI