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EMLP vs MGOV

First Trust North American Energy Infrastructure Fund vs First Trust Intermediate Government Opportunities ETF

EMLP

First Trust North American Energy Infrastructure Fund

Annual cost

0.95%

Fund size

$4.1B

MGOV

First Trust Intermediate Government Opportunities ETF

Annual cost

0.49%

Fund size

$102M

Key differences

  • MGOV costs 0.46% less per year.
  • EMLP is significantly larger than MGOV — larger funds tend to be more liquid and less likely to close.
  • EMLP is classified as equity, while MGOV is fixed income — different risk/return profiles.
  • EMLP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

EMLPMGOV
Annual cost (TER)0.95%0.49%
Fund size (AUM)$4.1B$102M
Since20122023
Dividend yield2.69%4.95%
Asset classequityfixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+22.5%+7.3%
CAGR 3Y+22.0%N/A
CAGR 5Y+16.6%N/A
Sharpe 3Y1.33N/A
Volatility 1Y9.80%4.71%
Max drawdown-43.61%-6.11%

Similar to EMLP and MGOV