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PIPE vs ENFR

Invesco SteelPath MLP & Energy Infrastructure ETF vs Alerian Energy Infrastructure ETF

PIPE

Invesco SteelPath MLP & Energy Infrastructure ETF

Invesco

Annual cost

0.75%

Fund size

$64M

ENFR

Alerian Energy Infrastructure ETF

ALPS

Annual cost

0.35%

Fund size

$460M

Key differences

  • ENFR costs 0.40% less per year.
  • ENFR is significantly larger than PIPE — larger funds tend to be more liquid and less likely to close.
  • PIPE follows a active selection strategy; ENFR uses index tracking.
  • ENFR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PIPEENFR
Annual cost (TER)0.75%0.35%
Fund size (AUM)$64M$460M
Since20252013
Dividend yield3.64%3.93%
Asset classequityequity
Regionglobal
Strategyactive selectionindex tracking
CAGR 1Y+31.4%+27.1%
CAGR 3YN/A+28.8%
CAGR 5YN/A+21.4%
Sharpe 3YN/A1.43
Volatility 1Y14.18%14.54%
Max drawdown-15.69%-62.64%

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

Similar to PIPE and ENFR