EMLP Alternatives & Similar ETFs

First Trust North American Energy Infrastructure Fund (EMLP) belongs to the MLPs category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EMLP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to EMLP

EMLP charges 0.96% annually. There are 7 ETFs in the MLPs category with lower expense ratios, going as low as 0.45%.

Symbol	Name	Expense Ratio	AUM	Inception
MLPX	Global X MLP & Energy Infrastructure ETF	0.45%	3.54B	Aug 2013	EMLP vs MLPX
MLPA	Global X MLP ETF	0.46%	2.10B	Apr 2012	EMLP vs MLPA
AMNA	ETRACS Alerian Midstream Energy Index ETN	0.75%	90.69M	Jun 2020	EMLP vs AMNA
AMUB	ETRACS Alerian MLP Index ETN Class B	0.80%	36.83M	Oct 2015	EMLP vs AMUB
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	0.85%	218.00M	Oct 2015	EMLP vs MLPB

Best Risk-Adjusted Alternatives to EMLP

EMLP has a PortfoliosLab risk / return rank of 61. No ETFs in the MLPs category have higher risk-adjusted ranks; the top alternatives shown here go as high as 44.

Symbol	Name	Risk / Return Rank	AUM	Inception
MLPX	Global X MLP & Energy Infrastructure ETF	44	3.54B	Aug 2013	EMLP vs MLPX
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	42	218.00M	Oct 2015	EMLP vs MLPB
ATMP	Barclays ETN+ Select MLP ETN	39	652.99M	Mar 2013	EMLP vs ATMP
AMLP	Alerian MLP ETF	39	12.14B	Aug 2010	EMLP vs AMLP
MLPA	Global X MLP ETF	37	2.10B	Apr 2012	EMLP vs MLPA

Top Performing EMLP Alternatives (YTD)

EMLP is at 14.62% YTD. There are 7 ETFs in the MLPs category with higher YTD returns, going as high as 23.59%.

Symbol	Name	YTD Return	AUM	Inception
MLPX	Global X MLP & Energy Infrastructure ETF	23.59%	3.54B	Aug 2013	EMLP vs MLPX
AMZA	InfraCap MLP ETF	22.22%	454.54M	Oct 2014	EMLP vs AMZA
ATMP	Barclays ETN+ Select MLP ETN	20.02%	652.99M	Mar 2013	EMLP vs ATMP
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	19.72%	218.00M	Oct 2015	EMLP vs MLPB
AMUB	ETRACS Alerian MLP Index ETN Class B	16.97%	36.83M	Oct 2015	EMLP vs AMUB

Lowest Volatility Alternatives to EMLP

EMLP has 9.97% 1-year volatility. No ETFs in the MLPs category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 11.90%.

Symbol	Name	Volatility 1Y	AUM	Inception
AMLP	Alerian MLP ETF	11.90%	12.14B	Aug 2010	EMLP vs AMLP
MLPA	Global X MLP ETF	12.00%	2.10B	Apr 2012	EMLP vs MLPA
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	13.51%	218.00M	Oct 2015	EMLP vs MLPB
AMUB	ETRACS Alerian MLP Index ETN Class B	13.60%	36.83M	Oct 2015	EMLP vs AMUB
ATMP	Barclays ETN+ Select MLP ETN	14.00%	652.99M	Mar 2013	EMLP vs ATMP

Lowest Drawdown Alternatives to EMLP

EMLP has a 1-year max drawdown of -4.94%. No ETFs in the MLPs category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -7.26%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ATMP	Barclays ETN+ Select MLP ETN	-7.26%	652.99M	Mar 2013	EMLP vs ATMP
MLPX	Global X MLP & Energy Infrastructure ETF	-8.18%	3.54B	Aug 2013	EMLP vs MLPX
MLPA	Global X MLP ETF	-8.33%	2.10B	Apr 2012	EMLP vs MLPA
AMLP	Alerian MLP ETF	-8.94%	12.14B	Aug 2010	EMLP vs AMLP
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	-9.68%	218.00M	Oct 2015	EMLP vs MLPB

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 11 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Technology Equities, Cybersecurity	26	28.52%	13.68B	Jul 2015	EMLP vs CIBR
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastru...	Alternative Energy Equities	79	28.91%	11.29B	Nov 2009	EMLP vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities	3	-9.70%	133.88M	Feb 2012	EMLP vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	78	31.77%	10.62B	Mar 2014	EMLP vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	70	13.33%	7.39B	Mar 2006	EMLP vs FDL
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	Precious Metals, Gold	28	1.69%	591.41M	Mar 2021	EMLP vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	97	115.70%	2.52B	Sep 2016	EMLP vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	83	30.57%	4.66B	Aug 2012	EMLP vs TDIV
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	20	2.20%	3.28B	Mar 2018	EMLP vs KNG
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	89	52.94%	895.30M	Feb 2007	EMLP vs QCLN

Often Compared With EMLP

Investors most often compare EMLP with ENFR, UMI, EINC. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ENFR	Alerian Energy Infrastructure ETF	Energy Equities	50	24.60%	459.78M	Nov 2013	EMLP vs ENFR
UMI	USCF Midstream Energy Income Fund ETF	Energy Equities	52	22.52%	470.65M	Mar 2021	EMLP vs UMI
EINC	VanEck Energy Income ETF	Energy Equities	53	24.74%	152.87M	Mar 2012	EMLP vs EINC
BN	Brookfield Corp		53	-4.21%	—	—	EMLP vs BN
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	EMLP vs SPY
MPLX	MPLX LP		69	7.63%	—	—	EMLP vs MPLX
SWPPX	Schwab S&P 500 Index Fund	Large Cap Blend Equities, S&P 500	73	11.69%	145.00B	May 1997	EMLP vs SWPPX
VOO	Vanguard S&P 500 ETF	S&P 500	70	10.91%	1.60T	Sep 2010	EMLP vs VOO
ITA	iShares U.S. Aerospace & Defense ETF	Aerospace & Defense, Industrials Equities	32	4.82%	14.33B	May 2006	EMLP vs ITA
HMSIX	Hennessy Midstream Fund	Energy Equities	15	16.42%	—	Dec 2013	EMLP vs HMSIX
EMO	ClearBridge Energy Midstream Opportunity Fund	MLPs, Energy Equities	20	15.80%	—	Jun 2011	EMLP vs EMO
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	63	32.17%	38.95B	Dec 1998	EMLP vs XLE
REMX	VanEck Vectors Rare Earth/Strategic Metals ETF	Materials	87	33.01%	3.01B	Oct 2010	EMLP vs REMX
AMTR	ETRACS Alerian Midstream Energy Total Return Index...	MLPs	—	—	76.81M	Oct 2020	EMLP vs AMTR
UTES	Virtus Reaves Utilities ETF	Utilities Equities	14	0.08%	1.38B	Sep 2015	EMLP vs UTES
FLQL	Franklin LibertyQ U.S. Equity ETF	Large Cap Growth Equities	71	12.66%	2.02B	Apr 2017	EMLP vs FLQL
FRDM	Freedom 100 Emerging Markets ETF	Emerging Markets Diversified	93	44.61%	2.93B	May 2019	EMLP vs FRDM
FSENX	Fidelity Select Energy Portfolio	Energy Equities	79	35.02%	—	Jul 1981	EMLP vs FSENX
PPA	Invesco Aerospace & Defense ETF	Industrials Equities, Aerospace & Defense	37	8.54%	8.37B	Oct 2005	EMLP vs PPA
KURE	KraneShares MSCI All China Health Care Index ETF	China Equities	7	-10.68%	73.39M	Feb 2018	EMLP vs KURE

Compare EMLP with Any Fund or Stock

Compare EMLP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair EMLP with funds that move differently

First Trust North American Energy Infrastructure Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EMLP.

Explore EMLP Diversifiers

First Trust North American Energy Infrastructure Fund (EMLP) Alternatives