NFRX vs. EMLP
NFRX (Harrison Street Infrastructure Active ETF) and EMLP (First Trust North American Energy Infrastructure Fund) are both Infrastructure Equities funds. Both are actively managed. Their 0.71 correlation means they have sometimes moved together and sometimes differently. NFRX charges 0.80%/yr vs 0.96%/yr for EMLP.
Performance
NFRX vs. EMLP - Performance Comparison
Loading charts...
Returns By Period
NFRX
- 1D
- -0.52%
- 1M
- -0.90%
- 6M
- 7.29%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
EMLP
- 1D
- 0.37%
- 1M
- 0.62%
- 6M
- 11.20%
- YTD
- 17.75%
- 1Y
- 19.09%
- 3Y*
- 20.43%
- 5Y*
- 16.56%
- 10Y*
- 10.12%
- ALL TIME*
- 9.68%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $12.88M | $10.50M | $12.16M | |
| $1.29K | $1.57K | $3.59K |
NFRX vs. EMLP - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
NFRX Harrison Street Infrastructure Active ETF | 7.78% |
EMLP First Trust North American Energy Infrastructure Fund | 10.87% |
Correlation
The correlation between NFRX and EMLP is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 30, 2026 | 0.71 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NFRX vs. EMLP — Risk / Return Rank
NFRX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EMLP
NFRX vs. EMLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harrison Street Infrastructure Active ETF (NFRX) and First Trust North American Energy Infrastructure Fund (EMLP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NFRX | EMLP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.72 | — |
| Martin ratioReturn relative to average drawdown | — | 10.54 | — |
Loading charts...
Drawdowns
NFRX vs. EMLP - Drawdown Comparison
The maximum NFRX drawdown since its inception was -7.26%, smaller than the maximum EMLP drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for NFRX and EMLP.
Loading charts...
Drawdown Indicators
| NFRX | EMLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.26% | -43.61% | +36.35% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.94% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.59% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.61% | — |
Current DrawdownCurrent decline from peak | -2.62% | -1.94% | -0.68% |
Average DrawdownAverage peak-to-trough decline | -2.46% | -5.71% | +3.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.74% | — |
Volatility
NFRX vs. EMLP - Volatility Comparison
Loading charts...
Volatility by Period
| NFRX | EMLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.87% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.48% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.50% | 10.36% | +3.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.50% | 14.49% | -0.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.50% | 17.67% | -4.17% |
NFRX vs. EMLP - Expense Ratio Comparison
NFRX has a 0.80% expense ratio, which is lower than EMLP's 0.96% expense ratio.
Dividends
NFRX vs. EMLP - Dividend Comparison
NFRX's dividend yield for the trailing twelve months is around 0.99%, less than EMLP's 2.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMLP First Trust North American Energy Infrastructure Fund | 2.76% | 3.18% | 3.19% | 3.92% | 3.15% | 3.29% | 4.70% | 3.71% | 4.71% | 3.80% | 3.62% | 4.63% |
NFRX Harrison Street Infrastructure Active ETF | 0.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NFRX and EMLP have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NFRX is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NFRX is cheaper with a 0.80% expense ratio, compared with 0.96% for EMLP.
EMLP has the higher dividend yield at 2.76%, compared with 0.99% for NFRX.
They also come from different issuers: Harrison Street and First Trust. Their fees differ too: 0.80% for NFRX and 0.96% for EMLP.
Find the right allocation for NFRX and EMLP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer