PLT vs. EMLP

Last updated Jun 5, 2026

PLT (Defiance Leveraged Long + Income PLTR ETF) and EMLP (First Trust North American Energy Infrastructure Fund) are both exchange-traded funds - PLT is a Derivative Income fund actively managed by Defiance, while EMLP is a MLPs fund actively managed by First Trust. Both are actively managed. At a correlation of -0.07, they often move in opposite directions. PLT charges 1.51%/yr vs 0.96%/yr for EMLP.

Performance

PLT vs. EMLP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Leveraged Long + Income PLTR ETF (PLT) and First Trust North American Energy Infrastructure Fund (EMLP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLT achieves a -11.99% return, which is significantly lower than EMLP's 15.36% return.

PLT

• 1D: 0.00%
• 1M: 0.00%
• YTD: -11.99%
• 6M: -12.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EMLP

• 1D: 0.65%
• 1M: -2.32%
• YTD: 15.36%
• 6M: 13.55%
• 1Y: 21.39%
• 3Y*: 21.59%
• 5Y*: 15.62%
• 10Y*: 10.17%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PLT vs. EMLP - Yearly Performance Comparison

	2026 (YTD)	2025
PLT Defiance Leveraged Long + Income PLTR ETF	-11.99%	13.15%
EMLP First Trust North American Energy Infrastructure Fund	15.36%	1.92%

Correlation

The correlation between PLT and EMLP is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	-0.07

Return for Risk

PLT vs. EMLP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EMLP

EMLP Risk / Return Rank: 72
EMLP Sharpe Ratio Rank: 68
EMLP Sortino Ratio Rank: 70
EMLP Omega Ratio Rank: 62
EMLP Calmar Ratio Rank: 83
EMLP Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLT vs. EMLP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Leveraged Long + Income PLTR ETF (PLT) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PLT	EMLP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.18	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.08	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	0.57	-0.58

Drawdowns

PLT vs. EMLP - Drawdown Comparison

The maximum PLT drawdown since its inception was -43.74%, roughly equal to the maximum EMLP drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for PLT and EMLP.

Drawdown Indicators

	PLT	EMLP	Difference
Max Drawdown Largest peak-to-trough decline	-43.74%	-43.61%	-0.13%
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 Drawdown Current decline from peak	-38.06%	-3.00%	-35.06%
Average Drawdown Average peak-to-trough decline	-25.67%	-5.76%	-19.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.53%	—

Volatility

Volatility by Period

	PLT	EMLP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.82%	—
Volatility (1Y) Calculated over the trailing 1-year period	60.51%	9.97%	+50.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.51%	14.53%	+45.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.51%	17.69%	+42.82%

PLT vs. EMLP - Expense Ratio Comparison

PLT has a 1.51% expense ratio, which is higher than EMLP's 0.96% expense ratio.

Dividends

PLT vs. EMLP - Dividend Comparison

PLT's dividend yield for the trailing twelve months is around 38.02%, more than EMLP's 2.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMLP First Trust North American Energy Infrastructure Fund	2.77%	3.18%	3.19%	3.92%	3.15%	3.29%	4.70%	3.71%	4.71%	3.80%	3.62%	4.63%
PLT Defiance Leveraged Long + Income PLTR ETF	38.02%	29.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PLT and EMLP in my portfolio?

PLT and EMLP have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PLT or EMLP?

On fees, EMLP is cheaper at 0.96% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PLT or EMLP?

EMLP is cheaper with a 0.96% expense ratio, compared with 1.51% for PLT.

Which ETF pays a higher dividend yield, PLT or EMLP?

PLT has the higher dividend yield at 38.02%, compared with 2.77% for EMLP.

What is the main difference between PLT and EMLP?

PLT is categorized as Derivative Income, while EMLP is MLPs. They also come from different issuers: Defiance and First Trust. Their fees differ too: 1.51% for PLT and 0.96% for EMLP.