UBEW vs. EMLP
UBEW (Roundhill UBER WeeklyPay ETF) and EMLP (First Trust North American Energy Infrastructure Fund) are both exchange-traded funds - UBEW is a fund fund actively managed by Roundhill, while EMLP is a MLPs fund actively managed by First Trust. Both are actively managed. At a correlation of -0.05, they often move in opposite directions. UBEW charges 0.99%/yr vs 0.96%/yr for EMLP.
Performance
UBEW vs. EMLP - Performance Comparison
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Returns By Period
In the year-to-date period, UBEW achieves a -18.80% return, which is significantly lower than EMLP's 16.16% return.
UBEW
- 1D
- -2.97%
- 1M
- -3.85%
- YTD
- -18.80%
- 6M
- -17.81%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMLP
- 1D
- 1.23%
- 1M
- -1.97%
- YTD
- 16.16%
- 6M
- 16.10%
- 1Y
- 20.59%
- 3Y*
- 22.30%
- 5Y*
- 15.94%
- 10Y*
- 10.26%
UBEW vs. EMLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UBEW Roundhill UBER WeeklyPay ETF | -18.80% | -16.62% |
EMLP First Trust North American Energy Infrastructure Fund | 16.16% | 0.05% |
Correlation
The correlation between UBEW and EMLP is -0.05, 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 Oct 23, 2025 | -0.05 |
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Return for Risk
UBEW vs. EMLP — Risk / Return Rank
UBEW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EMLP
UBEW vs. EMLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill UBER WeeklyPay ETF (UBEW) 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.
| UBEW | EMLP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.19 | — |
| Martin ratioReturn relative to average drawdown | — | 12.19 | — |
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Drawdowns
UBEW vs. EMLP - Drawdown Comparison
The maximum UBEW drawdown since its inception was -38.17%, smaller than the maximum EMLP drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for UBEW and EMLP.
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Drawdown Indicators
| UBEW | EMLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.17% | -43.61% | +5.44% |
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 | -37.17% | -2.33% | -34.84% |
Average DrawdownAverage peak-to-trough decline | -25.67% | -5.75% | -19.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.69% | — |
Volatility
UBEW vs. EMLP - Volatility Comparison
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Volatility by Period
| UBEW | EMLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.65% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.96% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 42.25% | 9.97% | +32.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.25% | 14.49% | +27.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.25% | 17.69% | +24.56% |
UBEW vs. EMLP - Expense Ratio Comparison
UBEW has a 0.99% expense ratio, which is higher than EMLP's 0.96% expense ratio.
Dividends
UBEW vs. EMLP - Dividend Comparison
UBEW's dividend yield for the trailing twelve months is around 35.87%, more than EMLP's 2.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMLP First Trust North American Energy Infrastructure Fund | 2.75% | 3.18% | 3.19% | 3.92% | 3.15% | 3.29% | 4.70% | 3.71% | 4.71% | 3.80% | 3.62% | 4.63% |
UBEW Roundhill UBER WeeklyPay ETF | 35.87% | 8.98% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UBEW and EMLP have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
EMLP is cheaper with a 0.96% expense ratio, compared with 0.99% for UBEW.
UBEW has the higher dividend yield at 35.87%, compared with 2.75% for EMLP.
They also come from different issuers: Roundhill and First Trust. Their fees differ too: 0.99% for UBEW and 0.96% for EMLP.
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