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First Trust North American Energy Infrastructure Fund

EMLP
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Today’s Change
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Snapshot
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Inception Date
Jun 20 2012
Expense Ratio
0.95%
Type
US MLPs
Fund Owner
First Trust
Volume (1m avg. daily)
$13,459,369
AUM
$2,584,711,750
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
US Dollar
12.08%
EPD
ENTERPRISE PRODUCTS PARTNERS
6.95%
MMP
MAGELLAN MIDSTREAM PARTNERS
5.84%
ET
ENERGY TRANSFER LP
5.84%
PAGP
Plains GP Holdings LP - Ordinary Shares - Class A
4.04%
PWR
Quanta Services, Inc.
3.52%
SRE
Sempra Energy
3.20%
DTM
DT Midstream Inc
3.13%
NEP
NextEra Energy Partners LP - Unit
2.94%
KMI
Kinder Morgan Inc - Ordinary Shares - Class P
2.92%
Invest with EMLP

What is EMLP?

The First Trust North American Energy Infrastructure Fund is an actively managed exchange-traded fund. The Funds investment objective is to seek total return. The Funds investment strategy will have an emphasis on current distributions and dividends paid to shareholders. Under normal market conditions, the fund will invest at least 80% of its net assets in equity securities of companies headquartered or incorporated in the United States and Canada engaged in the energy infrastructure sector.

ETFs related toEMLP

ETFs correlated to EMLP include TPYP, TOLZ, MLPX

EMLP
First Trust Exchange-Traded Fund III - First Trust North American Energy Infrastructure Fund
TPYP
Managed Portfolio Series - Tortoise North American Pipeline Fund ETF
TOLZ
ProShares Trust - ProShares DJ Brookfield Global Infrastructure ETF
MLPX
Global X Funds - Global X MLP & Energy Infrastructure ETF
DIV
Global X Funds - Global X SuperDividend U.S. ETF
IFRA
BlackRock Institutional Trust Company N.A. - iShares U.S. Infrastructure ETF
DHS
WisdomTree Trust - WisdomTree U.S. High Dividend Fund
GII
SSgA Active Trust - SPDR S&P Global Infrastructure ETF
MDIV
First Trust Exchange-Traded Fund VI - Multi-Asset Diversified Income Index Fund
DFLV
Dimensional ETF Trust - Dimensional US Large Cap Value ETF
IGF
BlackRock Institutional Trust Company N.A. - iShares Global Infrastructure ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

EMLP is a US MLPs ETF. The First Trust North American Energy Infrastructure Fund is an actively managed exchange-traded fund. The Funds investment objective is to seek total return. The Funds investment strategy will have an emphasis on current distributions and dividends paid to shareholders. Under normal market conditions, the fund will invest at least 80% of its net assets in equity securities of companies headquartered or incorporated in the United States and Canada engaged in the energy infrastructure sector.

The top holdings for EMLP include US Dollar, ENTERPRISE PRODUCTS PARTNERS, and MAGELLAN MIDSTREAM PARTNERS.

EMLP has 62 total holdings.

Yes, EMLP is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, EMLP is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EMLP is 0.0171%. This is the percent change in the value of EMLP over the most recent 1-month period. The 3-month return on EMLP is 0.0286%. This is the percent change in the value of EMLP over the most recent 3-month period.

The standard deviation of EMLP for the past year is 0.1976%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EMLP include AOA, PGX, and PFF.

ETFs correlated to EMLP include TPYP, TOLZ, and MLPX.

ETFs that are inversely correlated to EMLP include DUG, DRIP, and OILD.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.