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First Trust North American Energy Infrastructure Fund

EMLP
$--
Today’s Change
-- (--)

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)
$5,532,958
AUM
$2,414,170,850
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

EPD
Enterprise Products Partners L P - Unit
7.89%
PAGP
Plains GP Holdings LP - Ordinary Shares - Class A
7.24%
ET
Energy Transfer LP
6.78%
SRE
Sempra Energy
4.59%
n/a
US Dollar
4.54%
KMI
Kinder Morgan Inc - Ordinary Shares - Class P
4.23%
DTM
DT Midstream Inc
4.12%
NEP
NextEra Energy Partners LP - Unit
3.11%
AEP
American Electric Power Company Inc.
3.00%
PEG
Public Service Enterprise Group Inc.
2.76%
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 MLPX, DVY, GII

EMLP
First Trust Exchange-Traded Fund III - First Trust North American Energy Infrastructure Fund
MLPX
Global X Funds - Global X MLP & Energy Infrastructure ETF
DVY
BlackRock Institutional Trust Company N.A. - iShares Select Dividend ETF
GII
SSgA Active Trust - SPDR S&P Global Infrastructure ETF
IFRA
BlackRock Institutional Trust Company N.A. - iShares U.S. Infrastructure ETF
JPUS
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Equity ETF
IGF
BlackRock Institutional Trust Company N.A. - iShares Global Infrastructure ETF
DHS
WisdomTree Trust - WisdomTree U.S. High Dividend Fund
CDL
Victory Portfolios II - VictoryShares US Large Cap High Div Volatility Wtd ETF
SPHD
Invesco Capital Management LLC - Invesco S&P 500 High Dividend Low Volatility ETF
VYM
Vanguard Group, Inc. - Vanguard High Dividend Yield Indx 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.

Automated Strategies
Related toEMLP

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with EMLP using Composer

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.

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 0.0167%. This is the percent change in the value of EMLP over the most recent 1-month period. The 3-month return on EMLP is 0.0428%. 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 0.1601%. 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 PFF, PGF, and PGX.

ETFs correlated to EMLP include MLPX, DVY, and GII.

ETFs that are inversely correlated to EMLP include SDOW, DOG, and DXD.

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.