BILS vs EMLP

Comparison between SPDR BLOOMBERG 3-12 MONTH T-BILL ETF (BILS, ETF) and FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUND (EMLP, ETF).

5-Year PerformanceEMLP has outperformed BILS, delivering a return of +16.8% compared to +3.2%

BILS vs EMLP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BILS(ETF)	EMLP(ETF)
Net Assets	$4B	$4.10B
Expense Ratio	0.14%	0.95%
Max Drawdown	1.20%	48.01%
Sharpe Ratio	1.05	1.86
5Y Beta	-0.00	0.39
P/E Ratio	N/A	18.34
Forward P/E	N/A	16.21
PEG Ratio	N/A	0.16
5Y Dividends CAGR	N/A	4.58%
5Y EPS CAGR	N/A	13.92%
P/S Ratio	N/A	1.18
P/B Ratio	N/A	2.58

Net Assets

BILS

$4B

Winner

EMLP

$4.10B

Expense Ratio

Winner

BILS

0.14%

EMLP

0.95%

Max Drawdown

Winner

BILS

1.20%

EMLP

48.01%

Sharpe Ratio

BILS

1.05

Winner

EMLP

1.86

5Y Beta

Winner

BILS

-0.00

EMLP

0.39

P/E Ratio

BILS

N/A

EMLP

18.34

Forward P/E

BILS

N/A

EMLP

16.21

PEG Ratio

BILS

N/A

EMLP

0.16

5Y Dividends CAGR

BILS

N/A

EMLP

4.58%

5Y EPS CAGR

BILS

N/A

EMLP

13.92%

P/S Ratio

BILS

N/A

EMLP

1.18

P/B Ratio

BILS

N/A

EMLP

2.58

BILS vs EMLP - Historical Returns

Returns include dividend reinvestment.

Period	BILS	EMLP
1 month	+0.27%	+0.44%
3 months	+0.81%	+4.80%
6 months	+1.75%	+15.35%
1 year	+3.94%	+23.99%
5 years(CAGR)	+3.25%	+16.84%
10 years(CAGR)	N/A	+10.77%
Max(CAGR)	+2.88%	+9.81%

BILS

+0.27%

Winner

EMLP

+0.44%

BILS

+0.81%

Winner

EMLP

+4.80%

BILS

+1.75%

Winner

EMLP

+15.35%

BILS

+3.94%

Winner

EMLP

+23.99%

5Y(CAGR)

BILS

+3.25%

Winner

EMLP

+16.84%

10Y(CAGR)

BILS

N/A

EMLP

+10.77%

Max(CAGR)

BILS

+2.88%

Winner

EMLP

+9.81%

BILS vs EMLP - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	BILS	EMLP
2026	+1.16%	+15.25%
2025	+4.19%	+9.02%
2024	+5.15%	+32.40%
2023	+4.92%	+9.13%
2022	+0.91%	+9.95%
2021	-0.08%	+25.39%
2020	+0.00%	-12.95%
2019	N/A	+23.62%
2018	N/A	-9.37%
2017	N/A	+0.83%
2016	N/A	+29.40%
2015	N/A	-25.87%
2014	N/A	+25.38%
2013	N/A	+13.77%
2012	N/A	+6.34%

BILS vs EMLP Drawdown Comparison

The maximum drawdown for BILS was -0.41%, occurring on Jun 14, 2022. Recovery took 415 trading sessions.

The maximum drawdown for EMLP was -43.61%, occurring on Mar 23, 2020. Recovery took 324 trading sessions.

The current EMLP drawdown is -2.17%.

Rank	BILS	EMLP
#1	-0.41% Feb 5, 2021 - Sep 29, 2022	-43.61% Feb 20, 2020 - Jun 3, 2021
#2	-0.08% Oct 6, 2022 - Oct 27, 2022	-35.59% Dec 29, 2014 - Mar 11, 2019
#3	-0.07% Mar 17, 2023 - Mar 23, 2023	-14.59% Jun 7, 2022 - Aug 18, 2022
#4	-0.04% Feb 1, 2024 - Feb 7, 2024	-14.40% Aug 25, 2022 - Jul 21, 2023
#5	-0.04% Apr 5, 2023 - Apr 13, 2023	-11.47% Jan 21, 2025 - Jul 18, 2025
#6	-0.04% Mar 13, 2023 - Mar 15, 2023	-9.73% Sep 5, 2014 - Nov 18, 2014
#7	-0.03% Mar 2, 2023 - Mar 9, 2023	-8.84% Jul 24, 2023 - Dec 1, 2023
#8	-0.03% Apr 8, 2025 - Apr 11, 2025	-8.83% Oct 17, 2012 - Jan 10, 2013
#9	-0.03% Apr 13, 2023 - Apr 19, 2023	-8.75% Nov 29, 2024 - Jan 21, 2025
#10	-0.03% Nov 10, 2022 - Nov 17, 2022	-8.38% May 21, 2013 - Feb 10, 2014
#11	-0.03% Oct 28, 2025 - Oct 31, 2025	-8.35% Apr 20, 2022 - Jun 7, 2022
#12	-0.03% Mar 24, 2023 - Mar 30, 2023	-7.35% Nov 26, 2014 - Dec 26, 2014
#13	-0.02% Oct 9, 2020 - Feb 5, 2021	-7.09% Jun 15, 2021 - Oct 19, 2021
#14	-0.02% Dec 17, 2024 - Dec 19, 2024	-6.72% Oct 20, 2021 - Jan 7, 2022
#15	-0.02% Mar 15, 2023 - Mar 17, 2023	-5.69% Sep 23, 2019 - Dec 24, 2019

Correlation

Correlation between BILS and EMLP is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2012 - 2026)

BILS vs EMLP dividend yield comparison.

Year	BILS	EMLP
2026	1.16%	0.68%
2025	4.08%	3.18%
2024	5.01%	3.19%
2023	4.98%	3.92%
2022	1.61%	3.15%
2021	0.00%	3.29%
2020	0.00%	4.70%
2019	0.00%	3.71%
2018	0.00%	4.71%
2017	0.00%	3.80%
2016	0.00%	3.62%
2015	0.00%	4.63%
2014	0.00%	3.08%
2013	0.00%	3.30%
2012	0.00%	1.20%