EMLP vs BILS

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

5-Year PerformanceEMLP has outperformed BILS, delivering a return of +16.0% compared to +3.2%

EMLP vs BILS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMLP(ETF)	BILS(ETF)
Net Assets	$4B	$4.10B
Expense Ratio	0.95%	0.14%
Max Drawdown	48.01%	1.20%
Sharpe Ratio	1.69	1.17
5Y Beta	0.40	-0.00
P/E Ratio	17.96	N/A
Forward P/E	16.54	N/A
PEG Ratio	0.15	N/A
5Y Dividends CAGR	4.58%	N/A
5Y EPS CAGR	13.87%	N/A
P/S Ratio	1.16	N/A
P/B Ratio	2.53	N/A

Net Assets

EMLP

$4B

Winner

BILS

$4.10B

Expense Ratio

EMLP

0.95%

Winner

BILS

0.14%

Max Drawdown

EMLP

48.01%

Winner

BILS

1.20%

Sharpe Ratio

Winner

EMLP

1.69

BILS

1.17

5Y Beta

EMLP

0.40

Winner

BILS

-0.00

P/E Ratio

EMLP

17.96

BILS

N/A

Forward P/E

EMLP

16.54

BILS

N/A

PEG Ratio

EMLP

0.15

BILS

N/A

5Y Dividends CAGR

EMLP

4.58%

BILS

N/A

5Y EPS CAGR

EMLP

13.87%

BILS

N/A

P/S Ratio

EMLP

1.16

BILS

N/A

P/B Ratio

EMLP

2.53

BILS

N/A

EMLP vs BILS - Historical Returns

Returns include dividend reinvestment.

Period	EMLP	BILS
1 month	-2.25%	+0.30%
3 months	+5.92%	+0.84%
6 months	+14.54%	+1.79%
1 year	+21.64%	+3.98%
5 years(CAGR)	+16.02%	+3.25%
10 years(CAGR)	+10.81%	N/A
Max(CAGR)	+9.70%	+2.89%

EMLP

-2.25%

Winner

BILS

+0.30%

Winner

EMLP

+5.92%

BILS

+0.84%

Winner

EMLP

+14.54%

BILS

+1.79%

Winner

EMLP

+21.64%

BILS

+3.98%

5Y(CAGR)

Winner

EMLP

+16.02%

BILS

+3.25%

10Y(CAGR)

EMLP

+10.81%

BILS

N/A

Max(CAGR)

Winner

EMLP

+9.70%

BILS

+2.89%

EMLP vs BILS - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	EMLP	BILS
2026	+13.43%	+1.16%
2025	+9.02%	+4.19%
2024	+32.40%	+5.15%
2023	+9.13%	+4.92%
2022	+9.95%	+0.91%
2021	+25.39%	-0.08%
2020	-12.95%	+0.00%
2019	+23.62%	N/A
2018	-9.37%	N/A
2017	+0.83%	N/A
2016	+29.40%	N/A
2015	-25.87%	N/A
2014	+25.38%	N/A
2013	+13.77%	N/A
2012	+6.34%	N/A

EMLP vs BILS Drawdown Comparison

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

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

The current EMLP drawdown is -3.71%.

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

Correlation

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

0.96

-101

Dividend Comparison (2012 - 2026)

EMLP vs BILS dividend yield comparison.

Year	EMLP	BILS
2026	0.69%	1.16%
2025	3.18%	4.08%
2024	3.19%	5.01%
2023	3.92%	4.98%
2022	3.15%	1.61%
2021	3.29%	0.00%
2020	4.70%	0.00%
2019	3.71%	0.00%
2018	4.71%	0.00%
2017	3.80%	0.00%
2016	3.62%	0.00%
2015	4.63%	0.00%
2014	3.08%	0.00%
2013	3.30%	0.00%
2012	1.20%	0.00%