EMLP vs TSPA

Comparison between FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUND (EMLP, ETF) and T. ROWE PRICE U.S. EQUITY RESEARCH ETF (TSPA, ETF).

5-Year PerformanceEMLP has outperformed TSPA, delivering a return of +16.5% compared to +13.8%

EMLP vs TSPA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMLP(ETF)	TSPA(ETF)
Net Assets	$4.10B	$4.10B
Expense Ratio	0.95%	0.34%
Max Drawdown	48.01%	24.72%
Sharpe Ratio	1.54	1.31
5Y Beta	0.36	0.97
P/E Ratio	19.23	30.17
Forward P/E	16.80	22.11
PEG Ratio	0.15	0.50
5Y Dividends CAGR	5.73%	N/A
5Y EPS CAGR	11.85%	26.55%
Debt to Equity	N/A	39.16%
P/S Ratio	1.20	4.02
P/B Ratio	2.55	5.89

Net Assets

EMLP

$4.10B

TSPA

$4.10B

Expense Ratio

EMLP

0.95%

Winner

TSPA

0.34%

Max Drawdown

EMLP

48.01%

Winner

TSPA

24.72%

Sharpe Ratio

Winner

EMLP

1.54

TSPA

1.31

5Y Beta

Winner

EMLP

0.36

TSPA

0.97

P/E Ratio

Winner

EMLP

19.23

TSPA

30.17

Forward P/E

Winner

EMLP

16.80

TSPA

22.11

PEG Ratio

Winner

EMLP

0.15

TSPA

0.50

5Y Dividends CAGR

EMLP

5.73%

TSPA

N/A

5Y EPS CAGR

EMLP

11.85%

Winner

TSPA

26.55%

Debt to Equity

EMLP

N/A

TSPA

39.16%

P/S Ratio

Winner

EMLP

1.20

TSPA

4.02

P/B Ratio

Winner

EMLP

2.55

TSPA

5.89

EMLP vs TSPA - Holdings Comparison

EMLP and TSPA have 17 common holdings. Overlap is 2.75%

EMLP's top 25 holdings weight is 68.95%. TSPA's top 25 holdings weight is 52.53%.

Rank	EMLP	TSPA
#1	ENERGY TRANSFER LP (ET) - 7.33%	NVIDIA CORP (NVDA) - 7.92%
#2	ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 7.04%	APPLE INC (AAPL) - 6.55%
#3	MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 4.86%	MICROSOFT CORP (MSFT) - 4.79%
#4	MPLX LP PARTNERSHIP UNITS (MPLX) - 4.17%	AMAZON.COM INC (AMZN) - 4.32%
#5	PLAINS GP HOLDINGS LP CLASS A (PAGP) - 3.96%	ALPHABET INC CLASS C (GOOG) - 3.71%
#6	KINDER MORGAN INC CLASS P (KMI) - 3.70%	BROADCOM INC (AVGO) - 3.44%
#7	NATIONAL FUEL GAS CO (NFG) - 3.46%	ALPHABET INC CLASS A (GOOGL) - 2.78%
#8	SOUTHERN CO (SO) - 2.73%	META PLATFORMS INC CLASS A (META) - 2.32%
#9	PPL CORP (PPL) - 2.53%	TESLA INC (TSLA) - 1.63%
#10	ENTERGY CORP (ETR) - 2.44%	ELI LILLY AND CO (LLY) - 1.30%
#11	ONE GAS INC (OGS) - 2.20%	JPMORGAN CHASE & CO (JPM) - 1.29%
#12	AMERICAN ELECTRIC POWER CO INC (AEP) - 2.13%	ADVANCED MICRO DEVICES INC (AMD) - 1.16%
#13	DUKE ENERGY CORP (DUK) - 2.10%	VISA INC CLASS A (V) - 1.03%
#14	SUNOCO LP (SUN) - 2.05%	MICRON TECHNOLOGY INC (MU) - 0.98%
#15	ONEOK INC (OKE) - 2.00%	INTEL CORP (INTC) - 0.97%
#16	SEMPRA (SRE) - 1.84%	WALMART INC (WMT) - 0.95%
#17	EVERGY INC (EVRG) - 1.73%	EXXON MOBIL CORP (n/a) - 0.91%
#18	PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) - 1.67%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 0.89%
#19	CHENIERE ENERGY INC (LNG) - 1.64%	T-MOBILE US INC (TMUS) - 0.86%
#20	WEC ENERGY GROUP INC (WEC) - 1.61%	NETFLIX INC (NFLX) - 0.85%
#21	CENTERPOINT ENERGY INC (CNP) - 1.60%	JOHNSON & JOHNSON (JNJ) - 0.84%
#22	WILLIAMS COMPANIES INC (WMB) - 1.56%	CATERPILLAR INC (CAT) - 0.79%
#23	OGE ENERGY CORP (OGE) - 1.56%	COSTCO WHOLESALE CORP (COST) - 0.77%
#24	FIRSTENERGY CORP (FE) - 1.53%	CISCO SYSTEMS INC (CSCO) - 0.75%
#25	NEXTERA ENERGY INC (NEE) - 1.51%	MASTERCARD INC CLASS A (MA) - 0.73%
Total Holdings	65	316

EMLP vs TSPA - Historical Returns

Returns include dividend reinvestment.

Period	EMLP	TSPA
1 month	+2.13%	+0.13%
3 months	+2.20%	+7.96%
6 months	+13.89%	+10.07%
1 year	+21.30%	+22.25%
5 years(CAGR)	+16.54%	+13.81%
10 years(CAGR)	+9.88%	N/A
Max(CAGR)	+9.76%	+14.26%

Winner

EMLP

+2.13%

TSPA

+0.13%

EMLP

+2.20%

Winner

TSPA

+7.96%

Winner

EMLP

+13.89%

TSPA

+10.07%

EMLP

+21.30%

Winner

TSPA

+22.25%

5Y(CAGR)

Winner

EMLP

+16.54%

TSPA

+13.81%

10Y(CAGR)

EMLP

+9.88%

TSPA

N/A

Max(CAGR)

EMLP

+9.76%

Winner

TSPA

+14.26%

EMLP vs TSPA - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	EMLP	TSPA
2026	+16.33%	+11.28%
2025	+9.02%	+16.49%
2024	+32.40%	+27.28%
2023	+9.13%	+30.41%
2022	+9.95%	-19.11%
2021	+25.39%	+13.72%
2020	-12.95%	N/A
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 TSPA Drawdown Comparison

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

The maximum drawdown for TSPA was -24.72%, occurring on Oct 12, 2022. Recovery took 478 trading sessions.

The current EMLP drawdown is -1.25%. The current TSPA drawdown is -0.40%.

Rank	EMLP	TSPA
#1	-43.61% Feb 20, 2020 - Jun 3, 2021	-24.72% Dec 29, 2021 - Nov 22, 2023
#2	-35.59% Dec 29, 2014 - Mar 11, 2019	-19.04% Feb 19, 2025 - Jun 27, 2025
#3	-14.59% Jun 7, 2022 - Aug 18, 2022	-9.24% Jan 29, 2026 - Apr 14, 2026
#4	-14.40% Aug 25, 2022 - Jul 21, 2023	-8.90% Jul 16, 2024 - Sep 19, 2024
#5	-11.47% Jan 21, 2025 - Jul 18, 2025	-5.49% Mar 28, 2024 - May 14, 2024
#6	-9.73% Sep 5, 2014 - Nov 18, 2014	-5.40% Oct 29, 2025 - Dec 11, 2025
#7	-8.84% Jul 24, 2023 - Dec 1, 2023	-4.78% Aug 30, 2021 - Oct 19, 2021
#8	-8.83% Oct 17, 2012 - Jan 10, 2013	-4.46% Jun 2, 2026 - Jun 10, 2026
#9	-8.75% Nov 29, 2024 - Jan 21, 2025	-4.16% Nov 16, 2021 - Dec 23, 2021
#10	-8.38% May 21, 2013 - Feb 10, 2014	-3.91% Dec 6, 2024 - Jan 22, 2025
#11	-8.35% Apr 20, 2022 - Jun 7, 2022	-2.97% Oct 8, 2025 - Oct 24, 2025
#12	-7.35% Nov 26, 2014 - Dec 26, 2014	-2.82% Jul 12, 2021 - Jul 23, 2021
#13	-7.09% Jun 15, 2021 - Oct 19, 2021	-2.77% Dec 11, 2025 - Dec 23, 2025
#14	-6.72% Oct 20, 2021 - Jan 7, 2022	-2.64% Oct 14, 2024 - Nov 6, 2024
#15	-5.69% Sep 23, 2019 - Dec 24, 2019	-2.59% Jan 12, 2026 - Jan 27, 2026

Correlation

Correlation between EMLP and TSPA 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 TSPA dividend yield comparison.

Year	EMLP	TSPA
2026	1.39%	0.00%
2025	3.18%	0.62%
2024	3.19%	0.50%
2023	3.92%	0.41%
2022	3.15%	1.16%
2021	3.29%	0.43%
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%