EMLP vs UPRO

Comparison between FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUND (EMLP, ETF) and PROSHARES ULTRAPRO S&P500 (UPRO, ETF).

5-Year PerformanceUPRO has outperformed EMLP, delivering a return of +21.6% compared to +16.0%

EMLP vs UPRO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMLP(ETF)	UPRO(ETF)
Net Assets	$4B	$4B
Expense Ratio	0.95%	N/A
Max Drawdown	48.01%	76.82%
Sharpe Ratio	1.69	1.98
5Y Beta	0.40	2.89
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%	84.45%
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

UPRO

$4B

Expense Ratio

EMLP

0.95%

UPRO

N/A

Max Drawdown

Winner

EMLP

48.01%

UPRO

76.82%

Sharpe Ratio

EMLP

1.69

Winner

UPRO

1.98

5Y Beta

Winner

EMLP

0.40

UPRO

2.89

P/E Ratio

EMLP

17.96

UPRO

N/A

Forward P/E

EMLP

16.54

UPRO

N/A

PEG Ratio

EMLP

0.15

UPRO

N/A

5Y Dividends CAGR

EMLP

4.58%

Winner

UPRO

84.45%

5Y EPS CAGR

EMLP

13.87%

UPRO

N/A

P/S Ratio

EMLP

1.16

UPRO

N/A

P/B Ratio

EMLP

2.53

UPRO

N/A

EMLP vs UPRO - Holdings Comparison

EMLP and UPRO have 32 common holdings. Overlap is 1.32%

EMLP's top 25 holdings weight is 69.79%. UPRO's top 25 holdings weight is 68.84%.

Rank	EMLP	UPRO
#1	ENERGY TRANSFER LP (ET) - 7.34%	PROSHARES GENIUS MONEY MARKET ETF (IQMM) - 29.07%
#2	ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 7.27%	S&P 500 INDEX SWAP (n/a) - 12.08%
#3	MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 7.15%	NVIDIA CORP (NVDA) - 4.11%
#4	MPLX LP PARTNERSHIP UNITS (MPLX) - 4.03%	APPLE INC (AAPL) - 3.15%
#5	PLAINS GP HOLDINGS LP CLASS A (PAGP) - 3.83%	MICROSOFT CORP (MSFT) - 2.53%
#6	KINDER MORGAN INC CLASS P (KMI) - 3.63%	AMAZON.COM INC (AMZN) - 2.01%
#7	NATIONAL FUEL GAS CO (NFG) - 3.50%	CTE PROSHARES TRUST M (n/a) - 1.86%
#8	PPL CORP (PPL) - 2.68%	ALPHABET INC CLASS A (GOOGL) - 1.62%
#9	SOUTHERN CO (SO) - 2.66%	BROADCOM INC (AVGO) - 1.50%
#10	ENTERGY CORP (ETR) - 2.37%	ALPHABET INC CLASS C (GOOG) - 1.29%
#11	AMERICAN ELECTRIC POWER CO INC (AEP) - 2.08%	CASH (n/a) - 1.21%
#12	ONEOK INC (OKE) - 2.04%	META PLATFORMS INC CLASS A (META) - 1.16%
#13	SUNOCO LP (SUN) - 2.00%	E-MINI S&P 500 FUTURE JUNE 26 (n/a) - 1.15%
#14	ONE GAS INC (OGS) - 1.98%	TESLA INC (TSLA) - 0.84%
#15	DUKE ENERGY CORP (DUK) - 1.94%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 0.70%
#16	SEMPRA (SRE) - 1.82%	JPMORGAN CHASE & CO (JPM) - 0.67%
#17	PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) - 1.64%	ELI LILLY AND CO (LLY) - 0.55%
#18	EVERGY INC (EVRG) - 1.62%	EXXON MOBIL CORP (XOM) - 0.50%
#19	FIRSTENERGY CORP (FE) - 1.51%	MICRON TECHNOLOGY INC (MU) - 0.45%
#20	WILLIAMS COMPANIES INC (WMB) - 1.51%	WALMART INC (WMT) - 0.44%
#21	DTE ENERGY CO (DTE) - 1.50%	JOHNSON & JOHNSON (JNJ) - 0.44%
#22	WEC ENERGY GROUP INC (WEC) - 1.45%	ADVANCED MICRO DEVICES INC (AMD) - 0.42%
#23	CLEARWAY ENERGY INC CLASS A (n/a) - 1.44%	VISA INC CLASS A (V) - 0.41%
#24	OGE ENERGY CORP (OGE) - 1.41%	COSTCO WHOLESALE CORP (COST) - 0.35%
#25	CHENIERE ENERGY INC (LNG) - 1.39%	MASTERCARD INC CLASS A (MA) - 0.33%
Total Holdings	64	509

EMLP vs UPRO - Historical Returns

Returns include dividend reinvestment.

Period	EMLP	UPRO
1 month	-2.25%	+28.36%
3 months	+5.92%	+16.14%
6 months	+14.54%	+24.88%
1 year	+21.64%	+97.54%
5 years(CAGR)	+16.02%	+21.61%
10 years(CAGR)	+10.81%	+30.11%
Max(CAGR)	+9.70%	+33.01%

EMLP

-2.25%

Winner

UPRO

+28.36%

EMLP

+5.92%

Winner

UPRO

+16.14%

EMLP

+14.54%

Winner

UPRO

+24.88%

EMLP

+21.64%

Winner

UPRO

+97.54%

5Y(CAGR)

EMLP

+16.02%

Winner

UPRO

+21.61%

10Y(CAGR)

EMLP

+10.81%

Winner

UPRO

+30.11%

Max(CAGR)

EMLP

+9.70%

Winner

UPRO

+33.01%

EMLP vs UPRO - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	EMLP	UPRO
2026	+13.43%	+19.94%
2025	+9.02%	+33.00%
2024	+32.40%	+66.56%
2023	+9.13%	+70.82%
2022	+9.95%	-57.58%
2021	+25.39%	+107.13%
2020	-12.95%	+7.18%
2019	+23.62%	+101.91%
2018	-9.37%	-26.65%
2017	+0.83%	+67.74%
2016	+29.40%	+36.68%
2015	-25.87%	-4.99%
2014	+25.38%	+42.06%
2013	+13.77%	+103.37%
2012	+6.34%	+40.02%
2011	N/A	-14.37%
2010	N/A	+29.81%
2009	N/A	+73.78%

EMLP vs UPRO Drawdown Comparison

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

The maximum drawdown for UPRO was -76.82%, occurring on Mar 23, 2020. Recovery took 225 trading sessions.

The current EMLP drawdown is -3.71%.

Rank	EMLP	UPRO
#1	-43.61% Feb 20, 2020 - Jun 3, 2021	-76.82% Feb 19, 2020 - Jan 8, 2021
#2	-35.59% Dec 29, 2014 - Mar 11, 2019	-63.94% Jan 3, 2022 - Jun 17, 2024
#3	-14.59% Jun 7, 2022 - Aug 18, 2022	-51.73% Apr 29, 2011 - Apr 2, 2012
#4	-14.40% Aug 25, 2022 - Jul 21, 2023	-50.28% Sep 20, 2018 - Jul 12, 2019
#5	-11.47% Jan 21, 2025 - Jul 18, 2025	-48.86% Feb 19, 2025 - Jul 25, 2025
#6	-9.73% Sep 5, 2014 - Nov 18, 2014	-42.88% Apr 23, 2010 - Dec 10, 2010
#7	-8.84% Jul 24, 2023 - Dec 1, 2023	-39.29% May 21, 2015 - Jul 18, 2016
#8	-8.83% Oct 17, 2012 - Jan 10, 2013	-29.34% Jan 26, 2018 - Aug 29, 2018
#9	-8.75% Nov 29, 2024 - Jan 21, 2025	-27.26% Apr 2, 2012 - Sep 6, 2012
#10	-8.38% May 21, 2013 - Feb 10, 2014	-26.79% Jan 12, 2026 - Apr 17, 2026
#11	-8.35% Apr 20, 2022 - Jun 7, 2022	-24.41% Jul 16, 2024 - Sep 24, 2024
#12	-7.35% Nov 26, 2014 - Dec 26, 2014	-22.72% Jan 19, 2010 - Mar 16, 2010
#13	-7.09% Jun 15, 2021 - Oct 19, 2021	-21.27% Sep 14, 2012 - Jan 4, 2013
#14	-6.72% Oct 20, 2021 - Jan 7, 2022	-21.05% Sep 18, 2014 - Nov 3, 2014
#15	-5.69% Sep 23, 2019 - Dec 24, 2019	-18.18% Feb 18, 2011 - Apr 26, 2011

Correlation

Correlation between EMLP and UPRO is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2009 - 2026)

EMLP vs UPRO dividend yield comparison.

Year	EMLP	UPRO
2026	0.69%	0.16%
2025	3.18%	0.84%
2024	3.19%	0.93%
2023	3.92%	0.74%
2022	3.15%	0.52%
2021	3.29%	0.06%
2020	4.70%	0.11%
2019	3.71%	0.41%
2018	4.71%	0.63%
2017	3.80%	0.00%
2016	3.62%	0.12%
2015	4.63%	0.34%
2014	3.08%	0.22%
2013	3.30%	0.07%
2012	1.20%	0.05%
2011	0.00%	0.06%
2010	0.00%	0.18%
2009	0.00%	0.11%