EMLP vs UTG

Comparison between FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUND (EMLP, ETF) and Reaves Utility Income Fund (UTG, ETF).

5-Year PerformanceEMLP has outperformed UTG, delivering a return of +15.7% compared to +11.9%

EMLP vs UTG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMLP(ETF)	UTG(ETF)
Net Assets	$3.90B	$4B
Expense Ratio	0.95%	N/A
Max Drawdown	48.01%	71.97%
Sharpe Ratio	1.48	1.33
5Y Beta	0.37	0.51
P/E Ratio	18.50	N/A
Forward P/E	16.15	N/A
PEG Ratio	0.10	N/A
5Y Dividends CAGR	4.58%	2.05%
5Y EPS CAGR	12.08%	N/A

Net Assets

EMLP

$3.90B

Winner

UTG

$4B

Expense Ratio

EMLP

0.95%

UTG

N/A

Max Drawdown

Winner

EMLP

48.01%

UTG

71.97%

Sharpe Ratio

Winner

EMLP

1.48

UTG

1.33

5Y Beta

Winner

EMLP

0.37

UTG

0.51

P/E Ratio

EMLP

18.50

UTG

N/A

Forward P/E

EMLP

16.15

UTG

N/A

PEG Ratio

EMLP

0.10

UTG

N/A

5Y Dividends CAGR

Winner

EMLP

4.58%

UTG

2.05%

5Y EPS CAGR

EMLP

12.08%

UTG

N/A

EMLP vs UTG - Historical Returns

Returns include dividend reinvestment.

Period	EMLP	UTG
1 month	-2.36%	+3.61%
3 months	-0.82%	+5.10%
6 months	+14.82%	+20.31%
1 year	+19.04%	+29.19%
5 years(CAGR)	+15.74%	+11.93%
10 years(CAGR)	+10.15%	+10.61%
Max(CAGR)	+9.60%	+11.45%

EMLP

-2.36%

Winner

UTG

+3.61%

EMLP

-0.82%

Winner

UTG

+5.10%

EMLP

+14.82%

Winner

UTG

+20.31%

EMLP

+19.04%

Winner

UTG

+29.19%

5Y(CAGR)

Winner

EMLP

+15.74%

UTG

+11.93%

10Y(CAGR)

EMLP

+10.15%

Winner

UTG

+10.61%

Max(CAGR)

EMLP

+9.60%

Winner

UTG

+11.45%

EMLP vs UTG - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	EMLP	UTG
2026	+13.14%	+16.31%
2025	+9.02%	+22.37%
2024	+32.40%	+26.78%
2023	+9.13%	+1.15%
2022	+9.95%	-13.56%
2021	+25.39%	+14.73%
2020	-12.95%	-5.97%
2019	+23.62%	+34.02%
2018	-9.37%	+2.33%
2017	+0.83%	+5.13%
2016	+29.40%	+29.83%
2015	-25.87%	-13.69%
2014	+25.38%	+40.00%
2013	+13.77%	+10.23%
2012	+6.34%	+1.80%
2011	N/A	+24.05%
2010	N/A	+25.45%
2009	N/A	+62.35%
2008	N/A	-48.44%
2007	N/A	+13.55%
2006	N/A	+32.40%
2005	N/A	+3.71%
2004	N/A	+5.34%

EMLP vs UTG Drawdown Comparison

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

The maximum drawdown for UTG was -67.57%, occurring on Mar 9, 2009. Recovery took 637 trading sessions.

The current EMLP drawdown is -3.96%. The current UTG drawdown is -2.63%.

Rank	EMLP	UTG
#1	-43.61% Feb 20, 2020 - Jun 3, 2021	-67.57% Jan 11, 2008 - Jul 23, 2010
#2	-35.59% Dec 29, 2014 - Mar 11, 2019	-47.96% Feb 12, 2020 - Sep 2, 2021
#3	-14.59% Jun 7, 2022 - Aug 18, 2022	-26.50% Apr 20, 2022 - Aug 15, 2024
#4	-14.40% Aug 25, 2022 - Jul 21, 2023	-22.57% Feb 3, 2015 - May 4, 2016
#5	-11.47% Jan 21, 2025 - Jul 18, 2025	-22.28% Aug 24, 2017 - Mar 18, 2019
#6	-9.73% Sep 5, 2014 - Nov 18, 2014	-21.31% Jul 25, 2011 - Sep 20, 2011
#7	-8.84% Jul 24, 2023 - Dec 1, 2023	-20.03% Mar 17, 2004 - Dec 22, 2004
#8	-8.83% Oct 17, 2012 - Jan 10, 2013	-15.92% Jul 3, 2012 - Mar 13, 2013
#9	-8.75% Nov 29, 2024 - Jan 21, 2025	-15.24% May 21, 2007 - Oct 31, 2007
#10	-8.38% May 21, 2013 - Feb 10, 2014	-14.94% Nov 27, 2024 - May 15, 2025
#11	-8.35% Apr 20, 2022 - Jun 7, 2022	-14.87% Sep 7, 2005 - Jul 25, 2006
#12	-7.35% Nov 26, 2014 - Dec 26, 2014	-13.51% May 17, 2013 - Feb 11, 2014
#13	-7.09% Jun 15, 2021 - Oct 19, 2021	-11.66% Jul 11, 2016 - Dec 27, 2016
#14	-6.72% Oct 20, 2021 - Jan 7, 2022	-11.57% Oct 15, 2025 - Feb 17, 2026
#15	-5.69% Sep 23, 2019 - Dec 24, 2019	-11.30% Sep 3, 2021 - Apr 20, 2022

Correlation

Correlation between EMLP and UTG is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2004 - 2026)

EMLP vs UTG dividend yield comparison.

Year	EMLP	UTG
2026	0.70%	2.38%
2025	3.18%	6.42%
2024	3.19%	7.19%
2023	3.92%	8.53%
2022	3.15%	8.07%
2021	3.29%	6.35%
2020	4.70%	6.59%
2019	3.71%	5.69%
2018	4.71%	6.86%
2017	3.80%	6.21%
2016	3.62%	9.02%
2015	4.63%	6.99%
2014	3.08%	5.18%
2013	3.30%	6.44%
2012	1.20%	6.54%
2011	0.00%	6.85%
2010	0.00%	6.52%
2009	0.00%	8.23%
2008	0.00%	14.36%
2007	0.00%	8.54%
2006	0.00%	5.78%
2005	0.00%	8.09%
2004	0.00%	5.15%