EMLP vs FXU
First Trust North American Energy Infrastructure Fund against First Trust Utilities AlphaDEX Fund: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
42%
28 shared positions
Fee gap
34 bp
FXU is cheaper
1-year return gap
13.6 pts
EMLP is ahead
Larger fund
EMLP
$4.1B
Side by side
| EMLP | FXU | |
|---|---|---|
| Fund | First Trust North American Energy Infrastructure Fund | First Trust Utilities AlphaDEX Fund |
| Issuer | First Trust | First Trust |
| Category | MLPs & Midstream | Utilities |
| Expense ratio | 0.95% | 0.61% |
| Assets | $4.1B | $743M |
| Average daily dollar volume | $14M | $11M |
| Listed | Jun 20, 2012 | May 8, 2007 |
| FrenzyCap score | 50 | 49 |
| 1-month return | +1.2% | +3.8% |
| 3-month return | −3.7% | −6.6% |
| Year to date | +14.0% | +4.0% |
| 1-year return | +12.8% | −0.8% |
| 30-day volatility | 12.8% | 14.6% |
| Worst drawdown, 1 year | −8.6% | −15.0% |
| Trailing 12-month yield | 2.84% | 2.40% |
| Holdings | 61 | 41 |
| Top 10 weight | 42.0% | 40.1% |
| Look-through P/E | 16.8 | 17.5 |
| Holdings vs fair value | +14.8% | +3.7% |
| Holdings above 200-day average | 38% | 25% |
| Net flow, latest 3 reported months | +$120M thru Jul 2026 | −$42M thru Jul 2026 |
| 30-day implied volatility | 24.5% | 31.1% |
| Holdings as of | as of Oct 20, 2026issuer data | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
44% of EMLP · 73% of FXU| Holding | EMLP | FXU |
|---|---|---|
| NFG | 3.87% | 4.11% |
| PPL | 2.71% | 3.29% |
| DUK | 2.59% | 4.15% |
| AEP | 2.37% | 2.51% |
| CMS | 2.12% | 2.54% |
| XEL | 1.85% | 3.40% |
| PEG | 1.78% | 2.46% |
| SO | 2.25% | 1.71% |
| EVRG | 1.67% | 3.30% |
| SRE | 2.04% | 1.66% |
| OGE | 1.59% | 3.27% |
| WEC | 1.59% | 1.68% |
| NEE | 1.58% | 1.63% |
| CNP | 1.57% | 1.71% |
| DTE | 1.53% | 2.49% |
| FE | 1.53% | 1.65% |
| D | 1.37% | 1.62% |
| ATO | 1.31% | 3.34% |
| CWEN | 1.17% | 2.42% |
| IDA | 1.06% | 1.65% |
| LNT | 1.05% | 2.53% |
| AEE | 1.04% | 3.34% |
| ETR | 2.33% | 0.83% |
| NI | 0.79% | 2.57% |
| UGI | 0.65% | 4.22% |
Sector mix of the stock holdings
| Sector | EMLP | FXU | Gap |
|---|---|---|---|
| Utilities | 69.9% | 96.5% | −26.6% |
| Energy | 8.4% | 0.0% | +8.4% |
| Industrials | 4.0% | 0.0% | +4.0% |
| Materials | 0.5% | 3.2% | −2.7% |
More: full overlap table · EMLP holdings · FXU holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.