EMLP vs TPZ

First Trust North American Energy Infrastructure Fund against Tortoise Electrification Infrastructure ETF: cost, size, returns, what they hold and how much of it is the same.

Overlap by weight

38%

20 shared positions

Fee gap

10 bp

TPZ is cheaper

1-year return gap

13.3 pts

EMLP is ahead

Larger fund

EMLP

$4.0B

Side by side

	EMLP	TPZ
Fund	First Trust North American Energy Infrastructure Fund	Tortoise Electrification Infrastructure ETF
Issuer	First Trust	Tortoise
Category	MLPs & Midstream	EVs & Batteries
Expense ratio	0.95%	0.85%
Assets	$4.0B	$115M
Average daily dollar volume	$14M	$187K
Listed	Jun 20, 2012	Jul 29, 2009
FrenzyCap score	51	22
1-month return	−3.6%	−3.3%
3-month return	−4.4%	−6.9%
Year to date	+11.9%	+1.8%
1-year return	+10.0%	−3.3%
30-day volatility	10.1%	15.0%
Worst drawdown, 1 year	−8.6%	−13.3%
Trailing 12-month yield	2.89%	3.92%
Holdings	64	32
Top 10 weight	39.2%	52.7%
Look-through P/E	16.7	21.1
Holdings vs fair value	+14.1%	+10.2%
Holdings above 200-day average	34%	41%
Net flow, latest 3 reported months	+$120M thru Jul 2026	−$5.5M thru May 2026
30-day implied volatility	24.7%	—
Holdings as of	as of Apr 30, 2026SEC filing	as of May 31, 2026SEC filing

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

42% of EMLP · 78% of TPZ

Holding	EMLP	TPZ
ET	7.49%	7.22%
MPLX	4.04%	4.43%
EPD	7.17%	3.19%
ETR	2.43%	5.87%
AEP	2.06%	2.44%
OKE	2.06%	3.52%
SRE	1.82%	3.04%
WMB	1.55%	5.42%
DTE	1.50%	2.37%
WEC	1.45%	2.95%
LNG	1.41%	4.75%
CNP	1.34%	3.61%
NEE	1.27%	2.98%
TRGP	1.12%	5.64%
VST	1.11%	3.97%
TRP	1.06%	5.28%
DTM	1.05%	3.65%
PWR	1.25%	0.95%
ENB	0.51%	2.31%
CEG	0.40%	4.53%

Sector mix of the stock holdings

Sector	EMLP	TPZ	Gap
Utilities	66.9%	78.7%	−11.8%
Energy	8.4%	7.8%	+0.6%
Industrials	3.6%	2.7%	+0.9%
Technology	0.0%	0.9%	−0.9%
Materials	0.6%	0.0%	+0.6%

More: full overlap table · EMLP holdings · TPZ 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.