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EMLPvsPAVEETF Comparison
First Trust North American Energy Infrastructure ETF
First Trust North American Energy Infrastructure ETF (EMLP) and Global X U.S. Infrastructure Development ETF (PAVE) belong to the same industry segment: Infrastructure. EMLP's top 3 sector exposures are Utilities, Energy and Industrials. In contrast, PAVE's top sector exposures are Industrials, Materials and Utilities. EMLP is more expensive with a Total Expense Ratio (TER) of 0.95%, versus 0.47% for PAVE. EMLP is up 14.97% year-to-date (YTD) with +$79M in YTD flows. PAVE performs worse with 8.76% YTD performance, and +$1.05B in YTD flows. Run a side-by-side ETF comparison of EMLP and PAVE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
EMLP vs PAVE performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | EMLP PAVE | +4.18%-6.58% | +14.61%+5.17% | +14.97%+8.76% | +23.72%+38.54% | +85.00%+92.66% | +125.65%+119.98% |
| Flows | EMLP PAVE | +$63M+$565M | +$100M+$1.31B | +$79M+$1.05B | +$196M+$1.28B | +$71M+$3.60B | +$380M+$5.55B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | EMLP PAVE | +10.15%+19.64% | +13.57%+22.57% | +13.04%+20.32% | +14.61%+21.77% |
| Max drawdown | EMLP PAVE | -1.89%-7.29% | -11.20%-14.24% | -11.35%-26.27% | -14.41%-26.27% |
| Max drawdown duration | EMLP PAVE | 8d17d | 106d37d | 177d239d | 329d239d |
EMLP | PAVE | |
Last sale 3/12/2026 at 6:09 PM | $43.86 | $50.71 |
| Previous close 03/11/2026 | $43.53 | $51.98 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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EMLP | PAVE | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
EMLP | PAVE | |
|---|---|---|
| Last price | $43.86 | $50.71 |
| 1D performance | +0.75% | -2.44% |
| AuM | $3.97 B | $11.86 B |
| E/R | 0.95% | 0.47% |
EMLP | PAVE | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | First Trust | Global X |
| Benchmark | - | Indxx U.S. Infrastructure Development Index |
| N° of holdings | 60 | 91 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 20, 2012 | March 6, 2017 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the EMLP and PAVE ETFs performed in 2026?
As of March 11, 2026, EMLP is up 14.97% year-to-date (YTD), while PAVE has returned 8.76%. That puts EMLP better performer ahead so far this year.
Which ETF is attracting more investor money: EMLP or PAVE?
Year-to-date, the EMLP ETF saw +$79M in flows, compared to +$1.05B for PAVE.
Which ETF is more volatile: EMLP or PAVE?
Over the past year, EMLP had a volatility of 13.57%, while PAVE experienced 22.57%.
Which ETF is bigger: EMLP or PAVE?
As of March 11, 2026, EMLP holds $3.97 B in assets under management (AUM), while PAVE manages $11.86 B.
What sectors do the EMLP and PAVE ETFs invest in?
EMLP leans toward sectors like Utilities and Energy. Meanwhile, PAVE focuses on Industrials and Materials.
What are the top holdings of the EMLP ETF and PAVE ETF?
EMLP top holdings include ENTERPRISE PRODUCTS PARTNERS UNT, ENERGY TRANSFER LP UNITS and MPLX COMMON UNITS. PAVE holds in its top three: HOWMET AEROSPACE INC, PARKER HANNIFIN and QUANTA SERVICES.
Which ETF is more diversified: EMLP or PAVE?
EMLP holds 61 securities with 51.31% of its assets in the top 15. PAVE has 98 securities and a top 15 weight of 45.12%.
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