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EMLPvsPAVEETF Comparison

ETF 1

EMLP

First Trust North American Energy Infrastructure ETF

This fund is part of

Infrastructure

-0.71%

Full EMLP fund page

VS

ETF 2

PAVE

Global X U.S. Infrastructure Development ETF

This fund is part of

Infrastructure

-0.71%

Full PAVE fund page

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 Energy, Utilities and Industrials. EMLP is more expensive with a Total Expense Ratio (TER) of 0.95%, versus 0.47% for PAVE. EMLP is up 18.44% year-to-date (YTD) with +$237M in YTD flows. PAVE performs worse with 11.93% YTD performance, and +$2.41B 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.

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EMLP vs PAVE performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/09/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	EMLP PAVE	+1.53%-8.37%	+3.19%-3.30%	+18.44%+11.93%	+21.81%+16.00%	+78.86%+73.35%	+110.87%+108.49%
Flows	EMLP PAVE	+$29M+$412M	+$91M+$660M	+$237M+$2.41B	+$309M+$2.77B	+$348M+$4.26B	+$453M+$4.45B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	EMLP PAVE	+10.89%+20.62%	+10.59%+20.59%	+12.93%+20.96%	+14.50%+22.06%
Max drawdown	EMLP PAVE	-3.13%-10.76%	-4.93%-11.91%	-11.35%-26.27%	-14.41%-26.27%
Max drawdown duration	EMLP PAVE	45d77d	82d59d	177d239d	329d239d

Trading data

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	EMLP	PAVE
Last sale 9/11/2026 at 1:30 PM	$43.79	$54.08
Previous close 09/10/2026	$43.95	$53.36
Consolidated volume 09/10/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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EMLP

is actively managed and doesn’t replicate an index

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	EMLP	PAVE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/11/2026 at 1:30 PM

Live

Closed

	EMLP	PAVE
Last price	$43.79	$54.08
1D performance	-0.36%	+1.35%
AuM	$4.19 B	$13.49 B
E/R	0.95%	0.47%

Characteristics

	EMLP	PAVE
Management strategy	Active	Passive
Provider	First Trust	Global X
Benchmark	-	Indxx U.S. Infrastructure Development Index
N° of holdings	56	-
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	June 20, 2012	March 6, 2017
ESG	No	No

More EMLP data on Trackinsight

More PAVE data on Trackinsight

Exposure

Countries

EMLP

USA

88.7%

Other

11.3%

PAVE

Data will be available soon

Sectors

EMLP

Energy

45.58%

Utilities

42.25%

Other

12.17%

PAVE

Data will be available soon

Diversification

EMLP

Total weight of top 15 holdings out of 15

52.1%

PAVE

Data will be available soon

Top 15 holdings

Data as of July 31, 2026

EMLP

Enterprise Products Partners LP

8.78%

Energy Transfer LP

7.96%

Plains GP Holdings LP

4.27%

MPLX LP

4.24%

National Fuel Gas Co.

3.95%

Kinder Morgan, Inc.

3.57%

PPL Corp.

2.58%

The Southern Co.

2.55%

ONEOK, Inc.

2.32%

ONE Gas, Inc.

2.27%

Duke Energy Corp.

2.22%

Entergy Corp.

2.10%

Sempra

1.82%

Cheniere Energy, Inc.

1.75%

CMS Energy Corp.

1.72%

PAVE

Data will be available soon

Frequently asked questions about EMLP and PAVE

How have the EMLP and PAVE ETFs performed in 2026?

As of September 9, 2026, EMLP is up 18.44% year-to-date (YTD), while PAVE has returned 11.93%. 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 +$237M in flows, compared to +$2.41B for PAVE.

Which ETF is more volatile: EMLP or PAVE?

Over the past year, EMLP had a volatility of 10.59%, while PAVE experienced 20.59%.

Which ETF is bigger: EMLP or PAVE?

As of September 9, 2026, EMLP holds $4.19 B in assets under management (AUM), while PAVE manages $13.49 B.

PAVE

How US Infrastructure Can Benefit Your Portfolio

April 3, 2023

PAVE

EMLPvsPAVEETF Comparison

First Trust North American Energy Infrastructure ETF

Global X U.S. Infrastructure Development ETF

EMLP vs PAVE performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the EMLP and PAVE ETFs performed in 2026?

As of September 9, 2026, EMLP is up 18.44% year-to-date (YTD), while PAVE has returned 11.93%. 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 +$237M in flows, compared to +$2.41B for PAVE.

Which ETF is more volatile: EMLP or PAVE?

Over the past year, EMLP had a volatility of 10.59%, while PAVE experienced 20.59%.

Which ETF is bigger: EMLP or PAVE?

As of September 9, 2026, EMLP holds $4.19 B in assets under management (AUM), while PAVE manages $13.49 B.

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