Which returned more over the last year, EMLP or FVD?

In the year to Oct 9, 2026, with distributions reinvested, EMLP returned +14.8% and FVD +6.6%.

Which is cheaper, EMLP or FVD?

FVD is cheaper, by 0.33 percentage points a year. On $10,000 held for a year that difference is about $33. Fees come from each fund's prospectus.

How much do EMLP and FVD overlap with the S&P 500?

By their latest filed holdings, 43% of EMLP and 63% of FVD by weight is stocks the S&P 500 already holds.

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EMLP vs FVD: how they differ

EMLP and FVD hold 12% of their weight in the same names, and EMLP returned +14.8% over the year. First Trust North American Energy Infrastructure Fund and First Trust Value Line Dividend Index Fund.

FVD costs 0.33 points a year less; their one-year returns differ by 8.2 points; FVD is 1.9 times larger.

	EMLP	FVD
Expense ratio	0.95%	0.62%
Net assets	$4.1bn	$7.6bn
Total return, 1 year	+14.8%	+6.6%
Holdings in common	12%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	42.7%	4.5%
Below its high	4.8%, high on Jul 23, 2026	6.1%, high on Aug 24, 2026

Holdings in common uses holdings dated Oct 9, 2026.

+14.8%

EMLP total return, 1 year

+6.6%

FVD total return, 1 year

0.95%

EMLP expense ratio

0.62%

FVD expense ratio

What they hold in common

By the books each fund has filed, EMLP and FVD hold 12% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 9, 2026.

50%

half

12% in common

Positions both hold, largest shared weight first

Holding EMLP FVD

IDACORP, Inc. 1.05% 0.44%

OGE Energy Corp. 1.58% 0.44%

PPL Corporation 2.88% 0.44%

Public Service Enterprise Group Incorporated 1.85% 0.44%

Alliant Energy Corporation 1.02% 0.43%

American Electric Power Company, Inc. 2.32% 0.43%

Atmos Energy Corporation 1.29% 0.43%

CMS Energy Corporation 2.06% 0.43%

CenterPoint Energy, Inc. 1.53% 0.43%

Entergy Corporation 2.32% 0.43%

Evergy, Inc. 1.66% 0.43%

Kinder Morgan, Inc. 3.88% 0.43%

Only in EMLP

Enterprise Products Partners L.P. 8.62%

Energy Transfer LP 7.58%

MPLX LP 4.26%

Plains GP Holdings, L.P. (Class A) 3.91%

ONEOK, Inc. 2.31%

Sempra 2.03%

Cheniere Energy, Inc. 1.66%

Cheniere Energy Partners, L.P. 1.41%

Only in FVD

Accenture plc 0.47%

Cboe Global Markets, Inc. 0.47%

Amgen Inc. 0.45%

Black Hills Corporation 0.45%

Cisco Systems, Inc. 0.45%

Emerson Electric Co. 0.45%

ExxonMobil Holdings Corp. 0.45%

Linde Plc 0.45%

Check overlap with more funds →

On the same fields

EMLP

First Trust North American Energy Infrastructure Fund

FVD

First Trust Value Line Dividend Index Fund

Where it sits Stock ETF Stock ETF

Issuer First Trust First Trust

What it is Actively managed Tracks an index

Total return, 1 year +14.8% +6.6%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 −2.5 pts −10.7 pts

Expense ratio 0.95% 0.62%

Already in the S&P 500 42.9% 62.7%

Holdings 58 239

Net assets $4.1bn $7.6bn

EMLP and FVD on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

EMLP in plain words

EMLP is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +14.8% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.95% a year. By its holdings published by its issuer for Oct 9, 2026, 43% of the fund by weight is stocks the S&P 500 also holds, across 58 positions, with the top ten at 42.7%. It sat 4.8% below its high of Jul 23, 2026 on Oct 9, 2026.

FVD in plain words

FVD tracks an index. Over the year to Oct 9, 2026 it returned +6.6% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.62% a year. By its holdings published by its issuer for Oct 9, 2026, 63% of the fund by weight is stocks the S&P 500 also holds, across 239 positions, with the top ten at 4.5%. It sat 6.1% below its high of Aug 24, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, EMLP or FVD?: In the year to Oct 9, 2026, with distributions reinvested, EMLP returned +14.8% and FVD +6.6%.
Which is cheaper, EMLP or FVD?: FVD is cheaper, by 0.33 percentage points a year. On $10,000 held for a year that difference is about $33. Fees come from each fund's prospectus.
How much do EMLP and FVD overlap with the S&P 500?: By their latest filed holdings, 43% of EMLP and 63% of FVD by weight is stocks the S&P 500 already holds.

Other comparisons

EMLP vs VFLO EMLP vs IJJ EMLP vs NOBL EMLP vs IWS FTXR vs FVD FVD vs WTV FVD vs MDYV FVD vs VFLO

EMLP on its own →FVD on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

EMLP filings on SEC EDGAR ↗EMLP prospectus with the expense ratio (SEC) ↗First Trust page for EMLP ↗FVD filings on SEC EDGAR ↗FVD prospectus with the expense ratio (SEC) ↗First Trust page for FVD ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Cite this page

ETFIQ, EMLP against FVD, data as of Oct 9, 2026. https://etfiq.com/compare/any/emlp-vs-fvd

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.