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

In the year to Oct 9, 2026, with distributions reinvested, EMLP returned +14.8% and IWS +20.2%.

Which is cheaper, EMLP or IWS?

IWS is cheaper, by 0.72 percentage points a year. On $10,000 held for a year that difference is about $72. Fees come from each fund's prospectus.

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

By their latest filed holdings, 43% of EMLP and 66% of IWS by weight is stocks the S&P 500 already holds.

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EMLP vs IWS: how they differ

EMLP and IWS hold 7% of their weight in the same names, and IWS returned +20.2% over the year. First Trust North American Energy Infrastructure Fund and iShares Russell Mid-Cap Value ETF.

IWS costs 0.72 points a year less; their one-year returns differ by 5.4 points; IWS is 3.8 times larger.

	EMLP	IWS
Expense ratio	0.95%	0.23%
Net assets	$4.1bn	$15.3bn
Total return, 1 year	+14.8%	+20.2%
Holdings in common	7%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	42.7%	7.0%
Below its high	4.8%, high on Jul 23, 2026	4.6%, high on Aug 14, 2026

Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.

+14.8%

EMLP total return, 1 year

+20.2%

IWS total return, 1 year

0.95%

EMLP expense ratio

0.23%

IWS expense ratio

What they hold in common

By the books each fund has filed, EMLP and IWS hold 7% 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 8, 2026 and Oct 9, 2026.

50%

half

7% in common

Positions both hold, largest shared weight first

Holding EMLP IWS

Kinder Morgan, Inc. 3.88% 0.63%

ONEOK, Inc. 2.31% 0.57%

Cheniere Energy, Inc. 1.66% 0.54%

Entergy Corporation 2.32% 0.48%

Xcel Energy Inc. 1.81% 0.46%

Public Service Enterprise Group Incorporated 1.85% 0.36%

WEC Energy Group, Inc. 1.54% 0.34%

Ameren Corporation 1.02% 0.28%

PG&E Corporation 0.50% 0.28%

Atmos Energy Corporation 1.29% 0.26%

DTE Energy Company 1.53% 0.26%

PPL Corporation 2.88% 0.26%

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%

The Southern Company 2.83%

Duke Energy Corporation 2.53%

American Electric Power Company, Inc. 2.32%

ONE Gas, Inc. 2.22%

Only in IWS

PHILLIPS 66 1.06%

HEWLETT PACKARD ENTERPRISE 0.94%

MODERNA 0.72%

MARATHON PETROLEUM 0.67%

DIGITAL REALTY TRUST REIT 0.65%

ALLSTATE CORP 0.59%

AMETEK INC 0.57%

BAKER HUGHES CLASS A 0.56%

Check overlap with more funds →

On the same fields

EMLP

First Trust North American Energy Infrastructure Fund

IWS

iShares Russell Mid-Cap Value ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust iShares

What it is Actively managed Tracks an index

Total return, 1 year +14.8% +20.2%

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

Gap to the S&P 500 −2.5 pts +3.0 pts

Expense ratio 0.95% 0.23%

Already in the S&P 500 42.9% 66.1%

Holdings 58 719

Net assets $4.1bn $15.3bn

EMLP and IWS 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.

IWS in plain words

IWS tracks an index. Over the year to Oct 9, 2026 it returned +20.2% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.23% a year. By its holdings published by its issuer for Oct 8, 2026, 66% of the fund by weight is stocks the S&P 500 also holds, across 719 positions, with the top ten at 7.0%. It sat 4.6% below its high of Aug 14, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, EMLP or IWS?: In the year to Oct 9, 2026, with distributions reinvested, EMLP returned +14.8% and IWS +20.2%.
Which is cheaper, EMLP or IWS?: IWS is cheaper, by 0.72 percentage points a year. On $10,000 held for a year that difference is about $72. Fees come from each fund's prospectus.
How much do EMLP and IWS overlap with the S&P 500?: By their latest filed holdings, 43% of EMLP and 66% of IWS by weight is stocks the S&P 500 already holds.

Other comparisons

EMLP vs SDY EMLP vs NOBL EMLP vs VOE EMLP vs IJJ IWS vs WTV IWS vs MDYV FVD vs IWS IWS vs PKW

EMLP on its own →IWS 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 ↗IWS filings on SEC EDGAR ↗IWS prospectus with the expense ratio (SEC) ↗iShares page for IWS ↗

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 IWS, data as of Oct 9, 2026. https://etfiq.com/compare/any/emlp-vs-iws

Open data

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