EMLP vs PEY: how they differ
EMLP and PEY hold 0% of their weight in the same names. First Trust North American Energy Infrastructure Fund and Invesco High Yield Equity Dividend Achievers ETF.
PEY costs 0.27 points a year less; both returned +14.8% over a year; EMLP is 3.8 times larger.
| EMLP | PEY | |
|---|---|---|
| Expense ratio | 0.95% | 0.68% |
| Net assets | $4.1bn | $1.1bn |
| Total return, 1 year | +14.8% | +14.8% |
| Holdings in common | 0% | |
| Nasdaq-100, total return, 1 year | +23.6% | |
| Top ten holdings, share of the fund | 42.7% | 29.6% |
| Below its high | 4.8%, high on Jul 23, 2026 | 8.8%, high on Aug 26, 2026 |
Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.
What they hold in common
By the books each fund has filed, EMLP and PEY hold 0% 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.
half
0% in common
On the same fields
EMLP and PEY 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.
PEY in plain words
PEY tracks an index. The prospectus expense ratio is 0.68% a year. By its holdings published by its issuer for Oct 8, 2026, 51% of the fund by weight is stocks the S&P 500 also holds, across 52 positions, with the top ten at 29.6%. It sat 8.8% below its high of Aug 26, 2026 on Oct 9, 2026.
Questions people ask
- Which returned more over the last year, EMLP or PEY?
- In the year to Oct 9, 2026, with distributions reinvested, EMLP returned +14.8% and PEY +14.8%.
- Which is cheaper, EMLP or PEY?
- PEY is cheaper, by 0.27 percentage points a year. On $10,000 held for a year that difference is about $27. Fees come from each fund's prospectus.
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.
ETFIQ, EMLP against PEY, data as of Oct 9, 2026. https://etfiq.com/compare/any/emlp-vs-pey
ETFIQ. (Oct 9, 2026). EMLP against PEY. Retrieved from https://etfiq.com/compare/any/emlp-vs-pey
[EMLP against PEY (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/emlp-vs-pey)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.