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

In the year to Oct 9, 2026, with distributions reinvested, EMLP returned +14.8% and RWK +15.9%.

Which is cheaper, EMLP or RWK?

RWK is cheaper, by 0.56 percentage points a year. On $10,000 held for a year that difference is about $56. Fees come from each fund's prospectus.

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

By their latest filed holdings, 43% of EMLP and 2% of RWK by weight is stocks the S&P 500 already holds.

Share on X Download as PDF Compare their flows Ask about these two funds

EMLP vs RWK: how they differ

EMLP and RWK hold 1% of their weight in the same names, and RWK returned +15.9% over the year. First Trust North American Energy Infrastructure Fund and Invesco S&P MidCap 400 Revenue ETF.

RWK costs 0.56 points a year less; their one-year returns differ by 1.1 points; EMLP is 3.2 times larger.

	EMLP	RWK
Expense ratio	0.95%	0.39%
Net assets	$4.1bn	$1.3bn
Total return, 1 year	+14.8%	+15.9%
Holdings in common	1%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	42.7%	20.9%
Below its high	4.8%, high on Jul 23, 2026	6.7%, 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

+15.9%

RWK total return, 1 year

0.95%

EMLP expense ratio

0.39%

RWK expense ratio

What they hold in common

By the books each fund has filed, EMLP and RWK hold 1% 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

1% in common

Positions both hold, largest shared weight first

Holding EMLP RWK

UGI Corporation 0.64% 0.29%

MasTec, Inc. 0.24% 0.59%

Tetra Tech, Inc. 1.20% 0.20%

OGE Energy Corp. 1.58% 0.13%

National Fuel Gas Company 3.88% 0.09%

New Jersey Resources Corporation 1.25% 0.09%

ONE Gas, Inc. 2.22% 0.09%

IDACORP, Inc. 1.05% 0.07%

DT Midstream, Inc. 0.87% 0.05%

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%

Kinder Morgan, Inc. 3.88%

PPL Corporation 2.88%

The Southern Company 2.83%

Duke Energy Corporation 2.53%

Only in RWK

Albertsons Cos Inc 3.54%

TD SYNNEX Corp 2.96%

Performance Food Group Co 2.75%

American Airlines Group Inc 2.36%

Molina Healthcare Inc 1.84%

PBF Energy Inc 1.64%

US Foods Holding Corp 1.64%

Arrow Electronics Inc 1.55%

Check overlap with more funds →

On the same fields

EMLP

First Trust North American Energy Infrastructure Fund

RWK

Invesco S&P MidCap 400 Revenue ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust Invesco

What it is Actively managed Tracks an index

Total return, 1 year +14.8% +15.9%

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

Gap to the S&P 500 −2.5 pts −1.3 pts

Expense ratio 0.95% 0.39%

Already in the S&P 500 42.9% 2.4%

Holdings 58 400

Net assets $4.1bn $1.3bn

EMLP and RWK 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.

RWK in plain words

RWK tracks an index. Over the year to Oct 9, 2026 it returned +15.9% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.39% a year. By its holdings published by its issuer for Oct 8, 2026, 2% of the fund by weight is stocks the S&P 500 also holds, across 400 positions, with the top ten at 20.9%. It sat 6.7% below its high of Aug 14, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, EMLP or RWK?: In the year to Oct 9, 2026, with distributions reinvested, EMLP returned +14.8% and RWK +15.9%.
Which is cheaper, EMLP or RWK?: RWK is cheaper, by 0.56 percentage points a year. On $10,000 held for a year that difference is about $56. Fees come from each fund's prospectus.
How much do EMLP and RWK overlap with the S&P 500?: By their latest filed holdings, 43% of EMLP and 2% of RWK by weight is stocks the S&P 500 already holds.

Other comparisons

EMLP vs RSPA EMLP vs PEY EMLP vs FXO EMLP vs FTXR IMCV vs RWK RWK vs VFMF FXO vs RWK FTXR vs RWK

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

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

Open data

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