PIPE · Invesco SteelPath MLP & Energy Infrastructure ETF

Equity fundActively managed0.75% fee$64m on Oct 9, 2026First traded Feb 20, 2025Fund page at the issuer ↗SEC filings ↗

PIPE is actively managed and returned +29.2% over the past year.

+29.2%
Total return, 1 year
0.75%
Expense ratio
26
Holdings
−5.7%
Below its high
4.8%
12-month yield: cash paid, 1 year, on its starting price
$0.10
Last payment (paid monthly), ex-date Sep 21, 2026

Points (pts) are percentage points.

WindowTotal returnS&P 500 (SPY)Gap to SPY
1M Sep 9 – Oct 9, 2026−5.4%+2.4%−7.8 pts
3M Jul 10 – Oct 9, 2026−1.7%+3.4%−5.0 pts
6M Apr 10 – Oct 9, 2026+3.1%+15.2%−12.1 pts
YTD Dec 31, 2025 – Oct 9, 2026+25.8%+15.1%+10.7 pts
1Y Oct 9, 2025 – Oct 9, 2026+29.2%+17.3%+11.9 pts
Since launch Feb 20, 2025 – Oct 9, 2026+26.0%+30.1%−4.1 pts

Total return at closing prices, distributions reinvested. Every column is a total return. Year to date runs from the last close of the year before. Not shown: 3 years, which the fund has not been listed long enough to fill (listed Feb 2025); its since-launch row covers all of its record. Source: ETFIQ.

PIPE top ten by weight, 55.7% of the fund, of its 26 equity positions, from the holdings published by its issuer for Oct 10, 2026. Source: the issuer’s own daily file.

Plains GP Holdings LP PAGP 6.54%
TC Energy Corp TRP 5.55%
ONEOK Inc OKE 4.95%
Keyera Corp KEY 4.43%

In plain words

What it tracksNo index, actively managed
Fund typeEquity fund
Category (ETFIQ)Stocks · Energy
Expense ratio (485BPOS XBRL, Feb 26, 2026)0.75%
Price$29.38
First tradedFeb 20, 2025
Net assets (issuer page, as of Oct 9, 2026)$64m
Benchmark (ETFIQ, from its filings)Its own holdings, as of Oct 9, 2026; its prospectus names no index it tracks
Below its high (ETFIQ)−5.7%
Holdings26
Top ten weight55.7%
Holdings published for (the issuer’s daily file)Oct 10, 2026
Holdings as of the close of (the issuer’s daily file)Oct 9, 2026
Already in the S&P 500, by weight (ETFIQ)23.3%
Active share vs the S&P 500 (ETFIQ)99.6%
Already in the Nasdaq-100, by weight (ETFIQ)0.0%

Questions people ask about PIPE

How has PIPE performed?
Over the year to Oct 9, 2026, PIPE returned +29.2% with distributions reinvested, against +17.3% for the S&P 500.
What does PIPE cost?
The prospectus expense ratio is 0.75% a year.
What does PIPE hold?
26 positions as published by its issuer for Oct 10, 2026, with the top ten at 55.7% of the fund. 23% of its weight is in stocks the S&P 500 also holds.
How far is PIPE below its high?
5.7% below its high of Sep 1, 2026, measured on the reinvested series to Oct 9, 2026.
Sources and dates
Prices, PIPE and S&P 500 (SPY)Tiingo end-of-day · Oct 9, 2026
Net assets, $64mIssuer page · Oct 9, 2026

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

Cite this pageCitation, APA and Markdown

ETFIQ, PIPE, stock fund, data as of Oct 9, 2026. https://etfiq.com/funds/pipe

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

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