EMLP vs MLPA: holdings overlap, shared companies and scores

As of September 11, 2026, EMLP and MLPA overlap 23.7% by weight. First Trust North American Energy Infrastructure Fund (EMLP): North American energy infrastructure. Global X - MLP ETF (MLPA): U.S. midstream MLPs.

Updated September 11, 2026

How much do EMLP and MLPA overlap?

As of September 11, 2026, EMLP and MLPA overlap 23.7% by weight.

24% of EMLP is already inside MLPA.

53% of MLPA is already inside EMLP.

EMLP holds 58 companies and MLPA holds 13; 5 are in both.

Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.

How does ETF Copilot score EMLP and MLPA?

As of September 11, 2026, ETF Copilot scores EMLP 4.8 out of 10 and MLPA 3.9 out of 10.

They differ most on Risk: EMLP 6.4 and MLPA 3.4.

The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.

EMLP vs MLPA — ETF Copilot factor scores, 0–10
FactorEMLPMLPA
Growth2.21.9
Valuation6.45.6
Risk6.43.4
Quality3.54.1
Return6.25.0

MLPA is the cheaper of the two at 0.77% a year

As of September 11, 2026, EMLP charges 0.95% a year, yields 4.10% and holds $4.2B in assets across 58 positions.

As of September 11, 2026, MLPA charges 0.77% a year, yields 7.70% and holds $2.4B in assets across 13 positions.

EMLP vs MLPA — cost, income and size
MeasureEMLPMLPA
Expense ratio0.95%0.77%
Dividend yield4.10%7.70%
Assets under management$4.2B$2.4B
Holdings5813

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Where EMLP and MLPA trade against their own history

EMLP trades at 17.1 times earnings, against its own median of 16.5, and is more expensive than 62% of its own 114 monthly readings since 2017.

MLPA trades at 12.9 times earnings, against its own median of 12.4, and is more expensive than 56% of its own 114 monthly readings since 2017.

What moved EMLP this week

EMLP fell 1.0% in the week to September 11, 2026. The holdings that moved it most were National Fuel GAS (−3.0%), ONE GAS (−4.0%) and Kinder Morgan (−2.3%); Sunoco (+5.0%) pushed the other way.

What do EMLP and MLPA each hold?

What's inside EMLP: Tech 1%.

49% of EMLP is its ten largest holdings.

91% of MLPA is its ten largest holdings.

Compare with similar funds

Cite this

ETF Copilot, “EMLP vs MLPA holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/emlp-vs-mlpa

  1. First Trust North American Energy Infrastructure Fund (EMLP)
  2. Global X - MLP ETF (MLPA)

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