EMLP vs VTI
First Trust North American Energy Infrastructure Fund vs Vanguard Morningstar Total Stock Market ETF
Which is better, EMLP or VTI?
Mid Cap Value against Large Cap Blend.
VTI has a lower expense ratio. EMLP led over 5Y, VTI over 1Y, 3Y and the full window. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 42.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EMLP | VTI |
|---|---|---|
| Expense Ratio | 0.95% | 0.03%Best |
| AUM | $4.1B | $689.2B |
| Dividend Yield | 2.99% | 1.06% |
| Holdings | 116 | 3,524 |
| YTD Return | +14.20%Best | +13.02% |
| 1Y Return | +15.53% | +16.63%Best |
| 3Y Return (annualized) | +20.59% | +21.97%Best |
| 5Y Return (annualized) | +15.13%Best | +11.99% |
| Volatility (annualized) | 15.3% | 14.4%Best |
| Max Drawdown | -48.0% | -35.0%Best |
| $10,000 over 5 years | $20,228Best | $17,616 |
| Top 10 Weight | 42.9% | 33.5%Best |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Jun 20, 2012 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Jun 21, 2012 to Oct 14, 2026 (14.3 years).
EMLP vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 14.3 years both funds cover.
EMLP vs VTI Performance
First Trust North American Energy Infrastructure Fund (EMLP) is an ETF from First Trust Portfolios (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year EMLP returned +15.53% while VTI returned +16.63%. Year to date, EMLP is up 14.20% versus a gain of 13.02% for VTI.
Over three years, EMLP compounded at +20.59% per year against +21.97% for VTI; over five years the annualized figures are +15.13% and +11.99% respectively. Across the full 14-year window we track, VTI has the edge at +13.33% annualized vs +6.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMLP has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 14.4% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -48.0% for EMLP and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EMLP charges 0.95% per year while VTI charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, EMLP currently yields 2.99% against 1.06% for VTI.
Holdings Overlap
61.9% of EMLP's money is in holdings VTI also owns. 2.1% of VTI's money is in holdings EMLP also owns.
The two portfolios partly overlap.
44 positions in common, counted across the 58 positions we hold weights for in EMLP and 3,441 in VTI, against full books of 116 and 3,524.
What only one of them owns
Our book lists 1,112 positions for VTI that do not appear in our book for EMLP (95.4% of the fund), and 7 for EMLP that do not appear in VTI (28.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in EMLP | Weight in VTI | Difference |
|---|---|---|---|
| KMIKinder Morgan Usd0.01 | 3.78% | 0.08% | 3.70% |
| NFGNational Fuel Gas Co_None_0 | 3.84% | 0.01% | 3.83% |
| SOSouthern Co. | 2.80% | 0.13% | 2.67% |
| PPLPembina Pipeline 4.8 | 2.81% | 0.03% | 2.78% |
| DUKDuke Energy Corp | 2.52% | 0.13% | 2.39% |
| AEPAmerican Electric Power Co. Inc. | 2.31% | 0.09% | 2.22% |
| ETREntergy Corp | 2.32% | 0.07% | 2.25% |
| OKEOneok, Inc. | 2.30% | 0.08% | 2.22% |
| OGSOne Gas Inc | 2.26% | 0.01% | 2.25% |
| CMSCms Energy Corp. | 2.04% | 0.03% | 2.01% |
61.9% of EMLP is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EMLP or VTI?
EMLP has an expense ratio of 0.95% while VTI charges 0.03%. VTI is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, EMLP or VTI?
Over the past year EMLP returned +15.53% vs +16.63% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (14 years), EMLP annualized +6.97% vs +13.33% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMLP or VTI?
EMLP has been the more volatile fund at 15.3% annualized versus 14.4% for VTI. Worst drawdown: EMLP -48.0% vs VTI -35.0%.
Should I hold both EMLP and VTI?
EMLP and VTI have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EMLP and VTI?
61.9% of EMLP's money is in holdings VTI also owns. 2.1% of VTI's is in holdings EMLP also owns. They hold 44 positions in common, counted across the 58 positions we hold weights for in EMLP and 3,441 in VTI.
Which pays a higher dividend, EMLP or VTI?
EMLP yields 2.99% while VTI yields 1.06%, so EMLP currently pays the higher dividend yield.
Is VTI better than EMLP?
VTI has a lower expense ratio. EMLP led over 5Y, VTI over 1Y, 3Y and the full window. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 42.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.