EIPI vs. EMLP ETF Comparison

Comparison of FT Energy Income Partners Enhanced Income ETF (EIPI) to First Trust North American Energy Infrastructure Fund (EMLP)

EIPI

FT Energy Income Partners Enhanced Income ETF

EIPI Description

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in securities of, and/or investments that provide exposure to, Energy Companies. The fund"s investments will be concentrated (i.e., invest more than 25% of fund assets) in any one industry or group of industries constituting the energy sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.65

Average Daily Volume

91,951

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EMLP

First Trust North American Energy Infrastructure Fund

EMLP Description

The investment seeks total return. The fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities of companies deemed by the sub-advisor to be engaged in the energy infrastructure sector. These companies principally include publicly-traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs"), MLP affiliates, Canadian income trusts and their successor companies, pipeline companies, utilities, and other companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.78

Average Daily Volume

162,141

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EIPI	EMLP
30 Days	6.22%	9.99%
60 Days	6.50%	12.10%
90 Days	9.05%	16.42%
12 Months		42.23%

45 Overlapping Holdings

Symbol	Grade	Weight in EIPI	Weight in EMLP	Overlap
AEE	A	0.29%	0.28%	0.28%
AEP	D	1.97%	2.27%	1.97%
AES	F	1.0%	1.46%	1.0%
AROC	B	0.52%	0.57%	0.52%
ATO	A	0.17%	1.61%	0.17%
CEG	D	0.11%	0.26%	0.11%
CMS	C	0.47%	0.97%	0.47%
CNP	B	0.75%	0.81%	0.75%
CQP	B	2.83%	1.05%	1.05%
CWEN	C	0.76%	0.52%	0.52%
D	C	0.53%	0.76%	0.53%
DTE	C	1.18%	1.22%	1.18%
DTM	B	3.66%	4.56%	3.66%
DUK	C	1.08%	0.69%	0.69%
EPD	A	8.79%	8.77%	8.77%
ET	A	5.86%	7.17%	5.86%
ETR	B	0.6%	1.28%	0.6%
EVRG	A	0.56%	0.82%	0.56%
FLR	B	0.26%	1.14%	0.26%
HESM	B	1.1%	0.62%	0.62%
IDA	A	0.21%	0.52%	0.21%
KMI	A	4.1%	4.87%	4.1%
LNG	B	2.46%	1.6%	1.6%
MPLX	A	4.24%	3.98%	3.98%
NEE	D	1.34%	0.46%	0.46%
NEP	F	0.81%	0.58%	0.58%
NFG	A	1.43%	2.89%	1.43%
OGS	A	0.78%	1.02%	0.78%
OKE	A	6.36%	5.41%	5.41%
PAGP	A	3.06%	4.53%	3.06%
PEG	A	3.04%	2.29%	2.29%
PPL	B	1.38%	2.43%	1.38%
PWR	A	1.1%	2.24%	1.1%
SO	D	0.93%	0.45%	0.45%
SRE	A	2.65%	4.15%	2.65%
SUN	B	0.75%	1.24%	0.75%
TRGP	B	2.59%	3.47%	2.59%
UGI	A	0.23%	0.08%	0.08%
USAC	B	0.29%	0.11%	0.11%
VST	B	0.41%	1.34%	0.41%
WEC	A	0.06%	1.01%	0.06%
WLKP	A	0.91%	0.76%	0.76%
WMB	A	3.37%	2.46%	2.46%
WTRG	B	0.25%	0.51%	0.25%
XEL	A	0.66%	1.15%	0.66%

EIPI Overweight 9 Positions Relative to EMLP

Symbol	Grade	Weight
TTE	F	3.36%
XOM	B	2.94%
BP	D	1.46%
EQT	B	1.18%
PAA	B	1.12%
SLB	C	0.86%
HAL	C	0.85%
NOV	C	0.38%
HP	B	0.22%

EIPI Underweight 6 Positions Relative to EMLP

Symbol	Grade	Weight
LNT	A	-1.43%
NJR	A	-0.44%
CPK	A	-0.24%
EXC	C	-0.09%
AWK	D	-0.05%
ENLC	A	-0.0%