(EMLP) North American Energy - Overview

ETF Category: Energy Limited Partnership | Exchange: NYSE ARCA (USA) | Market Cap: 4.087m USD | Total Return: 22.6% in 12m

Natural Gas, Electric Utilities, Pipelines, Renewable Energy
Total Rating 71
Safety 62
Buy Signal -0.50
Energy Limited Partnership
Category Rotation: +11.7
TER: 0.96%
AUM: 4.09B
Avg Turnover: 9.92M
Risk 3d forecast
Volatility12.8%
VaR 5th Pctl2.37%
VaR vs Median2.93%
Reward TTM
Sharpe Ratio1.79
Rel. Str. IBD56.2
Rel. Str. Peer Group7.1
Character TTM
Beta0.254
Beta Downside0.213
Hurst Exponent0.483
Drawdowns 3y
Max DD11.47%
CAGR/Max DD2.03
CAGR/Mean DD12.91

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: EMLP North American Energy

The First Trust North American Energy Infrastructure Fund (EMLP) is an actively managed ETF focusing on U.S. and Canadian energy infrastructure equities. The fund allocates at least 80% of its assets to entities such as natural gas and electric utilities, pipeline operators, and renewable energy producers. Its portfolio includes Master Limited Partnerships (MLPs) and their affiliates, providing exposure to midstream assets that typically generate fee-based revenue.

Energy infrastructure companies often operate under long-term, inflation-linked contracts, which can provide more stable cash flows compared to upstream exploration and production firms. Because MLPs are structured as pass-through entities for tax purposes, they are required to distribute the majority of their operating cash flow to unit holders. To assess how these distribution models impact long-term valuation, you may want to review the detailed metrics available on ValueRay.

As a non-diversified fund, EMLP maintains concentrated positions within the utility and midstream sectors. This strategy targets the physical assets required to transport, store, and deliver energy commodities across North America.

Headlines to Watch Out For
  • Interest rate fluctuations impact cost of capital for debt-heavy utility infrastructure
  • Natural gas pipeline volume shifts drive midstream cash flow and dividends
  • Regulatory approvals for renewable energy projects influence long-term capital expenditure growth
  • U.S. and Canadian energy policy changes affect cross-border infrastructure project viability
  • Shifts in consumer electricity demand patterns determine utility rate base expansion opportunities
What is the price of EMLP shares?

As of May 27, 2026, the stock is trading at USD 44.16 with a total of 226,007 shares traded.
Over the past week, the price has changed by +0.36%, over one month by +1.40%, over three months by +2.35% and over the past year by +22.61%.

Is EMLP a buy, sell or hold?

North American Energy has no consensus analysts rating.