EMLP vs IDU: Holdings Overlap
EMLPFirst Trust North American Energy Infrastructure Fund
First Trust · 63 holdings · $4.2B · as of 2026-04-30
iShares · 44 holdings · $1.5B · as of 2026-04-30
How similar are EMLP and IDU?
First Trust North American Energy Infrastructure Fund (EMLP, by First Trust) holds 63 positions; iShares U.S. Utilities ETF (IDU, by iShares) holds 44. They have 30 holdings in common, and by portfolio weight the two funds are 34.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 34.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 30EMLP holds 63 · IDU holds 44
- Weight in Shared Holdings
- EMLP 41%·IDU 78%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in EMLP
33 of 63 positions (52.0% of the fund) are not held by IDU. Showing the top 30 by weight.
Sector Breakdown
| Sector | EMLP | IDU |
|---|---|---|
| Utilities | 45.6% | 91.2% |
| Energy | 39.5% | 0.0% |
| Industrials | 3.6% | 8.6% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 4.4% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (5% of EMLP, 0% of IDU).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EMLP | -1.5% | +16.3% | +17.6% | +20.5% | +16.2% | +9.9% | 2.80% |
| IDU | -4.3% | +3.5% | +2.8% | +14.4% | +8.5% | +8.6% | 2.27% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in EMLP vs IDU →
Shared Holdings(30)
The top 10 shared positions account for 54% of the overlap, led by SO, ETR and AEP.
 SOSouthern Co. (The) | 2.67% | 6.38% | 2.67% |
|---|---|---|---|
 ETREntergy Corporation COM | 2.43% | 3.15% | 2.43% |
 AEPAmerican Electric Power Co, Inc. COM | 2.06% | 4.39% | 2.06% |
 DUKDuke Energy Corp COM NEW | 1.93% | 6.03% | 1.93% |
 SRESempra COM | 1.82% | 3.71% | 1.82% |
 PPLPPL Corporation COM | 2.52% | 1.66% | 1.66% |
 PEGPublic Service Enterprise Group Incorporated COM | 1.62% | 2.44% | 1.62% |
 DTEDTE Energy Co. COM | 1.50% | 1.88% | 1.50% |
 WECWEC Energy Group Inc. COM | 1.45% | 2.30% | 1.45% |
 FEFirstEnergy Corp. COM | 1.42% | 1.56% | 1.42% |
 DDominion Energy Inc COM | 1.35% | 3.29% | 1.35% |
 CNPCenterpoint Energy Inc COM | 1.34% | 1.70% | 1.34% |
 XELXcel Energy Inc COM | 1.30% | 2.94% | 1.30% |
 NEENextEra Energy Inc COM | 1.27% | 12.22% | 1.27% |
 ATOAtmos Energy Corp. COM | 1.19% | 1.82% | 1.19% |
 EVRGEvergy Inc COM | 1.61% | 1.14% | 1.14% |
 VSTVistra Corp. COMMON STOCK | 1.11% | 3.20% | 1.11% |
 AEEAmeren Corp. COM | 0.97% | 1.84% | 0.97% |
 LNTAlliant Energy Corporation COM | 0.95% | 1.13% | 0.95% |
 CMSCMS Energy Corporation COM | 0.92% | 1.39% | 0.92% |
 OGEOGE Energy Corporation COM | 1.42% | 0.61% | 0.61% |
 IDAIdacorp Inc COM | 0.95% | 0.48% | 0.48% |
 NFGNational Fuel Gas Company COM | 3.25% | 0.48% | 0.48% |
 UGIUGI Corporation | 0.80% | 0.46% | 0.46% |
 PCGPGandE CORP COMMON STOCK | 0.42% | 2.18% | 0.42% |
Frequently Asked Questions
How much do EMLP and IDU overlap?
EMLP and IDU overlap by 34.1% of portfolio weight. They share 30 holdings (EMLP holds 63 positions and IDU holds 44), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EMLP and IDU?
The two portfolios are 34.1% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of EMLP and IDU?
The largest positions held by both funds are SO, ETR, AEP, DUK and SRE. Together the top 10 shared positions account for 54% of the total overlap.
What does EMLP own that IDU doesn't?
33 positions (52.0% of EMLP) are unique to EMLP, led by Energy Transfer LP, Enterprise Products Partners LP and MPLX LP COM UNIT REP LTD. In the other direction, 14 positions (21.5% of IDU) are unique to IDU.