EMLP vs IJR: Holdings Overlap
EMLPFirst Trust North American Energy Infrastructure Fund
First Trust · 63 holdings · $4.2B · as of 2026-04-30
IJRiShares Core S&P Small-Cap ETF
iShares · 605 holdings · $113.4B · as of 2026-03-31
Holdings snapshots are 30 days apart (EMLP: 2026-04-30, IJR: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are EMLP and IJR?
First Trust North American Energy Infrastructure Fund (EMLP, by First Trust) holds 63 positions; iShares Core S&P Small-Cap ETF (IJR, by iShares) holds 605. They have 3 holdings in common, and by portfolio weight the two funds are 0.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3EMLP holds 63 · IJR holds 605
- Weight in Shared Holdings
- EMLP 3%·IJR 1%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
60 of 63 positions (90.5% of the fund) are not held by IJR. Showing the top 30 by weight.
Sector Breakdown
| Sector | EMLP | IJR |
|---|---|---|
| Utilities | 45.6% | 2.4% |
| Energy | 39.5% | 6.5% |
| Financials | 0.0% | 17.4% |
| Industrials | 3.6% | 17.1% |
| Consumer Discretionary | 0.0% | 13.2% |
| Other Sectors | 0.0% | 40.9% |
| Unclassified | 4.4% | 0.9% |
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, 1% of IJR).
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% |
| IJR | +2.4% | +24.5% | +36.4% | +14.5% | +7.7% | +10.9% | 1.10% |
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 IJR →
Shared Holdings(3)
The top 3 shared positions account for 100% of the overlap, led by AROC, CPK and NY4B.
Frequently Asked Questions
How much do EMLP and IJR overlap?
EMLP and IJR overlap by 0.7% of portfolio weight. They share 3 holdings (EMLP holds 63 positions and IJR holds 605), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EMLP and IJR?
The two portfolios are 0.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EMLP and IJR?
The largest positions held by both funds are AROC, CPK and NY4B. Together the top 3 shared positions account for 100% of the total overlap.
What does EMLP own that IJR doesn't?
60 positions (90.5% 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, 602 positions (97.7% of IJR) are unique to IJR.