First Trust North American Energy Infrastructure Fund Price & Performance (EMLP)

The First Trust North American Energy ETF (EMLP) dropped 2.79% on Monday, closing at $35.20 amid increased trading volume. Technical indicators suggest further weakness in the coming weeks, with the ETF expected to potentially fall another 4.5% over the next three months if current trends persist.123

The First Trust North American Energy Infrastructure Fund (EMLP) offers targeted exposure to energy infrastructure, with holdings in major MLPs and utilities. Despite recent sector growth and strong demand for infrastructure, the fund’s technical signals and analyst ratings remain neutral to negative, reflecting ongoing uncertainty for investors.243

EMLP’s portfolio is heavily weighted toward a few key energy players, with Energy Transfer LP and Enterprise Products Partners making up over 15% combined. This concentration, while providing focused exposure, could amplify volatility if sector leaders underperform, making diversification an important consideration for prospective investors.564