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PIPE - ETF AI Analysis
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Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE)
Rating:66Neutral
Price Target:―
Positive Factors
Broad Energy Infrastructure Focus
The ETF is heavily invested in energy infrastructure companies, giving investors targeted exposure to a key part of the energy market.
Generally Strong Top Holdings
Most of the largest positions have shown positive year-to-date performance, which has supported the fund’s overall gains so far this year.
North American Diversification
Holdings spread across both U.S. and Canadian energy companies help reduce the impact of issues in any single country.
Negative Factors
High Sector Concentration
With the vast majority of assets in the energy sector, the fund is highly sensitive to swings in energy prices and industry-specific risks.
Elevated Expense Ratio
The fund’s relatively high management fee can eat into returns over time compared with lower-cost ETFs.
Some Lagging Core Holdings
A few of the larger positions have shown weak year-to-date performance, which can drag on the fund if those stocks continue to struggle.
PIPE vs. SPDR S&P 500 ETF (SPY)
AUM55.74M
RegionNorth America
Expense Ratio0.75%
Beta0.33
IssuerInvesco
Inception DateFeb 20, 2025
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume559
30 Day Avg. Volume486
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
27.84Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering26
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PIPE Summary
The Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE) is an actively managed fund that focuses on energy infrastructure companies, mainly in the U.S. and Canada. It invests in pipeline and midstream businesses that move and store oil and gas, following an energy and MLP (Master Limited Partnership) theme rather than a traditional index. Well-known holdings include Kinder Morgan and Enbridge. Someone might invest in PIPE for potential income and diversification within the energy sector. A key risk is that it is heavily concentrated in energy, so its value can rise or fall sharply with energy prices and industry conditions.
How much will it cost me?The ETF has an expense ratio of 0.75%, meaning you’ll pay $7.50 per year for every $1,000 invested. This is higher than average because it is actively managed, requiring more research and oversight compared to passively managed funds that track an index.
What would affect this ETF?PIPE's focus on North American energy infrastructure and MLPs positions it to benefit from rising energy demand and potential government support for energy projects. However, it could face challenges from fluctuating oil and gas prices, regulatory changes affecting MLPs, or broader economic slowdowns that impact energy consumption. Its reliance on a few key holdings in the energy sector also makes it sensitive to company-specific risks.
PIPE Top 10 Holdings
PIPE is very much a North American energy infrastructure story, with midstream names like Targa Resources, Plains GP, Energy Transfer, and MPLX doing the heavy lifting as their momentum and upbeat earnings keep the fund’s engine humming. Oneok and Kinder Morgan add steady, income-focused ballast, even if their price action has been more restrained. On the softer side, Enbridge and TC Energy are lagging a bit, weighed down by leverage and mixed sentiment. Overall, the ETF is tightly concentrated in pipelines and MLPs, not broad global energy.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Targa Resources | 7.10% | $3.97M | $45.39B | 4.97% | 74 Outperform | |
| Williams Co | 6.55% | $3.66M | $81.72B | 19.63% | 76 Outperform | |
| TC Energy | 6.08% | $3.40M | C$85.02B | 27.49% | 70 Outperform | |
| Plains GP Holdings | 5.66% | $3.16M | $15.78B | -0.10% | 72 Outperform | |
| Oneok | 5.01% | $2.80M | $51.50B | -14.58% | 82 Outperform | |
| Kinder Morgan | 4.84% | $2.70M | $67.86B | 12.80% | 68 Neutral | |
| Pembina Pipeline | 4.84% | $2.70M | $24.78B | 16.42% | 70 Outperform | |
| Enbridge | 4.66% | $2.60M | $109.76B | 13.20% | 69 Neutral | |
| Keyera Corp. | 4.65% | $2.59M | C$11.27B | 17.07% | 64 Neutral | |
| Energy Transfer | 4.53% | $2.53M | $61.59B | -9.98% | 70 Outperform |
PIPE Technical Analysis
Positive
―
Price Trends
24.37
Positive
23.88
Positive
23.62
Positive
Market Momentum
0.63
Negative
78.69
Negative
100.06
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PIPE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 25.15, equal to the 50-day MA of 24.37, and equal to the 200-day MA of 23.62, indicating a bullish trend. The MACD of 0.63 indicates Negative momentum. The RSI at 78.69 is Negative, neither overbought nor oversold. The STOCH value of 100.06 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PIPE.
PIPE Peer Comparison
Comparison Results
Performance Comparison
PIPE
Invesco SteelPath MLP & Energy Infrastructure ETF
26.62
2.99
12.65%
EMLP
First Trust North American Energy Infrastructure Fund
―
―
―
UMI
USCF Midstream Energy Income Fund ETF
―
―
―
MDST
Westwood Salient Enhanced Midstream Income ETF
―
―
―
MLPI
NEOS MLP & Energy Infrastructure High Income ETF
―
―
―
WEEI
Westwood Salient Enhanced Energy Income ETF
―
―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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