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PIPE - AI Analysis
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Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE)
Rating:65Neutral
Price Target:
$25.00
Positive Factors
Strong Top Holdings
Several key holdings, such as Williams Co and TC Energy, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Energy Sector Focus
The ETF's heavy exposure to the energy sector benefits from consistent demand and potential growth in infrastructure investments.
Geographic Diversification
While primarily focused on U.S. companies, the ETF includes Canadian exposure, adding some international diversification.
Negative Factors
High Sector Concentration
With nearly 95% of the portfolio in energy, the ETF is highly sensitive to fluctuations in this single sector.
Underperforming Holdings
Several top holdings, such as Oneok and Energy Transfer, have experienced weak year-to-date performance, dragging down overall returns.
High Expense Ratio
The ETF's expense ratio of 0.75% is higher than many similar funds, reducing net returns for investors.
PIPE vs. SPDR S&P 500 ETF (SPY)
AUM48.87M
RegionNorth America
Expense Ratio0.75%
Beta0.37
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. Volume637
30 Day Avg. Volume11,244
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
27.47Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering27
PIPE Summary
The Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE) focuses on energy infrastructure companies, particularly Master Limited Partnerships (MLPs) in North America. It includes well-known names like Williams Co and TC Energy, offering exposure to the energy sector with an emphasis on stable income and growth potential. Investors might consider PIPE for diversification within the energy market and the potential tax advantages associated with MLPs. However, it’s important to note that the ETF is heavily tied to the energy sector, meaning its performance can fluctuate with changes in oil and gas prices or broader energy market trends.
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
The PIPE ETF is heavily concentrated in North American energy infrastructure, with nearly all its holdings tied to the sector. Williams Co and TC Energy are steady performers, benefiting from strong earnings and strategic growth initiatives, helping to buoy the fund’s overall performance. However, names like Targa Resources and Plains GP Holdings are lagging, weighed down by bearish trends and operational challenges. Oneok is particularly dragging the fund, with declining momentum despite its growth potential. The fund’s focus on midstream MLPs offers income opportunities but exposes it to sector-specific volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Williams Co | 6.44% | $3.15M | $70.33B | 11.09% | 66 Neutral | |
| TC Energy | 5.90% | $2.89M | C$73.69B | 9.81% | 76 Outperform | |
| Targa Resources | 5.85% | $2.86M | $32.83B | -7.22% | 66 Neutral | |
| Plains GP Holdings | 5.51% | $2.69M | $13.42B | -0.06% | 63 Neutral | |
| Enbridge | 4.98% | $2.43M | $102.72B | 16.56% | 70 Outperform | |
| Cheniere Energy | 4.93% | $2.41M | $47.47B | 18.34% | 68 Neutral | |
| Pembina Pipeline | 4.93% | $2.41M | $22.13B | -8.99% | 65 Neutral | |
| Energy Transfer | 4.90% | $2.39M | $58.32B | 3.72% | 71 Outperform | |
| Oneok | 4.83% | $2.36M | $43.52B | -27.68% | 73 Outperform | |
| Kinder Morgan | 4.73% | $2.31M | $58.02B | 5.89% | 68 Neutral |
PIPE Technical Analysis
Negative
―
Price Trends
23.81
Negative
23.74
Negative
Market Momentum
-0.21
Positive
40.73
Neutral
41.14
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PIPE, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 23.53, equal to the 50-day MA of 23.81, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of -0.21 indicates Positive momentum. The RSI at 40.73 is Neutral, neither overbought nor oversold. The STOCH value of 41.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PIPE.
PIPE Peer Comparison
Comparison Results
Performance Comparison
PIPE
Invesco SteelPath MLP & Energy Infrastructure ETF
23.20
-0.70
-2.93%
EMLP
First Trust North American Energy Infrastructure Fund
―
―
―
UMI
USCF Midstream Energy Income Fund ETF
―
―
―
MDST
Westwood Salient Enhanced Midstream Income ETF
―
―
―
WEEI
Westwood Salient Enhanced Energy Income ETF
―
―
―
BESF
Bastion Energy ETF
―
―
―
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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