PIPE - ETF AI Analysis
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Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Recent Overall Performance
The ETF has delivered solid gains so far this year, showing that its strategy has worked well in the current market.
Top Holdings Showing Strong Momentum
Many of the largest positions, including several major pipeline and energy infrastructure companies, have posted strong year-to-date results that support the fund’s returns.
North American Diversification
Holdings spread across both U.S. and Canadian energy infrastructure companies provide some geographic diversification within the North American energy market.
Negative Factors
High Sector Concentration in Energy
With almost all assets in the energy sector, the ETF is heavily exposed to swings in energy prices and industry-specific risks.
Relatively High Expense Ratio
The fund’s ongoing fee is on the higher side for an ETF, which can gradually reduce investors’ net returns over time.
Short-Term Performance Volatility
The recent one-month decline shows that the fund’s price can move around noticeably in the short term, which may be uncomfortable for more cautious investors.
PIPE vs. SPDR S&P 500 ETF (SPY)
AUM60.25M
RegionNorth America
Expense Ratio0.75%
Beta0.16
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. Volume689
30 Day Avg. Volume2,128
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
30.65Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering26
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PIPE Summary
PIPE is an ETF that focuses on energy infrastructure in North America, mainly companies that move and store oil and natural gas. It does not track a set index; instead, managers actively pick energy and pipeline businesses, including well-known names like Kinder Morgan and Enbridge. Most holdings are in U.S. and Canadian energy companies that can benefit from ongoing demand for energy and may offer attractive income. Someone might invest for income and targeted exposure to the energy sector. A key risk is that it is heavily concentrated in energy, so its value can swing 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 firmly hitched to North American energy infrastructure, with midstream names like Targa Resources, Williams, and Plains GP setting the tone. Cheniere Energy and Kodiak Gas Services are the real engines right now, with rising momentum that’s helping pull the fund higher. On the flip side, steady but slower movers like Enbridge, TC Energy, and Kinder Morgan are more like ballast than rockets, offering income and stability but less zip. With heavy concentration in energy pipelines and MLPs, this ETF lives and dies by the midstream story in North America.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Targa Resources | 7.46% | $4.49M | $51.70B | 35.51% | 74 Outperform | |
| Williams Co | 6.52% | $3.93M | $88.27B | 22.28% | 76 Outperform | |
| Plains GP Holdings | 5.83% | $3.51M | $17.64B | 19.39% | 72 Outperform | |
| TC Energy | 5.82% | $3.50M | C$88.28B | 25.04% | 70 Outperform | |
| Kodiak Gas Services, Inc. | 4.97% | $2.99M | $5.83B | 89.05% | 68 Neutral | |
| Oneok | 4.94% | $2.98M | $55.13B | 1.38% | 82 Outperform | |
| Cheniere Energy | 4.75% | $2.86M | $54.02B | 10.25% | 71 Outperform | |
| Kinder Morgan | 4.65% | $2.80M | $70.62B | 18.21% | 68 Neutral | |
| Enbridge | 4.55% | $2.74M | C$158.97B | 15.39% | 69 Neutral | |
| Pembina Pipeline | 4.54% | $2.73M | $25.22B | 12.53% | 70 Outperform |
PIPE Technical Analysis
Positive
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Price Trends
28.71
Positive
26.55
Positive
24.87
Positive
Market Momentum
-0.05
Positive
53.90
Neutral
85.32
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 28.81, equal to the 50-day MA of 28.71, and equal to the 200-day MA of 24.87, indicating a bullish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 53.90 is Neutral, neither overbought nor oversold. The STOCH value of 85.32 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
28.86
5.90
25.70%
EMLP
First Trust North American Energy Infrastructure Fund
―
―
―
MLPI
NEOS MLP & Energy Infrastructure High Income ETF
―
―
―
UMI
USCF Midstream Energy Income Fund ETF
―
―
―
MDST
Westwood Salient Enhanced Midstream Income ETF
―
―
―
WEEI
Westwood Salient Enhanced Energy Income ETF
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―
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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.
DisclaimerThis 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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