PIPE - ETF AI Analysis
Top Page
Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered strong gains so far this year and over recent months, showing solid momentum in its strategy.
Top Holdings Performing Well
Many of the largest positions, including major pipeline and energy infrastructure companies, have shown strong year-to-date performance, helping drive the fund’s returns.
North American Focus
Concentrating on U.S. and Canadian energy infrastructure provides exposure to stable, developed markets in a key global energy region.
Negative Factors
High Sector Concentration
With most assets in the energy sector, the fund is heavily exposed to swings in energy prices and industry-specific risks.
Moderately High Expense Ratio
The fund’s fee is on the higher side for an ETF, which can eat into long-term returns compared with lower-cost options.
Limited Industry Diversification
Because the ETF focuses mainly on MLPs and energy infrastructure, investors get less protection if other sectors of the market perform better.
PIPE vs. SPDR S&P 500 ETF (SPY)
AUM63.87M
RegionNorth America
Expense Ratio0.75%
Beta0.01
IssuerInvesco
Inception DateFeb 20, 2025
Dividend Yield3.91%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,862
30 Day Avg. Volume2,587
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
33.81Price 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) focuses on energy infrastructure in North America, mainly companies that move and store oil and natural gas. It is actively managed rather than tracking a set index, and invests heavily in midstream firms such as Kinder Morgan and Cheniere Energy. Someone might invest in PIPE for potential income and diversification if they want exposure to pipelines and energy infrastructure instead of traditional oil producers. A key risk is that it is heavily concentrated in the energy sector, 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 essentially a bet on North American energy infrastructure, with midstream names doing most of the heavy lifting. Targa Resources and Plains GP have been rising over the year, helping drive the fund, while Cheniere’s steady-to-strong LNG story adds more fuel to performance. On the flip side, Williams, TC Energy, and Keyera have been lagging lately, acting like a brake on returns despite their income appeal. With a heavy tilt toward pipelines and MLPs and a U.S./Canada focus, this ETF is concentrated but thematically consistent.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Targa Resources | 8.68% | $5.53M | $61.48B | 88.11% | 74 Outperform | |
| Plains GP Holdings | 6.55% | $4.17M | $20.28B | 57.98% | 72 Outperform | |
| Williams Co | 6.41% | $4.09M | $88.89B | 16.07% | 76 Outperform | |
| TC Energy | 5.50% | $3.51M | C$89.28B | 13.75% | 70 Outperform | |
| Cheniere Energy | 5.02% | $3.20M | $57.45B | 22.35% | 71 Outperform | |
| Oneok | 4.96% | $3.16M | $56.61B | 29.98% | 82 Outperform | |
| Pembina Pipeline | 4.83% | $3.08M | $27.56B | 21.40% | 70 Outperform | |
| Kinder Morgan | 4.65% | $2.96M | $72.35B | 19.89% | 68 Neutral | |
| Energy Transfer | 4.64% | $2.96M | $70.28B | 25.29% | 70 Outperform | |
| Keyera Corp. | 4.44% | $2.83M | C$16.00B | 24.25% | 64 Neutral |
PIPE Technical Analysis
Neutral
―
Price Trends
30.05
Negative
29.97
Negative
28.52
Positive
Market Momentum
-0.30
Negative
47.12
Neutral
84.35
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PIPE, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 29.38, equal to the 50-day MA of 30.05, and equal to the 200-day MA of 28.52, indicating a neutral trend. The MACD of -0.30 indicates Negative momentum. The RSI at 47.12 is Neutral, neither overbought nor oversold. The STOCH value of 84.35 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PIPE.
PIPE Peer Comparison
Comparison Results
Performance Comparison
PIPE
Invesco SteelPath MLP & Energy Infrastructure ETF
29.38
6.93
30.87%
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
―
―
―
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: ―
Table of Contents