EIPX Alternatives & Similar ETFs

FT Energy Income Partners Strategy ETF (EIPX) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EIPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to EIPX

EIPX charges 0.95% annually. There are 67 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.

Symbol	Name	Expense Ratio	AUM	Inception
XLE	State Street Energy Select Sector SPDR ETF	0.08%	38.95B	Dec 1998	EIPX vs XLE
FENY	Fidelity MSCI Energy Index ETF	0.08%	2.03B	Oct 2013	EIPX vs FENY
VDE	Vanguard Energy ETF	0.10%	12.70B	Sep 2004	EIPX vs VDE
PBOG	Portfolio Building Block Integrated Oil & Gas and ...	0.13%	11.66M	Nov 2025	EIPX vs PBOG
GXPE	Global X PureCap MSCI Energy ETF	0.15%	—	Jul 2025	EIPX vs GXPE

Best Risk-Adjusted Alternatives to EIPX

EIPX has a PortfoliosLab risk / return rank of 86. There are 10 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
CRAK	VanEck Oil Refiners ETF	93	171.68M	Aug 2015	EIPX vs CRAK
HAP	VanEck Natural Resources ETF	89	334.74M	Aug 2008	EIPX vs HAP
VOLT	Tema Electrification ETF	89	693.48M	Dec 2024	EIPX vs VOLT
XES	SPDR S&P Oil & Gas Equipment & Services ETF	89	578.84M	Jun 2006	EIPX vs XES
MGNR	American Beacon GLG Natural Resources ETF	89	287.08M	Feb 2024	EIPX vs MGNR

Top Performing EIPX Alternatives (YTD)

EIPX is at 21.96% YTD. There are 41 ETFs in the Energy Equities category with higher YTD returns, going as high as 51.43%.

Symbol	Name	YTD Return	AUM	Inception
OIH	VanEck Vectors Oil Services ETF	51.43%	2.37B	Dec 2011	EIPX vs OIH
XES	SPDR S&P Oil & Gas Equipment & Services ETF	50.69%	578.84M	Jun 2006	EIPX vs XES
IEZ	iShares U.S. Oil Equipment & Services ETF	47.84%	636.98M	May 2006	EIPX vs IEZ
PXJ	Invesco Dynamic Oil & Gas Services ETF	46.18%	128.85M	Oct 2005	EIPX vs PXJ
DVXE	WEBs Energy XLE Defined Volatility ETF	42.81%	—	Jul 2025	EIPX vs DVXE

Lowest Volatility Alternatives to EIPX

EIPX has 11.17% 1-year volatility. There are 2 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 9.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
INFR	ClearBridge Sustainable Infrastructure ETF	9.00%	12.46M	Dec 2022	EIPX vs INFR
BILD	Macquarie Global Listed Infrastructure ETF	10.78%	6.30M	Nov 2023	EIPX vs BILD
BKGI	Bny Mellon Global Infrastructure Income ETF	11.59%	1.08B	Nov 2022	EIPX vs BKGI
MDST	Westwood Salient Enhanced Midstream Income ETF	12.12%	152.76M	Apr 2024	EIPX vs MDST
MLPI	Neos MLP & Energy Infrastructure High Income ETF	13.05%	643.40M	Dec 2025	EIPX vs MLPI

Lowest Drawdown Alternatives to EIPX

EIPX has a 1-year max drawdown of -4.12%. No ETFs in the Energy Equities category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -5.54%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
IGE	iShares North American Natural Resources ETF	-5.54%	803.30M	Oct 2001	EIPX vs IGE
BILD	Macquarie Global Listed Infrastructure ETF	-6.05%	6.30M	Nov 2023	EIPX vs BILD
RNWZ	TrueShares Eagle Global Renewable Energy Income ET...	-6.06%	7.72M	Dec 2022	EIPX vs RNWZ
BKGI	Bny Mellon Global Infrastructure Income ETF	-6.16%	1.08B	Nov 2022	EIPX vs BKGI
INFR	ClearBridge Sustainable Infrastructure ETF	-6.43%	12.46M	Dec 2022	EIPX vs INFR

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 11 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Technology Equities, Cybersecurity	26	28.52%	13.68B	Jul 2015	EIPX vs CIBR
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastru...	Alternative Energy Equities	79	28.91%	11.29B	Nov 2009	EIPX vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities	3	-9.70%	133.88M	Feb 2012	EIPX vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	78	31.77%	10.62B	Mar 2014	EIPX vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	70	13.33%	7.39B	Mar 2006	EIPX vs FDL
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	Precious Metals, Gold	28	1.69%	591.41M	Mar 2021	EIPX vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	97	115.70%	2.52B	Sep 2016	EIPX vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	83	30.57%	4.66B	Aug 2012	EIPX vs TDIV
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	20	2.20%	3.28B	Mar 2018	EIPX vs KNG
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	89	52.94%	895.30M	Feb 2007	EIPX vs QCLN

Often Compared With EIPX

Investors most often compare EIPX with QTUM, IXC, TNGY. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QTUM	Defiance Quantum ETF	Technology Equities	91	53.29%	5.70B	Sep 2018	EIPX vs QTUM
IXC	iShares Global Energy ETF	Energy Equities	76	32.22%	2.52B	Nov 2001	EIPX vs IXC
TNGY	Tortoise Energy Fund	Energy Equities	—	15.21%	—	Jun 2025	EIPX vs TNGY
ARP	Pmv Adaptive Risk Parity ETF	Tactical Allocation	60	11.60%	50.25M	Dec 2022	EIPX vs ARP
AAXJ	iShares MSCI All Country Asia ex-Japan ETF	Asia Pacific Equities	84	31.17%	4.02B	Aug 2008	EIPX vs AAXJ
VRAI	Virtus Real Asset Income ETF	REIT	76	21.11%	18.15M	Feb 2019	EIPX vs VRAI
GUSH	Direxion Daily S&P Oil & Gas Exploration & Product...	Leveraged Equities	39	73.56%	268.86M	Apr 2020	EIPX vs GUSH
ENFR	Alerian Energy Infrastructure ETF	Energy Equities	50	24.60%	459.78M	Nov 2013	EIPX vs ENFR
XLEI	State Street Energy Select Sector SPDR Premium Inc...	Energy Equities	—	20.42%	28.83M	Jul 2025	EIPX vs XLEI
NBET	Neuberger Berman Energy Transition & Infrastructur...	Energy Equities	59	24.24%	46.36M	Apr 2022	EIPX vs NBET
SEIV	SEI Enhanced US Large Cap Value Factor ETF	Large Cap Value Equities	93	18.28%	956.28M	May 2022	EIPX vs SEIV
FTWO	Strive Natural Resources and Security ETF	Energy Equities	49	10.90%	77.17M	Aug 2023	EIPX vs FTWO
PSCE	Invesco S&P SmallCap Energy ETF	Energy Equities	73	42.33%	118.68M	Apr 2010	EIPX vs PSCE
HDV	iShares Core High Dividend ETF	Large Cap Value Equities, Dividend	64	12.69%	13.41B	Mar 2011	EIPX vs HDV
NVDA	NVIDIA Corporation		78	15.15%	—	—	EIPX vs NVDA
JMMF	JPMorgan 100% U.S. Treasury Securities Money Marke...	Money Market	—	1.42%	70.08M	Dec 2025	EIPX vs JMMF
NDIV	Amplify Natural Resources Dividend Income ETF	Energy Equities, Dividend	50	32.65%	28.66M	Aug 2022	EIPX vs NDIV
NRGU	MicroSectors U.S. Big Oil Index 3X Leveraged ETN	Leveraged Equities	58	129.31%	27.41M	Apr 2019	EIPX vs NRGU
NUKZ	Range Nuclear Renaissance ETF	Energy Equities	40	13.31%	832.38M	Jan 2024	EIPX vs NUKZ
USO	United States Oil Fund LP	Oil & Gas	66	103.67%	1.92B	Apr 2006	EIPX vs USO

Compare EIPX with Any Fund or Stock

Compare EIPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair EIPX with funds that move differently

FT Energy Income Partners Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EIPX.

Explore EIPX Diversifiers

FT Energy Income Partners Strategy ETF (EIPX) Alternatives