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 91 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.08% | 38.64B | Dec 1998 | EIPX vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 1.75B | Oct 2013 | EIPX vs FENY | |
| Vanguard Energy ETF | 0.09% | 11.00B | Sep 2004 | EIPX vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 416.91M | Nov 2025 | EIPX vs PBOG | |
| 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 93. There is 1 ETF in the Energy Equities category with a higher risk-adjusted rank, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Oil Refiners ETF | 95 | 251.28M | Aug 2015 | EIPX vs CRAK | |
| Invesco Dynamic Oil & Gas Services ETF | 92 | 61.59M | Oct 2005 | EIPX vs PXJ | |
| VanEck Natural Resources ETF | 91 | 301.41M | Aug 2008 | EIPX vs HAP | |
| State Street Energy Select Sector SPDR Premium Inc... | 89 | 47.69M | Jul 2025 | EIPX vs XLEI | |
| Bastion Energy ETF | 88 | — | Jun 2025 | EIPX vs BESF |
Top Performing EIPX Alternatives (YTD)
EIPX is at 24.74% YTD. There are 39 ETFs in the Energy Equities category with higher YTD returns, going as high as 95.09%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| MicroSectors Oil & Gas Exploration & Production 3X... | 95.09% | 65.33M | Nov 2021 | EIPX vs OILU | |
| Direxion Daily Energy Bull 2X Shares | 71.01% | 228.84M | Nov 2008 | EIPX vs ERX | |
| Direxion Daily Energy Top 5 Bull 2X ETF | 61.53% | 2.82M | Oct 2025 | EIPX vs TEXU | |
| WEBs Energy XLE Defined Volatility ETF | 50.61% | — | Jul 2025 | EIPX vs DVXE | |
| VanEck Oil Refiners ETF | 47.28% | 251.28M | Aug 2015 | EIPX vs CRAK |
Lowest Volatility Alternatives to EIPX
EIPX has 11.44% 1-year volatility. There are 2 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Solar ETF | 0.00% | 5.05M | Sep 2021 | EIPX vs RAYS | |
| Macquarie Global Listed Infrastructure ETF | 11.00% | 6.30M | Nov 2023 | EIPX vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | 11.58% | 1.31B | Nov 2022 | EIPX vs BKGI | |
| TrueShares Eagle Global Next Gen Power Infrastruct... | 12.56% | 5.84M | Dec 2022 | EIPX vs PWRZ | |
| Westwood Salient Enhanced Midstream Income ETF | 12.69% | 152.76M | Apr 2024 | EIPX vs MDST |
Lowest Drawdown Alternatives to EIPX
EIPX has a 1-year max drawdown of -5.17%. No ETFs in the Energy Equities category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -5.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Westwood Salient Enhanced Midstream Income ETF | -5.98% | 152.76M | Apr 2024 | EIPX vs MDST | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | EIPX vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.31B | Nov 2022 | EIPX vs BKGI | |
| Tortoise Electrification Infrastructure ETF | -6.63% | 129.10M | Dec 2024 | EIPX vs TPZ | |
| Tortoise North American Pipeline Fund | -6.84% | 685.69M | Jun 2015 | EIPX vs TPYP |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $25B.
Often Compared With EIPX
Investors most often compare EIPX with QTUM, IXC, ARP. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare EIPX with Any Fund or Stock
Compare EIPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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