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 60 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%	36.84B	Dec 1998	EIPX vs XLE
FENY	Fidelity MSCI Energy Index ETF	0.08%	1.90B	Oct 2013	EIPX vs FENY
VDE	Vanguard Energy ETF	0.09%	11.80B	Sep 2004	EIPX vs VDE
PBOG	Portfolio Building Block Integrated Oil & Gas and ...	0.13%	526.25M	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 83. There are 3 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 91.

Symbol	Name	Risk / Return Rank	AUM	Inception
USNG	Amplify Samsung U.S. Natural Gas Infrastructure ET...	91	7.93M	May 2025	EIPX vs USNG
PXJ	Invesco Dynamic Oil & Gas Services ETF	87	126.14M	Oct 2005	EIPX vs PXJ
BESF	Bastion Energy ETF	84	—	Jun 2025	EIPX vs BESF
XES	SPDR S&P Oil & Gas Equipment & Services ETF	82	527.65M	Jun 2006	EIPX vs XES
HAP	VanEck Natural Resources ETF	75	320.59M	Aug 2008	EIPX vs HAP

Top Performing EIPX Alternatives (YTD)

EIPX is at 20.93% YTD. There are 30 ETFs in the Energy Equities category with higher YTD returns, going as high as 42.12%.

Symbol	Name	YTD Return	AUM	Inception
PXJ	Invesco Dynamic Oil & Gas Services ETF	42.12%	126.14M	Oct 2005	EIPX vs PXJ
XES	SPDR S&P Oil & Gas Equipment & Services ETF	39.22%	527.65M	Jun 2006	EIPX vs XES
USNG	Amplify Samsung U.S. Natural Gas Infrastructure ET...	36.17%	7.93M	May 2025	EIPX vs USNG
OIH	VanEck Oil Services ETF	35.03%	2.12B	Dec 2011	EIPX vs OIH
DVXE	WEBs Energy XLE Defined Volatility ETF	34.11%	—	Jul 2025	EIPX vs DVXE

Lowest Volatility Alternatives to EIPX

EIPX has 11.17% 1-year volatility. There is 1 ETF in the Energy Equities category with lower 1-year volatility, going as low as 10.86%.

Symbol	Name	Volatility 1Y	AUM	Inception
BILD	Macquarie Global Listed Infrastructure ETF	10.86%	6.30M	Nov 2023	EIPX vs BILD
BKGI	Bny Mellon Global Infrastructure Income ETF	11.64%	1.14B	Nov 2022	EIPX vs BKGI
MDST	Westwood Salient Enhanced Midstream Income ETF	12.45%	152.76M	Apr 2024	EIPX vs MDST
MLPI	NEOS MLP & Energy Infrastructure High Income ETF	13.05%	657.68M	Dec 2025	EIPX vs MLPI
TPYP	Tortoise North American Pipeline Fund	13.33%	685.69M	Jun 2015	EIPX vs TPYP

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 -6.05%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
BILD	Macquarie Global Listed Infrastructure ETF	-6.05%	6.30M	Nov 2023	EIPX vs BILD
BKGI	Bny Mellon Global Infrastructure Income ETF	-6.16%	1.14B	Nov 2022	EIPX vs BKGI
MDST	Westwood Salient Enhanced Midstream Income ETF	-6.74%	152.76M	Apr 2024	EIPX vs MDST
USNG	Amplify Samsung U.S. Natural Gas Infrastructure ET...	-6.82%	7.93M	May 2025	EIPX vs USNG
TPYP	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, NFTY and span 13 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	Cybersecurity, Technology Equities	18	18.06%	13.59B	Jul 2015	EIPX vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	65	23.40%	11.60B	Nov 2009	EIPX vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities, Equal Weight	5	-7.30%	136.58M	Feb 2012	EIPX vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	79	31.81%	11.14B	Mar 2014	EIPX vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	69	12.67%	9.22B	Mar 2006	EIPX vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-5.55%	543.16M	Mar 2021	EIPX vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	96	111.02%	2.89B	Sep 2016	EIPX vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	53	19.03%	4.90B	Aug 2012	EIPX vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	78	37.20%	880.41M	Feb 2007	EIPX vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	27	4.84%	3.32B	Mar 2018	EIPX vs KNG

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	88	49.25%	5.87B	Sep 2018	EIPX vs QTUM
IXC	iShares Global Energy ETF	Energy Equities	49	22.29%	2.15B	Nov 2001	EIPX vs IXC
TNGY	Tortoise Energy Fund	Energy Equities	25	10.84%	—	Jun 2025	EIPX vs TNGY
ARP	Pmv Adaptive Risk Parity ETF	Tactical Allocation	44	6.18%	50.25M	Dec 2022	EIPX vs ARP
AAXJ	iShares MSCI All Country Asia ex-Japan ETF	Asia Pacific Equities	68	25.79%	4.10B	Aug 2008	EIPX vs AAXJ
VRAI	Virtus Real Asset Income ETF	REIT	70	20.17%	18.24M	Feb 2019	EIPX vs VRAI
GUSH	Direxion Daily S&P Oil & Gas Exploration & Product...	Leveraged Equities	20	42.54%	210.55M	May 2015	EIPX vs GUSH
ENFR	Alerian Energy Infrastructure ETF	Energy Equities	57	24.93%	460.50M	Oct 2013	EIPX vs ENFR
NBET	Neuberger Berman Energy Transition & Infrastructur...	Energy Equities	51	20.80%	43.75M	Apr 2022	EIPX vs NBET
XLEI	State Street Energy Select Sector SPDR Premium Inc...	Energy Equities	—	14.83%	38.00M	Jul 2025	EIPX vs XLEI
IEZ	iShares U.S. Oil Equipment & Services ETF	Energy Equities	74	33.32%	596.50M	May 2006	EIPX vs IEZ
SEIV	SEI Enhanced US Large Cap Value Factor ETF	Large Cap Value Equities	92	15.71%	956.28M	May 2022	EIPX vs SEIV
PSCE	Invesco S&P SmallCap Energy ETF	Energy Equities	57	32.36%	106.59M	Apr 2010	EIPX vs PSCE
FTWO	Strive Natural Resources and Security ETF	Energy Equities	37	7.77%	75.59M	Aug 2023	EIPX vs FTWO
VOLT	Tema Electrification ETF	Global Equities	89	40.29%	693.48M	Dec 2024	EIPX vs VOLT
JMMF	JPMorgan 100% U.S. Treasury Securities Money Marke...	Money Market	—	1.63%	70.12M	Dec 2025	EIPX vs JMMF
CRAK	VanEck Oil Refiners ETF	Energy Equities	69	20.86%	162.40M	Aug 2015	EIPX vs CRAK
HDV	iShares Core High Dividend ETF	Dividend, Large Cap Value Equities	70	14.07%	14.51B	Mar 2011	EIPX vs HDV
NRGU	MicroSectors U.S. Big Oil Index 3X Leveraged ETN	Leveraged Equities	33	78.80%	57.96M	Apr 2019	EIPX vs NRGU
NVDA	NVIDIA Corporation		72	7.39%	—	—	EIPX vs NVDA

Compare EIPX with Any Fund or Stock

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

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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