First Trust EIP Power Solutions ETF (FPWR) belongs to the Utilities Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FPWR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FPWR
FPWR charges 0.96% annually. There are 19 ETFs in the Utilities Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Utilities Index ETF | 0.08% | 2.46B | Oct 2013 | FPWR vs FUTY | |
| State Street Utilities Select Sector SPDR ETF | 0.08% | 22.40B | Dec 1998 | FPWR vs XLU | |
| Vanguard Utilities ETF | 0.09% | 11.10B | Jan 2004 | FPWR vs VPU | |
| Invesco S&P SmallCap Utilities & Communication Ser... | 0.29% | 17.87M | Apr 2010 | FPWR vs PSCU | |
| State Street Utilities Select Sector SPDR Premium ... | 0.35% | 16.76M | Jul 2025 | FPWR vs XLUI |
Best Risk-Adjusted Alternatives to FPWR
FPWR has a PortfoliosLab risk / return rank of 73. There is 1 ETF in the Utilities Equities category with a higher risk-adjusted rank, going as high as 75.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS Electrification Infrastructure ETF | 75 | 202.88M | Apr 2025 | FPWR vs ELFY | |
| First Trust EIP Carbon Impact ETF | 70 | 19.41M | Aug 2019 | FPWR vs ECLN | |
| Global X U.S. Electrification ETF | 66 | 437.97M | Dec 2024 | FPWR vs ZAP | |
| iShares U.S. Power Infrastructure ETF | 60 | 387.06M | Jan 2012 | FPWR vs POWR | |
| SPDR S&P Global Infrastructure ETF | 45 | 964.44M | Jan 2007 | FPWR vs GII |
Top Performing FPWR Alternatives (YTD)
FPWR is at 12.96% YTD. There are 4 ETFs in the Utilities Equities category with higher YTD returns, going as high as 24.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS Electrification Infrastructure ETF | 24.15% | 202.88M | Apr 2025 | FPWR vs ELFY | |
| iShares U.S. Power Infrastructure ETF | 16.01% | 387.06M | Jan 2012 | FPWR vs POWR | |
| Global X U.S. Electrification ETF | 15.07% | 437.97M | Dec 2024 | FPWR vs ZAP | |
| iShares Infrastructure Active ETF | 13.31% | — | Jul 2025 | FPWR vs BILT | |
| First Trust EIP Carbon Impact ETF | 12.96% | 19.41M | Aug 2019 | FPWR vs ECLN |
Lowest Volatility Alternatives to FPWR
FPWR has 10.45% 1-year volatility. There are 2 ETFs in the Utilities Equities category with lower 1-year volatility, going as low as 10.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Infrastructure Active ETF | 10.24% | — | Jul 2025 | FPWR vs BILT | |
| FlexShares STOXX Global Broad Infrastructure Index... | 10.38% | 3.05B | Oct 2013 | FPWR vs NFRA | |
| First Trust EIP Carbon Impact ETF | 10.45% | 19.41M | Aug 2019 | FPWR vs ECLN | |
| SPDR S&P Global Infrastructure ETF | 10.76% | 964.44M | Jan 2007 | FPWR vs GII | |
| State Street Utilities Select Sector SPDR Premium ... | 11.10% | 16.76M | Jul 2025 | FPWR vs XLUI |
Lowest Drawdown Alternatives to FPWR
FPWR has a 1-year max drawdown of -5.02%. No ETFs in the Utilities Equities category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -5.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust EIP Carbon Impact ETF | -5.02% | 19.41M | Aug 2019 | FPWR vs ECLN | |
| SPDR S&P Global Infrastructure ETF | -5.94% | 964.44M | Jan 2007 | FPWR vs GII | |
| iShares U.S. Power Infrastructure ETF | -5.98% | 387.06M | Jan 2012 | FPWR vs POWR | |
| Global X U.S. Electrification ETF | -7.23% | 437.97M | Dec 2024 | FPWR vs ZAP | |
| FlexShares STOXX Global Broad Infrastructure Index... | -7.28% | 3.05B | Oct 2013 | FPWR vs NFRA |
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.
Compare FPWR with Any Fund or Stock
Compare FPWR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FPWR with funds that move differently
First Trust EIP Power Solutions ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FPWR.
Explore FPWR Diversifiers