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 | |
|---|---|---|---|---|---|
| State Street Utilities Select Sector SPDR ETF | 0.08% | 23.51B | Dec 1998 | FPWR vs XLU | |
| Fidelity MSCI Utilities Index ETF | 0.08% | 2.35B | Oct 2013 | FPWR vs FUTY | |
| Vanguard Utilities ETF | 0.09% | 10.60B | Jan 2004 | FPWR vs VPU | |
| Invesco S&P SmallCap Utilities & Communication Ser... | 0.29% | 17.42M | Apr 2010 | FPWR vs PSCU | |
| State Street Utilities Select Sector SPDR Premium ... | 0.35% | 22.62M | Jul 2025 | FPWR vs XLUI |
Best Risk-Adjusted Alternatives to FPWR
FPWR has a PortfoliosLab risk / return rank of 74. No ETFs in the Utilities Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 66.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Global X U.S. Electrification ETF | 66 | 474.07M | Dec 2024 | FPWR vs ZAP | |
| SPDR S&P Global Infrastructure ETF | 62 | 956.65M | Jan 2007 | FPWR vs GII | |
| ALPS Electrification Infrastructure ETF | 61 | 204.34M | Apr 2025 | FPWR vs ELFY | |
| First Trust Utilities AlphaDEX Fund | 51 | 821.29M | May 2007 | FPWR vs FXU | |
| iShares Global Utilities ETF | 51 | 323.03M | Sep 2006 | FPWR vs JXI |
Top Performing FPWR Alternatives (YTD)
FPWR is at 14.69% YTD. There are 3 ETFs in the Utilities Equities category with higher YTD returns, going as high as 18.63%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS Electrification Infrastructure ETF | 18.63% | 204.34M | Apr 2025 | FPWR vs ELFY | |
| iShares Infrastructure Active ETF | 16.00% | — | Jul 2025 | FPWR vs BILT | |
| Global X U.S. Electrification ETF | 15.68% | 474.07M | Dec 2024 | FPWR vs ZAP | |
| iShares U.S. Power Infrastructure ETF | 13.53% | 421.73M | Jan 2012 | FPWR vs POWR | |
| Invesco S&P SmallCap Utilities & Communication Ser... | 13.45% | 17.42M | Apr 2010 | FPWR vs PSCU |
Lowest Volatility Alternatives to FPWR
FPWR has 10.76% 1-year volatility. There are 2 ETFs in the Utilities Equities category with lower 1-year volatility, going as low as 10.31%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Infrastructure Active ETF | 10.31% | — | Jul 2025 | FPWR vs BILT | |
| FlexShares STOXX Global Broad Infrastructure Index... | 10.40% | 2.99B | Oct 2013 | FPWR vs NFRA | |
| SPDR S&P Global Infrastructure ETF | 10.88% | 956.65M | Jan 2007 | FPWR vs GII | |
| State Street Utilities Select Sector SPDR Premium ... | 11.16% | 22.62M | Jul 2025 | FPWR vs XLUI | |
| Lazard Listed Infrastructure ETF | 11.97% | 26.20M | Oct 2025 | FPWR vs GLIX |
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 -5.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Global Infrastructure ETF | -5.94% | 956.65M | Jan 2007 | FPWR vs GII | |
| iShares U.S. Power Infrastructure ETF | -7.09% | 421.73M | Jan 2012 | FPWR vs POWR | |
| Global X U.S. Electrification ETF | -7.23% | 474.07M | Dec 2024 | FPWR vs ZAP | |
| FlexShares STOXX Global Broad Infrastructure Index... | -7.28% | 2.99B | Oct 2013 | FPWR vs NFRA | |
| iShares Global Utilities ETF | -8.09% | 323.03M | Sep 2006 | FPWR vs JXI |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 14 categories. AUM among these funds goes as high as $14B.
Often Compared With FPWR
Investors most often compare FPWR with UTES, NFRX, ECLN. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Virtus Reaves Utilities ETF | Utilities Equities | 18 | 2.57% | 1.39B | Sep 2015 | FPWR vs UTES | |
| Harrison Street Infrastructure Active ETF | Utilities Equities | — | — | 31.16M | Jan 2026 | FPWR vs NFRX | |
| First Trust EIP Carbon Impact ETF | Utilities Equities | — | — | 19.41M | Aug 2019 | FPWR vs ECLN | |
| WEBs Utilities XLU Defined Volatility ETF | Utilities Equities | — | 8.70% | — | Jul 2025 | FPWR vs DVUT | |
| iShares U.S. Utilities ETF | Utilities Equities | 30 | 7.91% | 1.39B | Jun 2000 | FPWR vs IDU | |
| Invesco S&P 500 Equal Weight Utilities ETF | Utilities Equities, S&P 500, Equal Weight | 39 | 10.06% | 550.31M | Nov 2006 | FPWR vs RSPU |
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