COAL vs. EIPX

Last updated Jun 5, 2026

COAL (Range Global Coal Index ETF) and EIPX (FT Energy Income Partners Strategy ETF) are both Energy Equities funds. COAL is passively managed, while EIPX is actively managed. Over the past year, COAL returned 69.32% vs 32.68% for EIPX. At a 0.38 correlation, their price movements are largely independent. COAL charges 0.85%/yr vs 0.95%/yr for EIPX.

Performance

COAL vs. EIPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Range Global Coal Index ETF (COAL) and FT Energy Income Partners Strategy ETF (EIPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COAL achieves a 24.29% return, which is significantly higher than EIPX's 22.72% return.

COAL

• 1D: 2.07%
• 1M: 8.50%
• YTD: 24.29%
• 6M: 26.74%
• 1Y: 69.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EIPX

• 1D: 0.62%
• 1M: -1.66%
• YTD: 22.72%
• 6M: 19.76%
• 1Y: 32.68%
• 3Y*: 21.58%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COAL vs. EIPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
COAL Range Global Coal Index ETF	24.29%	12.65%	-16.01%
EIPX FT Energy Income Partners Strategy ETF	22.72%	11.44%	21.95%

Correlation

The correlation between COAL and EIPX is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (All Time) Calculated using the full available price history since Jan 25, 2024	0.38

The correlation between COAL and EIPX shifts across timeframes, from 0.28 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.

COAL vs. EIPX - Sectors Allocation Comparison

Sectors	COAL	EIPX
Energy	50.3%	69.5%
Basic Materials	43.2%	-
Industrials	6.6%	4.2%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	0.2%
Utilities	-	26.1%

Return for Risk

COAL vs. EIPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COAL

COAL Risk / Return Rank: 71
COAL Sharpe Ratio Rank: 74
COAL Sortino Ratio Rank: 71
COAL Omega Ratio Rank: 64
COAL Calmar Ratio Rank: 84
COAL Martin Ratio Rank: 61

EIPX

EIPX Risk / Return Rank: 90
EIPX Sharpe Ratio Rank: 89
EIPX Sortino Ratio Rank: 90
EIPX Omega Ratio Rank: 85
EIPX Calmar Ratio Rank: 95
EIPX Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COAL vs. EIPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Range Global Coal Index ETF (COAL) and FT Energy Income Partners Strategy ETF (EIPX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	COAL	EIPX	Difference
Sharpe ratio: Return per unit of total volatility	2.37	2.97	-0.60
Sortino ratio: Return per unit of downside risk	3.19	4.19	-1.00
Omega ratio: Gain probability vs. loss probability	1.38	1.51	-0.13
Calmar ratio: Return relative to maximum drawdown	4.52	7.97	-3.45
Martin ratio: Return relative to average drawdown	10.66	22.02	-11.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COAL vs. EIPX - Sharpe Ratio Comparison

The current COAL Sharpe Ratio is 2.37, which is comparable to the EIPX Sharpe Ratio of 2.97. The chart below compares the historical Sharpe Ratios of COAL and EIPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	COAL	EIPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	2.97	-0.60
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	1.21	-0.95

Drawdowns

COAL vs. EIPX - Drawdown Comparison

The maximum COAL drawdown since its inception was -42.29%, which is greater than EIPX's maximum drawdown of -15.43%. Use the drawdown chart below to compare losses from any high point for COAL and EIPX.

Drawdown Indicators

	COAL	EIPX	Difference
Max Drawdown Largest peak-to-trough decline	-42.29%	-15.43%	-26.86%
Max Drawdown (1Y) Largest decline over 1 year	-15.42%	-4.12%	-11.30%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.43%	—
Current Drawdown Current decline from peak	-0.18%	-1.98%	+1.80%
Average Drawdown Average peak-to-trough decline	-14.12%	-2.27%	-11.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.52%	1.49%	+5.03%

Volatility

COAL vs. EIPX - Volatility Comparison

Range Global Coal Index ETF (COAL) has a higher volatility of 10.63% compared to FT Energy Income Partners Strategy ETF (EIPX) at 4.07%. This indicates that COAL's price experiences larger fluctuations and is considered to be riskier than EIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COAL	EIPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.63%	4.07%	+6.56%
Volatility (6M) Calculated over the trailing 6-month period	21.30%	8.44%	+12.86%
Volatility (1Y) Calculated over the trailing 1-year period	29.45%	11.14%	+18.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.61%	15.05%	+12.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.61%	15.05%	+12.56%

COAL vs. EIPX - Expense Ratio Comparison

COAL has a 0.85% expense ratio, which is lower than EIPX's 0.95% expense ratio.

Dividends

COAL vs. EIPX - Dividend Comparison

COAL's dividend yield for the trailing twelve months is around 2.12%, less than EIPX's 2.66% yield.

Position	TTM	2025	2024	2023	2022
COAL Range Global Coal Index ETF	2.12%	2.63%	1.80%	0.00%	0.00%
EIPX FT Energy Income Partners Strategy ETF	2.66%	3.23%	3.27%	3.48%	0.34%

Frequently Asked Questions

Can I hold both COAL and EIPX in my portfolio?

COAL and EIPX have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COAL or EIPX?

COAL has higher volatility (10.63%) compared to EIPX (4.07%). In terms of maximum drawdown, COAL dropped -42.29% vs EIPX's -15.43%.

Which ETF is better, COAL or EIPX?

On 1-year performance, COAL leads with 69.32% vs 32.68% for EIPX. On fees, COAL is cheaper at 0.85% per year. On volatility, EIPX has been the lower-risk option at 4.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, COAL or EIPX?

Over the 1-year period, COAL has performed better with a 69.32% return vs 32.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, COAL or EIPX?

COAL is cheaper with a 0.85% expense ratio, compared with 0.95% for EIPX.

Which ETF pays a higher dividend yield, COAL or EIPX?

EIPX has the higher dividend yield at 2.66%, compared with 2.12% for COAL.

What is the main difference between COAL and EIPX?

They also come from different issuers: Exchange Traded Concepts and First Trust. Their fees differ too: 0.85% for COAL and 0.95% for EIPX.

Which has better risk-adjusted returns?

EIPX currently has the higher Sharpe Ratio (2.97 vs 2.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.