EDGX vs. EIPI

Last updated Jun 4, 2026

EDGX (Global X U.S. 500 Income Edge ETF) and EIPI (FT Energy Income Partners Enhanced Income ETF) are both Derivative Income funds. EDGX is passively managed, while EIPI is actively managed. At a correlation of -0.16, they often move in opposite directions.

Performance

EDGX vs. EIPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. 500 Income Edge ETF (EDGX) and FT Energy Income Partners Enhanced Income ETF (EIPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EDGX

• 1D: -0.49%
• 1M: 4.73%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EIPI

• 1D: 0.05%
• 1M: -2.14%
• YTD: 14.55%
• 6M: 13.67%
• 1Y: 21.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EDGX vs. EIPI - Yearly Performance Comparison

	2026 (YTD)
EDGX Global X U.S. 500 Income Edge ETF	10.16%
EIPI FT Energy Income Partners Enhanced Income ETF	2.97%

Correlation

The correlation between EDGX and EIPI is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	-0.16

Return for Risk

EDGX vs. EIPI — Risk / Return Rank

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

EIPI

EIPI Risk / Return Rank: 75
EIPI Sharpe Ratio Rank: 68
EIPI Sortino Ratio Rank: 72
EIPI Omega Ratio Rank: 63
EIPI Calmar Ratio Rank: 89
EIPI Martin Ratio Rank: 81

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.

EDGX vs. EIPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 Income Edge ETF (EDGX) and FT Energy Income Partners Enhanced Income ETF (EIPI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EDGX	EIPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.05	1.52	+1.53

Drawdowns

EDGX vs. EIPI - Drawdown Comparison

The maximum EDGX drawdown since its inception was -7.56%, smaller than the maximum EIPI drawdown of -12.33%. Use the drawdown chart below to compare losses from any high point for EDGX and EIPI.

Drawdown Indicators

	EDGX	EIPI	Difference
Max Drawdown Largest peak-to-trough decline	-7.56%	-12.33%	+4.77%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.00%	—
Current Drawdown Current decline from peak	-0.49%	-2.62%	+2.13%
Average Drawdown Average peak-to-trough decline	-1.50%	-1.67%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.32%	—

Volatility

Volatility by Period

	EDGX	EIPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.59%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.30%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.10%	9.55%	+3.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.10%	13.08%	+0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.10%	13.08%	+0.02%

Dividends

EDGX vs. EIPI - Dividend Comparison

EDGX's dividend yield for the trailing twelve months is around 2.43%, less than EIPI's 6.78% yield.

Position	TTM	2025	2024
EDGX Global X U.S. 500 Income Edge ETF	2.43%	0.00%	0.00%
EIPI FT Energy Income Partners Enhanced Income ETF	6.78%	9.71%	6.31%

Frequently Asked Questions

Can I hold both EDGX and EIPI in my portfolio?

EDGX and EIPI have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, EDGX or EIPI?

EIPI has the higher dividend yield at 6.78%, compared with 2.43% for EDGX.

What is the main difference between EDGX and EIPI?

They also come from different issuers: Global X and First Trust.