EGLIX vs. EIPIX

Last updated Jun 4, 2026

EGLIX (Eagle MLP Strategy Fund) and EIPIX (EIP Growth and Income Fund (NEW)) are both Energy Equities funds. Over the past 5 years, EGLIX returned 24.73%/yr vs 15.92%/yr for EIPIX. Their correlation of 0.87 suggests significant overlap in exposure. EGLIX charges 1.40%/yr vs 1.25%/yr for EIPIX.

Performance

EGLIX vs. EIPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eagle MLP Strategy Fund (EGLIX) and EIP Growth and Income Fund (NEW) (EIPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EGLIX achieves a 26.29% return, which is significantly higher than EIPIX's 17.00% return.

EGLIX

• 1D: 1.67%
• 1M: -1.92%
• YTD: 26.29%
• 6M: 26.53%
• 1Y: 27.85%
• 3Y*: 28.56%
• 5Y*: 24.73%
• 10Y*: 12.02%

EIPIX

• 1D: 1.39%
• 1M: -2.61%
• YTD: 17.00%
• 6M: 15.02%
• 1Y: 22.98%
• 3Y*: 20.31%
• 5Y*: 15.92%
• 10Y*: —

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

EGLIX vs. EIPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EGLIX Eagle MLP Strategy Fund	26.29%	3.00%	43.07%	16.07%	33.19%	49.17%	-23.58%	9.31%	-18.79%	-9.37%
EIPIX EIP Growth and Income Fund (NEW)	17.00%	11.31%	26.74%	6.25%	16.19%	21.80%	-9.85%	23.09%	-11.68%	-0.68%

Correlation

The correlation between EGLIX and EIPIX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Oct 18, 2016	0.87

The correlation between EGLIX and EIPIX has been stable across timeframes, ranging from 0.82 to 0.89 - a consistent structural relationship.

Return for Risk

EGLIX vs. EIPIX — Risk / Return Rank

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

EGLIX

EGLIX Risk / Return Rank: 53
EGLIX Sharpe Ratio Rank: 45
EGLIX Sortino Ratio Rank: 41
EGLIX Omega Ratio Rank: 39
EGLIX Calmar Ratio Rank: 86
EGLIX Martin Ratio Rank: 53

EIPIX

EIPIX Risk / Return Rank: 76
EIPIX Sharpe Ratio Rank: 68
EIPIX Sortino Ratio Rank: 72
EIPIX Omega Ratio Rank: 55
EIPIX Calmar Ratio Rank: 94
EIPIX Martin Ratio Rank: 89

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.

EGLIX vs. EIPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eagle MLP Strategy Fund (EGLIX) and EIP Growth and Income Fund (NEW) (EIPIX). 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.

	EGLIX	EIPIX	Difference
Sharpe ratio: Return per unit of total volatility	1.96	2.42	-0.46
Sortino ratio: Return per unit of downside risk	2.68	3.52	-0.84
Omega ratio: Gain probability vs. loss probability	1.33	1.41	-0.08
Calmar ratio: Return relative to maximum drawdown	4.08	5.37	-1.29
Martin ratio: Return relative to average drawdown	10.81	17.92	-7.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EGLIX vs. EIPIX - Sharpe Ratio Comparison

The current EGLIX Sharpe Ratio is 1.96, which is comparable to the EIPIX Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of EGLIX and EIPIX, 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

	EGLIX	EIPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.96	2.42	-0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.17	1.02	+0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.52	-0.22

Drawdowns

EGLIX vs. EIPIX - Drawdown Comparison

The maximum EGLIX drawdown since its inception was -78.89%, which is greater than EIPIX's maximum drawdown of -43.98%. Use the drawdown chart below to compare losses from any high point for EGLIX and EIPIX.

Drawdown Indicators

	EGLIX	EIPIX	Difference
Max Drawdown Largest peak-to-trough decline	-78.89%	-43.98%	-34.91%
Max Drawdown (1Y) Largest decline over 1 year	-7.20%	-4.51%	-2.69%
Max Drawdown (3Y) Largest decline over 3 years	-17.93%	-13.00%	-4.93%
Max Drawdown (5Y) Largest decline over 5 years	-22.06%	-16.71%	-5.35%
Max Drawdown (10Y) Largest decline over 10 years	-68.86%	—	—
Current Drawdown Current decline from peak	-5.42%	-3.19%	-2.23%
Average Drawdown Average peak-to-trough decline	-27.48%	-5.02%	-22.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.71%	1.35%	+1.36%

Volatility

EGLIX vs. EIPIX - Volatility Comparison

Eagle MLP Strategy Fund (EGLIX) has a higher volatility of 6.10% compared to EIP Growth and Income Fund (NEW) (EIPIX) at 3.67%. This indicates that EGLIX's price experiences larger fluctuations and is considered to be riskier than EIPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EGLIX	EIPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.10%	3.67%	+2.43%
Volatility (6M) Calculated over the trailing 6-month period	11.26%	7.86%	+3.40%
Volatility (1Y) Calculated over the trailing 1-year period	15.04%	10.05%	+4.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.28%	15.65%	+5.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.00%	18.73%	+7.27%

EGLIX vs. EIPIX - Expense Ratio Comparison

EGLIX has a 1.40% expense ratio, which is higher than EIPIX's 1.25% expense ratio.

Dividends

EGLIX vs. EIPIX - Dividend Comparison

EGLIX's dividend yield for the trailing twelve months is around 4.40%, less than EIPIX's 13.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EGLIX Eagle MLP Strategy Fund	4.40%	3.98%	4.38%	5.85%	5.25%	5.24%	10.88%	8.08%	8.12%	7.10%	6.38%	8.61%
EIPIX EIP Growth and Income Fund (NEW)	13.43%	15.71%	7.60%	4.09%	25.10%	3.44%	4.02%	3.44%	3.45%	1.77%	0.78%	0.00%

Frequently Asked Questions

Can I hold both EGLIX and EIPIX in my portfolio?

EGLIX and EIPIX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EGLIX or EIPIX?

EGLIX has higher volatility (6.10%) compared to EIPIX (3.67%). In terms of maximum drawdown, EGLIX dropped -78.89% vs EIPIX's -43.98%.

Which has better risk-adjusted returns?

EIPIX currently has the higher Sharpe Ratio (2.42 vs 1.96), 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.