EINC vs. BESF

Last updated Jun 24, 2026

EINC (VanEck Energy Income ETF) and BESF (Bastion Energy ETF) are both Energy Equities funds. EINC is passively managed, while BESF is actively managed. Over the past year, EINC returned 29.82% vs 61.61% for BESF. A 0.55 correlation means they provide meaningful diversification when combined. EINC charges 0.45%/yr vs 0.80%/yr for BESF.

Performance

EINC vs. BESF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Energy Income ETF (EINC) and Bastion Energy ETF (BESF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EINC achieves a 25.97% return, which is significantly higher than BESF's 16.12% return.

EINC

• 1D: 1.37%
• 1M: -4.50%
• YTD: 25.97%
• 6M: 25.98%
• 1Y: 29.82%
• 3Y*: 30.36%
• 5Y*: 21.18%
• 10Y*: 12.03%

BESF

• 1D: 1.01%
• 1M: -6.28%
• YTD: 16.12%
• 6M: 15.17%
• 1Y: 61.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EINC vs. BESF - Yearly Performance Comparison

	2026 (YTD)	2025
EINC VanEck Energy Income ETF	25.97%	1.01%
BESF Bastion Energy ETF	16.12%	38.76%

Correlation

The correlation between EINC and BESF is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.55

The correlation between EINC and BESF has been stable across timeframes, ranging from 0.55 to 0.55 - a consistent structural relationship.

Return for Risk

EINC vs. BESF — Risk / Return Rank

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

EINC

EINC Risk / Return Rank: 64
EINC Sharpe Ratio Rank: 63
EINC Sortino Ratio Rank: 60
EINC Omega Ratio Rank: 60
EINC Calmar Ratio Rank: 77
EINC Martin Ratio Rank: 57

BESF

BESF Risk / Return Rank: 84
BESF Sharpe Ratio Rank: 86
BESF Sortino Ratio Rank: 83
BESF Omega Ratio Rank: 77
BESF Calmar Ratio Rank: 92
BESF Martin Ratio Rank: 83

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.

EINC vs. BESF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Energy Income ETF (EINC) and Bastion Energy ETF (BESF). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EINC	BESF	Difference
Sharpe ratio: Return per unit of total volatility	1.99	2.52	-0.53
Sortino ratio: Return per unit of downside risk	2.67	3.34	-0.67
Omega ratio: Gain probability vs. loss probability	1.35	1.41	-0.06
Calmar ratio: Return relative to maximum drawdown	3.80	5.64	-1.85
Martin ratio: Return relative to average drawdown	9.63	15.57	-5.95

EINC vs. BESF - Sharpe Ratio Comparison

The current EINC Sharpe Ratio is 1.99, which is comparable to the BESF Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of EINC and BESF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EINC vs. BESF - Drawdown Comparison

The maximum EINC drawdown since its inception was -87.55%, which is greater than BESF's maximum drawdown of -10.97%. Use the drawdown chart below to compare losses from any high point for EINC and BESF.

Drawdown Indicators

	EINC	BESF	Difference
Max Drawdown Largest peak-to-trough decline	-87.55%	-10.97%	-76.58%
Max Drawdown (1Y) Largest decline over 1 year	-7.89%	-10.97%	+3.08%
Max Drawdown (3Y) Largest decline over 3 years	-16.01%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-68.85%	—	—
Current Drawdown Current decline from peak	-4.50%	-8.73%	+4.23%
Average Drawdown Average peak-to-trough decline	-44.15%	-2.74%	-41.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.10%	3.97%	-0.87%

Volatility

EINC vs. BESF - Volatility Comparison

The current volatility for VanEck Energy Income ETF (EINC) is 6.51%, while Bastion Energy ETF (BESF) has a volatility of 6.97%. This indicates that EINC experiences smaller price fluctuations and is considered to be less risky than BESF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EINC	BESF	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.51%	6.97%	-0.46%
Volatility (6M) Calculated over the trailing 6-month period	11.88%	14.93%	-3.05%
Volatility (1Y) Calculated over the trailing 1-year period	15.10%	24.75%	-9.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.54%	24.39%	-4.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.43%	24.39%	+1.04%

EINC vs. BESF - Expense Ratio Comparison

EINC has a 0.45% expense ratio, which is lower than BESF's 0.80% expense ratio.

Dividends

EINC vs. BESF - Dividend Comparison

EINC's dividend yield for the trailing twelve months is around 3.51%, less than BESF's 5.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BESF Bastion Energy ETF	5.86%	6.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EINC VanEck Energy Income ETF	3.51%	4.51%	3.33%	3.77%	2.89%	6.03%	6.69%	9.66%	11.31%	8.53%	9.71%	28.53%

Frequently Asked Questions

Can I hold both EINC and BESF in my portfolio?

EINC and BESF have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EINC or BESF?

BESF has higher volatility (6.97%) compared to EINC (6.51%). In terms of maximum drawdown, EINC dropped -87.55% vs BESF's -10.97%.

Which ETF is better, EINC or BESF?

On 1-year performance, BESF leads with 61.61% vs 29.82% for EINC. On fees, EINC is cheaper at 0.45% per year. On volatility, EINC has been the lower-risk option at 6.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EINC or BESF?

Over the 1-year period, BESF has performed better with a 61.61% return vs 29.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EINC or BESF?

EINC is cheaper with a 0.45% expense ratio, compared with 0.80% for BESF.

Which ETF pays a higher dividend yield, EINC or BESF?

BESF has the higher dividend yield at 5.86%, compared with 3.51% for EINC.

What is the main difference between EINC and BESF?

They also come from different issuers: VanEck and Bastion. Their fees differ too: 0.45% for EINC and 0.80% for BESF.

Which has better risk-adjusted returns?

BESF currently has the higher Sharpe Ratio (2.52 vs 1.99), 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.