EINC vs. IXC
Compare and contrast key facts about VanEck Energy Income ETF (EINC) and iShares Global Energy ETF (IXC).
EINC and IXC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EINC is a passively managed fund by VanEck that tracks the performance of the MVIS North America Energy Infrastructure Index. It was launched on Mar 13, 2012. IXC is a passively managed fund by iShares that tracks the performance of the S&P Global Energy Sector Index. It was launched on Nov 16, 2001. Both EINC and IXC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EINC or IXC.
Key characteristics
| EINC | IXC | |
|---|---|---|
| YTD Return | 44.38% | 8.50% |
| 1Y Return | 50.89% | 9.53% |
| 3Y Return (Ann) | 23.56% | 17.98% |
| 5Y Return (Ann) | 17.94% | 11.11% |
| 10Y Return (Ann) | -1.61% | 4.25% |
| Sharpe Ratio | 3.89 | 0.65 |
| Sortino Ratio | 5.20 | 0.96 |
| Omega Ratio | 1.68 | 1.12 |
| Calmar Ratio | 1.02 | 0.94 |
| Martin Ratio | 30.57 | 2.22 |
| Ulcer Index | 1.69% | 4.71% |
| Daily Std Dev | 13.32% | 16.20% |
| Max Drawdown | -87.56% | -67.88% |
| Current Drawdown | -25.81% | -5.19% |
Correlation
The correlation between EINC and IXC is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EINC vs. IXC - Performance Comparison
In the year-to-date period, EINC achieves a 44.38% return, which is significantly higher than IXC's 8.50% return. Over the past 10 years, EINC has underperformed IXC with an annualized return of -1.61%, while IXC has yielded a comparatively higher 4.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EINC vs. IXC - Expense Ratio Comparison
EINC has a 0.45% expense ratio, which is lower than IXC's 0.46% expense ratio.
Risk-Adjusted Performance
EINC vs. IXC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Energy Income ETF (EINC) and iShares Global Energy ETF (IXC). 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.
Dividends
EINC vs. IXC - Dividend Comparison
EINC's dividend yield for the trailing twelve months is around 3.30%, less than IXC's 3.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EINC VanEck Energy Income ETF | 3.30% | 3.77% | 2.89% | 6.03% | 6.69% | 9.66% | 11.31% | 8.53% | 9.71% | 28.53% | 12.41% | 8.90% |
IXC iShares Global Energy ETF | 3.69% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% | 3.02% | 2.48% |
Drawdowns
EINC vs. IXC - Drawdown Comparison
The maximum EINC drawdown since its inception was -87.56%, which is greater than IXC's maximum drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for EINC and IXC. For additional features, visit the drawdowns tool.
Volatility
EINC vs. IXC - Volatility Comparison
VanEck Energy Income ETF (EINC) and iShares Global Energy ETF (IXC) have volatilities of 4.95% and 4.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.