EINC vs. MLPI
EINC (VanEck Energy Income ETF) and MLPI (Neos MLP & Energy Infrastructure High Income ETF) are both Energy Equities funds. EINC is passively managed, while MLPI is actively managed. Their correlation of 0.86 suggests significant overlap in exposure. EINC charges 0.45%/yr vs 0.68%/yr for MLPI.
Performance
EINC vs. MLPI - Performance Comparison
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Returns By Period
In the year-to-date period, EINC achieves a 24.74% return, which is significantly higher than MLPI's 17.58% return.
EINC
- 1D
- -0.39%
- 1M
- -1.60%
- YTD
- 24.74%
- 6M
- 24.40%
- 1Y
- 26.00%
- 3Y*
- 29.18%
- 5Y*
- 20.73%
- 10Y*
- 11.62%
MLPI
- 1D
- 0.04%
- 1M
- -3.13%
- YTD
- 17.58%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EINC vs. MLPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EINC VanEck Energy Income ETF | 24.74% | 2.19% |
MLPI Neos MLP & Energy Infrastructure High Income ETF | 17.58% | 0.56% |
Correlation
The correlation between EINC and MLPI is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 19, 2025 | 0.86 |
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Return for Risk
EINC vs. MLPI — Risk / Return Rank
EINC
MLPI
EINC vs. MLPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Energy Income ETF (EINC) and Neos MLP & Energy Infrastructure High Income ETF (MLPI). 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.
| EINC | MLPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.31 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | — | — |
| Martin ratioReturn relative to average drawdown | 9.18 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EINC | MLPI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.07 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 3.49 | -3.45 |
Drawdowns
EINC vs. MLPI - Drawdown Comparison
The maximum EINC drawdown since its inception was -87.55%, which is greater than MLPI's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for EINC and MLPI.
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Drawdown Indicators
| EINC | MLPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.55% | -5.38% | -82.17% |
Max Drawdown (1Y)Largest decline over 1 year | -7.89% | — | — |
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 DrawdownCurrent decline from peak | -5.44% | -3.84% | -1.60% |
Average DrawdownAverage peak-to-trough decline | -44.29% | -1.27% | -43.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.85% | — | — |
Volatility
EINC vs. MLPI - Volatility Comparison
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Volatility by Period
| EINC | MLPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.39% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.57% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.72% | 13.05% | +1.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.58% | 13.05% | +6.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.43% | 13.05% | +12.38% |
EINC vs. MLPI - Expense Ratio Comparison
EINC has a 0.45% expense ratio, which is lower than MLPI's 0.68% expense ratio.
Dividends
EINC vs. MLPI - Dividend Comparison
EINC's dividend yield for the trailing twelve months is around 3.55%, less than MLPI's 6.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EINC VanEck Energy Income ETF | 3.55% | 4.51% | 3.33% | 3.77% | 2.89% | 6.03% | 6.69% | 9.66% | 11.31% | 8.53% | 9.71% | 28.53% |
MLPI Neos MLP & Energy Infrastructure High Income ETF | 6.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EINC and MLPI have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EINC is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EINC is cheaper with a 0.45% expense ratio, compared with 0.68% for MLPI.
MLPI has the higher dividend yield at 6.04%, compared with 3.55% for EINC.
They also come from different issuers: VanEck and Neos. Their fees differ too: 0.45% for EINC and 0.68% for MLPI.
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