EINC vs. MLPI

Last updated Apr 1, 2026

Compare and contrast key facts about VanEck Energy Income ETF (EINC) and Neos MLP & Energy Infrastructure High Income ETF (MLPI).

EINC and MLPI 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. MLPI is an actively managed fund by Neos. It was launched on Dec 17, 2025.

Performance

EINC vs. MLPI - Performance Comparison

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

EINC vs. MLPI - Yearly Performance Comparison

	2026 (YTD)	2025
EINC VanEck Energy Income ETF	23.05%	2.19%
MLPI Neos MLP & Energy Infrastructure High Income ETF	17.27%	0.56%

Returns By Period

In the year-to-date period, EINC achieves a 23.05% return, which is significantly higher than MLPI's 17.27% return.

EINC

• 1D: -1.62%
• 1M: 3.53%
• YTD: 23.05%
• 6M: 21.56%
• 1Y: 23.37%
• 3Y*: 29.78%
• 5Y*: 24.01%
• 10Y*: 13.88%

MLPI

• 1D: -0.40%
• 1M: 3.16%
• YTD: 17.27%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EINC vs. MLPI - Expense Ratio Comparison

EINC has a 0.45% expense ratio, which is lower than MLPI's 0.68% expense ratio.

MLPI

Neos MLP & Energy Infrastructure High Income ETF

EINC

VanEck Energy Income ETF

Return for Risk

EINC vs. MLPI — Risk / Return Rank

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

EINC

EINC Risk / Return Rank: 68
EINC Sharpe Ratio Rank: 74
EINC Sortino Ratio Rank: 68
EINC Omega Ratio Rank: 73
EINC Calmar Ratio Rank: 66
EINC Martin Ratio Rank: 58

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. 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 ratio Return per unit of total volatility	1.29	—	—
Sortino ratio Return per unit of downside risk	1.66	—	—
Omega ratio Gain probability vs. loss probability	1.26	—	—
Calmar ratio Return relative to maximum drawdown	1.59	—	—
Martin ratio Return relative to average drawdown	5.55	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EINC	MLPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.29	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.24	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	7.48	-7.45

Correlation

The correlation between EINC and MLPI is 0.88, 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.

Dividends

EINC vs. MLPI - Dividend Comparison

EINC's dividend yield for the trailing twelve months is around 3.75%, more than MLPI's 3.49% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EINC VanEck Energy Income ETF	3.75%	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	3.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

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 -2.78%. Use the drawdown chart below to compare losses from any high point for EINC and MLPI.

Drawdown Indicators

	EINC	MLPI	Difference
Max Drawdown Largest peak-to-trough decline	-87.55%	-2.78%	-84.77%
Max Drawdown (1Y) Largest decline over 1 year	-14.67%	—	—
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	-3.21%	-1.19%	-2.02%
Average Drawdown Average peak-to-trough decline	-44.79%	-0.60%	-44.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.21%	—	—

Volatility

Volatility by Period

	EINC	MLPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.18%	11.12%	+7.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.47%	11.12%	+8.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.48%	11.12%	+14.36%