EINC vs. MTRX

Last updated Aug 4, 2026

EINC (VanEck Energy Income ETF) is Energy Equities fund tracking the MVIS North America Energy Infrastructure Index, while MTRX (Matrix Service Company) is a stock. Over the past 10 years, EINC returned 11.27%/yr vs -4.00%/yr for MTRX. Their 0.39 correlation means their historical movements had little consistent relationship.

Performance

EINC vs. MTRX - Performance Comparison

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

Returns By Period

In the year-to-date period, EINC achieves a 27.20% return, which is significantly higher than MTRX's 2.22% return. Over the past 10 years, EINC has outperformed MTRX with an annualized return of 11.27%, while MTRX has yielded a comparatively lower -4.00% annualized return.

EINC

• 1D: -1.08%
• 1M: 2.56%
• 6M: 20.49%
• YTD: 27.20%
• 1Y: 29.08%
• 3Y*: 27.42%
• 5Y*: 22.70%
• 10Y*: 11.27%
• ALL TIME*: 0.99%

MTRX

• 1D: 3.10%
• 1M: -4.55%
• 6M: -15.77%
• YTD: 2.22%
• 1Y: -16.13%
• 3Y*: 20.77%
• 5Y*: 2.37%
• 10Y*: -4.00%
• ALL TIME*: 0.21%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EINC VanEck Energy Income ETF	$731.46K	$2.80M	$2.24M
MTRX Matrix Service Company	$2.45M	$2.43M	$3.27M

EINC vs. MTRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EINC VanEck Energy Income ETF	27.20%	7.11%	42.79%	15.55%	19.18%	38.05%	-19.89%	16.98%	-19.85%	-3.45%
MTRX Matrix Service Company	2.22%	-2.26%	22.39%	57.23%	-17.29%	-31.76%	-51.84%	27.54%	0.79%	-21.59%

Correlation

The correlation between EINC and MTRX is 0.12, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.12
Correlation (3Y) Balances recent behavior with more history.	0.27
Correlation (5Y) Shows whether the relationship held over a longer period.	0.34
Correlation (10Y) Provides a long-term view across more market conditions.	0.39
Correlation (All Time) Calculated using the full available price history since Mar 13, 2012	0.39

Over the past year, the correlation between EINC and MTRX has dropped to 0.12 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.

Return for Risk

EINC vs. MTRX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EINC

EINC Risk / Return Rank: 79
EINC Sharpe Ratio Rank: 80
EINC Sortino Ratio Rank: 77
EINC Omega Ratio Rank: 77
EINC Calmar Ratio Rank: 88
EINC Martin Ratio Rank: 71

MTRX

MTRX Risk / Return Rank: 28
MTRX Sharpe Ratio Rank: 28
MTRX Sortino Ratio Rank: 28
MTRX Omega Ratio Rank: 28
MTRX Calmar Ratio Rank: 27
MTRX Martin Ratio Rank: 27

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EINC vs. MTRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Energy Income ETF (EINC) and Matrix Service Company (MTRX). 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	MTRX	Difference
Sharpe ratio: Return per unit of total volatility	1.89	-0.34	+2.23
Sortino ratio: Return per unit of downside risk	2.58	-0.14	+2.72
Omega ratio: Gain probability vs. loss probability	1.33	0.98	+0.35
Calmar ratio: Return relative to maximum drawdown	3.70	-0.45	+4.16
Martin ratio: Return relative to average drawdown	9.02	-0.78	+9.80

EINC vs. MTRX - Sharpe Ratio Comparison

The current EINC Sharpe Ratio is 1.89, which is higher than the MTRX Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of EINC and MTRX, 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. MTRX - Drawdown Comparison

The maximum EINC drawdown since its inception was -87.55%, roughly equal to the maximum MTRX drawdown of -90.70%. Use the drawdown chart below to compare losses from any high point for EINC and MTRX.

Drawdown Indicators

	EINC	MTRX	Difference
Max Drawdown Largest peak-to-trough decline	-87.55%	-90.70%	+3.15%
Max Drawdown (1Y) Largest decline over 1 year	-7.89%	-35.71%	+27.82%
Max Drawdown (3Y) Largest decline over 3 years	-16.01%	-36.03%	+20.02%
Max Drawdown (5Y) Largest decline over 5 years	-19.87%	-70.02%	+50.15%
Max Drawdown (10Y) Largest decline over 10 years	-68.85%	-86.56%	+17.71%
Current Drawdown Current decline from peak	-3.57%	-67.86%	+64.29%
Average Drawdown Average peak-to-trough decline	-43.83%	-60.01%	+16.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	20.70%	-17.47%

Volatility

EINC vs. MTRX - Volatility Comparison

The current volatility for VanEck Energy Income ETF (EINC) is 5.70%, while Matrix Service Company (MTRX) has a volatility of 12.77%. This indicates that EINC experiences smaller price fluctuations and is considered to be less risky than MTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EINC	MTRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.70%	12.77%	-7.07%
Volatility (6M) Calculated over the trailing 6-month period	12.69%	35.01%	-22.32%
Volatility (1Y) Calculated over the trailing 1-year period	15.47%	48.22%	-32.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.49%	54.25%	-34.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.33%	55.39%	-30.06%

Dividends

EINC vs. MTRX - Dividend Comparison

EINC's dividend yield for the trailing twelve months is around 4.23%, while MTRX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EINC VanEck Energy Income ETF	4.23%	4.51%	3.33%	3.77%	2.89%	6.03%	6.69%	9.66%	11.31%	8.53%	9.71%	28.53%
MTRX Matrix Service Company	0.00%	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

Can I hold both EINC and MTRX in my portfolio?

EINC and MTRX have a correlation of 0.12, 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 MTRX?

MTRX has higher volatility (12.77%) compared to EINC (5.70%). In terms of maximum drawdown, EINC dropped -87.55% vs MTRX's -90.70%.

Which has better risk-adjusted returns?

EINC currently has the higher Sharpe Ratio (1.89 vs -0.34), 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.