EINC vs. MTRX.TO

Last updated Jun 4, 2026

EINC (VanEck Energy Income ETF) and MTRX.TO (Global X Artificial Intelligence Infrastructure Index ETF) are both exchange-traded funds - EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index, while MTRX.TO is a Technology Equities fund tracking the Mirae Asset AI Infrastructure CAD Index. Both are passively managed. Over the past year, EINC returned 26.00% vs 83.64% for MTRX.TO. At a 0.08 correlation, their price movements are largely independent. EINC charges 0.45%/yr vs 0.49%/yr for MTRX.TO.

Performance

EINC vs. MTRX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Energy Income ETF (EINC) and Global X Artificial Intelligence Infrastructure Index ETF (MTRX.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EINC is traded in USD, while MTRX.TO is traded in CAD. To make them comparable, the MTRX.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EINC achieves a 24.74% return, which is significantly lower than MTRX.TO's 37.43% 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%

MTRX.TO

• 1D: -1.00%
• 1M: 5.78%
• YTD: 37.43%
• 6M: 41.40%
• 1Y: 83.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EINC vs. MTRX.TO - Yearly Performance Comparison

	2026 (YTD)	2025
EINC VanEck Energy Income ETF	24.74%	1.89%
MTRX.TO Global X Artificial Intelligence Infrastructure Index ETF	37.43%	41.81%

Correlation

The correlation between EINC and MTRX.TO is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.00
Correlation (All Time) Calculated using the full available price history since Feb 21, 2025	0.08

Return for Risk

EINC vs. MTRX.TO — Risk / Return Rank

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

EINC

EINC Risk / Return Rank: 53
EINC Sharpe Ratio Rank: 51
EINC Sortino Ratio Rank: 49
EINC Omega Ratio Rank: 49
EINC Calmar Ratio Rank: 66
EINC Martin Ratio Rank: 53

MTRX.TO

MTRX.TO Risk / Return Rank: 85
MTRX.TO Sharpe Ratio Rank: 88
MTRX.TO Sortino Ratio Rank: 80
MTRX.TO Omega Ratio Rank: 79
MTRX.TO Calmar Ratio Rank: 91
MTRX.TO Martin Ratio Rank: 89

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. MTRX.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Energy Income ETF (EINC) and Global X Artificial Intelligence Infrastructure Index ETF (MTRX.TO). 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	MTRX.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.78	2.78	-1.00
Sortino ratio: Return per unit of downside risk	2.43	3.40	-0.98
Omega ratio: Gain probability vs. loss probability	1.31	1.44	-0.13
Calmar ratio: Return relative to maximum drawdown	3.31	5.36	-2.05
Martin ratio: Return relative to average drawdown	9.18	18.69	-9.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EINC vs. MTRX.TO - Sharpe Ratio Comparison

The current EINC Sharpe Ratio is 1.78, which is lower than the MTRX.TO Sharpe Ratio of 2.78. The chart below compares the historical Sharpe Ratios of EINC and MTRX.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EINC	MTRX.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.78	2.78	-1.00
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	2.10	-2.06

Drawdowns

EINC vs. MTRX.TO - Drawdown Comparison

The maximum EINC drawdown since its inception was -87.55%, which is greater than MTRX.TO's maximum drawdown of -18.08%. Use the drawdown chart below to compare losses from any high point for EINC and MTRX.TO.

Drawdown Indicators

	EINC	MTRX.TO	Difference
Max Drawdown Largest peak-to-trough decline	-87.55%	-18.08%	-69.47%
Max Drawdown (1Y) Largest decline over 1 year	-7.89%	-15.68%	+7.79%
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	-5.44%	-1.00%	-4.44%
Average Drawdown Average peak-to-trough decline	-44.29%	-4.13%	-40.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	4.49%	-1.64%

Volatility

EINC vs. MTRX.TO - Volatility Comparison

The current volatility for VanEck Energy Income ETF (EINC) is 6.39%, while Global X Artificial Intelligence Infrastructure Index ETF (MTRX.TO) has a volatility of 9.75%. This indicates that EINC experiences smaller price fluctuations and is considered to be less risky than MTRX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EINC	MTRX.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.39%	9.75%	-3.36%
Volatility (6M) Calculated over the trailing 6-month period	11.57%	24.53%	-12.96%
Volatility (1Y) Calculated over the trailing 1-year period	14.72%	30.24%	-15.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.58%	32.78%	-13.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.43%	32.78%	-7.35%

EINC vs. MTRX.TO - Expense Ratio Comparison

EINC has a 0.45% expense ratio, which is lower than MTRX.TO's 0.49% expense ratio.

Dividends

EINC vs. MTRX.TO - Dividend Comparison

EINC's dividend yield for the trailing twelve months is around 3.55%, more than MTRX.TO's 0.03% 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%
MTRX.TO Global X Artificial Intelligence Infrastructure Index ETF	0.03%	0.04%	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.TO in my portfolio?

EINC and MTRX.TO have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EINC or MTRX.TO?

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.

Which ETF is cheaper, EINC or MTRX.TO?

EINC is cheaper with a 0.45% expense ratio, compared with 0.49% for MTRX.TO.

What is the main difference between EINC and MTRX.TO?

EINC is categorized as Energy Equities, while MTRX.TO is Technology Equities. EINC tracks MVIS North America Energy Infrastructure Index, while MTRX.TO tracks Mirae Asset AI Infrastructure CAD Index. They also come from different issuers: VanEck and Global X. Their fees differ too: 0.45% for EINC and 0.49% for MTRX.TO.