EINC vs. RAYS

Last updated Aug 4, 2026

EINC (VanEck Energy Income ETF) and RAYS (Global X Solar ETF) are both exchange-traded funds - EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index, while RAYS is a Alternative Energy Equities fund tracking the Solactive Solar Index. Both are passively managed. EINC charges 0.46%/yr vs 0.50%/yr for RAYS.

Performance

EINC vs. RAYS - Performance Comparison

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

Returns By Period

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%

RAYS

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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
RAYS Global X Solar ETF	$0.00	$0.00	$0.00

EINC vs. RAYS - Yearly Performance Comparison

	2026 (YTD)
EINC VanEck Energy Income ETF	16.04%
RAYS Global X Solar ETF	0.00%

EINC vs. RAYS - Sectors Allocation Comparison

Sectors	EINC	RAYS
Energy	99.5%	-
Industrials	0.6%	21.4%
Utilities	0.5%	6.8%
Basic Materials	-	0.9%
Communication Services	-	-
Consumer Cyclical	-	4.0%
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	66.9%

Return for Risk

EINC vs. RAYS — 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

RAYS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. RAYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Energy Income ETF (EINC) and Global X Solar ETF (RAYS). 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	RAYS	Difference
Sharpe ratio: Return per unit of total volatility	1.89	—	—
Sortino ratio: Return per unit of downside risk	2.58	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	3.70	—	—
Martin ratio: Return relative to average drawdown	9.02	—	—

Drawdowns

EINC vs. RAYS - Drawdown Comparison

The maximum EINC drawdown since its inception was -87.55%, which is greater than RAYS's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for EINC and RAYS.

Drawdown Indicators

	EINC	RAYS	Difference
Max Drawdown Largest peak-to-trough decline	-87.55%	0.00%	-87.55%
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 Drawdown Current decline from peak	-3.57%	0.00%	-3.57%
Average Drawdown Average peak-to-trough decline	-43.83%	0.00%	-43.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	—	—

Volatility

Volatility by Period

	EINC	RAYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.47%	0.00%	+15.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.49%	0.00%	+19.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.33%	0.00%	+25.33%

EINC vs. RAYS - Expense Ratio Comparison

EINC has a 0.46% expense ratio, which is lower than RAYS's 0.50% expense ratio.

Dividends

EINC vs. RAYS - Dividend Comparison

EINC's dividend yield for the trailing twelve months is around 4.23%, while RAYS 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%
RAYS Global X Solar ETF	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

Which ETF is better, EINC or RAYS?

On fees, EINC is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EINC or RAYS?

EINC is cheaper with a 0.46% expense ratio, compared with 0.50% for RAYS.

Which ETF pays a higher dividend yield, EINC or RAYS?

EINC has the higher dividend yield at 4.23%, compared with 0.00% for RAYS.

What is the main difference between EINC and RAYS?

EINC is categorized as Energy Equities, while RAYS is Alternative Energy Equities. EINC tracks MVIS North America Energy Infrastructure Index, while RAYS tracks Solactive Solar Index. They also come from different issuers: VanEck and Global X. Their fees differ too: 0.46% for EINC and 0.50% for RAYS.