EIPI vs. FDL
Compare and contrast key facts about FT Energy Income Partners Enhanced Income ETF (EIPI) and First Trust Morningstar Dividend Leaders Index Fund (FDL).
EIPI and FDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EIPI is an actively managed fund by First Trust. It was launched on Sep 27, 2011. FDL is a passively managed fund by First Trust that tracks the performance of the Morningstar Dividend Leaders Index. It was launched on Mar 9, 2006.
Performance
EIPI vs. FDL - Performance Comparison
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EIPI vs. FDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EIPI FT Energy Income Partners Enhanced Income ETF | 15.17% | 12.38% | 12.83% |
FDL First Trust Morningstar Dividend Leaders Index Fund | 15.49% | 14.79% | 10.60% |
Returns By Period
The year-to-date returns for both investments are quite close, with EIPI having a 15.17% return and FDL slightly higher at 15.49%.
EIPI
- 1D
- -0.49%
- 1M
- 1.92%
- YTD
- 15.17%
- 6M
- 17.66%
- 1Y
- 19.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FDL
- 1D
- 0.43%
- 1M
- 0.01%
- YTD
- 15.49%
- 6M
- 19.42%
- 1Y
- 21.84%
- 3Y*
- 18.00%
- 5Y*
- 14.12%
- 10Y*
- 11.60%
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EIPI vs. FDL - Expense Ratio Comparison
EIPI has a 1.11% expense ratio, which is higher than FDL's 0.45% expense ratio.
Return for Risk
EIPI vs. FDL — Risk / Return Rank
EIPI
FDL
EIPI vs. FDL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Energy Income Partners Enhanced Income ETF (EIPI) and First Trust Morningstar Dividend Leaders Index Fund (FDL). 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.
| EIPI | FDL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.40 | 1.47 | -0.08 |
Sortino ratioReturn per unit of downside risk | 1.82 | 2.06 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.29 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.96 | -0.35 |
Martin ratioReturn relative to average drawdown | 7.06 | 7.63 | -0.57 |
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
| EIPI | FDL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.40 | 1.47 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.99 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.68 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.68 | 0.46 | +1.22 |
Correlation
The correlation between EIPI and FDL is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
EIPI vs. FDL - Dividend Comparison
EIPI's dividend yield for the trailing twelve months is around 6.67%, more than FDL's 3.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIPI FT Energy Income Partners Enhanced Income ETF | 6.67% | 9.71% | 6.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDL First Trust Morningstar Dividend Leaders Index Fund | 3.61% | 4.04% | 4.96% | 4.58% | 3.58% | 4.59% | 4.48% | 3.75% | 3.97% | 3.18% | 2.93% | 3.65% |
Drawdowns
EIPI vs. FDL - Drawdown Comparison
The maximum EIPI drawdown since its inception was -12.33%, smaller than the maximum FDL drawdown of -65.93%. Use the drawdown chart below to compare losses from any high point for EIPI and FDL.
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Drawdown Indicators
| EIPI | FDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.33% | -65.93% | +53.60% |
Max Drawdown (1Y)Largest decline over 1 year | -12.33% | -11.58% | -0.75% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.40% | — |
Current DrawdownCurrent decline from peak | -0.49% | -0.10% | -0.39% |
Average DrawdownAverage peak-to-trough decline | -1.68% | -9.73% | +8.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 3.10% | -0.28% |
Volatility
EIPI vs. FDL - Volatility Comparison
FT Energy Income Partners Enhanced Income ETF (EIPI) and First Trust Morningstar Dividend Leaders Index Fund (FDL) have volatilities of 2.58% and 2.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EIPI | FDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.58% | 2.56% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 6.88% | 8.16% | -1.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.97% | 14.96% | -0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.24% | 14.31% | -1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.24% | 17.09% | -3.85% |