EIPI vs. FIYY

Last updated Jul 14, 2026

EIPI (FT Energy Income Partners Enhanced Income ETF) and FIYY (GraniteShares YieldBOOST 20Y+ Treasuries ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.11, they often move in opposite directions. EIPI charges 1.11%/yr vs 1.07%/yr for FIYY.

Performance

EIPI vs. FIYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Energy Income Partners Enhanced Income ETF (EIPI) and GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EIPI

• 1D: 1.40%
• 1M: 1.71%
• 6M: 16.37%
• YTD: 16.72%
• 1Y: 22.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIYY

• 1D: -0.07%
• 1M: -0.64%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EIPI vs. FIYY - Yearly Performance Comparison

	2026 (YTD)
EIPI FT Energy Income Partners Enhanced Income ETF	-0.29%
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	-2.01%

Correlation

The correlation between EIPI and FIYY is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	-0.11

Return for Risk

EIPI vs. FIYY — Risk / Return Rank

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

EIPI

EIPI Risk / Return Rank: 88
EIPI Sharpe Ratio Rank: 88
EIPI Sortino Ratio Rank: 91
EIPI Omega Ratio Rank: 82
EIPI Calmar Ratio Rank: 92
EIPI Martin Ratio Rank: 86

FIYY

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

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.

EIPI vs. FIYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Energy Income Partners Enhanced Income ETF (EIPI) and GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). 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.

	EIPI	FIYY	Difference
Sharpe ratio: Return per unit of total volatility	2.28	—	—
Sortino ratio: Return per unit of downside risk	3.41	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	4.81	—	—
Martin ratio: Return relative to average drawdown	14.07	—	—

Drawdowns

EIPI vs. FIYY - Drawdown Comparison

The maximum EIPI drawdown since its inception was -12.33%, which is greater than FIYY's maximum drawdown of -2.51%. Use the drawdown chart below to compare losses from any high point for EIPI and FIYY.

Drawdown Indicators

	EIPI	FIYY	Difference
Max Drawdown Largest peak-to-trough decline	-12.33%	-2.51%	-9.82%
Max Drawdown (1Y) Largest decline over 1 year	-4.77%	—	—
Current Drawdown Current decline from peak	-0.77%	-2.13%	+1.36%
Average Drawdown Average peak-to-trough decline	-1.72%	-1.47%	-0.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	—	—

Volatility

Volatility by Period

	EIPI	FIYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.84%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.06%	5.08%	+4.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.08%	5.08%	+8.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.08%	5.08%	+8.00%

EIPI vs. FIYY - Expense Ratio Comparison

EIPI has a 1.11% expense ratio, which is higher than FIYY's 1.07% expense ratio.

Dividends

EIPI vs. FIYY - Dividend Comparison

EIPI's dividend yield for the trailing twelve months is around 6.69%, more than FIYY's 1.13% yield.

Position	TTM	2025	2024
EIPI FT Energy Income Partners Enhanced Income ETF	6.69%	9.71%	6.31%
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	1.13%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EIPI and FIYY in my portfolio?

EIPI and FIYY have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EIPI or FIYY?

On fees, FIYY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EIPI or FIYY?

FIYY is cheaper with a 1.07% expense ratio, compared with 1.11% for EIPI.

Which ETF pays a higher dividend yield, EIPI or FIYY?

EIPI has the higher dividend yield at 6.69%, compared with 1.13% for FIYY.

What is the main difference between EIPI and FIYY?

They also come from different issuers: First Trust and GraniteShares. Their fees differ too: 1.11% for EIPI and 1.07% for FIYY.