EIPI vs. FLNG
EIPI (FT Energy Income Partners Enhanced Income ETF) is Derivative Income fund actively managed by First Trust, while FLNG (FLEX LNG Ltd) is a stock. Over the past year, EIPI returned 21.45% vs 39.28% for FLNG. At a 0.29 correlation, their price movements are largely independent.
Performance
EIPI vs. FLNG - Performance Comparison
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Returns By Period
In the year-to-date period, EIPI achieves a 14.55% return, which is significantly lower than FLNG's 25.52% return.
EIPI
- 1D
- 0.05%
- 1M
- -2.14%
- YTD
- 14.55%
- 6M
- 13.67%
- 1Y
- 21.45%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FLNG
- 1D
- -2.01%
- 1M
- -6.12%
- YTD
- 25.52%
- 6M
- 20.73%
- 1Y
- 39.28%
- 3Y*
- 10.45%
- 5Y*
- 28.91%
- 10Y*
- —
EIPI vs. FLNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EIPI FT Energy Income Partners Enhanced Income ETF | 14.55% | 12.38% | 12.83% |
FLNG FLEX LNG Ltd | 25.52% | 22.47% | -6.94% |
Correlation
The correlation between EIPI and FLNG is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since May 7, 2024 | 0.29 |
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Return for Risk
EIPI vs. FLNG — Risk / Return Rank
EIPI
FLNG
EIPI vs. FLNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Energy Income Partners Enhanced Income ETF (EIPI) and FLEX LNG Ltd (FLNG). 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 | FLNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.27 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 5.39 | 3.57 | +1.82 |
| Martin ratioReturn relative to average drawdown | 16.30 | 9.32 | +6.98 |
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 | FLNG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.26 | 1.54 | +0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.52 | 0.56 | +0.95 |
Drawdowns
EIPI vs. FLNG - Drawdown Comparison
The maximum EIPI drawdown since its inception was -12.33%, smaller than the maximum FLNG drawdown of -71.92%. Use the drawdown chart below to compare losses from any high point for EIPI and FLNG.
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Drawdown Indicators
| EIPI | FLNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.33% | -71.92% | +59.59% |
Max Drawdown (1Y)Largest decline over 1 year | -4.00% | -11.05% | +7.05% |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.37% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.05% | — |
Current DrawdownCurrent decline from peak | -2.62% | -8.44% | +5.82% |
Average DrawdownAverage peak-to-trough decline | -1.67% | -18.83% | +17.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.32% | 4.23% | -2.91% |
Volatility
EIPI vs. FLNG - Volatility Comparison
The current volatility for FT Energy Income Partners Enhanced Income ETF (EIPI) is 3.59%, while FLEX LNG Ltd (FLNG) has a volatility of 7.76%. This indicates that EIPI experiences smaller price fluctuations and is considered to be less risky than FLNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EIPI | FLNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.59% | 7.76% | -4.17% |
Volatility (6M)Calculated over the trailing 6-month period | 7.30% | 18.45% | -11.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.55% | 25.58% | -16.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.08% | 39.21% | -26.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.08% | 47.39% | -34.31% |
Dividends
EIPI vs. FLNG - Dividend Comparison
EIPI's dividend yield for the trailing twelve months is around 6.78%, less than FLNG's 12.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EIPI FT Energy Income Partners Enhanced Income ETF | 6.78% | 9.71% | 6.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLNG FLEX LNG Ltd | 12.62% | 12.02% | 13.08% | 11.61% | 10.71% | 7.88% | 2.29% | 0.92% |
Frequently Asked Questions
EIPI and FLNG have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLNG has higher volatility (7.76%) compared to EIPI (3.59%). In terms of maximum drawdown, EIPI dropped -12.33% vs FLNG's -71.92%.
EIPI currently has the higher Sharpe Ratio (2.26 vs 1.54), 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.
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