EIPI vs. RDVY

Last updated Aug 4, 2026

EIPI (FT Energy Income Partners Enhanced Income ETF) and RDVY (First Trust Rising Dividend Achievers ETF) are both exchange-traded funds - EIPI is a Derivative Income fund actively managed by First Trust, while RDVY is a Dividend fund tracking the Nasdaq US Rising Dividend Achievers Index. EIPI is actively managed, while RDVY is passively managed. Over the past year, EIPI returned 21.32% vs 31.80% for RDVY. Their 0.36 correlation means their historical movements had little consistent relationship. EIPI charges 1.11%/yr vs 0.47%/yr for RDVY.

Performance

EIPI vs. RDVY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Energy Income Partners Enhanced Income ETF (EIPI) and First Trust Rising Dividend Achievers ETF (RDVY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EIPI achieves a 16.85% return, which is significantly lower than RDVY's 18.21% return.

EIPI

• 1D: -0.36%
• 1M: 2.40%
• 6M: 10.89%
• YTD: 16.85%
• 1Y: 21.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.31%

RDVY

• 1D: 0.81%
• 1M: 2.01%
• 6M: 12.29%
• YTD: 18.21%
• 1Y: 31.80%
• 3Y*: 20.39%
• 5Y*: 13.07%
• 10Y*: 16.08%
• ALL TIME*: 13.82%

*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)
EIPI FT Energy Income Partners Enhanced Income ETF	$3.85M	$2.89M	$2.18M
RDVY First Trust Rising Dividend Achievers ETF	$79.27M	$78.43M	$84.11M

EIPI vs. RDVY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EIPI FT Energy Income Partners Enhanced Income ETF	16.85%	12.38%	13.14%
RDVY First Trust Rising Dividend Achievers ETF	18.21%	18.90%	10.55%

Correlation

The correlation between EIPI and RDVY is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.08
Correlation (All Time) Calculated using the full available price history since May 6, 2024	0.36

Over the past year, the correlation between EIPI and RDVY has dropped to 0.08 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.

EIPI vs. RDVY - Sectors Allocation Comparison

Sectors	EIPI	RDVY
Energy	62.6%	2.8%
Utilities	32.1%	1.4%
Industrials	4.7%	12.5%
Basic Materials	0.7%	-
Communication Services	-	4.2%
Consumer Cyclical	-	11.1%
Consumer Defensive	-	2.8%
Financial Services	-	38.9%
Healthcare	-	5.6%
Real Estate	-	-
Technology	-	19.4%

Return for Risk

EIPI vs. RDVY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EIPI

EIPI Risk / Return Rank: 87
EIPI Sharpe Ratio Rank: 86
EIPI Sortino Ratio Rank: 89
EIPI Omega Ratio Rank: 82
EIPI Calmar Ratio Rank: 92
EIPI Martin Ratio Rank: 86

RDVY

RDVY Risk / Return Rank: 88
RDVY Sharpe Ratio Rank: 88
RDVY Sortino Ratio Rank: 89
RDVY Omega Ratio Rank: 85
RDVY Calmar Ratio Rank: 87
RDVY Martin Ratio Rank: 90

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.

EIPI vs. RDVY - 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 Rising Dividend Achievers ETF (RDVY). 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	RDVY	Difference
Sharpe ratio: Return per unit of total volatility	2.12	2.19	-0.06
Sortino ratio: Return per unit of downside risk	3.16	3.10	+0.06
Omega ratio: Gain probability vs. loss probability	1.36	1.38	-0.01
Calmar ratio: Return relative to maximum drawdown	4.49	3.54	+0.95
Martin ratio: Return relative to average drawdown	12.97	14.83	-1.86

EIPI vs. RDVY - Sharpe Ratio Comparison

The current EIPI Sharpe Ratio is 2.12, which is comparable to the RDVY Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of EIPI and RDVY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EIPI vs. RDVY - Drawdown Comparison

The maximum EIPI drawdown since its inception was -12.33%, smaller than the maximum RDVY drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for EIPI and RDVY.

Drawdown Indicators

	EIPI	RDVY	Difference
Max Drawdown Largest peak-to-trough decline	-12.33%	-40.60%	+28.27%
Max Drawdown (1Y) Largest decline over 1 year	-4.77%	-9.04%	+4.27%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.11%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.60%	—
Current Drawdown Current decline from peak	-1.41%	0.00%	-1.41%
Average Drawdown Average peak-to-trough decline	-1.70%	-4.95%	+3.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	2.15%	-0.50%

Volatility

EIPI vs. RDVY - Volatility Comparison

FT Energy Income Partners Enhanced Income ETF (EIPI) and First Trust Rising Dividend Achievers ETF (RDVY) have volatilities of 3.51% and 3.55%, 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.

Volatility by Period

	EIPI	RDVY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	3.55%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	7.86%	11.40%	-3.54%
Volatility (1Y) Calculated over the trailing 1-year period	10.11%	14.64%	-4.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.01%	18.93%	-5.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.01%	21.03%	-8.02%

EIPI vs. RDVY - Expense Ratio Comparison

EIPI has a 1.11% expense ratio, which is higher than RDVY's 0.47% expense ratio.

Dividends

EIPI vs. RDVY - Dividend Comparison

EIPI's dividend yield for the trailing twelve months is around 6.72%, more than RDVY's 0.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EIPI FT Energy Income Partners Enhanced Income ETF	6.72%	9.71%	6.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RDVY First Trust Rising Dividend Achievers ETF	0.83%	1.11%	1.64%	2.09%	2.21%	1.04%	1.53%	1.55%	1.68%	1.25%	2.07%	2.14%

Frequently Asked Questions

Can I hold both EIPI and RDVY in my portfolio?

EIPI and RDVY have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EIPI or RDVY?

RDVY has higher volatility (3.55%) compared to EIPI (3.51%). In terms of maximum drawdown, EIPI dropped -12.33% vs RDVY's -40.60%.

Which ETF is better, EIPI or RDVY?

On 1-year performance, RDVY leads with 31.80% vs 21.32% for EIPI. On fees, RDVY is cheaper at 0.47% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EIPI or RDVY?

Over the 1-year period, RDVY has performed better with a 31.80% return vs 21.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EIPI or RDVY?

RDVY is cheaper with a 0.47% expense ratio, compared with 1.11% for EIPI.

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

EIPI has the higher dividend yield at 6.72%, compared with 0.83% for RDVY.

What is the main difference between EIPI and RDVY?

EIPI is categorized as Derivative Income, while RDVY is Dividend. Their fees differ too: 1.11% for EIPI and 0.47% for RDVY.

Which has better risk-adjusted returns?

RDVY currently has the higher Sharpe Ratio (2.19 vs 2.12), 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.