EIPX vs. BILD

Last updated Jun 26, 2026

EIPX (FT Energy Income Partners Strategy ETF) and BILD (Macquarie Global Listed Infrastructure ETF) are both Energy Equities funds. Both are actively managed. Over the past year, EIPX returned 28.14% vs 17.93% for BILD. At a 0.45 correlation, their price movements are largely independent. EIPX charges 0.95%/yr vs 0.49%/yr for BILD.

Performance

EIPX vs. BILD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Energy Income Partners Strategy ETF (EIPX) and Macquarie Global Listed Infrastructure ETF (BILD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EIPX achieves a 21.06% return, which is significantly higher than BILD's 9.22% return.

EIPX

• 1D: 1.26%
• 1M: -2.26%
• YTD: 21.06%
• 6M: 21.15%
• 1Y: 28.14%
• 3Y*: 20.82%
• 5Y*: —
• 10Y*: —

BILD

• 1D: 0.81%
• 1M: -0.67%
• YTD: 9.22%
• 6M: 9.19%
• 1Y: 17.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EIPX vs. BILD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EIPX FT Energy Income Partners Strategy ETF	21.06%	11.44%	19.11%	0.86%
BILD Macquarie Global Listed Infrastructure ETF	9.22%	21.08%	-2.68%	3.73%

Correlation

The correlation between EIPX and BILD is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since Nov 29, 2023	0.45

EIPX vs. BILD - Sectors Allocation Comparison

Sectors	EIPX	BILD
Energy	68.4%	18.2%
Utilities	26.4%	52.8%
Industrials	4.8%	22.1%
Technology	0.3%	-
Basic Materials	-	-
Communication Services	-	1.5%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	5.4%

Return for Risk

EIPX vs. BILD — Risk / Return Rank

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

EIPX

EIPX Risk / Return Rank: 88
EIPX Sharpe Ratio Rank: 88
EIPX Sortino Ratio Rank: 89
EIPX Omega Ratio Rank: 82
EIPX Calmar Ratio Rank: 92
EIPX Martin Ratio Rank: 88

BILD

BILD Risk / Return Rank: 56
BILD Sharpe Ratio Rank: 56
BILD Sortino Ratio Rank: 51
BILD Omega Ratio Rank: 54
BILD Calmar Ratio Rank: 68
BILD Martin Ratio Rank: 50

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.

EIPX vs. BILD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Energy Income Partners Strategy ETF (EIPX) and Macquarie Global Listed Infrastructure ETF (BILD). 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.

	EIPX	BILD	Difference
Sharpe ratio: Return per unit of total volatility	2.52	1.66	+0.86
Sortino ratio: Return per unit of downside risk	3.57	2.23	+1.34
Omega ratio: Gain probability vs. loss probability	1.42	1.30	+0.13
Calmar ratio: Return relative to maximum drawdown	5.47	2.98	+2.49
Martin ratio: Return relative to average drawdown	16.51	7.52	+8.99

EIPX vs. BILD - Sharpe Ratio Comparison

The current EIPX Sharpe Ratio is 2.52, which is higher than the BILD Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of EIPX and BILD, 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

EIPX vs. BILD - Drawdown Comparison

The maximum EIPX drawdown since its inception was -15.43%, roughly equal to the maximum BILD drawdown of -14.78%. Use the drawdown chart below to compare losses from any high point for EIPX and BILD.

Drawdown Indicators

	EIPX	BILD	Difference
Max Drawdown Largest peak-to-trough decline	-15.43%	-14.78%	-0.65%
Max Drawdown (1Y) Largest decline over 1 year	-5.17%	-6.05%	+0.88%
Max Drawdown (3Y) Largest decline over 3 years	-15.43%	—	—
Current Drawdown Current decline from peak	-3.30%	-3.30%	0.00%
Average Drawdown Average peak-to-trough decline	-2.29%	-3.72%	+1.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	2.39%	-0.68%

Volatility

EIPX vs. BILD - Volatility Comparison

FT Energy Income Partners Strategy ETF (EIPX) has a higher volatility of 3.90% compared to Macquarie Global Listed Infrastructure ETF (BILD) at 3.18%. This indicates that EIPX's price experiences larger fluctuations and is considered to be riskier than BILD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EIPX	BILD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.90%	3.18%	+0.72%
Volatility (6M) Calculated over the trailing 6-month period	8.60%	8.91%	-0.31%
Volatility (1Y) Calculated over the trailing 1-year period	11.25%	10.86%	+0.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.03%	13.15%	+1.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.03%	13.15%	+1.88%

EIPX vs. BILD - Expense Ratio Comparison

EIPX has a 0.95% expense ratio, which is higher than BILD's 0.49% expense ratio.

Dividends

EIPX vs. BILD - Dividend Comparison

EIPX's dividend yield for the trailing twelve months is around 3.48%, less than BILD's 4.72% yield.

Position	TTM	2025	2024	2023	2022
BILD Macquarie Global Listed Infrastructure ETF	4.72%	3.05%	5.53%	0.52%	0.00%
EIPX FT Energy Income Partners Strategy ETF	3.48%	3.23%	3.27%	3.48%	0.34%

Frequently Asked Questions

Can I hold both EIPX and BILD in my portfolio?

EIPX and BILD have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EIPX or BILD?

EIPX has higher volatility (3.90%) compared to BILD (3.18%). In terms of maximum drawdown, EIPX dropped -15.43% vs BILD's -14.78%.

Which ETF is better, EIPX or BILD?

On 1-year performance, EIPX leads with 28.14% vs 17.93% for BILD. On fees, BILD is cheaper at 0.49% per year. On volatility, BILD has been the lower-risk option at 3.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EIPX or BILD?

Over the 1-year period, EIPX has performed better with a 28.14% return vs 17.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EIPX or BILD?

BILD is cheaper with a 0.49% expense ratio, compared with 0.95% for EIPX.

Which ETF pays a higher dividend yield, EIPX or BILD?

BILD has the higher dividend yield at 4.72%, compared with 3.48% for EIPX.

What is the main difference between EIPX and BILD?

They also come from different issuers: First Trust and Macquarie. Their fees differ too: 0.95% for EIPX and 0.49% for BILD.

Which has better risk-adjusted returns?

EIPX currently has the higher Sharpe Ratio (2.52 vs 1.66), 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.