EIPX vs. GRID

Last updated Aug 2, 2026

EIPX (FT Energy Income Partners Strategy ETF) and GRID (First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund) are both exchange-traded funds - EIPX is a Energy Equities fund actively managed by First Trust, while GRID is a Infrastructure Equities fund tracking the Nasdaq Clean Edge Smart Grid Infrastructure Index. EIPX is actively managed, while GRID is passively managed. Over the past 3 years, EIPX returned 19.41%/yr vs 20.65%/yr for GRID. Their 0.44 correlation means their historical movements had little consistent relationship. EIPX charges 0.95%/yr vs 0.70%/yr for GRID.

Performance

EIPX vs. GRID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Energy Income Partners Strategy ETF (EIPX) and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EIPX achieves a 24.74% return, which is significantly higher than GRID's 17.75% return.

EIPX

• 1D: 0.49%
• 1M: 3.77%
• 6M: 14.96%
• YTD: 24.74%
• 1Y: 29.89%
• 3Y*: 19.41%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.15%

GRID

• 1D: 1.53%
• 1M: -2.62%
• 6M: 9.29%
• YTD: 17.75%
• 1Y: 28.13%
• 3Y*: 20.65%
• 5Y*: 14.46%
• 10Y*: 18.38%
• ALL TIME*: 12.51%

*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)
EIPX FT Energy Income Partners Strategy ETF	$1.76M	$1.94M	$1.35M
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund	$98.53M	$102.24M	$137.97M

EIPX vs. GRID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EIPX FT Energy Income Partners Strategy ETF	24.74%	11.44%	19.11%	10.74%	1.77%
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund	17.75%	29.65%	15.18%	21.57%	7.18%

Correlation

The correlation between EIPX and GRID is 0.13, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.13
Correlation (3Y) Balances recent behavior with more history.	0.38
Correlation (All Time) Calculated using the full available price history since Nov 3, 2022	0.44

Over the past year, the correlation between EIPX and GRID has dropped to 0.13 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.

EIPX vs. GRID - Sectors Allocation Comparison

Sectors	EIPX	GRID
Energy	68.3%	1.6%
Utilities	27.0%	3.9%
Industrials	4.5%	23.6%
Technology	0.3%	12.6%
Basic Materials	-	0.8%
Communication Services	-	-
Consumer Cyclical	-	2.4%
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

EIPX vs. GRID — Risk / Return Rank

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

EIPX

EIPX Risk / Return Rank: 93
EIPX Sharpe Ratio Rank: 93
EIPX Sortino Ratio Rank: 93
EIPX Omega Ratio Rank: 91
EIPX Calmar Ratio Rank: 95
EIPX Martin Ratio Rank: 92

GRID

GRID Risk / Return Rank: 49
GRID Sharpe Ratio Rank: 48
GRID Sortino Ratio Rank: 47
GRID Omega Ratio Rank: 47
GRID Calmar Ratio Rank: 49
GRID Martin Ratio Rank: 53

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.

EIPX vs. GRID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Energy Income Partners Strategy ETF (EIPX) and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID). 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	GRID	Difference
Sharpe ratio: Return per unit of total volatility	2.51	1.18	+1.33
Sortino ratio: Return per unit of downside risk	3.59	1.69	+1.91
Omega ratio: Gain probability vs. loss probability	1.43	1.22	+0.21
Calmar ratio: Return relative to maximum drawdown	5.56	1.73	+3.83
Martin ratio: Return relative to average drawdown	15.59	6.17	+9.42

EIPX vs. GRID - Sharpe Ratio Comparison

The current EIPX Sharpe Ratio is 2.51, which is higher than the GRID Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of EIPX and GRID, 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. GRID - Drawdown Comparison

The maximum EIPX drawdown since its inception was -15.43%, smaller than the maximum GRID drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for EIPX and GRID.

Drawdown Indicators

	EIPX	GRID	Difference
Max Drawdown Largest peak-to-trough decline	-15.43%	-40.56%	+25.13%
Max Drawdown (1Y) Largest decline over 1 year	-5.17%	-15.82%	+10.65%
Max Drawdown (3Y) Largest decline over 3 years	-15.43%	-20.62%	+5.19%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.64%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.56%	—
Current Drawdown Current decline from peak	-0.94%	-9.87%	+8.93%
Average Drawdown Average peak-to-trough decline	-2.28%	-8.42%	+6.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	4.42%	-2.57%

Volatility

EIPX vs. GRID - Volatility Comparison

The current volatility for FT Energy Income Partners Strategy ETF (EIPX) is 3.45%, while First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) has a volatility of 8.92%. This indicates that EIPX experiences smaller price fluctuations and is considered to be less risky than GRID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EIPX	GRID	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.45%	8.92%	-5.47%
Volatility (6M) Calculated over the trailing 6-month period	8.73%	20.34%	-11.61%
Volatility (1Y) Calculated over the trailing 1-year period	11.44%	23.07%	-11.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.95%	21.71%	-6.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.95%	22.81%	-7.86%

EIPX vs. GRID - Expense Ratio Comparison

EIPX has a 0.95% expense ratio, which is higher than GRID's 0.70% expense ratio.

Dividends

EIPX vs. GRID - Dividend Comparison

EIPX's dividend yield for the trailing twelve months is around 2.69%, more than GRID's 0.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EIPX FT Energy Income Partners Strategy ETF	2.69%	3.23%	3.27%	3.48%	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund	0.80%	1.01%	1.06%	1.23%	1.26%	0.63%	0.68%	1.26%	1.28%	1.07%	1.07%	1.23%

Frequently Asked Questions

Can I hold both EIPX and GRID in my portfolio?

EIPX and GRID have a correlation of 0.13, 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 GRID?

GRID has higher volatility (8.92%) compared to EIPX (3.45%). In terms of maximum drawdown, EIPX dropped -15.43% vs GRID's -40.56%.

Which ETF is better, EIPX or GRID?

On 3-year performance, GRID leads with 20.65% vs 19.41% for EIPX. On fees, GRID is cheaper at 0.70% per year. On volatility, EIPX has been the lower-risk option at 3.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EIPX or GRID?

Over the 3-year period, GRID has performed better with a 20.65% return vs 19.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EIPX or GRID?

GRID is cheaper with a 0.70% expense ratio, compared with 0.95% for EIPX.

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

EIPX has the higher dividend yield at 2.69%, compared with 0.80% for GRID.

What is the main difference between EIPX and GRID?

EIPX is categorized as Energy Equities, while GRID is Infrastructure Equities. Their fees differ too: 0.95% for EIPX and 0.70% for GRID.

Which has better risk-adjusted returns?

EIPX currently has the higher Sharpe Ratio (2.51 vs 1.18), 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.