EIPX vs. GXPE
EIPX (FT Energy Income Partners Strategy ETF) and GXPE (Global X PureCap MSCI Energy ETF) are both Energy Equities funds. EIPX is actively managed, while GXPE is passively managed. Their correlation of 0.80 suggests significant overlap in exposure. EIPX charges 0.95%/yr vs 0.15%/yr for GXPE.
Performance
EIPX vs. GXPE - Performance Comparison
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Returns By Period
In the year-to-date period, EIPX achieves a 23.75% return, which is significantly lower than GXPE's 27.77% return.
EIPX
- 1D
- 1.57%
- 1M
- 1.34%
- 6M
- 21.86%
- YTD
- 23.75%
- 1Y
- 28.81%
- 3Y*
- 20.54%
- 5Y*
- —
- 10Y*
- —
GXPE
- 1D
- 3.14%
- 1M
- -0.23%
- 6M
- 23.43%
- YTD
- 27.77%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EIPX vs. GXPE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EIPX FT Energy Income Partners Strategy ETF | 23.75% | 4.59% |
GXPE Global X PureCap MSCI Energy ETF | 27.77% | 4.62% |
Correlation
The correlation between EIPX and GXPE is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.80 |
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Return for Risk
EIPX vs. GXPE — Risk / Return Rank
EIPX
GXPE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EIPX vs. GXPE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Energy Income Partners Strategy ETF (EIPX) and Global X PureCap MSCI Energy ETF (GXPE). 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 | GXPE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.43 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.60 | — | — |
| Martin ratioReturn relative to average drawdown | 15.60 | — | — |
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Drawdowns
EIPX vs. GXPE - Drawdown Comparison
The maximum EIPX drawdown since its inception was -15.43%, roughly equal to the maximum GXPE drawdown of -15.73%. Use the drawdown chart below to compare losses from any high point for EIPX and GXPE.
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Drawdown Indicators
| EIPX | GXPE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.43% | -15.73% | +0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -5.17% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -15.43% | — | — |
Current DrawdownCurrent decline from peak | -1.16% | -9.30% | +8.14% |
Average DrawdownAverage peak-to-trough decline | -2.30% | -4.15% | +1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.85% | — | — |
Volatility
EIPX vs. GXPE - Volatility Comparison
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Volatility by Period
| EIPX | GXPE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.20% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.77% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.46% | 20.85% | -9.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.02% | 20.85% | -5.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.02% | 20.85% | -5.83% |
EIPX vs. GXPE - Expense Ratio Comparison
EIPX has a 0.95% expense ratio, which is higher than GXPE's 0.15% expense ratio.
Dividends
EIPX vs. GXPE - Dividend Comparison
EIPX's dividend yield for the trailing twelve months is around 2.71%, more than GXPE's 2.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
EIPX FT Energy Income Partners Strategy ETF | 2.71% | 3.23% | 3.27% | 3.48% | 0.34% |
GXPE Global X PureCap MSCI Energy ETF | 2.18% | 1.20% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EIPX and GXPE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXPE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXPE is cheaper with a 0.15% expense ratio, compared with 0.95% for EIPX.
EIPX has the higher dividend yield at 2.71%, compared with 2.18% for GXPE.
They also come from different issuers: First Trust and Global X. Their fees differ too: 0.95% for EIPX and 0.15% for GXPE.
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