Correlation
The correlation between EIPX and IXC is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
EIPX vs. IXC
Compare and contrast key facts about FT Energy Income Partners Strategy ETF (EIPX) and iShares Global Energy ETF (IXC).
EIPX and IXC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EIPX is an actively managed fund by First Trust. It was launched on Nov 1, 2022. IXC is a passively managed fund by iShares that tracks the performance of the S&P Global Energy Sector Index. It was launched on Nov 16, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EIPX or IXC.
Performance
EIPX vs. IXC - Performance Comparison
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Key characteristics
EIPX:
0.54
IXC:
-0.31
EIPX:
0.75
IXC:
-0.35
EIPX:
1.11
IXC:
0.95
EIPX:
0.59
IXC:
-0.43
EIPX:
2.06
IXC:
-1.26
EIPX:
4.42%
IXC:
6.45%
EIPX:
18.31%
IXC:
22.06%
EIPX:
-15.43%
IXC:
-67.88%
EIPX:
-5.99%
IXC:
-11.50%
Returns By Period
In the year-to-date period, EIPX achieves a 2.33% return, which is significantly higher than IXC's -0.65% return.
EIPX
2.33%
3.19%
-4.72%
9.81%
N/A
N/A
N/A
IXC
-0.65%
2.21%
-8.20%
-6.86%
2.08%
18.45%
4.43%
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EIPX vs. IXC - Expense Ratio Comparison
EIPX has a 0.95% expense ratio, which is higher than IXC's 0.46% expense ratio.
Risk-Adjusted Performance
EIPX vs. IXC — Risk-Adjusted Performance Rank
EIPX
IXC
EIPX vs. IXC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Energy Income Partners Strategy ETF (EIPX) and iShares Global Energy ETF (IXC). 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.
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Dividends
EIPX vs. IXC - Dividend Comparison
EIPX's dividend yield for the trailing twelve months is around 3.37%, less than IXC's 4.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIPX FT Energy Income Partners Strategy ETF | 3.37% | 3.27% | 3.48% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IXC iShares Global Energy ETF | 4.60% | 4.57% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% | 3.02% |
Drawdowns
EIPX vs. IXC - Drawdown Comparison
The maximum EIPX drawdown since its inception was -15.43%, smaller than the maximum IXC drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for EIPX and IXC.
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Volatility
EIPX vs. IXC - Volatility Comparison
The current volatility for FT Energy Income Partners Strategy ETF (EIPX) is 3.38%, while iShares Global Energy ETF (IXC) has a volatility of 4.33%. This indicates that EIPX experiences smaller price fluctuations and is considered to be less risky than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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