EIPX vs. PWRZ

Last updated Jul 14, 2026

EIPX (FT Energy Income Partners Strategy ETF) and PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) are both Energy Equities funds. Both are actively managed. With a 1.00 correlation, they move nearly in lockstep. EIPX charges 0.95%/yr vs 0.75%/yr for PWRZ.

Performance

EIPX vs. PWRZ - Performance Comparison

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

Returns By Period

EIPX

• 1D: 1.57%
• 1M: 1.34%
• 6M: 21.86%
• YTD: 23.75%
• 1Y: 28.81%
• 3Y*: 20.54%
• 5Y*: —
• 10Y*: —

PWRZ

• 1D: -0.17%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EIPX vs. PWRZ - Yearly Performance Comparison

	2026 (YTD)
EIPX FT Energy Income Partners Strategy ETF	1.64%
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	-0.40%

Correlation

The correlation between EIPX and PWRZ is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026	1.00

Return for Risk

EIPX vs. PWRZ — Risk / Return Rank

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

EIPX

EIPX Risk / Return Rank: 91
EIPX Sharpe Ratio Rank: 92
EIPX Sortino Ratio Rank: 92
EIPX Omega Ratio Rank: 88
EIPX Calmar Ratio Rank: 94
EIPX Martin Ratio Rank: 89

PWRZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. PWRZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Energy Income Partners Strategy ETF (EIPX) and TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ). 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	PWRZ	Difference
Sharpe ratio: Return per unit of total volatility	2.53	—	—
Sortino ratio: Return per unit of downside risk	3.63	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	5.60	—	—
Martin ratio: Return relative to average drawdown	15.60	—	—

Drawdowns

EIPX vs. PWRZ - Drawdown Comparison

The maximum EIPX drawdown since its inception was -15.43%, which is greater than PWRZ's maximum drawdown of -0.40%. Use the drawdown chart below to compare losses from any high point for EIPX and PWRZ.

Drawdown Indicators

	EIPX	PWRZ	Difference
Max Drawdown Largest peak-to-trough decline	-15.43%	-0.40%	-15.03%
Max Drawdown (1Y) Largest decline over 1 year	-5.17%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.43%	—	—
Current Drawdown Current decline from peak	-1.16%	-0.40%	-0.76%
Average Drawdown Average peak-to-trough decline	-2.30%	-0.31%	-1.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	—	—

Volatility

Volatility by Period

	EIPX	PWRZ	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%	0.62%	+10.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.02%	0.62%	+14.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.02%	0.62%	+14.40%

EIPX vs. PWRZ - Expense Ratio Comparison

EIPX has a 0.95% expense ratio, which is higher than PWRZ's 0.75% expense ratio.

Dividends

EIPX vs. PWRZ - Dividend Comparison

EIPX's dividend yield for the trailing twelve months is around 2.71%, while PWRZ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
EIPX FT Energy Income Partners Strategy ETF	2.71%	3.23%	3.27%	3.48%	0.34%
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EIPX and PWRZ in my portfolio?

With a correlation of 1.00, EIPX and PWRZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EIPX or PWRZ?

On fees, PWRZ is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EIPX or PWRZ?

PWRZ is cheaper with a 0.75% expense ratio, compared with 0.95% for EIPX.

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

EIPX has the higher dividend yield at 2.71%, compared with 0.00% for PWRZ.

What is the main difference between EIPX and PWRZ?

They also come from different issuers: First Trust and TrueShares. Their fees differ too: 0.95% for EIPX and 0.75% for PWRZ.