EIPX vs. XLEI

Last updated Apr 1, 2026

Compare and contrast key facts about FT Energy Income Partners Strategy ETF (EIPX) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI).

EIPX and XLEI 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. XLEI is a passively managed fund by State Street that tracks the performance of the S&P Energy Select Sector. It was launched on Jul 29, 2025.

Performance

EIPX vs. XLEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Energy Income Partners Strategy ETF (EIPX) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). The values are adjusted to include any dividend payments, if applicable.

EIPX vs. XLEI - Yearly Performance Comparison

	2026 (YTD)	2025
EIPX FT Energy Income Partners Strategy ETF	22.41%	2.90%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	20.48%	6.77%

Returns By Period

In the year-to-date period, EIPX achieves a 22.41% return, which is significantly higher than XLEI's 20.48% return.

EIPX

• 1D: -0.56%
• 1M: 3.08%
• YTD: 22.41%
• 6M: 24.64%
• 1Y: 27.37%
• 3Y*: 21.37%
• 5Y*: —
• 10Y*: —

XLEI

• 1D: -0.66%
• 1M: 7.60%
• YTD: 20.48%
• 6M: 24.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EIPX vs. XLEI - Expense Ratio Comparison

EIPX has a 0.95% expense ratio, which is higher than XLEI's 0.35% expense ratio.

EIPX

FT Energy Income Partners Strategy ETF

XLEI

State Street Energy Select Sector SPDR Premium Income ETF

Return for Risk

EIPX vs. XLEI — Risk / Return Rank

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

EIPX

EIPX Risk / Return Rank: 80
EIPX Sharpe Ratio Rank: 84
EIPX Sortino Ratio Rank: 82
EIPX Omega Ratio Rank: 86
EIPX Calmar Ratio Rank: 73
EIPX Martin Ratio Rank: 77

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. XLEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Energy Income Partners Strategy ETF (EIPX) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). 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.

	EIPX	XLEI	Difference
Sharpe ratio Return per unit of total volatility	1.69	—	—
Sortino ratio Return per unit of downside risk	2.13	—	—
Omega ratio Gain probability vs. loss probability	1.35	—	—
Calmar ratio Return relative to maximum drawdown	1.88	—	—
Martin ratio Return relative to average drawdown	8.25	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EIPX	XLEI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.26	4.03	-2.76

Correlation

The correlation between EIPX and XLEI is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EIPX vs. XLEI - Dividend Comparison

EIPX's dividend yield for the trailing twelve months is around 2.67%, less than XLEI's 11.17% yield.

	TTM	2025	2024	2023	2022
EIPX FT Energy Income Partners Strategy ETF	2.67%	3.23%	3.27%	3.48%	0.34%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	11.17%	10.17%	0.00%	0.00%	0.00%

Drawdowns

EIPX vs. XLEI - Drawdown Comparison

The maximum EIPX drawdown since its inception was -15.43%, which is greater than XLEI's maximum drawdown of -5.31%. Use the drawdown chart below to compare losses from any high point for EIPX and XLEI.

Drawdown Indicators

	EIPX	XLEI	Difference
Max Drawdown Largest peak-to-trough decline	-15.43%	-5.31%	-10.12%
Max Drawdown (1Y) Largest decline over 1 year	-14.87%	—	—
Current Drawdown Current decline from peak	-0.95%	-0.92%	-0.03%
Average Drawdown Average peak-to-trough decline	-2.29%	-0.93%	-1.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	—	—

Volatility

Volatility by Period

	EIPX	XLEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.29%	11.43%	+4.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.19%	11.43%	+3.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.19%	11.43%	+3.76%