ELFY vs. FPWR

Last updated Jun 21, 2026

ELFY (ALPS Electrification Infrastructure ETF) and FPWR (First Trust EIP Power Solutions ETF) are both Utilities Equities funds. ELFY is passively managed, while FPWR is actively managed. Over the past year, ELFY returned 46.75% vs 19.94% for FPWR. A 0.60 correlation means they provide meaningful diversification when combined. ELFY charges 0.50%/yr vs 0.96%/yr for FPWR.

Performance

ELFY vs. FPWR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Electrification Infrastructure ETF (ELFY) and First Trust EIP Power Solutions ETF (FPWR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ELFY achieves a 27.91% return, which is significantly higher than FPWR's 12.00% return.

ELFY

• 1D: 1.95%
• 1M: 2.74%
• YTD: 27.91%
• 6M: 28.01%
• 1Y: 46.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FPWR

• 1D: 0.15%
• 1M: -1.91%
• YTD: 12.00%
• 6M: 13.04%
• 1Y: 19.94%
• 3Y*: 16.37%
• 5Y*: 12.00%
• 10Y*: —

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

ELFY vs. FPWR - Yearly Performance Comparison

	2026 (YTD)	2025
ELFY ALPS Electrification Infrastructure ETF	27.91%	34.72%
FPWR First Trust EIP Power Solutions ETF	12.00%	14.31%

Correlation

The correlation between ELFY and FPWR is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (All Time) Calculated using the full available price history since Apr 10, 2025	0.60

The correlation between ELFY and FPWR has been stable across timeframes, ranging from 0.59 to 0.60 - a consistent structural relationship.

ELFY vs. FPWR - Sectors Allocation Comparison

Sectors	ELFY	FPWR
Utilities	36.8%	51.7%
Industrials	27.5%	6.7%
Energy	15.8%	30.0%
Technology	13.3%	-
Basic Materials	5.3%	-
Consumer Cyclical	0.9%	-
Financial Services	0.4%	1.7%
Communication Services	-	-
Consumer Defensive	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

ELFY vs. FPWR — Risk / Return Rank

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

ELFY

ELFY Risk / Return Rank: 75
ELFY Sharpe Ratio Rank: 73
ELFY Sortino Ratio Rank: 67
ELFY Omega Ratio Rank: 65
ELFY Calmar Ratio Rank: 90
ELFY Martin Ratio Rank: 82

FPWR

FPWR Risk / Return Rank: 63
FPWR Sharpe Ratio Rank: 60
FPWR Sortino Ratio Rank: 62
FPWR Omega Ratio Rank: 56
FPWR Calmar Ratio Rank: 81
FPWR Martin Ratio Rank: 59

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.

ELFY vs. FPWR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Electrification Infrastructure ETF (ELFY) and First Trust EIP Power Solutions ETF (FPWR). 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.

	ELFY	FPWR	Difference
Sharpe ratio: Return per unit of total volatility	2.20	1.93	+0.27
Sortino ratio: Return per unit of downside risk	2.90	2.80	+0.10
Omega ratio: Gain probability vs. loss probability	1.37	1.34	+0.03
Calmar ratio: Return relative to maximum drawdown	5.19	4.05	+1.15
Martin ratio: Return relative to average drawdown	15.69	10.23	+5.45

ELFY vs. FPWR - Sharpe Ratio Comparison

The current ELFY Sharpe Ratio is 2.20, which is comparable to the FPWR Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of ELFY and FPWR, 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

ELFY vs. FPWR - Drawdown Comparison

The maximum ELFY drawdown since its inception was -8.37%, smaller than the maximum FPWR drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for ELFY and FPWR.

Drawdown Indicators

	ELFY	FPWR	Difference
Max Drawdown Largest peak-to-trough decline	-8.37%	-32.28%	+23.91%
Max Drawdown (1Y) Largest decline over 1 year	-8.37%	-5.02%	-3.35%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.68%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.88%	—
Current Drawdown Current decline from peak	-1.57%	-3.78%	+2.21%
Average Drawdown Average peak-to-trough decline	-1.67%	-4.98%	+3.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	1.98%	+0.79%

Volatility

ELFY vs. FPWR - Volatility Comparison

ALPS Electrification Infrastructure ETF (ELFY) has a higher volatility of 8.13% compared to First Trust EIP Power Solutions ETF (FPWR) at 3.36%. This indicates that ELFY's price experiences larger fluctuations and is considered to be riskier than FPWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ELFY	FPWR	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.13%	3.36%	+4.77%
Volatility (6M) Calculated over the trailing 6-month period	15.84%	8.12%	+7.72%
Volatility (1Y) Calculated over the trailing 1-year period	19.88%	10.50%	+9.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.56%	14.20%	+5.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.56%	17.36%	+2.20%

ELFY vs. FPWR - Expense Ratio Comparison

ELFY has a 0.50% expense ratio, which is lower than FPWR's 0.96% expense ratio.

Dividends

ELFY vs. FPWR - Dividend Comparison

ELFY's dividend yield for the trailing twelve months is around 1.07%, less than FPWR's 1.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ELFY ALPS Electrification Infrastructure ETF	0.96%	0.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FPWR First Trust EIP Power Solutions ETF	1.83%	1.97%	2.52%	2.54%	1.72%	1.66%	1.68%	0.71%

Frequently Asked Questions

Can I hold both ELFY and FPWR in my portfolio?

ELFY and FPWR have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ELFY or FPWR?

ELFY has higher volatility (8.13%) compared to FPWR (3.36%). In terms of maximum drawdown, ELFY dropped -8.37% vs FPWR's -32.28%.

Which ETF is better, ELFY or FPWR?

On 1-year performance, ELFY leads with 46.75% vs 19.94% for FPWR. On fees, ELFY is cheaper at 0.50% per year. On volatility, FPWR has been the lower-risk option at 3.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ELFY or FPWR?

Over the 1-year period, ELFY has performed better with a 46.75% return vs 19.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ELFY or FPWR?

ELFY is cheaper with a 0.50% expense ratio, compared with 0.96% for FPWR.

Which ETF pays a higher dividend yield, ELFY or FPWR?

FPWR has the higher dividend yield at 1.83%, compared with 0.96% for ELFY.

What is the main difference between ELFY and FPWR?

They also come from different issuers: ALPS and First Trust. Their fees differ too: 0.50% for ELFY and 0.96% for FPWR.

Which has better risk-adjusted returns?

ELFY currently has the higher Sharpe Ratio (2.20 vs 1.93), 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.