FPWR vs. GII
FPWR (First Trust EIP Power Solutions ETF) and GII (SPDR S&P Global Infrastructure ETF) are both Utilities Equities funds. FPWR is actively managed, while GII is passively managed. Over the past 5 years, FPWR returned 12.01%/yr vs 10.10%/yr for GII. A 0.79 correlation means they provide meaningful diversification when combined. FPWR charges 0.96%/yr vs 0.40%/yr for GII.
Performance
FPWR vs. GII - Performance Comparison
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Returns By Period
In the year-to-date period, FPWR achieves a 12.96% return, which is significantly higher than GII's 7.69% return.
FPWR
- 1D
- 0.16%
- 1M
- -1.04%
- YTD
- 12.96%
- 6M
- 11.36%
- 1Y
- 21.65%
- 3Y*
- 17.40%
- 5Y*
- 12.01%
- 10Y*
- —
GII
- 1D
- -0.57%
- 1M
- -2.75%
- YTD
- 7.69%
- 6M
- 8.29%
- 1Y
- 15.32%
- 3Y*
- 15.71%
- 5Y*
- 10.10%
- 10Y*
- 8.10%
FPWR vs. GII - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FPWR First Trust EIP Power Solutions ETF | 12.96% | 16.78% | 22.60% | -3.36% | 5.28% | 12.26% | 8.98% | 5.66% |
GII SPDR S&P Global Infrastructure ETF | 7.69% | 21.79% | 14.30% | 5.90% | -0.54% | 11.39% | -6.81% | 8.27% |
Correlation
The correlation between FPWR and GII is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2019 | 0.79 |
The correlation between FPWR and GII has been stable across timeframes, ranging from 0.74 to 0.82 - a consistent structural relationship.
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Return for Risk
FPWR vs. GII — Risk / Return Rank
FPWR
GII
FPWR vs. GII - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust EIP Power Solutions ETF (FPWR) and SPDR S&P Global Infrastructure ETF (GII). 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.
| FPWR | GII | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.65 | ||
| Sortino ratioReturn per unit of downside risk | +1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.26 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 2.59 | +1.74 |
| Martin ratioReturn relative to average drawdown | 11.59 | 7.90 | +3.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FPWR | GII | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 1.43 | +0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | 0.72 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.28 | +0.39 |
Drawdowns
FPWR vs. GII - Drawdown Comparison
The maximum FPWR drawdown since its inception was -32.28%, smaller than the maximum GII drawdown of -50.98%. Use the drawdown chart below to compare losses from any high point for FPWR and GII.
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Drawdown Indicators
| FPWR | GII | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.28% | -50.98% | +18.70% |
Max Drawdown (1Y)Largest decline over 1 year | -5.02% | -5.94% | +0.92% |
Max Drawdown (3Y)Largest decline over 3 years | -14.68% | -14.31% | -0.37% |
Max Drawdown (5Y)Largest decline over 5 years | -19.88% | -20.67% | +0.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.84% | — |
Current DrawdownCurrent decline from peak | -2.96% | -4.59% | +1.63% |
Average DrawdownAverage peak-to-trough decline | -4.99% | -11.51% | +6.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 1.94% | -0.07% |
Volatility
FPWR vs. GII - Volatility Comparison
First Trust EIP Power Solutions ETF (FPWR) and SPDR S&P Global Infrastructure ETF (GII) have volatilities of 3.75% and 3.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FPWR | GII | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.75% | 3.86% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 8.12% | 8.82% | -0.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.45% | 10.76% | -0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.22% | 14.11% | +0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.40% | 17.14% | +0.26% |
FPWR vs. GII - Expense Ratio Comparison
FPWR has a 0.96% expense ratio, which is higher than GII's 0.40% expense ratio.
Dividends
FPWR vs. GII - Dividend Comparison
FPWR's dividend yield for the trailing twelve months is around 1.81%, less than GII's 2.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPWR First Trust EIP Power Solutions ETF | 1.81% | 1.97% | 2.52% | 2.54% | 1.72% | 1.66% | 1.68% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% |
GII SPDR S&P Global Infrastructure ETF | 2.72% | 3.17% | 3.23% | 3.70% | 3.07% | 2.37% | 2.66% | 3.39% | 3.31% | 3.38% | 3.11% | 3.54% |
Frequently Asked Questions
FPWR and GII have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GII has higher volatility (3.86%) compared to FPWR (3.75%). In terms of maximum drawdown, FPWR dropped -32.28% vs GII's -50.98%.
On 5-year performance, FPWR leads with 12.01% vs 10.10% for GII. On fees, GII is cheaper at 0.40% per year. On volatility, FPWR has been the lower-risk option at 3.75%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FPWR has performed better with a 12.01% return vs 10.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GII is cheaper with a 0.40% expense ratio, compared with 0.96% for FPWR.
GII has the higher dividend yield at 2.72%, compared with 1.81% for FPWR.
They also come from different issuers: First Trust and State Street. Their fees differ too: 0.96% for FPWR and 0.40% for GII.
FPWR currently has the higher Sharpe Ratio (2.08 vs 1.43), 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.
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