GIF vs. EIPI

Last updated Jun 6, 2026

GIF (REX Growth & Income Universe ETF) and EIPI (FT Energy Income Partners Enhanced Income ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.15, they often move in opposite directions. GIF charges 0.99%/yr vs 1.11%/yr for EIPI.

Performance

GIF vs. EIPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX Growth & Income Universe ETF (GIF) and FT Energy Income Partners Enhanced Income ETF (EIPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GIF

• 1D: -5.24%
• 1M: -9.43%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EIPI

• 1D: -0.58%
• 1M: -0.30%
• YTD: 14.86%
• 6M: 13.75%
• 1Y: 22.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GIF vs. EIPI - Yearly Performance Comparison

	2026 (YTD)
GIF REX Growth & Income Universe ETF	-0.71%
EIPI FT Energy Income Partners Enhanced Income ETF	2.06%

Correlation

The correlation between GIF and EIPI is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 27, 2026	-0.15

Return for Risk

GIF vs. EIPI — Risk / Return Rank

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

EIPI

EIPI Risk / Return Rank: 82
EIPI Sharpe Ratio Rank: 78
EIPI Sortino Ratio Rank: 82
EIPI Omega Ratio Rank: 73
EIPI Calmar Ratio Rank: 91
EIPI Martin Ratio Rank: 86

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.

GIF vs. EIPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX Growth & Income Universe ETF (GIF) and FT Energy Income Partners Enhanced Income ETF (EIPI). 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.

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

Sharpe Ratios by Period

	GIF	EIPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	1.52	-1.59

Drawdowns

GIF vs. EIPI - Drawdown Comparison

The maximum GIF drawdown since its inception was -12.61%, roughly equal to the maximum EIPI drawdown of -12.33%. Use the drawdown chart below to compare losses from any high point for GIF and EIPI.

Drawdown Indicators

	GIF	EIPI	Difference
Max Drawdown Largest peak-to-trough decline	-12.61%	-12.33%	-0.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.00%	—
Current Drawdown Current decline from peak	-11.67%	-2.35%	-9.32%
Average Drawdown Average peak-to-trough decline	-3.73%	-1.67%	-2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.33%	—

Volatility

Volatility by Period

	GIF	EIPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.49%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	36.85%	9.52%	+27.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.85%	13.07%	+23.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.85%	13.07%	+23.78%

GIF vs. EIPI - Expense Ratio Comparison

GIF has a 0.99% expense ratio, which is lower than EIPI's 1.11% expense ratio.

Dividends

GIF vs. EIPI - Dividend Comparison

GIF's dividend yield for the trailing twelve months is around 9.40%, more than EIPI's 6.76% yield.

Position	TTM	2025	2024
EIPI FT Energy Income Partners Enhanced Income ETF	6.76%	9.71%	6.31%
GIF REX Growth & Income Universe ETF	9.40%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GIF and EIPI in my portfolio?

GIF and EIPI have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GIF or EIPI?

On fees, GIF is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GIF or EIPI?

GIF is cheaper with a 0.99% expense ratio, compared with 1.11% for EIPI.

Which ETF pays a higher dividend yield, GIF or EIPI?

GIF has the higher dividend yield at 9.40%, compared with 6.76% for EIPI.

What is the main difference between GIF and EIPI?

They also come from different issuers: REX and First Trust. Their fees differ too: 0.99% for GIF and 1.11% for EIPI.