GXPE vs. EIPX
GXPE (Global X PureCap MSCI Energy ETF) and EIPX (FT Energy Income Partners Strategy ETF) are both Energy Equities funds. GXPE is passively managed, while EIPX is actively managed. A 0.80 correlation means they provide meaningful diversification when combined. GXPE charges 0.15%/yr vs 0.95%/yr for EIPX.
Performance
GXPE vs. EIPX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with GXPE having a 20.25% return and EIPX slightly lower at 19.56%.
GXPE
- 1D
- -1.80%
- 1M
- -9.28%
- YTD
- 20.25%
- 6M
- 21.31%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EIPX
- 1D
- -1.13%
- 1M
- -4.27%
- YTD
- 19.56%
- 6M
- 19.65%
- 1Y
- 25.85%
- 3Y*
- 20.79%
- 5Y*
- —
- 10Y*
- —
GXPE vs. EIPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GXPE Global X PureCap MSCI Energy ETF | 20.25% | 4.62% |
EIPX FT Energy Income Partners Strategy ETF | 19.56% | 4.59% |
Correlation
The correlation between GXPE and EIPX is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.80 |
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Return for Risk
GXPE vs. EIPX — Risk / Return Rank
GXPE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EIPX
GXPE vs. EIPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Energy ETF (GXPE) and FT Energy Income Partners Strategy ETF (EIPX). 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.
| GXPE | EIPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.39 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.02 | — |
| Martin ratioReturn relative to average drawdown | — | 15.27 | — |
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Drawdowns
GXPE vs. EIPX - Drawdown Comparison
The maximum GXPE drawdown since its inception was -14.89%, roughly equal to the maximum EIPX drawdown of -15.43%. Use the drawdown chart below to compare losses from any high point for GXPE and EIPX.
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Drawdown Indicators
| GXPE | EIPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.89% | -15.43% | +0.54% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.17% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.43% | — |
Current DrawdownCurrent decline from peak | -14.64% | -4.50% | -10.14% |
Average DrawdownAverage peak-to-trough decline | -3.66% | -2.29% | -1.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.70% | — |
Volatility
GXPE vs. EIPX - Volatility Comparison
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Volatility by Period
| GXPE | EIPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.69% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.54% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.74% | 11.19% | +9.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.74% | 15.02% | +5.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.74% | 15.02% | +5.72% |
GXPE vs. EIPX - Expense Ratio Comparison
GXPE has a 0.15% expense ratio, which is lower than EIPX's 0.95% expense ratio.
Dividends
GXPE vs. EIPX - Dividend Comparison
GXPE's dividend yield for the trailing twelve months is around 1.00%, less than EIPX's 2.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
EIPX FT Energy Income Partners Strategy ETF | 2.73% | 3.23% | 3.27% | 3.48% | 0.34% |
GXPE Global X PureCap MSCI Energy ETF | 1.00% | 1.20% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GXPE and EIPX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXPE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXPE is cheaper with a 0.15% expense ratio, compared with 0.95% for EIPX.
EIPX has the higher dividend yield at 2.73%, compared with 1.00% for GXPE.
They also come from different issuers: Global X and First Trust. Their fees differ too: 0.15% for GXPE and 0.95% for EIPX.
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