MINY vs. EIPI

Last updated Jun 27, 2026

MINY (YieldMax Strategic Metals & Mining Portfolio Option Income ETF) and EIPI (FT Energy Income Partners Enhanced Income ETF) are both exchange-traded funds - MINY is a Rare Earth & Strategic Metals fund actively managed by YieldMax, while EIPI is a Derivative Income fund actively managed by First Trust. Both are actively managed. At a correlation of -0.14, they often move in opposite directions. MINY charges 1.01%/yr vs 1.11%/yr for EIPI.

Performance

MINY vs. EIPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Strategic Metals & Mining Portfolio Option Income ETF (MINY) and FT Energy Income Partners Enhanced Income ETF (EIPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MINY

• 1D: -0.71%
• 1M: -8.85%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EIPI

• 1D: 0.26%
• 1M: -0.33%
• YTD: 14.90%
• 6M: 15.95%
• 1Y: 20.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MINY vs. EIPI - Yearly Performance Comparison

	2026 (YTD)
MINY YieldMax Strategic Metals & Mining Portfolio Option Income ETF	-16.12%
EIPI FT Energy Income Partners Enhanced Income ETF	2.09%

Correlation

The correlation between MINY and EIPI is -0.14, 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	-0.14

Return for Risk

MINY vs. EIPI — Risk / Return Rank

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

MINY

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

EIPI

EIPI Risk / Return Rank: 79
EIPI Sharpe Ratio Rank: 77
EIPI Sortino Ratio Rank: 81
EIPI Omega Ratio Rank: 70
EIPI Calmar Ratio Rank: 87
EIPI Martin Ratio Rank: 80

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.

MINY vs. EIPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Strategic Metals & Mining Portfolio Option Income ETF (MINY) 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.

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.

	MINY	EIPI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.14	—
Sortino ratio: Return per unit of downside risk	—	3.15	—
Omega ratio: Gain probability vs. loss probability	—	1.36	—
Calmar ratio: Return relative to maximum drawdown	—	4.33	—
Martin ratio: Return relative to average drawdown	—	13.40	—

Drawdowns

MINY vs. EIPI - Drawdown Comparison

The maximum MINY drawdown since its inception was -19.23%, which is greater than EIPI's maximum drawdown of -12.33%. Use the drawdown chart below to compare losses from any high point for MINY and EIPI.

Drawdown Indicators

	MINY	EIPI	Difference
Max Drawdown Largest peak-to-trough decline	-19.23%	-12.33%	-6.90%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.77%	—
Current Drawdown Current decline from peak	-16.69%	-2.32%	-14.37%
Average Drawdown Average peak-to-trough decline	-9.28%	-1.71%	-7.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.54%	—

Volatility

Volatility by Period

	MINY	EIPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	36.15%	9.72%	+26.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.15%	13.03%	+23.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.15%	13.03%	+23.12%

MINY vs. EIPI - Expense Ratio Comparison

MINY has a 1.01% expense ratio, which is lower than EIPI's 1.11% expense ratio.

Dividends

MINY vs. EIPI - Dividend Comparison

MINY's dividend yield for the trailing twelve months is around 11.02%, more than EIPI's 6.80% yield.

Position	TTM	2025	2024
EIPI FT Energy Income Partners Enhanced Income ETF	6.80%	9.71%	6.31%
MINY YieldMax Strategic Metals & Mining Portfolio Option Income ETF	11.02%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MINY and EIPI in my portfolio?

MINY and EIPI have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MINY or EIPI?

On fees, MINY is cheaper at 1.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MINY or EIPI?

MINY is cheaper with a 1.01% expense ratio, compared with 1.11% for EIPI.

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

MINY has the higher dividend yield at 11.02%, compared with 6.80% for EIPI.

What is the main difference between MINY and EIPI?

MINY is categorized as Rare Earth & Strategic Metals, while EIPI is Derivative Income. They also come from different issuers: YieldMax and First Trust. Their fees differ too: 1.01% for MINY and 1.11% for EIPI.