MTRX vs. EINC

Last updated Aug 1, 2026

MTRX (Matrix Service Company) is a stock, while EINC (VanEck Energy Income ETF) is Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. Over the past 10 years, MTRX returned -3.33%/yr vs 11.84%/yr for EINC. Their 0.39 correlation means their historical movements had little consistent relationship.

Performance

MTRX vs. EINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matrix Service Company (MTRX) and VanEck Energy Income ETF (EINC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MTRX achieves a -0.85% return, which is significantly lower than EINC's 28.58% return. Over the past 10 years, MTRX has underperformed EINC with an annualized return of -3.33%, while EINC has yielded a comparatively higher 11.84% annualized return.

MTRX

• 1D: 1.93%
• 1M: -7.42%
• 6M: -18.99%
• YTD: -0.85%
• 1Y: -18.65%
• 3Y*: 22.05%
• 5Y*: 1.23%
• 10Y*: -3.33%
• ALL TIME*: 0.12%

EINC

• 1D: 0.38%
• 1M: 3.68%
• 6M: 19.53%
• YTD: 28.58%
• 1Y: 30.49%
• 3Y*: 27.39%
• 5Y*: 22.71%
• 10Y*: 11.84%
• ALL TIME*: 1.07%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EINC VanEck Energy Income ETF	$1.20M	$2.80M	$2.21M
MTRX Matrix Service Company	$2.21M	$2.36M	$3.29M

MTRX vs. EINC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MTRX Matrix Service Company	-0.85%	-2.26%	22.39%	57.23%	-17.29%	-31.76%	-51.84%	27.54%	0.79%	-21.59%
EINC VanEck Energy Income ETF	28.58%	7.11%	42.79%	15.55%	19.18%	38.05%	-19.89%	16.98%	-19.85%	-3.45%

Correlation

The correlation between MTRX and EINC is 0.13, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.13
Correlation (3Y) Balances recent behavior with more history.	0.27
Correlation (5Y) Shows whether the relationship held over a longer period.	0.35
Correlation (10Y) Provides a long-term view across more market conditions.	0.39
Correlation (All Time) Calculated using the full available price history since Mar 13, 2012	0.39

Over the past year, the correlation between MTRX and EINC has dropped to 0.13 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.

Return for Risk

MTRX vs. EINC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MTRX

MTRX Risk / Return Rank: 21
MTRX Sharpe Ratio Rank: 22
MTRX Sortino Ratio Rank: 24
MTRX Omega Ratio Rank: 22
MTRX Calmar Ratio Rank: 18
MTRX Martin Ratio Rank: 16

EINC

EINC Risk / Return Rank: 83
EINC Sharpe Ratio Rank: 85
EINC Sortino Ratio Rank: 82
EINC Omega Ratio Rank: 82
EINC Calmar Ratio Rank: 90
EINC Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MTRX vs. EINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Matrix Service Company (MTRX) and VanEck Energy Income ETF (EINC). 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.

	MTRX	EINC	Difference
Sharpe ratio: Return per unit of total volatility	-0.50	1.98	-2.48
Sortino ratio: Return per unit of downside risk	-0.38	2.69	-3.07
Omega ratio: Gain probability vs. loss probability	0.94	1.35	-0.40
Calmar ratio: Return relative to maximum drawdown	-0.68	3.87	-4.55
Martin ratio: Return relative to average drawdown	-1.17	9.46	-10.63

MTRX vs. EINC - Sharpe Ratio Comparison

The current MTRX Sharpe Ratio is -0.50, which is lower than the EINC Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of MTRX and EINC, 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

MTRX vs. EINC - Drawdown Comparison

The maximum MTRX drawdown since its inception was -90.70%, roughly equal to the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for MTRX and EINC.

Drawdown Indicators

	MTRX	EINC	Difference
Max Drawdown Largest peak-to-trough decline	-90.70%	-87.55%	-3.15%
Max Drawdown (1Y) Largest decline over 1 year	-35.71%	-7.89%	-27.82%
Max Drawdown (3Y) Largest decline over 3 years	-36.03%	-16.01%	-20.02%
Max Drawdown (5Y) Largest decline over 5 years	-70.02%	-19.87%	-50.15%
Max Drawdown (10Y) Largest decline over 10 years	-86.56%	-68.85%	-17.71%
Current Drawdown Current decline from peak	-68.83%	-2.52%	-66.31%
Average Drawdown Average peak-to-trough decline	-60.01%	-43.84%	-16.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.66%	3.22%	+17.44%

Volatility

MTRX vs. EINC - Volatility Comparison

Matrix Service Company (MTRX) has a higher volatility of 13.67% compared to VanEck Energy Income ETF (EINC) at 5.57%. This indicates that MTRX's price experiences larger fluctuations and is considered to be riskier than EINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MTRX	EINC	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.67%	5.57%	+8.10%
Volatility (6M) Calculated over the trailing 6-month period	34.87%	12.63%	+22.24%
Volatility (1Y) Calculated over the trailing 1-year period	48.53%	15.42%	+33.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.22%	19.49%	+34.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.38%	25.33%	+30.05%

Dividends

MTRX vs. EINC - Dividend Comparison

MTRX has not paid dividends to shareholders, while EINC's dividend yield for the trailing twelve months is around 3.44%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EINC VanEck Energy Income ETF	2.47%	4.51%	3.33%	3.77%	2.89%	6.03%	6.69%	9.66%	11.31%	8.53%	9.71%	28.53%
MTRX Matrix Service Company	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MTRX and EINC in my portfolio?

MTRX and EINC have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MTRX or EINC?

MTRX has higher volatility (13.67%) compared to EINC (5.57%). In terms of maximum drawdown, MTRX dropped -90.70% vs EINC's -87.55%.

Which has better risk-adjusted returns?

EINC currently has the higher Sharpe Ratio (1.98 vs -0.50), 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.