PBOG vs. EIPX
PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) and EIPX (FT Energy Income Partners Strategy ETF) are both Energy Equities funds. PBOG is passively managed, while EIPX is actively managed. A 0.76 correlation means they provide meaningful diversification when combined. PBOG charges 0.13%/yr vs 0.95%/yr for EIPX.
Performance
PBOG vs. EIPX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with PBOG having a 20.33% return and EIPX slightly higher at 20.93%.
PBOG
- 1D
- 0.25%
- 1M
- -9.73%
- YTD
- 20.33%
- 6M
- 21.36%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EIPX
- 1D
- 1.02%
- 1M
- -3.17%
- YTD
- 20.93%
- 6M
- 20.98%
- 1Y
- 27.12%
- 3Y*
- 21.25%
- 5Y*
- —
- 10Y*
- —
PBOG vs. EIPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 20.33% | 1.39% |
EIPX FT Energy Income Partners Strategy ETF | 20.93% | -0.79% |
Correlation
The correlation between PBOG and EIPX is 0.76, 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 Nov 25, 2025 | 0.76 |
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Return for Risk
PBOG vs. EIPX — Risk / Return Rank
PBOG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EIPX
PBOG vs. EIPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG) 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.
| PBOG | EIPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.41 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.27 | — |
| Martin ratioReturn relative to average drawdown | — | 16.25 | — |
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Drawdowns
PBOG vs. EIPX - Drawdown Comparison
The maximum PBOG drawdown since its inception was -16.46%, which is greater than EIPX's maximum drawdown of -15.43%. Use the drawdown chart below to compare losses from any high point for PBOG and EIPX.
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Drawdown Indicators
| PBOG | EIPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.46% | -15.43% | -1.03% |
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 | -15.19% | -3.41% | -11.78% |
Average DrawdownAverage peak-to-trough decline | -3.86% | -2.29% | -1.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.67% | — |
Volatility
PBOG vs. EIPX - Volatility Comparison
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Volatility by Period
| PBOG | EIPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.61% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.44% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 23.95% | 11.17% | +12.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.95% | 15.02% | +8.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.95% | 15.02% | +8.93% |
PBOG vs. EIPX - Expense Ratio Comparison
PBOG has a 0.13% expense ratio, which is lower than EIPX's 0.95% expense ratio.
Dividends
PBOG vs. EIPX - Dividend Comparison
PBOG's dividend yield for the trailing twelve months is around 0.14%, less than EIPX's 2.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
EIPX FT Energy Income Partners Strategy ETF | 2.70% | 3.23% | 3.27% | 3.48% | 0.34% |
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 0.14% | 0.17% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PBOG and EIPX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PBOG is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PBOG is cheaper with a 0.13% expense ratio, compared with 0.95% for EIPX.
EIPX has the higher dividend yield at 2.70%, compared with 0.14% for PBOG.
They also come from different issuers: Portfolio Building Blocks and First Trust. Their fees differ too: 0.13% for PBOG and 0.95% for EIPX.
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