SNTH vs. EINC

Last updated Jun 25, 2026

SNTH (MRP SynthEquity ETF) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - SNTH is a Equity Hedged fund actively managed by MRP, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. SNTH is actively managed, while EINC is passively managed. Over the past year, SNTH returned 22.15% vs 27.43% for EINC. At a 0.09 correlation, their price movements are largely independent. SNTH charges 0.95%/yr vs 0.45%/yr for EINC.

Performance

SNTH vs. EINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MRP SynthEquity ETF (SNTH) 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, SNTH achieves a 6.58% return, which is significantly lower than EINC's 24.85% return.

SNTH

• 1D: -0.50%
• 1M: -2.18%
• YTD: 6.58%
• 6M: 4.88%
• 1Y: 22.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EINC

• 1D: -0.89%
• 1M: -5.35%
• YTD: 24.85%
• 6M: 24.98%
• 1Y: 27.43%
• 3Y*: 29.97%
• 5Y*: 20.83%
• 10Y*: 11.93%

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

SNTH vs. EINC - Yearly Performance Comparison

	2026 (YTD)	2025
SNTH MRP SynthEquity ETF	6.58%	24.27%
EINC VanEck Energy Income ETF	24.85%	6.97%

Correlation

The correlation between SNTH and EINC is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (All Time) Calculated using the full available price history since Mar 11, 2025	0.09

The correlation between SNTH and EINC shifts across timeframes, from -0.06 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SNTH vs. EINC — Risk / Return Rank

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

SNTH

SNTH Risk / Return Rank: 56
SNTH Sharpe Ratio Rank: 59
SNTH Sortino Ratio Rank: 56
SNTH Omega Ratio Rank: 53
SNTH Calmar Ratio Rank: 57
SNTH Martin Ratio Rank: 55

EINC

EINC Risk / Return Rank: 62
EINC Sharpe Ratio Rank: 61
EINC Sortino Ratio Rank: 59
EINC Omega Ratio Rank: 58
EINC Calmar Ratio Rank: 76
EINC Martin Ratio Rank: 56

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.

SNTH vs. EINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MRP SynthEquity ETF (SNTH) 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.

	SNTH	EINC	Difference
Sharpe ratio: Return per unit of total volatility	1.71	1.83	-0.12
Sortino ratio: Return per unit of downside risk	2.33	2.48	-0.16
Omega ratio: Gain probability vs. loss probability	1.29	1.32	-0.03
Calmar ratio: Return relative to maximum drawdown	2.47	3.49	-1.02
Martin ratio: Return relative to average drawdown	8.35	8.81	-0.46

SNTH vs. EINC - Sharpe Ratio Comparison

The current SNTH Sharpe Ratio is 1.71, which is comparable to the EINC Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of SNTH 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

SNTH vs. EINC - Drawdown Comparison

The maximum SNTH drawdown since its inception was -9.79%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for SNTH and EINC.

Drawdown Indicators

	SNTH	EINC	Difference
Max Drawdown Largest peak-to-trough decline	-9.79%	-87.55%	+77.76%
Max Drawdown (1Y) Largest decline over 1 year	-8.99%	-7.89%	-1.10%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.87%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-68.85%	—
Current Drawdown Current decline from peak	-4.03%	-5.35%	+1.32%
Average Drawdown Average peak-to-trough decline	-1.97%	-44.14%	+42.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	3.12%	-0.46%

Volatility

SNTH vs. EINC - Volatility Comparison

The current volatility for MRP SynthEquity ETF (SNTH) is 5.23%, while VanEck Energy Income ETF (EINC) has a volatility of 6.28%. This indicates that SNTH experiences smaller price fluctuations and is considered to be less risky than EINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNTH	EINC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.23%	6.28%	-1.05%
Volatility (6M) Calculated over the trailing 6-month period	9.40%	11.93%	-2.53%
Volatility (1Y) Calculated over the trailing 1-year period	13.09%	15.11%	-2.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.81%	19.55%	-3.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.81%	25.43%	-9.62%

SNTH vs. EINC - Expense Ratio Comparison

SNTH has a 0.95% expense ratio, which is higher than EINC's 0.45% expense ratio.

Dividends

SNTH vs. EINC - Dividend Comparison

SNTH's dividend yield for the trailing twelve months is around 11.29%, more than EINC's 3.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EINC VanEck Energy Income ETF	3.55%	4.51%	3.33%	3.77%	2.89%	6.03%	6.69%	9.66%	11.31%	8.53%	9.71%	28.53%
SNTH MRP SynthEquity ETF	11.29%	11.55%	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 SNTH and EINC in my portfolio?

SNTH and EINC have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNTH or EINC?

EINC has higher volatility (6.28%) compared to SNTH (5.23%). In terms of maximum drawdown, SNTH dropped -9.79% vs EINC's -87.55%.

Which ETF is better, SNTH or EINC?

On 1-year performance, EINC leads with 27.43% vs 22.15% for SNTH. On fees, EINC is cheaper at 0.45% per year. On volatility, SNTH has been the lower-risk option at 5.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNTH or EINC?

Over the 1-year period, EINC has performed better with a 27.43% return vs 22.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNTH or EINC?

EINC is cheaper with a 0.45% expense ratio, compared with 0.95% for SNTH.

Which ETF pays a higher dividend yield, SNTH or EINC?

SNTH has the higher dividend yield at 11.29%, compared with 3.55% for EINC.

What is the main difference between SNTH and EINC?

SNTH is categorized as Equity Hedged, while EINC is Energy Equities. They also come from different issuers: MRP and VanEck. Their fees differ too: 0.95% for SNTH and 0.45% for EINC.

Which has better risk-adjusted returns?

EINC currently has the higher Sharpe Ratio (1.83 vs 1.71), 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.