SOLR vs. EIPX

Last updated Jun 25, 2026

SOLR (SmartETFs Sustainable Energy II ETF) and EIPX (FT Energy Income Partners Strategy ETF) are both Energy Equities funds. Both are actively managed. Over the past 3 years, SOLR returned 5.60%/yr vs 20.79%/yr for EIPX. At a 0.45 correlation, their price movements are largely independent. SOLR charges 0.79%/yr vs 0.95%/yr for EIPX.

Performance

SOLR vs. EIPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SmartETFs Sustainable Energy II ETF (SOLR) and FT Energy Income Partners Strategy ETF (EIPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOLR achieves a 13.21% return, which is significantly lower than EIPX's 19.56% return.

SOLR

• 1D: 0.06%
• 1M: -0.40%
• YTD: 13.21%
• 6M: 11.51%
• 1Y: 29.80%
• 3Y*: 5.60%
• 5Y*: 2.81%
• 10Y*: —

EIPX

• 1D: -1.13%
• 1M: -4.27%
• YTD: 19.56%
• 6M: 19.65%
• 1Y: 25.85%
• 3Y*: 20.79%
• 5Y*: —
• 10Y*: —

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

SOLR vs. EIPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SOLR SmartETFs Sustainable Energy II ETF	13.21%	26.72%	-12.41%	-0.78%	6.94%
EIPX FT Energy Income Partners Strategy ETF	19.56%	11.44%	19.11%	10.74%	1.77%

Correlation

The correlation between SOLR and EIPX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (All Time) Calculated using the full available price history since Nov 3, 2022	0.45

Over the past year, the correlation between SOLR and EIPX has dropped to 0.16 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.

SOLR vs. EIPX - Sectors Allocation Comparison

Sectors	SOLR	EIPX
Industrials	46.4%	4.8%
Technology	18.5%	0.3%
Utilities	15.0%	26.4%
Energy	6.8%	68.4%
Basic Materials	5.4%	-
Financial Services	5.3%	-
Consumer Cyclical	2.6%	-
Communication Services	-	-
Consumer Defensive	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

SOLR vs. EIPX — Risk / Return Rank

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

SOLR

SOLR Risk / Return Rank: 46
SOLR Sharpe Ratio Rank: 47
SOLR Sortino Ratio Rank: 45
SOLR Omega Ratio Rank: 44
SOLR Calmar Ratio Rank: 47
SOLR Martin Ratio Rank: 48

EIPX

EIPX Risk / Return Rank: 83
EIPX Sharpe Ratio Rank: 82
EIPX Sortino Ratio Rank: 84
EIPX Omega Ratio Rank: 75
EIPX Calmar Ratio Rank: 90
EIPX Martin Ratio Rank: 84

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.

SOLR vs. EIPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SmartETFs Sustainable Energy II ETF (SOLR) 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.

	SOLR	EIPX	Difference
Sharpe ratio: Return per unit of total volatility	1.44	2.32	-0.88
Sortino ratio: Return per unit of downside risk	2.01	3.30	-1.29
Omega ratio: Gain probability vs. loss probability	1.25	1.39	-0.14
Calmar ratio: Return relative to maximum drawdown	2.05	5.02	-2.98
Martin ratio: Return relative to average drawdown	7.03	15.27	-8.24

SOLR vs. EIPX - Sharpe Ratio Comparison

The current SOLR Sharpe Ratio is 1.44, which is lower than the EIPX Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of SOLR and EIPX, 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

SOLR vs. EIPX - Drawdown Comparison

The maximum SOLR drawdown since its inception was -39.46%, which is greater than EIPX's maximum drawdown of -15.43%. Use the drawdown chart below to compare losses from any high point for SOLR and EIPX.

Drawdown Indicators

	SOLR	EIPX	Difference
Max Drawdown Largest peak-to-trough decline	-39.46%	-15.43%	-24.03%
Max Drawdown (1Y) Largest decline over 1 year	-14.63%	-5.17%	-9.46%
Max Drawdown (3Y) Largest decline over 3 years	-34.66%	-15.43%	-19.23%
Max Drawdown (5Y) Largest decline over 5 years	-39.46%	—	—
Current Drawdown Current decline from peak	-5.45%	-4.50%	-0.95%
Average Drawdown Average peak-to-trough decline	-15.47%	-2.29%	-13.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.25%	1.70%	+2.55%

Volatility

SOLR vs. EIPX - Volatility Comparison

SmartETFs Sustainable Energy II ETF (SOLR) has a higher volatility of 9.55% compared to FT Energy Income Partners Strategy ETF (EIPX) at 3.69%. This indicates that SOLR's price experiences larger fluctuations and is considered to be riskier than EIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOLR	EIPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.55%	3.69%	+5.86%
Volatility (6M) Calculated over the trailing 6-month period	17.11%	8.54%	+8.57%
Volatility (1Y) Calculated over the trailing 1-year period	20.84%	11.19%	+9.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.42%	15.02%	+7.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.88%	15.02%	+7.86%

SOLR vs. EIPX - Expense Ratio Comparison

SOLR has a 0.79% expense ratio, which is lower than EIPX's 0.95% expense ratio.

Dividends

SOLR vs. EIPX - Dividend Comparison

SOLR's dividend yield for the trailing twelve months is around 0.59%, less than EIPX's 2.73% yield.

Position	TTM	2025	2024	2023	2022	2021
EIPX FT Energy Income Partners Strategy ETF	2.73%	3.23%	3.27%	3.48%	0.34%	0.00%
SOLR SmartETFs Sustainable Energy II ETF	0.59%	0.67%	0.93%	0.42%	1.29%	2.62%

Frequently Asked Questions

Can I hold both SOLR and EIPX in my portfolio?

SOLR and EIPX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOLR or EIPX?

SOLR has higher volatility (9.55%) compared to EIPX (3.69%). In terms of maximum drawdown, SOLR dropped -39.46% vs EIPX's -15.43%.

Which ETF is better, SOLR or EIPX?

On 3-year performance, EIPX leads with 20.79% vs 5.60% for SOLR. On fees, SOLR is cheaper at 0.79% per year. On volatility, EIPX has been the lower-risk option at 3.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOLR or EIPX?

Over the 3-year period, EIPX has performed better with a 20.79% return vs 5.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOLR or EIPX?

SOLR is cheaper with a 0.79% expense ratio, compared with 0.95% for EIPX.

Which ETF pays a higher dividend yield, SOLR or EIPX?

EIPX has the higher dividend yield at 2.73%, compared with 0.59% for SOLR.

What is the main difference between SOLR and EIPX?

They also come from different issuers: SmartETFs and First Trust. Their fees differ too: 0.79% for SOLR and 0.95% for EIPX.

Which has better risk-adjusted returns?

EIPX currently has the higher Sharpe Ratio (2.32 vs 1.44), 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.