USPX vs. EINC

Last updated Jun 25, 2026

USPX (Franklin U.S. Equity Index ETF) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - USPX is a Large Cap Blend Equities fund tracking the Morningstar US Target Market Exposure Index, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. Both are passively managed. Over the past 10 years, USPX returned 12.59%/yr vs 11.93%/yr for EINC. At a 0.40 correlation, their price movements are largely independent. USPX charges 0.03%/yr vs 0.45%/yr for EINC.

Performance

USPX vs. EINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin U.S. Equity Index ETF (USPX) 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, USPX achieves a 7.77% return, which is significantly lower than EINC's 24.85% return. Over the past 10 years, USPX has outperformed EINC with an annualized return of 12.59%, while EINC has yielded a comparatively lower 11.93% annualized return.

USPX

• 1D: -0.16%
• 1M: -1.38%
• YTD: 7.77%
• 6M: 6.37%
• 1Y: 21.57%
• 3Y*: 20.66%
• 5Y*: 11.78%
• 10Y*: 12.59%

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)

USPX vs. EINC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
USPX Franklin U.S. Equity Index ETF	7.77%	17.78%	24.97%	27.07%	-18.88%	19.53%	9.72%	26.60%	-7.78%	23.80%
EINC VanEck Energy Income ETF	24.85%	7.11%	42.79%	15.55%	19.18%	38.05%	-19.89%	16.98%	-19.85%	-3.45%

Correlation

The correlation between USPX 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 (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (10Y) Calculated over the trailing 10-year period	0.40
Correlation (All Time) Calculated using the full available price history since Jun 3, 2016	0.40

The correlation between USPX and EINC shifts across timeframes, from -0.06 (1 year) to 0.42 (5 years), reflecting how their relationship changes across market environments.

USPX vs. EINC - Sectors Allocation Comparison

Sectors	USPX	EINC
Technology	37.7%	-
Financial Services	11.6%	-
Communication Services	10.3%	-
Consumer Cyclical	9.5%	-
Healthcare	8.8%	-
Industrials	8.0%	2.5%
Consumer Defensive	4.6%	-
Energy	3.3%	99.4%
Utilities	2.5%	0.6%
Real Estate	1.8%	-
Basic Materials	1.7%	-

Return for Risk

USPX vs. EINC — Risk / Return Rank

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

USPX

USPX Risk / Return Rank: 57
USPX Sharpe Ratio Rank: 57
USPX Sortino Ratio Rank: 55
USPX Omega Ratio Rank: 56
USPX Calmar Ratio Rank: 54
USPX Martin Ratio Rank: 64

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.

USPX vs. EINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Equity Index ETF (USPX) 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.

	USPX	EINC	Difference
Sharpe ratio: Return per unit of total volatility	1.71	1.83	-0.12
Sortino ratio: Return per unit of downside risk	2.35	2.48	-0.13
Omega ratio: Gain probability vs. loss probability	1.31	1.32	-0.01
Calmar ratio: Return relative to maximum drawdown	2.37	3.49	-1.13
Martin ratio: Return relative to average drawdown	10.34	8.81	+1.54

USPX vs. EINC - Sharpe Ratio Comparison

The current USPX 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 USPX 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

USPX vs. EINC - Drawdown Comparison

The maximum USPX drawdown since its inception was -31.21%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for USPX and EINC.

Drawdown Indicators

	USPX	EINC	Difference
Max Drawdown Largest peak-to-trough decline	-31.21%	-87.55%	+56.34%
Max Drawdown (1Y) Largest decline over 1 year	-9.15%	-7.89%	-1.26%
Max Drawdown (3Y) Largest decline over 3 years	-19.21%	-16.01%	-3.20%
Max Drawdown (5Y) Largest decline over 5 years	-24.60%	-19.87%	-4.73%
Max Drawdown (10Y) Largest decline over 10 years	-31.21%	-68.85%	+37.64%
Current Drawdown Current decline from peak	-3.33%	-5.35%	+2.02%
Average Drawdown Average peak-to-trough decline	-4.43%	-44.14%	+39.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	3.12%	-1.03%

Volatility

USPX vs. EINC - Volatility Comparison

The current volatility for Franklin U.S. Equity Index ETF (USPX) is 4.86%, while VanEck Energy Income ETF (EINC) has a volatility of 6.28%. This indicates that USPX 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

	USPX	EINC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.86%	6.28%	-1.42%
Volatility (6M) Calculated over the trailing 6-month period	10.05%	11.93%	-1.88%
Volatility (1Y) Calculated over the trailing 1-year period	12.71%	15.11%	-2.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.28%	19.55%	-3.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.96%	25.43%	-9.47%

USPX vs. EINC - Expense Ratio Comparison

USPX has a 0.03% expense ratio, which is lower than EINC's 0.45% expense ratio.

Dividends

USPX vs. EINC - Dividend Comparison

USPX's dividend yield for the trailing twelve months is around 0.83%, less 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%
USPX Franklin U.S. Equity Index ETF	0.83%	1.07%	1.23%	1.35%	2.21%	2.40%	2.51%	3.07%	2.91%	2.60%	4.89%	0.00%

Frequently Asked Questions

Can I hold both USPX and EINC in my portfolio?

USPX 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, USPX or EINC?

EINC has higher volatility (6.28%) compared to USPX (4.86%). In terms of maximum drawdown, USPX dropped -31.21% vs EINC's -87.55%.

Which ETF is better, USPX or EINC?

On 10-year performance, USPX leads with 12.59% vs 11.93% for EINC. On fees, USPX is cheaper at 0.03% per year. On volatility, USPX has been the lower-risk option at 4.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, USPX or EINC?

Over the 10-year period, USPX has performed better with a 12.59% return vs 11.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, USPX or EINC?

USPX is cheaper with a 0.03% expense ratio, compared with 0.45% for EINC.

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

EINC has the higher dividend yield at 3.55%, compared with 0.83% for USPX.

What is the main difference between USPX and EINC?

USPX is categorized as Large Cap Blend Equities, while EINC is Energy Equities. USPX tracks Morningstar US Target Market Exposure Index, while EINC tracks MVIS North America Energy Infrastructure Index. They also come from different issuers: Franklin Templeton and VanEck. Their fees differ too: 0.03% for USPX 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.