VEGN vs. EINC

Last updated Jul 15, 2026

VEGN (US Vegan Climate ETF) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - VEGN is a Large Cap Growth Equities fund tracking the US Vegan Climate Index, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. Both are passively managed. Over the past 5 years, VEGN returned 15.18%/yr vs 22.84%/yr for EINC. At a 0.35 correlation, their price movements are largely independent. VEGN charges 0.60%/yr vs 0.45%/yr for EINC.

Performance

VEGN vs. EINC - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with VEGN having a 29.54% return and EINC slightly lower at 29.47%.

VEGN

• 1D: 0.87%
• 1M: 0.19%
• 6M: 27.57%
• YTD: 29.54%
• 1Y: 41.53%
• 3Y*: 26.19%
• 5Y*: 15.18%
• 10Y*: —

EINC

• 1D: 0.56%
• 1M: 2.44%
• 6M: 29.19%
• YTD: 29.47%
• 1Y: 31.88%
• 3Y*: 28.91%
• 5Y*: 22.84%
• 10Y*: 11.83%

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

VEGN vs. EINC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VEGN US Vegan Climate ETF	29.54%	13.71%	25.42%	38.10%	-26.87%	26.01%	27.72%	9.45%
EINC VanEck Energy Income ETF	29.47%	7.11%	42.79%	15.55%	19.18%	38.05%	-19.89%	0.15%

Correlation

The correlation between VEGN and EINC is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since Sep 10, 2019	0.35

The correlation between VEGN and EINC shifts across timeframes, from -0.15 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.

VEGN vs. EINC - Sectors Allocation Comparison

Sectors	VEGN	EINC
Technology	63.2%	-
Financial Services	13.2%	-
Communication Services	7.8%	-
Industrials	5.0%	0.6%
Healthcare	4.0%	-
Real Estate	3.9%	-
Consumer Cyclical	1.7%	-
Basic Materials	0.5%	-
Energy	0.1%	99.4%
Utilities	0.1%	0.6%
Consumer Defensive	0.1%	-

Return for Risk

VEGN vs. EINC — Risk / Return Rank

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

VEGN

VEGN Risk / Return Rank: 82
VEGN Sharpe Ratio Rank: 85
VEGN Sortino Ratio Rank: 79
VEGN Omega Ratio Rank: 79
VEGN Calmar Ratio Rank: 82
VEGN Martin Ratio Rank: 84

EINC

EINC Risk / Return Rank: 80
EINC Sharpe Ratio Rank: 82
EINC Sortino Ratio Rank: 80
EINC Omega Ratio Rank: 78
EINC Calmar Ratio Rank: 88
EINC Martin Ratio Rank: 69

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.

VEGN vs. EINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for US Vegan Climate ETF (VEGN) 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.

	VEGN	EINC	Difference
Sharpe ratio: Return per unit of total volatility	2.15	2.08	+0.06
Sortino ratio: Return per unit of downside risk	2.79	2.83	-0.04
Omega ratio: Gain probability vs. loss probability	1.37	1.37	0.00
Calmar ratio: Return relative to maximum drawdown	3.52	4.06	-0.54
Martin ratio: Return relative to average drawdown	13.18	9.98	+3.20

VEGN vs. EINC - Sharpe Ratio Comparison

The current VEGN Sharpe Ratio is 2.15, which is comparable to the EINC Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of VEGN 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

VEGN vs. EINC - Drawdown Comparison

The maximum VEGN drawdown since its inception was -34.14%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for VEGN and EINC.

Drawdown Indicators

	VEGN	EINC	Difference
Max Drawdown Largest peak-to-trough decline	-34.14%	-87.55%	+53.41%
Max Drawdown (1Y) Largest decline over 1 year	-11.85%	-7.89%	-3.96%
Max Drawdown (3Y) Largest decline over 3 years	-20.91%	-16.01%	-4.90%
Max Drawdown (5Y) Largest decline over 5 years	-33.40%	-19.87%	-13.53%
Max Drawdown (10Y) Largest decline over 10 years	—	-68.85%	—
Current Drawdown Current decline from peak	-4.48%	-1.85%	-2.63%
Average Drawdown Average peak-to-trough decline	-7.52%	-44.00%	+36.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	3.20%	-0.04%

Volatility

VEGN vs. EINC - Volatility Comparison

US Vegan Climate ETF (VEGN) has a higher volatility of 9.23% compared to VanEck Energy Income ETF (EINC) at 6.02%. This indicates that VEGN'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

	VEGN	EINC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.23%	6.02%	+3.21%
Volatility (6M) Calculated over the trailing 6-month period	17.05%	12.31%	+4.74%
Volatility (1Y) Calculated over the trailing 1-year period	19.41%	15.40%	+4.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.84%	19.57%	+1.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.99%	25.34%	-2.35%

VEGN vs. EINC - Expense Ratio Comparison

VEGN has a 0.60% expense ratio, which is higher than EINC's 0.45% expense ratio.

Dividends

VEGN vs. EINC - Dividend Comparison

VEGN's dividend yield for the trailing twelve months is around 0.50%, less than EINC's 3.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EINC VanEck Energy Income ETF	3.42%	4.51%	3.33%	3.77%	2.89%	6.03%	6.69%	9.66%	11.31%	8.53%	9.71%	28.53%
VEGN US Vegan Climate ETF	0.50%	0.51%	0.51%	0.67%	0.81%	0.41%	0.71%	0.29%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VEGN and EINC in my portfolio?

VEGN and EINC have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VEGN or EINC?

VEGN has higher volatility (9.23%) compared to EINC (6.02%). In terms of maximum drawdown, VEGN dropped -34.14% vs EINC's -87.55%.

Which ETF is better, VEGN or EINC?

On 5-year performance, EINC leads with 22.84% vs 15.18% for VEGN. On fees, EINC is cheaper at 0.45% per year. On volatility, EINC has been the lower-risk option at 6.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VEGN or EINC?

Over the 5-year period, EINC has performed better with a 22.84% return vs 15.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VEGN or EINC?

EINC is cheaper with a 0.45% expense ratio, compared with 0.60% for VEGN.

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

EINC has the higher dividend yield at 3.42%, compared with 0.50% for VEGN.

What is the main difference between VEGN and EINC?

VEGN is categorized as Large Cap Growth Equities, while EINC is Energy Equities. VEGN tracks US Vegan Climate Index, while EINC tracks MVIS North America Energy Infrastructure Index. They also come from different issuers: Beyond Investing and VanEck. Their fees differ too: 0.60% for VEGN and 0.45% for EINC.

Which has better risk-adjusted returns?

VEGN currently has the higher Sharpe Ratio (2.15 vs 2.08), 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.