XSEP vs. EINC
XSEP (FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - XSEP is a Options Trading fund actively managed by FT Vest, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. XSEP is actively managed, while EINC is passively managed. Over the past 3 years, XSEP returned 9.48%/yr vs 29.97%/yr for EINC. At a 0.34 correlation, their price movements are largely independent. XSEP charges 0.85%/yr vs 0.45%/yr for EINC.
Performance
XSEP vs. EINC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XSEP achieves a 4.33% return, which is significantly lower than EINC's 24.85% return.
XSEP
- 1D
- 0.05%
- 1M
- 0.32%
- YTD
- 4.33%
- 6M
- 4.10%
- 1Y
- 9.51%
- 3Y*
- 9.48%
- 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%
XSEP vs. EINC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XSEP FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September | 4.33% | 8.94% | 8.41% | 16.07% | 2.93% |
EINC VanEck Energy Income ETF | 24.85% | 7.11% | 42.79% | 15.55% | 0.51% |
Correlation
The correlation between XSEP and EINC is -0.09, 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 | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2022 | 0.34 |
The correlation between XSEP and EINC shifts across timeframes, from -0.09 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XSEP vs. EINC — Risk / Return Rank
XSEP
EINC
XSEP vs. EINC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September (XSEP) 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.
| XSEP | EINC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.32 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | 3.49 | -0.77 |
| Martin ratioReturn relative to average drawdown | 14.49 | 8.81 | +5.69 |
Loading charts...
Drawdowns
XSEP vs. EINC - Drawdown Comparison
The maximum XSEP drawdown since its inception was -9.21%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for XSEP and EINC.
Loading charts...
Drawdown Indicators
| XSEP | EINC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.21% | -87.55% | +78.34% |
Max Drawdown (1Y)Largest decline over 1 year | -3.51% | -7.89% | +4.38% |
Max Drawdown (3Y)Largest decline over 3 years | -9.21% | -16.01% | +6.80% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.87% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.85% | — |
Current DrawdownCurrent decline from peak | -0.26% | -5.35% | +5.09% |
Average DrawdownAverage peak-to-trough decline | -0.54% | -44.14% | +43.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.66% | 3.12% | -2.46% |
Volatility
XSEP vs. EINC - Volatility Comparison
The current volatility for FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September (XSEP) is 0.99%, while VanEck Energy Income ETF (EINC) has a volatility of 6.28%. This indicates that XSEP 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.
Loading charts...
Volatility by Period
| XSEP | EINC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 6.28% | -5.29% |
Volatility (6M)Calculated over the trailing 6-month period | 3.88% | 11.93% | -8.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.82% | 15.11% | -10.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.98% | 19.55% | -12.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.98% | 25.43% | -18.45% |
XSEP vs. EINC - Expense Ratio Comparison
XSEP has a 0.85% expense ratio, which is higher than EINC's 0.45% expense ratio.
Dividends
XSEP vs. EINC - Dividend Comparison
XSEP has not paid dividends to shareholders, while EINC's dividend yield for the trailing twelve months is around 3.55%.
| 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% |
XSEP FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XSEP and EINC have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EINC has higher volatility (6.28%) compared to XSEP (0.99%). In terms of maximum drawdown, XSEP dropped -9.21% vs EINC's -87.55%.
On 3-year performance, EINC leads with 29.97% vs 9.48% for XSEP. On fees, EINC is cheaper at 0.45% per year. On volatility, XSEP has been the lower-risk option at 0.99%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, EINC has performed better with a 29.97% return vs 9.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EINC is cheaper with a 0.45% expense ratio, compared with 0.85% for XSEP.
EINC has the higher dividend yield at 3.55%, compared with 0.00% for XSEP.
XSEP is categorized as Options Trading, while EINC is Energy Equities. They also come from different issuers: FT Vest and VanEck. Their fees differ too: 0.85% for XSEP and 0.45% for EINC.
XSEP currently has the higher Sharpe Ratio (1.98 vs 1.83), 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.
Find the right allocation for XSEP and EINC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer