EIPI vs IVV
FT Energy Income Partners Enhanced Income ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. EIPI delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | EIPI | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.11% | 0.03% | |
| AUM | $1.1B | $865.2B | |
| Dividend Yield | 7.44% | 1.09% | |
| Holdings | 127 | 508 | |
| YTD Return | +17.13% | +14.50% | |
| 1Y Return | +22.40% | +22.02% | |
| 3Y Return (annualized) | - | +21.80% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 10.9% | 15.1% | |
| Max Drawdown | -12.3% | -56.5% | |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 27, 2011 | May 15, 2000 |
EIPI vs IVV Performance
FT Energy Income Partners Enhanced Income ETF (EIPI) is a ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EIPI returned +22.40% while IVV returned +22.02%. Year to date, EIPI is up 17.13% versus a gain of 14.50% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 10.9% for EIPI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -12.3% for EIPI and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.14. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EIPI charges 1.11% per year while IVV charges 0.03%. On a $10,000 position that is $111 vs $3 annually, a gap of $108 per year that compounds over a long holding period. On income, EIPI currently yields 7.44% against 1.09% for IVV.
Holdings Overlap
EIPI and IVV share 35 holdings out of 544 unique holdings combined, representing a 3.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EIPI or IVV?
EIPI has an expense ratio of 1.11% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $108 per year of difference.
Which performed better, EIPI or IVV?
Over the past year EIPI returned +22.40% vs +22.02% for IVV, so EIPI leads on 1-year performance. Over the longest common window we track (2 years), EIPI annualized +18.45% vs +7.07% for IVV. Past performance does not guarantee future results.
Which is riskier, EIPI or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 10.9% for EIPI. Worst drawdown: EIPI -12.3% vs IVV -56.5%.
Should I hold both EIPI and IVV?
EIPI and IVV have a monthly-return correlation of 0.14, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EIPI and IVV?
EIPI and IVV share 35 common holdings with a 3.7% weight overlap. Combined, they hold 544 unique securities.
Which pays a higher dividend, EIPI or IVV?
EIPI yields 7.44% while IVV yields 1.09%, so EIPI currently pays the higher dividend yield.
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