EIPI vs IVV
FT Energy Income Partners Enhanced Income ETF vs iShares Core S&P 500 ETF
Which is better, EIPI or IVV?
Each has led over a different period.
IVV has a lower expense ratio. EIPI led over 1Y, IVV over the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 40.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EIPI | IVV |
|---|---|---|
| Expense Ratio | 1.11% | 0.03%Best |
| AUM | $1.1B | $876.4B |
| Dividend Yield | 7.15% | 1.06% |
| Holdings | 112 | 508 |
| YTD Return | +16.47%Best | +12.39% |
| 1Y Return | +21.07%Best | +16.61% |
| 3Y Return (annualized) | - | +21.38% |
| 5Y Return (annualized) | - | +13.51% |
| Volatility (annualized) | 10.9%Best | 11.8% |
| Max Drawdown | -12.3%Best | -18.8% |
| $10,000 over 2.4 years | $14,678 | $15,289Best |
| Top 10 Weight | 40.4% | 37.8%Best |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 27, 2011 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 6, 2024 to Sep 18, 2026 (2.4 years).
EIPI vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.4 years both funds cover.
EIPI vs IVV Performance
FT Energy Income Partners Enhanced Income ETF (EIPI) is an ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EIPI returned +21.07% while IVV returned +16.61%. Year to date, EIPI is up 16.47% versus a gain of 12.39% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.8% 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 -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.17. They move largely independently of each other.
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 7.15% against 1.06% for IVV.
Holdings Overlap
43.1% of EIPI's money is in holdings IVV also owns. 3.7% of IVV's money is in holdings EIPI also owns.
The two portfolios partly overlap.
35 positions in common, counted across the 75 positions we hold weights for in EIPI and 490 in IVV, against full books of 112 and 508.
What only one of them owns
Our book lists 447 positions for IVV that do not appear in our book for EIPI (95.0% of the fund), and 33 for EIPI that do not appear in IVV (48.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in EIPI | Weight in IVV | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 3.39% | 1.01% | 2.38% |
| KMIKinder Morgan Inc./de | 3.87% | 0.10% | 3.77% |
| OKEOneok, Inc. | 3.15% | 0.09% | 3.06% |
| DUKDuke Energy Corp | 2.29% | 0.14% | 2.15% |
| EOGEog Resources Inc | 2.18% | 0.12% | 2.06% |
| WMBWilliams Cos. Inc. | 1.99% | 0.14% | 1.85% |
| SOSouthern Co. | 1.80% | 0.15% | 1.65% |
| PEGPublic Svc Ent Group | 1.73% | 0.06% | 1.67% |
| ETREntergy Corp. | 1.70% | 0.07% | 1.63% |
| TRGPTarga Resources Corp Preferred | 1.54% | 0.10% | 1.44% |
43.1% of EIPI is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $108 a year on a $10,000 investment.
Which performed better, EIPI or IVV?
Over the past year EIPI returned +21.07% vs +16.61% for IVV, so EIPI leads on 1-year performance. Over the longest common window we track (2 years), EIPI annualized +17.34% vs +19.35% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EIPI or IVV?
IVV has been the more volatile fund at 11.8% annualized versus 10.9% for EIPI. Worst drawdown: EIPI -12.3% vs IVV -18.8%.
Should I hold both EIPI and IVV?
EIPI and IVV have a monthly-return correlation of 0.17, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EIPI and IVV?
43.1% of EIPI's money is in holdings IVV also owns. 3.7% of IVV's is in holdings EIPI also owns. They hold 35 positions in common, counted across the 75 positions we hold weights for in EIPI and 490 in IVV.
Which pays a higher dividend, EIPI or IVV?
EIPI yields 7.15% while IVV yields 1.06%, so EIPI currently pays the higher dividend yield.
Is IVV better than EIPI?
IVV has a lower expense ratio. EIPI led over 1Y, IVV over the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 40.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.