EIPI vs QQQ
FT Energy Income Partners Enhanced Income ETF vs Invesco QQQ Trust, Series 1
Which is better, EIPI or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. EIPI led over 1Y, QQQ over the full window. EIPI is less concentrated, with 40.4% of the fund in its ten largest positions against 46.5%.
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 | QQQ |
|---|---|---|
| Expense Ratio | 1.11% | 0.18%Best |
| AUM | $1.1B | $483.5B |
| Dividend Yield | 7.15% | 0.44% |
| Holdings | 112 | 107 |
| YTD Return | +15.80%Best | +15.21% |
| 1Y Return | +20.97%Best | +19.78% |
| 3Y Return (annualized) | - | +24.58% |
| 5Y Return (annualized) | - | +13.93% |
| Volatility (annualized) | 11.0%Best | 17.7% |
| Max Drawdown | -12.3%Best | -22.8% |
| $10,000 over 2.4 years | $14,603 | $16,323Best |
| Top 10 Weight | 40.4%Best | 46.5% |
| Fund Family | First Trust Portfolios (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Sep 27, 2011 | Mar 10, 1999 |
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 16, 2026 (2.4 years).
EIPI vs QQQ 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 QQQ Performance
FT Energy Income Partners Enhanced Income ETF (EIPI) is an ETF from First Trust Portfolios (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year EIPI returned +20.97% while QQQ returned +19.78%. Year to date, EIPI is up 15.80% versus a gain of 15.21% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 11.0% 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 -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.11. They move largely independently of each other.
Fees and Cost Over Time
EIPI charges 1.11% per year while QQQ charges 0.18%. On a $10,000 position that is $111 vs $18 annually, a gap of $93 per year that compounds over a long holding period. On income, EIPI currently yields 7.15% against 0.44% for QQQ.
Holdings Overlap
3.7% of EIPI's money is in holdings QQQ also owns. 1.2% of QQQ's money is in holdings EIPI also owns.
EIPI and QQQ share little of their money.
4 positions in common, counted across the 75 positions we hold weights for in EIPI and 102 in QQQ, against full books of 112 and 107.
What only one of them owns
Our book lists 92 positions for QQQ that do not appear in our book for EIPI (96.3% of the fund), and 64 for EIPI that do not appear in QQQ (88.3%).
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.
You are not choosing between two funds in isolation.
Whichever of EIPI and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EIPI or QQQ?
EIPI has an expense ratio of 1.11% while QQQ charges 0.18%. QQQ is the cheaper option, by $93 a year on a $10,000 investment.
Which performed better, EIPI or QQQ?
Over the past year EIPI returned +20.97% vs +19.78% for QQQ, so EIPI leads on 1-year performance. Over the longest common window we track (2 years), EIPI annualized +17.09% vs +22.65% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EIPI or QQQ?
QQQ has been the more volatile fund at 17.7% annualized versus 11.0% for EIPI. Worst drawdown: EIPI -12.3% vs QQQ -22.8%.
Should I hold both EIPI and QQQ?
EIPI and QQQ have a monthly-return correlation of -0.11, 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 QQQ?
3.7% of EIPI's money is in holdings QQQ also owns. 1.2% of QQQ's is in holdings EIPI also owns. They hold 4 positions in common, counted across the 75 positions we hold weights for in EIPI and 102 in QQQ.
Which pays a higher dividend, EIPI or QQQ?
EIPI yields 7.15% while QQQ yields 0.44%, so EIPI currently pays the higher dividend yield.
Is QQQ better than EIPI?
QQQ has a lower expense ratio. EIPI led over 1Y, QQQ over the full window. EIPI is less concentrated, with 40.4% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.