EIPI vs VOO

EIPI vs VOO

Which is better, EIPI or VOO?

Each has led over a different period.

VOO has a lower expense ratio. EIPI led over 1Y, VOO over the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 40.4%.

Lower Fees: VOOHigher Returns: splitLess Concentrated: VOO

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

MetricEIPIVOO
Expense Ratio1.11%0.03%Best
AUM$1.1B$997.4B
Dividend Yield7.15%1.04%
Holdings112509
YTD Return+15.80%Best+11.01%
1Y Return+20.97%Best+15.60%
3Y Return (annualized)-+20.82%
5Y Return (annualized)-+12.60%
Volatility (annualized)11.0%Best11.9%
Max Drawdown-12.3%Best-18.7%
$10,000 over 2.4 years$14,603$15,117Best
Top 10 Weight40.4%37.6%Best
Fund FamilyFirst Trust Portfolios (US)Vanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionSep 27, 2011Sep 7, 2010

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 VOO 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 VOO Performance

FT Energy Income Partners Enhanced Income ETF (EIPI) is an ETF from First Trust Portfolios (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year EIPI returned +20.97% while VOO returned +15.60%. Year to date, EIPI is up 15.80% versus a gain of 11.01% for VOO.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 11.9% 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 -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.18. They move largely independently of each other.

Fees and Cost Over Time

EIPI charges 1.11% per year while VOO 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 1.04% for VOO.

Holdings Overlap

EIPI already in VOO43.4%
VOO already in EIPI3.8%

43.4% of EIPI's money is in holdings VOO also owns. 3.8% of VOO's money is in holdings EIPI also owns.

The two portfolios partly overlap.

36 positions in common, counted across the 75 positions we hold weights for in EIPI and 494 in VOO, against full books of 112 and 509.

What only one of them owns

Our book lists 451 positions for VOO that do not appear in our book for EIPI (95.3% of the fund), and 32 for EIPI that do not appear in VOO (48.6%).

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

StockWeight in EIPIWeight in VOODifference
XOMExxon Mobil Corp.3.39%1.00%2.39%
KMIKinder Morgan Inc./de3.87%0.10%3.77%
OKEOneok, Inc.3.15%0.09%3.06%
DUKDuke Energy Corp2.29%0.15%2.14%
EOGEog Resources Inc2.18%0.12%2.06%
WMBWilliams Cos. Inc.1.99%0.14%1.85%
SOSouthern Co.1.80%0.17%1.63%
PEGPublic Svc Ent Group1.73%0.06%1.67%
ETREntergy Corp.1.70%0.08%1.62%
TRGPTarga Resources Corp Preferred1.54%0.09%1.45%

43.4% of EIPI is already inside VOO.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

EIPIVOO

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, EIPI or VOO?

EIPI has an expense ratio of 1.11% while VOO charges 0.03%. VOO is the cheaper option, by $108 a year on a $10,000 investment.

Which performed better, EIPI or VOO?

Over the past year EIPI returned +20.97% vs +15.60% for VOO, so EIPI leads on 1-year performance. Over the longest common window we track (2 years), EIPI annualized +17.09% vs +18.79% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, EIPI or VOO?

VOO has been the more volatile fund at 11.9% annualized versus 11.0% for EIPI. Worst drawdown: EIPI -12.3% vs VOO -18.7%.

Should I hold both EIPI and VOO?

EIPI and VOO have a monthly-return correlation of 0.18, 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 VOO?

43.4% of EIPI's money is in holdings VOO also owns. 3.8% of VOO's is in holdings EIPI also owns. They hold 36 positions in common, counted across the 75 positions we hold weights for in EIPI and 494 in VOO.

Which pays a higher dividend, EIPI or VOO?

EIPI yields 7.15% while VOO yields 1.04%, so EIPI currently pays the higher dividend yield.

Is VOO better than EIPI?

VOO has a lower expense ratio. EIPI led over 1Y, VOO over the full window. VOO is less concentrated, with 37.6% 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.