EIPI vs VOO
FT Energy Income Partners Enhanced Income ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. EIPI delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | EIPI | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.11% | 0.03% | |
| AUM | $1.1B | $979.0B | |
| Dividend Yield | 7.44% | 1.09% | |
| Holdings | 127 | 509 | |
| YTD Return | +16.96% | +13.72% | |
| 1Y Return | +22.90% | +21.63% | |
| 3Y Return (annualized) | - | +21.55% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 10.9% | 14.1% | |
| Max Drawdown | -12.3% | -34.3% | |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 27, 2011 | Sep 7, 2010 |
EIPI vs VOO Performance
FT Energy Income Partners Enhanced Income ETF (EIPI) is a ETF from First Trust Portfolios (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year EIPI returned +22.90% while VOO returned +21.63%. Year to date, EIPI is up 16.96% versus a gain of 13.72% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% 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 -34.3% for VOO. 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 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 7.44% against 1.09% for VOO.
Holdings Overlap
EIPI and VOO share 35 holdings out of 544 unique holdings combined, representing a 3.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $108 per year of difference.
Which performed better, EIPI or VOO?
Over the past year EIPI returned +22.90% vs +21.63% for VOO, so EIPI leads on 1-year performance. Over the longest common window we track (2 years), EIPI annualized +18.40% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, EIPI or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 10.9% for EIPI. Worst drawdown: EIPI -12.3% vs VOO -34.3%.
Should I hold both EIPI and VOO?
EIPI and VOO 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 VOO?
EIPI and VOO share 35 common holdings with a 3.6% weight overlap. Combined, they hold 544 unique securities.
Which pays a higher dividend, EIPI or VOO?
EIPI yields 7.44% while VOO yields 1.09%, so EIPI currently pays the higher dividend yield.
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