EIPI vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricEIPIVYMWinner
Expense Ratio1.11%0.04%
AUM$1.1B$79.0B
Dividend Yield7.44%2.86%
Holdings127568
YTD Return+16.46%+16.16%
1Y Return+22.63%+26.05%
3Y Return (annualized)-+18.43%
5Y Return (annualized)-+12.21%
Volatility (annualized)10.9%14.6%
Max Drawdown-12.3%-58.8%
Fund FamilyFirst Trust Portfolios (US)Vanguard (US)
CategoryEquityEquity
InceptionSep 27, 2011Nov 10, 2006

EIPI vs VYM Performance

FT Energy Income Partners Enhanced Income ETF (EIPI) is a ETF from First Trust Portfolios (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year EIPI returned +22.63% while VYM returned +26.05%. Year to date, EIPI is up 16.46% versus a gain of 16.16% for VYM.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% 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 -58.8% for VYM. 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

EIPI charges 1.11% per year while VYM charges 0.04%. On a $10,000 position that is $111 vs $4 annually, a gap of $107 per year that compounds over a long holding period. On income, EIPI currently yields 7.44% against 2.86% for VYM.

Holdings Overlap

9.6%overlap

EIPI and VYM share 43 holdings out of 589 unique holdings combined, representing a 9.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in EIPIWeight in VYMDifference
XOM3.32%2.83%0.49%
KMI3.96%0.28%3.68%
OKE3.07%0.23%2.84%
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Frequently Asked Questions

Which is cheaper, EIPI or VYM?

EIPI has an expense ratio of 1.11% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $107 per year of difference.

Which performed better, EIPI or VYM?

Over the past year EIPI returned +22.63% vs +26.05% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), EIPI annualized +18.20% vs +7.09% for VYM. Past performance does not guarantee future results.

Which is riskier, EIPI or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 10.9% for EIPI. Worst drawdown: EIPI -12.3% vs VYM -58.8%.

Should I hold both EIPI and VYM?

EIPI and VYM have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EIPI and VYM?

EIPI and VYM share 43 common holdings with a 9.6% weight overlap. Combined, they hold 589 unique securities.

Which pays a higher dividend, EIPI or VYM?

EIPI yields 7.44% while VYM yields 2.86%, so EIPI currently pays the higher dividend yield.

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