EIPX vs SPY
FT Energy Income Partners Strategy ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, EIPX or SPY?
Each has led over a different period.
SPY has a lower expense ratio. EIPX led over 1Y, SPY over 3Y and the full window.
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 | EIPX | SPY |
|---|---|---|
| Expense Ratio | 0.95% | 0.09%Best |
| AUM | $580M | $814.4B |
| Dividend Yield | 2.68% | 1.01% |
| Holdings | 174 | 505 |
| YTD Return | +27.34%Best | +13.34% |
| 1Y Return | +32.74%Best | +19.97% |
| 3Y Return (annualized) | +20.16% | +21.20%Best |
| 5Y Return (annualized) | - | +12.81% |
| Volatility (annualized) | 12.9%Tie | 12.9%Tie |
| Max Drawdown | -15.4%Best | -18.8% |
| $10,000 over 3.8 years | $18,963 | $21,650Best |
| Fund Family | First Trust Portfolios (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 2, 2022 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Nov 3, 2022 to Sep 4, 2026 (3.8 years).
EIPX vs SPY 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 3.8 years both funds cover.
EIPX vs SPY Performance
FT Energy Income Partners Strategy ETF (EIPX) is an ETF from First Trust Portfolios (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year EIPX returned +32.74% while SPY returned +19.97%. Year to date, EIPX is up 27.34% versus a gain of 13.34% for SPY.
Over three years, EIPX compounded at +20.16% per year against +21.20% for SPY. Across the full 4-year window we track, SPY has the edge at +22.54% annualized vs +18.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EIPX and SPY have been equally volatile, both at 12.9% annualized.
The deepest peak-to-trough decline in our data was -15.4% for EIPX and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.32. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EIPX charges 0.95% per year while SPY charges 0.09%. On a $10,000 position that is $95 vs $9 annually, a gap of $86 per year that compounds over a long holding period. On income, EIPX currently yields 2.68% against 1.01% for SPY.
Holdings Overlap
At least 4.3% of SPY's money is in holdings EIPX also owns.
Stated as a floor: for EIPX, our book for it covers 92.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SPY and EIPX share little of their money.
40 positions in common, counted across the 85 positions we hold weights for in EIPX and 504 in SPY, against full books of 174 and 505.
Top Shared Holdings
| Stock | Weight in EIPX | Weight in SPY | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 3.22% | 0.96% | 2.26% |
| KMIKinder Morgan Inc./de | 2.52% | 0.09% | 2.43% |
| OKEOneok Inc. | 2.46% | 0.08% | 2.38% |
| PSXPhillips 66 | 1.72% | 0.12% | 1.60% |
| BKRBaker Hughes Co | 1.71% | 0.09% | 1.62% |
| SOSouthern Co. | 1.62% | 0.16% | 1.46% |
| SRESempra Common Stock | 1.56% | 0.09% | 1.47% |
| DUKDuke Energy Corp | 1.42% | 0.15% | 1.27% |
| EVRGEvergy Inc. | 1.44% | 0.03% | 1.41% |
| SLBSchlumberger Nv. | 1.33% | 0.11% | 1.22% |
You are not choosing between two funds in isolation.
Whichever of EIPX and SPY 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, EIPX or SPY?
EIPX has an expense ratio of 0.95% while SPY charges 0.09%. SPY is the cheaper option, by $86 a year on a $10,000 investment.
Which performed better, EIPX or SPY?
Over the past year EIPX returned +32.74% vs +19.97% for SPY, so EIPX leads on 1-year performance. Over the longest common window we track (4 years), EIPX annualized +18.34% vs +22.54% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EIPX or SPY?
EIPX and SPY have been equally volatile, both at 12.9% annualized. Worst drawdown: EIPX -15.4% vs SPY -18.8%.
Should I hold both EIPX and SPY?
EIPX and SPY have a monthly-return correlation of 0.32, 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 EIPX and SPY?
At least 4.3% of SPY's money is in holdings EIPX also owns. Our book for EIPX is partial, so the real figure is this or higher. They hold 40 positions in common, counted across the 85 positions we hold weights for in EIPX and 504 in SPY.
Which pays a higher dividend, EIPX or SPY?
EIPX yields 2.68% while SPY yields 1.01%, so EIPX currently pays the higher dividend yield.
Is SPY better than EIPX?
SPY has a lower expense ratio. EIPX led over 1Y, SPY over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.