EIPX vs QQQ
EIPX vs QQQ
FT Energy Income Partners Strategy ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. EIPX delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | EIPX | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.18% | |
| AUM | $560M | $455.8B | |
| Dividend Yield | 2.72% | 0.41% | |
| Holdings | 92 | 108 | |
| YTD Return | +21.58% | +18.20% | |
| 1Y Return | +28.64% | +27.63% | |
| 3Y Return (annualized) | +19.09% | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 13.1% | 30.6% | |
| Max Drawdown | -15.4% | -83.0% | |
| Fund Family | First Trust Portfolios (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Nov 2, 2022 | Mar 10, 1999 |
EIPX vs QQQ Performance
FT Energy Income Partners Strategy ETF (EIPX) is a ETF from First Trust Portfolios (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year EIPX returned +28.64% while QQQ returned +27.63%. Year to date, EIPX is up 21.58% versus a gain of 18.20% for QQQ.
Over three years, EIPX compounded at +19.09% per year against +25.54% for QQQ. Across the full 4-year window we track, EIPX has the edge at +17.30% annualized vs +13.11%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 13.1% for EIPX. 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 -15.4% for EIPX and -83.0% for QQQ. 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 0.02. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EIPX charges 0.95% per year while QQQ charges 0.18%. On a $10,000 position that is $95 vs $18 annually, a gap of $77 per year that compounds over a long holding period. On income, EIPX currently yields 2.72% against 0.41% for QQQ.
Holdings Overlap
EIPX and QQQ share 5 holdings out of 186 unique holdings combined, representing a 1.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in EIPX | Weight in QQQ | Difference |
|---|---|---|---|
| BKR | 1.60% | 0.25% | 1.35% |
| XEL | 0.76% | 0.22% | 0.54% |
| AEP | 0.53% | 0.33% | 0.20% |
| CEG | Pro | Pro | Pro |
| FANG | Pro | Pro | Pro |
See all 5 holdings EIPX shares with QQQ Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, EIPX or QQQ?
EIPX has an expense ratio of 0.95% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $77 per year of difference.
Which performed better, EIPX or QQQ?
Over the past year EIPX returned +28.64% vs +27.63% for QQQ, so EIPX leads on 1-year performance. Over the longest common window we track (4 years), EIPX annualized +17.30% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, EIPX or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 13.1% for EIPX. Worst drawdown: EIPX -15.4% vs QQQ -83.0%.
Should I hold both EIPX and QQQ?
EIPX and QQQ have a monthly-return correlation of 0.02, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EIPX and QQQ?
EIPX and QQQ share 5 common holdings with a 1.4% weight overlap. Combined, they hold 186 unique securities.
Which pays a higher dividend, EIPX or QQQ?
EIPX yields 2.72% while QQQ yields 0.41%, so EIPX currently pays the higher dividend yield.
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