EIPX vs QQQ
FT Energy Income Partners Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, EIPX or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. EIPX led over 1Y, QQQ over 3Y and the full window. EIPX is less concentrated, with 37.4% of the fund in its ten largest positions against 46.7%.
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 | QQQ |
|---|---|---|
| Expense Ratio | 0.95% | 0.18%Best |
| AUM | $575M | $506.1B |
| Dividend Yield | 2.89% | 0.42% |
| Holdings | 174 | 321 |
| YTD Return | +24.60%Best | +19.30% |
| 1Y Return | +30.77%Best | +22.47% |
| 3Y Return (annualized) | +18.80% | +26.18%Best |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 13.3%Best | 18.1% |
| Max Drawdown | -15.4%Best | -22.8% |
| $10,000 over 3.9 years | $18,539 | $28,309Best |
| Top 10 Weight | 37.4%Best | 46.7% |
| Fund Family | First Trust Portfolios (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Nov 2, 2022 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Nov 3, 2022 to Oct 14, 2026 (3.9 years).
EIPX vs QQQ 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 3.9 years both funds cover.
EIPX vs QQQ Performance
FT Energy Income Partners Strategy ETF (EIPX) is an ETF from First Trust Portfolios (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year EIPX returned +30.77% while QQQ returned +22.47%. Year to date, EIPX is up 24.60% versus a gain of 19.30% for QQQ.
Over three years, EIPX compounded at +18.80% per year against +26.18% for QQQ. Across the full 4-year window we track, QQQ has the edge at +30.58% annualized vs +17.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 13.3% 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 -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.01. They move largely independently of each other.
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 2.89% against 0.42% for QQQ.
Holdings Overlap
4.6% of EIPX's money is in holdings QQQ also owns. 1.3% of QQQ's money is in holdings EIPX also owns.
EIPX and QQQ share little of their money.
5 positions in common, counted across the 89 positions we hold weights for in EIPX and 101 in QQQ, against full books of 174 and 321.
What only one of them owns
Our book lists 88 positions for QQQ that do not appear in our book for EIPX (95.0% of the fund), and 70 for EIPX that do not appear in QQQ (85.0%).
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.
You are not choosing between two funds in isolation.
Whichever of EIPX and QQQ 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 QQQ?
EIPX has an expense ratio of 0.95% while QQQ charges 0.18%. QQQ is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, EIPX or QQQ?
Over the past year EIPX returned +30.77% vs +22.47% for QQQ, so EIPX leads on 1-year performance. Over the longest common window we track (4 years), EIPX annualized +17.15% vs +30.58% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EIPX or QQQ?
QQQ has been the more volatile fund at 18.1% annualized versus 13.3% for EIPX. Worst drawdown: EIPX -15.4% vs QQQ -22.8%.
Should I hold both EIPX and QQQ?
EIPX and QQQ have a monthly-return correlation of 0.01, 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 QQQ?
4.6% of EIPX's money is in holdings QQQ also owns. 1.3% of QQQ's is in holdings EIPX also owns. They hold 5 positions in common, counted across the 89 positions we hold weights for in EIPX and 101 in QQQ.
Which pays a higher dividend, EIPX or QQQ?
EIPX yields 2.89% while QQQ yields 0.42%, so EIPX currently pays the higher dividend yield.
Is QQQ better than EIPX?
QQQ has a lower expense ratio. EIPX led over 1Y, QQQ over 3Y and the full window. EIPX is less concentrated, with 37.4% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.