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EIPX vs SPYI

FT Energy Income Partners Strategy ETF vs Neos S&P 500(R) High Income ETF

EIPX

FT Energy Income Partners Strategy ETF

First Trust

Annual cost

0.95%

Fund size

$532M

SPYI

Neos S&P 500(R) High Income ETF

Neos Funds

Annual cost

0.68%

Fund size

$9.2B

Key differences

  • SPYI costs 0.27% less per year.
  • SPYI is significantly larger than EIPX — larger funds tend to be more liquid and less likely to close.
  • EIPX is classified as equity, while SPYI is alternative — different risk/return profiles.
  • EIPX follows a index tracking strategy; SPYI uses option income.
  • Over the last 3 years, EIPX has delivered higher annualized returns.

Side-by-side comparison

EIPXSPYI
Annual cost (TER)0.95%0.68%
Fund size (AUM)$532M$9.2B
Since20222022
Dividend yield2.61%11.90%
Asset classequityalternative
Regionnorth america
Strategyindex trackingoption income
CAGR 1Y+32.6%+25.1%
CAGR 3Y+21.0%+17.0%
CAGR 5YN/AN/A
Sharpe 3Y1.161.05
Volatility 1Y11.12%9.70%
Max drawdown-15.43%-16.47%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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