EIPX
FT Energy Income Partners Strategy ETF
EIPX seeks risk-adjusted total return through an actively managed portfolio of global stocks in the energy sector, as broadly defined by the funds sub-adviser.
Global
EQUITY
Active
MANAGEMENT STYLE
337.2 M
ASSETS UNDER MGMT
95 bp
EXPENSES
Fund Basics
Fund sponsor | First Trust |
Category | Global |
Asset class | Equity |
Website | link... |
Inception date | Nov 01, 2022 |
Assets (mns) | $337 |
Expense ratio | 95 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | |
Taxation | 1099 |
Stock selection | |
Weighting | |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
SHELL PLC (ADR) | 8.2 % |
ENTERPRISE PRODUCTS PARTNERS | 7.4 % |
ENERGY TRANSFER, L.P. | 6.9 % |
MPLX LP | 4.7 % |
EXXON MOBIL CORP | 4.4 % |
IMPERIAL OIL LTD | 4.3 % |
TOTAL SA-SPON ADR | 4.2 % |
PLAINS GP HOLDINGS LP CLASS A | 2.7 % |
ONEOK INC | 2.7 % |
KINDER MORGAN INC | 2.7 % |
Constituent Breakdown
Number of holdings | 89 |
Herfindahl-Hirschman Index | 337 |
Wgt avg mkt cap (mns) | $62,132 |
Large cap (>$10bn) | 77.7% |
Mid cap ($2-10bn) | 19.7% |
Small cap (<$2bn) | 2.7% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 75.9 % | |
CANADA | 10.1 % | |
FRANCE | 4.2 % | |
BRITAIN | 0.5 % | |
SPAIN | 0.5 % | |
ITALY | 0.5 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 29.1% | -- | -- | -- | -- | -- | 29.1% | Volatility | 12.3% | 12.6% | -- | -- | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.00 | 0% |
MSCI EAFE | 0.00 | 0% |
MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
Avg. volume (000) | 29 |
Turnover | 0.2% |
Avg. Bid/Ask (% of price) | 0.00% |
ADV of underlying (mns) | $12,937 |
Technical Indicators
Recent close | $24.08 |
30d moving avg. | $25.86 |
Annualized volatility | 0.0% |
Relative strength (RSI) | 51 |
Short interest (ETF) | 0.2% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. EIPX |
Expenses vs. EIPX |
ALTAR Score™ vs. EIPX |
---|---|---|---|---|
EIPI | FT Energy Income Partners Enhanced Income ETF | 62.4% | +15 bp | -1.1% |
EMLP | First Trust North American Energy Infrastructure Fund | 57.9% | 0 bp | -1.6% |
UMI | USCF Midstream Energy Income Fund ETF | 31.6% | -10 bp | -2.6% |
ENFR | Alerian Energy Infrastructure ETF | 31.6% | -60 bp | -2.4% |
MLPX | Global X MLP & Energy Infrastructure ETF | 30.2% | -50 bp | -2.6% |
EINC | VanEck Energy Income ETF | 29.9% | -47 bp | -2.7% |
ECLN | First Trust EIP Carbon Impact ETF | 29.1% | +1 bp | -1.7% |
TPYP | Tortoise North American Pipeline Fund | 28.9% | -55 bp | -2.0% |
USAI | Pacer American Energy Independence ETF | 28.5% | -20 bp | -3.4% |
AMZA | InfraCap MLP ETF | 26.5% | +69 bp | -1.8% |
Risk and Returns: EIPX vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
EIPX
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
EIPX
6.6%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 374 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
4.8%. EIPX's ALTAR Score™ is approximately
0.5 standard deviations
above
the category average. This places EIPX in the 69th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
EIPXSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Active Global Equity ETFs |
# of ETFs | 118 |
Avg. Expense Ratio | 73.5 bp |
Std. Deviation | 29.8 bp |
EIPX (95 bp) Percentile rank | 79 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
EIPX | 95.0 | 0.0 | 95 |
Peer Avg. | 74.2 | 38.8 | 113.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .