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ETFs

FT Energy Income Partners Strategy ETF

EIPX
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 02 2022
Expense Ratio
0.95%
Type
Global Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$369,602
AUM
$154,906,042
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

SHEL
Shell Plc - ADR (Representing - Ordinary Shares)
7.40%
EPD
Enterprise Products Partners L P - Unit
7.19%
TTE
TotalEnergies SE - ADR
6.51%
BP
BP plc - ADR
5.94%
ET
Energy Transfer LP - Unit
5.43%
PAGP
Plains GP Holdings LP - Ordinary Shares - Class A
3.79%
CQP
Cheniere Energy Partners LP - Unit
3.49%
MPLX
MPLX LP - Unit
3.35%
KMI
Kinder Morgan Inc - Ordinary Shares - Class P
2.79%
NFG
National Fuel Gas Co.
2.57%
Invest with EIPX

What is EIPX?

The FT Energy Income Partners Strategy ETF ("the fund") is an actively managed exchange-traded fund ("ETF") that seeks risk-adjusted total return by investing at least 80% of its net assets (plus any borrowing for investment purposes) in a portfolio of equity securities in the broader energy market. EIPX offers an opportunity to invest in dividend-paying energy companies. By expanding selection across companies in the energy sector, the utility sector (excluding water utilities) and other sectors, the fund provides broader access to today's energy and related industries.

ETFs related toEIPX

ETFs correlated to EIPX include IGE, MLPX, IXC

EIPX
First Trust Exchange-Traded Fund IV - FT Energy Income Partners Strategy ETF
IGE
BlackRock Institutional Trust Company N.A. - iShares North American Natural Resources ETF
MLPX
Global X Funds - Global X MLP & Energy Infrastructure ETF
IXC
BlackRock Institutional Trust Company N.A. - iShares Global Energy ETF
RSPG
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Energy ETF
FXN
First Trust Exchange-Traded Fund III - First Trust Energy AlphaDEX Fund
FENY
Fidelity Covington Trust - Fidelity MSCI Energy Index ETF
VDE
Vanguard Group, Inc. - Vanguard Energy ETF
IYE
BlackRock Institutional Trust Company N.A. - iShares U.S. Energy ETF
FCG
First Trust Exchange-Traded Fund III - First Trust Natural Gas ETF
PXI
Invesco Capital Management LLC - Invesco Dorsey Wright Energy Momentum ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEIPX

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EIPX using Composer

FAQ

EIPX is a Global Equities ETF. The FT Energy Income Partners Strategy ETF ("the fund") is an actively managed exchange-traded fund ("ETF") that seeks risk-adjusted total return by investing at least 80% of its net assets (plus any borrowing for investment purposes) in a portfolio of equity securities in the broader energy market. EIPX offers an opportunity to invest in dividend-paying energy companies. By expanding selection across companies in the energy sector, the utility sector (excluding water utilities) and other sectors, the fund provides broader access to today's energy and related industries.

Yes, EIPX is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, EIPX is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EIPX is 0.0348%. This is the percent change in the value of EIPX over the most recent 1-month period. The 3-month return on EIPX is 0.0937%. This is the percent change in the value of EIPX over the most recent 3-month period.

ETFs similar to EIPX include IXN, IXJ, and SMH.

ETFs correlated to EIPX include IGE, MLPX, and IXC.

ETFs that are inversely correlated to EIPX include OILD, DUG, and ERY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.