EIPX vs. HIPS ETF Comparison
Comparison of FT Energy Income Partners Strategy ETF (EIPX) to Master Income ETF (HIPS)
EIPX
FT Energy Income Partners Strategy ETF
EIPX Description
FT Energy Income Partners Strategy ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Energy Income Partners LLC. It invests in public equity markets. It invests in stocks of companies operating across energy, oil, gas and consumable fuel, oil and gas exploration and production, oil and gas production, mixed, manufactured, and liquefied petroleum gas production, oil and gas refining and marketing, oil and gas storage and transportation sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund invests in dividend paying stocks of companies. Traded Fund IV - FT Energy Income Partners Strategy ETF was formed on November 2, 2022 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$26.40
Average Daily Volume
18,153
67
HIPS
Master Income ETF
HIPS Description
The Master Income ETF seeks to track the total return performance, before fees and expenses, of the TFMS HIPS 300 Index. The Index is constructed to capture 300 high income securities, typically with pass-through structures, across the following sectors: (i) closed-end funds (“CEFs”), (ii) mortgage real estate investment trusts (“REITs”), (iii) commercial equity REITs, (iv) residential/diversified REITs, (v) asset management and business development companies (“BDCs”), and (vi) energy production and energy transportation & processing companies. Energy-related companies included in the Index are expected to primarily be structured as master limited partnerships (“MLPs”). CEFs included in the Index are limited to taxable, debt-based funds and may include CEFs that invest primarily in bank loans, high-yield securities (also known as “junk bonds”), foreign securities (including those in emerging markets), and mortgage- or asset-backed securities. The Index is constituted using proprietary methodology developed by Trust and Fiduciary Management Services, Inc. The Index Provider determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index.Grade (RS Rating)
Last Trade
$13.10
Average Daily Volume
31,472
37
Performance
Period | EIPX | HIPS |
---|---|---|
30 Days | 7.33% | 2.93% |
60 Days | 9.15% | 1.80% |
90 Days | 9.41% | 2.88% |
12 Months | 28.55% | 19.87% |
EIPX Overweight 61 Positions Relative to HIPS
Symbol | Grade | Weight | |
---|---|---|---|
TTE | F | 4.46% | |
XOM | B | 3.81% | |
KMI | A | 3.37% | |
OKE | A | 3.02% | |
PAGP | A | 2.78% | |
NFG | A | 2.35% | |
SRE | A | 2.18% | |
BP | D | 2.15% | |
TRGP | A | 1.99% | |
EOG | A | 1.98% | |
SLB | C | 1.72% | |
VST | A | 1.57% | |
DTM | A | 1.51% | |
PWR | A | 1.45% | |
AEP | C | 1.4% | |
AROC | A | 1.23% | |
HAL | C | 1.19% | |
LNG | A | 1.07% | |
WMB | A | 1.04% | |
EVRG | A | 0.96% | |
SUN | B | 0.95% | |
FTI | A | 0.91% | |
PPL | A | 0.84% | |
CWEN | C | 0.83% | |
FANG | C | 0.82% | |
AES | F | 0.8% | |
CTRA | B | 0.79% | |
LNT | A | 0.77% | |
RRC | B | 0.75% | |
WEC | A | 0.73% | |
ARLP | A | 0.69% | |
HP | C | 0.64% | |
EQT | B | 0.61% | |
ETR | B | 0.61% | |
NOV | C | 0.58% | |
WHD | B | 0.54% | |
NRP | B | 0.53% | |
FLR | B | 0.53% | |
ATO | A | 0.52% | |
NEP | F | 0.49% | |
PEG | A | 0.49% | |
NEE | C | 0.49% | |
SO | C | 0.47% | |
WTRG | B | 0.46% | |
INSW | F | 0.37% | |
IDA | A | 0.35% | |
DINO | D | 0.35% | |
AEE | A | 0.33% | |
CNP | A | 0.31% | |
SM | B | 0.27% | |
MPC | D | 0.27% | |
DTE | C | 0.27% | |
PSX | C | 0.27% | |
CMS | C | 0.25% | |
PTEN | C | 0.25% | |
VLO | C | 0.23% | |
DHT | F | 0.23% | |
FRO | D | 0.2% | |
ECO | F | 0.19% | |
OGS | A | 0.12% | |
XEL | A | 0.08% |
EIPX Underweight 31 Positions Relative to HIPS
Symbol | Grade | Weight | |
---|---|---|---|
BGX | A | -2.79% | |
LTC | B | -2.79% | |
JQC | A | -2.78% | |
JFR | A | -2.75% | |
ARCC | A | -2.72% | |
SLRC | A | -2.66% | |
FSK | A | -2.65% | |
EFT | A | -2.64% | |
FCT | A | -2.63% | |
FDUS | A | -2.62% | |
BXSL | A | -2.62% | |
BLW | C | -2.6% | |
DMLP | A | -2.6% | |
GTY | A | -2.59% | |
GBDC | D | -2.55% | |
NBB | D | -2.54% | |
DSU | A | -2.52% | |
ALX | D | -2.49% | |
PAA | B | -2.48% | |
SBRA | C | -2.48% | |
WES | C | -2.48% | |
GLPI | C | -2.48% | |
OHI | C | -2.46% | |
BSM | B | -2.44% | |
PK | C | -2.41% | |
EPR | C | -2.28% | |
NMFC | D | -2.26% | |
GSBD | F | -2.2% | |
NNN | C | -2.18% | |
NHS | D | -2.02% | |
GNL | F | -1.83% |
EIPX: Top Represented Industries & Keywords
HIPS: Top Represented Industries & Keywords