EIPX vs. OILT ETF Comparison
Comparison of FT Energy Income Partners Strategy ETF (EIPX) to Texas Capital Texas Oil Index ETF (OILT)
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
OILT
Texas Capital Texas Oil Index ETF
OILT Description
OILT aims to track the performance of an economic-value weighted index of energy companies that extract oil and gas within Texas. Companies in the index must be publicly traded and responsible for more than 0.1% of the annual state oil and gas production of Texas over the past 10 years based on data from the Texas Railroad Commission. The companies are sensitive to the price of West Texas Intermediate crude oil. Global and domestic infrastructure and trading have created efficiencies that have made the US a net exporter of oil and may positively impact the profitability of these companies. The stocks are weighted in the index by the aggregated economic value of oil and gas production of the company and multiplying it by the average oil and gas futures prices from the last day of trading of February in the current and previous year. Outside of extraordinary events, the index is reconstituted annually and rebalanced quarterly.Grade (RS Rating)
Last Trade
$26.75
Average Daily Volume
1,971
24
Performance
Period | EIPX | OILT |
---|---|---|
30 Days | 7.33% | 7.28% |
60 Days | 9.15% | 7.55% |
90 Days | 9.41% | 2.30% |
12 Months | 28.55% |
EIPX Overweight 59 Positions Relative to OILT
Symbol | Grade | Weight | |
---|---|---|---|
EPD | A | 7.13% | |
ET | A | 5.3% | |
MPLX | A | 3.92% | |
OKE | A | 3.02% | |
PAGP | A | 2.78% | |
NFG | A | 2.35% | |
SRE | A | 2.18% | |
TRGP | A | 1.99% | |
CQP | B | 1.88% | |
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% | |
AES | F | 0.8% | |
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% | |
KRP | B | 0.45% | |
INSW | F | 0.37% | |
IDA | A | 0.35% | |
DINO | D | 0.35% | |
AEE | A | 0.33% | |
CNP | A | 0.31% | |
MPC | D | 0.27% | |
DTE | C | 0.27% | |
PSX | C | 0.27% | |
CMS | C | 0.25% | |
PTEN | C | 0.25% | |
VLO | C | 0.23% | |
USAC | B | 0.23% | |
DHT | F | 0.23% | |
FRO | D | 0.2% | |
ECO | F | 0.19% | |
OGS | A | 0.12% | |
XEL | A | 0.08% |
EIPX: Top Represented Industries & Keywords
OILT: Top Represented Industries & Keywords