Which paid more, EIPI or NDIV?

Over the year to Nov 4, 2026, EIPI paid 7.7% of its starting price in cash and NDIV paid 12.3%, so NDIV paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, EIPI or NDIV?

With every distribution reinvested, EIPI returned +21.8% and NDIV +41.1% over the year to Nov 4, 2026.

Which is cheaper, EIPI or NDIV?

EIPI charges 1.11% a year and NDIV charges 0.59%, so NDIV is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

EIPI vs NDIV: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Nov 4, 2026, NDIV paid 12.3% of its price in cash against EIPI’s 7.7%, and returned more with it reinvested.

askIQ about this page

askIQ about EIPI and NDIV

Net assets on Nov 3, 2026: $1.1bn for FT Energy Income Partners Enhanced Income ETF and $34m for Amplify Energy & Natural Resources Covered Call ETF.

EIPI on its own →NDIV on its own →

At a glance

7.7%

EIPI cash paid, 1 year

12.3%

NDIV cash paid, 1 year

+21.8%

EIPI total return, 1 year

+41.1%

NDIV total return, 1 year

EIPI · 1 year to Nov 4, 2026 3.8 pts behind its own holdings

EIPI

+21.8%

Own

+25.6%

3.8 pts behind its own holdings

EIPI over 1 year: paid 7.7%, price +13.7%, total +21.8%, its own holdings +25.6%, −3.8 pts. Data to Nov 4, 2026.

its own holdings

+25.6%

EIPI

+21.8%

7.7% as cash

3.8 pts behind its own holdings

Total return, distributions reinvested

3.8 pts behind its own holdings

EIPI over 1 year: paid 7.7%, price +13.7%, total +21.8%, its own holdings +25.6%, −3.8 pts. Data to Nov 4, 2026.

its own holdings

+25.6%

EIPI

+21.8%

3.8 pts behind its own holdings

7.7% of it arrived as cash. Total return, distributions reinvested. EIPI over 1 year: paid 7.7%, price +13.7%, total +21.8%, its own holdings +25.6%, −3.8 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

NDIV · 1 year to Nov 4, 2026 Not measured

NDIV

+41.1%

none

Not measured

NDIV over 1 year: paid 12.3%, price +28.1%, total +41.1%, not measured against a benchmark. Data to Nov 4, 2026.

NDIV

+41.1%

12.3% as cash

Total return, distributions reinvested

Not measured

NDIV over 1 year: paid 12.3%, price +28.1%, total +41.1%, not measured against a benchmark. Data to Nov 4, 2026.

NDIV

+41.1%

12.3% of it arrived as cash. Both charts share one scale, 0 to +41.1%. NDIV over 1 year: paid 12.3%, price +28.1%, total +41.1%, not measured against a benchmark. Data to Nov 4, 2026.

Both charts share one scale, 0 to +41.1%. Data to Nov 4, 2026.

Pair scorecard

NDIV costs 0.52 points a year less; their one-year returns differ by 19.3 points; EIPI is far larger, $1.1bn against $34m.

Points (pts) are percentage points.

EIPI vs NDIV: Dividend Yield & Total Return
Measure	EIPI	NDIV
Paid and earned
Measure	EIPI	NDIV
Total return, 1 year	+21.8%	+41.1%
Price change, 1 year	rose 13.7%	rose 28.1%
Return of capital, issuer estimate	0% of the Oct 30, 2026 payment	96% of the Oct 30, 2026 payment
Against its benchmark
Measure	EIPI	NDIV
Benchmark	its own holdings	its own stocks
Cost and size
Measure	EIPI	NDIV
Expense ratio	1.11%	0.59%
Net assets, as of Nov 3, 2026	$1.1bn	$34m
Holdings
Measure	EIPI	NDIV
Holdings in common	10%

Method

Risk and return

May 17, 2024 to Oct 30, 2026 · 128 weekly returns

EIPI NDIV

Return

Total return edge EIPI +50.9% +41.6%

Annualized edge EIPI +18.2% +15.2%

Price return edge EIPI +21.6% +18.5%

Risk

Volatility edge EIPI 12.8% 19.6%

Max drawdown edge EIPI −8.8% −13.4%

Risk-adjusted

Sharpe edge EIPI 1.04 0.61

Sortino edge EIPI 1.50 0.83

Calmar edge EIPI 2.08 1.13

Reading

From May 2024 to Oct 2026, EIPI returned more: +50.9% to +41.6%. EIPI swung less: 12.8% to 19.6%. EIPI fell less at its worst: −8.8% to −13.4%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: EIPI vs NDIV: Dividend Yield & Total Return
Measure	EIPI	NDIV	Edge	How it is measured
Return
Total return	+50.9%	+41.6%	EIPI	Price change plus distributions, reinvested.
Annualized	+18.2%	+15.2%	EIPI	Total return as a yearly rate.
Price return	+21.6%	+18.5%	EIPI	Price change alone, distributions left out.
Risk
Volatility	12.8%	19.6%	EIPI	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	8.9%	14.3%	EIPI	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−8.8%	−13.4%	EIPI	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	1.04	0.61	EIPI	Return above Treasury bills per unit of volatility.
Sortino	1.50	0.83	EIPI	Return above Treasury bills per unit of downside deviation.
Calmar	2.08	1.13	EIPI	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 128 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

10%

By the books each fund has filed, EIPI and NDIV hold 10% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.

50%

0 half 100%

half

10% in common

Positions both hold · largest shared weight first EIPI NDIV

ONEOK, Inc. 3.03% 5.00%

SunocoCorp LLC 1.37% 4.49%

MPLX LP 4.47% 1.07%

Plains All American Pipeline, L.P. 1.30% 1.00%

Energy Transfer LP 6.48% 0.89%

Enterprise Products Partners L.P. 8.56% 0.89%

Alliance Resource Partners, L.P. 0.79% 1.40%

Cheniere Energy Partners, L.P. 1.36% 0.61%

Hess Midstream LP (Class A) 0.27% 1.32%

Only in one fund ↓

Only in EIPI

Kinder Morgan, Inc. 3.97%

ExxonMobil Holdings Corp. 3.53%

Shell plc (ADR) 2.79%

Duke Energy Corporation 2.58%

National Fuel Gas Company 2.27%

EOG Resources, Inc. 2.09%

Entergy Corporation 1.95%

The Williams Companies, Inc. 1.94%

Only in NDIV

Olin Corp 6.15%

Mosaic Co 5.84%

Dow Inc 5.83%

Eastman Chemical Co 5.46%

Enbridge Inc 5.30%

Sylvamo Corp 5.21%

South Bow Corp 5.19%

Noble Corp PLC 4.90%

Check overlap with more funds →

Side by side

EIPI FT Energy Income Partners Enhanced Income ETF · Covered call on its own holdings, paying monthly NDIV Amplify Energy & Natural Resources Covered Call ETF · Covered call on its own stocks, paying monthly

Issuer First Trust Amplify

Strategy covered call covered call

Benchmark EIPI's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Nov 2, 2026) NDIV's own stocks, without the options (from its holdings of Nov 3, 2026)

Pays monthly monthly

Payout rate, annualized 6.8% 11.5%

Expense ratio 1.11% 0.59%

Cash paid, 1 year 7.7% 12.3%

Price change, 1 year +13.7% +28.1%

Total return, 1 year +21.8% +41.1%

Benchmark return, 1 year +25.6% not published

Ahead or behind −3.8 pts not available

Return of capital, latest estimate 0% 96%

Age 2.5 years 4.2 years

Net assets, as of Nov 3, 2026 $1.1bn $34m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: EIPI vs NDIV: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	EIPI	NDIV	EIPI	NDIV	EIPI	NDIV
3 months	+2.2%	+5.0%	1.7%	3.0%	+0.3 pts	not measured
6 months	+2.5%	+0.8%	3.4%	5.5%	+1.1 pts	not measured
1 year	+21.8%	+41.1%	7.7%	12.3%	−3.7 pts	not measured
3 years	–	+54.0%	–	24.0%	–	not measured
Since launchNot the same days: EIPI May 2024 · NDIV Aug 2022	+49.6%	+74.7%	24.0%	33.2%	not measured	not measured

– means no data for this window. Open this comparison in the app →

Client brief:

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

EIPI

Over the year to Nov 4, 2026, EIPI paid 7.7% of its starting value in cash distributions while its price rose 13.7%. With every distribution reinvested, the fund returned +21.8%. EIPI's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Nov 2, 2026) returned +25.6% over the same days, so a holder was behind by 3.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.8%, paid monthly. First Trust estimates that 0% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

NDIV

No 1-year comparison: a quarter's holdings filing is missing from the year.

Over the year to Nov 4, 2026, NDIV paid 12.3% of its starting value in cash distributions while its price rose 28.1%. With every distribution reinvested, the fund returned +41.1%. At its price on Nov 4, 2026 the latest distribution annualizes to 11.5%, paid monthly. Amplify estimates that 96% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, EIPI or NDIV?: Over the year to Nov 4, 2026, EIPI paid 7.7% of its starting price in cash and NDIV paid 12.3%, so NDIV paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, EIPI or NDIV?: With every distribution reinvested, EIPI returned +21.8% and NDIV +41.1% over the year to Nov 4, 2026.
Which is cheaper, EIPI or NDIV?: EIPI charges 1.11% a year and NDIV charges 0.59%, so NDIV is cheaper. Fees come from each fund's prospectus.

Other comparisons

EIPI vs MLPD EIPI vs XLYI EIPI vs XLUI EIPI vs USOY NDIV vs NUKX NDIV vs WEPN NDIV vs TDVI NDIV vs XLEI

Where to next

All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →EIPI on its own →NDIV on its own →EIPI dividend history →EIPI holdings →NDIV dividend history →NDIV holdings →Method →Standards and sources →

Sources and dates

EIPI filings on SEC EDGAR ↗

EIPI prospectus with the expense ratio (SEC) ↗

EIPI 19a-1 distribution notice ↗

First Trust page for EIPI ↗

NDIV filings on SEC EDGAR ↗

NDIV prospectus with the expense ratio (SEC) ↗

NDIV 19a-1 distribution notice ↗

Amplify page for NDIV ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, EIPI against NDIV, data as of Nov 4, 2026. https://etfiq.com/compare/income/eipi-vs-ndiv

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.