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EIPI FT Energy Income Partners Enhanced Income ETF

Covered call on XLE, paying monthly

Over the year to Sep 18, 2026, EIPI paid 7.6% in cash and still finished 26.8 points behind XLE.

First Trust · Income ETFs · data as of

Key facts

7.6%Cash paid, 1 year, on its starting price
+21.1%Total return, 1 year
−26.8 ptsAgainst XLE
6.7%Latest payout, annualized

Method

ETFIQ Return Stability Score

47.493rd of 173

EIPI paid 7.6% in cash and its price rose 12.8%, so the payout came out of returns rather than principal.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −35.8 ptsMDST −28.6 ptsBLOX −26.6 ptsYQQQ −25.3 ptsULTY −24.3 ptsSLTY −22.7 ptsGDXY −21.4 ptsTDVI −20.9 ptsTOPW −19.8 ptsHIGH −18.8 ptsACKY −17.9 ptsYMAX −16.8 ptsHISF −16.4 ptsNDIV −16.4 ptsSDVD −16.4 ptsWEEI −15.8 ptsOARK −15.2 ptsFDND −14.1 ptsSCLZ −14.0 ptsLFGY −13.6 ptsXLRI −13.6 ptsTCAL −13.5 ptsQRMI −13.3 ptsSLJY −13.2 ptsYYY −13.2 ptsYFYA −13.1 ptsHIPS −12.8 ptsJULH −12.1 ptsRNTY −12.0 ptsXLKI −12.0 ptsXBTY −11.8 ptsQUSA −11.7 ptsJULJ −11.5 ptsLJUL −11.5 ptsJANJ −11.4 ptsLJAN −11.4 ptsFGSI −11.3 ptsLOCT −11.2 ptsQLDY −11.2 ptsOCTJ −11.1 ptsCVRD −11.0 ptsIWMY −10.9 ptsJUCY −10.9 ptsAPRJ −10.5 ptsLAPR −10.5 ptsXISE −10.5 ptsXIJN −10.3 ptsAPRH −10.1 ptsJANH −10.1 ptsXIDE −10.1 ptsXLEI −10.0 ptsOCTH −9.9 ptsJEPI −9.5 ptsAIPI −9.4 ptsMAGY −9.4 ptsBAGY −9.2 ptsXIMR −9.1 ptsSRHR −8.8 ptsBUYW −8.1 ptsRDVI −8.0 ptsIAUI −7.7 ptsOVLH −7.5 ptsVEGA −7.2 ptsXV −7.1 ptsYBTC −7.1 ptsFTHI −6.9 ptsBITY −6.7 ptsXLVI −6.7 ptsXRMI −6.3 ptsIGLD −6.2 ptsFEPI −6.1 ptsYLDE −6.0 ptsGPTY −5.7 ptsKHPI −5.5 ptsQQQI −5.3 ptsSPIN −5.2 ptsTYLG −5.2 ptsSPUT −5.1 ptsETCO −4.8 ptsWTPI −4.6 ptsCAIE −4.1 ptsIQQQ −4.1 ptsPAPI −3.8 ptsBIGY −3.6 ptsJEPQ −3.2 ptsXLBI −3.2 ptsISPY −3.1 ptsIWMW −3.0 ptsWEEL −2.3 ptsGIAX −2.1 ptsDIVO −2.0 ptsKNG −1.6 ptsQDTY −1.6 ptsDFII −1.5 ptsRDTY −1.5 ptsTSPY −1.5 ptsYMAG −1.5 ptsBTCC −1.4 ptsNBOS −1.4 ptsNIHI −1.4 ptsEGGY −1.2 ptsSPYI −1.2 ptsRYLD −1.1 ptsRYLG −1.0 ptsXDTE −1.0 ptsXPAY −0.9 ptsSDTY −0.8 ptsWDTE −0.8 ptsJOYT −0.7 ptsQDTE −0.7 ptsKGLD −0.6 ptsQQQY −0.6 ptsRDTE −0.6 ptsTHTA −0.6 ptsXLII −0.6 ptsFTKI −0.5 ptsGPIQ −0.4 ptsFTQI −0.3 ptsSIXH −0.3 ptsDJIA +0.2 ptsLTTI +0.2 ptsDYLG +0.3 ptsGPIX +0.4 ptsXLFI +0.4 ptsQYLG +0.5 ptsHYBI +0.6 ptsHYTI +0.6 ptsIVVW +0.6 ptsLQTI +0.6 ptsXYLG +0.7 ptsTDAQ +1.0 ptsIWMI +1.1 ptsQYLD +1.2 ptsCSHI +1.3 ptsTLTX +1.3 ptsXYLD +1.4 ptsHYGW +1.5 ptsHYBL +1.6 ptsBNDI +1.7 ptsOVS +1.7 ptsPBP +1.9 ptsTLTI +1.9 ptsXLUI +1.9 ptsBALI +2.0 ptsBTCI +2.0 ptsCHPY +2.3 ptsOVB +2.3 ptsOVT +2.3 ptsYBIT +2.3 ptsITWO +2.4 ptsOVL +2.6 ptsYETH +2.8 ptsOVM +2.9 ptsTLTP +3.0 ptsSOXY +3.5 ptsDUBS +3.7 ptsLQDW +3.8 ptsXLYI +4.1 ptsTLTW +4.2 ptsOVF +4.5 ptsDOGG +4.6 ptsOMAH +4.9 ptsIDVO +5.2 ptsSEPI +5.2 ptsBCCC +5.9 ptsCEPI +6.0 ptsIDUB +7.2 ptsXLCI +7.9 ptsBUCK +9.6 ptsUSOY +11.6 ptsXLSI +12.5 ptsKLIP +22.5 ptsEIPI −26.8 ptsEIPI −26.8 pts−35.8 pts+22.5 pts

1.4% of the 173 sit at or below EIPI on this measure.

What happened to the principal
ETCO −75.5%XBTY −74.1%YETH −66.4%YBTC −60.1%BTCC −59.1%YBIT −58.9%BAGY −57.9%ULTY −54.1%BITY −51.5%SLTY −51.5%BCCC −48.5%BTCI −47.0%LFGY −44.7%DFII −43.7%BLOX −40.9%YMAX −40.7%TOPW −37.7%OARK −34.0%GDXY −33.1%KLIP −32.5%YMAG −28.1%YQQQ −25.7%MAGY −25.3%IWMY −24.9%CEPI −22.5%RDTY −21.8%RDTE −21.4%QLDY −20.3%QDTE −19.2%TLTX −18.5%EGGY −16.2%XLYI −15.5%ACKY −15.1%WDTE −14.8%QDTY −14.0%AIPI −13.8%TLTP −13.4%XDTE −13.4%QQQY −13.2%LTTI −12.6%XLUI −11.3%QUSA −11.0%SDTY −10.8%GIAX −10.5%FEPI −10.0%TLTW −9.9%LQTI −9.7%XLRI −9.4%TLTI −9.1%LQDW −8.8%XLCI −8.8%XV −8.8%YYY −8.8%TCAL −8.6%HIGH −8.3%FDND −8.2%GPTY −8.1%IGLD −7.9%RNTY −7.3%HIPS −7.0%HYTI −6.8%XLSI −6.5%OMAH −6.3%XLBI −6.3%IWMW −6.2%XLFI −6.2%HYGW −6.0%XPAY −5.8%HYBI −5.5%OVB −5.0%BNDI −4.9%USOY −4.8%HISF −4.7%OVT −4.3%QRMI −3.8%OVM −3.6%FGSI −3.2%HYBL −2.8%CAIE −2.5%JUCY −2.5%XRMI −2.4%BUCK −2.2%CVRD −2.2%MLPD −2.1%IAUI −2.0%IVVW −2.0%YFYA −1.7%JEPI −1.2%XLII −1.2%XIJN −0.9%WTPI −0.8%JULJ −0.6%XISE −0.6%CSHI −0.4%JULH −0.4%KNG −0.4%BIGY −0.3%LJUL −0.3%QQQI −0.1%TSPY −0.1%JANH 0.0%JANJ 0.0%LAPR 0.0%OCTH 0.0%XIDE 0.0%APRJ +0.1%LJAN +0.1%LOCT +0.1%OCTJ +0.1%APRH +0.3%FTHI +0.3%XIMR +0.5%WEEL +0.7%SRHR +1.0%SDVD +1.2%SPYI +1.2%IWMI +1.3%KHPI +1.5%BUYW +2.1%DJIA +2.4%QYLG +2.4%XYLG +2.6%YLDE +2.6%NIHI +2.8%RYLD +2.9%KGLD +3.4%TDAQ +3.4%DYLG +3.5%FTKI +3.8%XLVI +4.0%SCLZ +4.1%THTA +4.1%RYLG +4.2%PAPI +4.5%XLKI +4.6%PBP +5.5%JEPQ +5.7%SPIN +5.8%XYLD +5.9%NBOS +6.0%SPUT +6.0%DIVO +7.3%GPIX +7.4%ISPY +7.6%DOGG +8.0%FTQI +8.0%MDST +8.2%TDVI +8.2%OVF +8.3%OVS +8.5%OVLH +8.8%VEGA +8.9%QYLD +9.1%BALI +9.2%GPIQ +9.3%OVL +9.4%RDVI +9.6%ITWO +10.5%IQQQ +10.8%SLJY +12.3%XLEI +12.8%SEPI +13.4%SIXH +14.1%IDVO +14.4%JOYT +15.2%WEEI +17.3%IDUB +17.4%DUBS +17.6%NDIV +20.4%CHPY +20.6%TYLG +20.6%SOXY +64.1%EIPI +12.8%EIPI +12.8%−75.5%+64.1%

93.4% of the 173 sit at or below EIPI on this measure.

Weighted evenly, those two positions are what the score combines, across the 173 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark−26.8 pts1.450%
what happened to the principal+12.8%93.450%

All income ETFs ranked by this score · How it is computed

5th of 7 income ETFs writing on XLE, by return against it 26th of 369 income ETFs by net assets

What a holder got

EIPI against XLEEIPI returned +21.1% with distributions reinvested against +47.8% for Energy sector (XLE), used as the energy proxy, a gap of −26.8 pts. Of that, 7.6% arrived as cash rather than price.+21.1%EIPI total return+47.8%Energy sector (XLE), used as the energy proxy7.6% as cash

Over the year to Sep 18, 2026, EIPI returned +21.1% with distributions reinvested and Energy sector (XLE), used as the energy proxy returned +47.8%, so a holder came out behind it by 26.8 points. The lighter segment is the 7.6% that arrived as cash rather than as price.

Its ten largest equity positions

EIPI top ten by weight, 41.7% of its 92 equity positions, from the holdings published by its issuer for Sep 18, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the issuer’s own daily file.
HoldingTickerWeight
Enterprise Products Partners L.P.EPD8.76%
Energy Transfer LPET6.86%
MPLX LPMPLX4.67%
Kinder Morgan, Inc.KMI3.88%
ExxonMobil Holdings Corp.XOM3.50%
ONEOK, Inc.OKE3.12%
US Dollar$USD2.97%
Shell plc (ADR)SHEL2.90%
National Fuel Gas CompanyNFG2.62%
Duke Energy CorporationDUK2.43%

Method

Period by period

EIPI over each window to Sep 18, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnXLEAhead or behind
3 months1.7%+3.3%+5.1%+20.4%−15.4 pts
6 months3.4%+0.7%+4.1%+9.9%−5.8 pts
1 year7.6%+12.8%+21.1%+47.8%−26.8 pts
Since launch22.6%+21.5%+49.1%+48.0%+1.2 pts

Method

When EIPI pays

EIPI pays monthly. The last distribution was $0.125 a share, which went ex on Aug 21, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 30 days the ex-date falls near Sep 21, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for EIPI. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Sep 21, 2026Sep 23, 2026$0.125ETFIQ projection
Oct 21, 2026Oct 23, 2026$0.125ETFIQ projection
Every distribution ETFIQ holds for EIPI (13, most recent first)
Cash distributions per share for EIPI. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Aug 21, 2026$0.125
Jul 21, 2026$0.125
Jun 25, 2026$0.125
May 21, 2026$0.125
Apr 21, 2026$0.125
Mar 26, 2026$0.125
Feb 20, 2026$0.125
Jan 21, 2026$0.125
Dec 12, 2025$0.125
Nov 21, 2025$0.125
Oct 21, 2025$0.125
Sep 25, 2025$0.125
Aug 21, 2025$0.125

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on May 6, 2024, EIPI has returned +49.1% with distributions reinvested, against +48.0% for Energy sector (XLE), used as the energy proxy, and has paid out 22.6% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 6.7%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.

EIPI (FT Energy Income Partners Enhanced Income ETF), income ETFs fields as of Sep 18, 2026. Source: ETFIQ.
Strategycovered call
BenchmarkEnergy sector (XLE), used as the energy proxy (proxy)
Paysmonthly
Net assets (issuer page, as of Sep 18, 2026)$1.1bn
Latest payout, annualized (ETFIQ)6.7%
Expense ratio (485BPOS XBRL, Mar 30, 2026)1.11%
Cash paid, last 12 months, over today’s price (ETFIQ)6.7%
LaunchedMay 6, 2024
Paysmonthly
Typical gap between ex-dates30 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.125 ex Aug 21, 2026
Sum of the last 12 distributions$1.5

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has EIPI paid over the last year?
Over the year to Sep 18, 2026, EIPI paid 7.6% of its starting price in cash distributions, while the price rose 12.8%.
Is EIPI ahead of XLE?
Over the year to Sep 18, 2026, with every distribution reinvested, EIPI returned +21.1% against +47.8% for Energy sector (XLE), used as the energy proxy, so a holder was behind it by 26.8 points.
How often does EIPI pay, and how much?
EIPI pays monthly. The latest distribution annualizes to 6.7% at its price on Sep 18, 2026, which is not a promise; the next one can differ.
When does EIPI next pay a distribution?
EIPI pays monthly. The last distribution went ex on Aug 21, 2026 at $0.125 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Sep 21, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
What does EIPI cost?
The prospectus expense ratio is 1.11% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Compare EIPI

Also against GPTY, HAKY, MDST, MLPD, NDIV, NUKX, SEMY, SOXY, TDVI, TECY, TYLG, USOY, WEEI, WEPN, XLBI, XLCI, XLEI, XLFI, XLII, XLKI, XLSI, XLUI, XLVI, XLYI, YRAM.

Funds near this one

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Where EIPI is written about

EIPI, Income ETFs, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open EIPI live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, EIPI, income ETFs, data as of Sep 18, 2026. https://etfiq.com/funds/eipi Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources