EIPX vs. PAPI ETF Comparison

Comparison of FT Energy Income Partners Strategy ETF (EIPX) to Parametric Equity Premium Income ETF (PAPI)

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

$26.49

Average Daily Volume

17,792

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	EIPX	PAPI
30 Days	8.18%	3.08%
60 Days	8.18%	3.73%
90 Days	9.76%	4.88%
12 Months	28.96%	19.25%

26 Overlapping Holdings

Symbol	Grade	Weight in EIPX	Weight in PAPI	Overlap
AEE	A	0.33%	0.54%	0.33%
AEP	D	1.4%	0.5%	0.5%
ATO	A	0.52%	0.53%	0.52%
CTRA	B	0.79%	0.57%	0.57%
DINO	D	0.35%	0.51%	0.35%
DTM	B	1.51%	0.62%	0.62%
EOG	A	1.98%	0.56%	0.56%
EVRG	A	0.96%	0.55%	0.55%
HP	B	0.64%	0.52%	0.52%
IDA	A	0.35%	0.59%	0.35%
INSW	F	0.37%	0.44%	0.37%
KMI	A	3.37%	0.58%	0.58%
LNT	A	0.77%	0.52%	0.52%
NFG	A	2.35%	0.52%	0.52%
OGS	A	0.12%	0.54%	0.12%
OKE	A	3.02%	0.61%	0.61%
PEG	A	0.49%	0.52%	0.49%
PPL	B	0.84%	0.55%	0.55%
PSX	C	0.27%	0.52%	0.27%
SO	D	0.47%	0.5%	0.47%
SRE	A	2.18%	0.57%	0.57%
VLO	C	0.23%	0.55%	0.23%
WEC	A	0.73%	0.52%	0.52%
WMB	A	1.04%	0.58%	0.58%
XEL	A	0.08%	0.57%	0.08%
XOM	B	3.81%	0.52%	0.52%

EIPX Overweight 41 Positions Relative to PAPI

Symbol	Grade	Weight
EPD	A	7.13%
ET	A	5.3%
TTE	F	4.46%
MPLX	A	3.92%
PAGP	A	2.78%
BP	D	2.15%
TRGP	B	1.99%
CQP	B	1.88%
SLB	C	1.72%
VST	B	1.57%
PWR	A	1.45%
AROC	B	1.23%
HAL	C	1.19%
LNG	B	1.07%
SUN	B	0.95%
FTI	A	0.91%
CWEN	C	0.83%
FANG	D	0.82%
AES	F	0.8%
RRC	B	0.75%
ARLP	A	0.69%
EQT	B	0.61%
ETR	B	0.61%
NOV	C	0.58%
WHD	B	0.54%
NRP	B	0.53%
FLR	B	0.53%
NEP	F	0.49%
NEE	D	0.49%
WTRG	B	0.46%
KRP	B	0.45%
CNP	B	0.31%
SM	B	0.27%
MPC	D	0.27%
DTE	C	0.27%
CMS	C	0.25%
PTEN	C	0.25%
USAC	B	0.23%
DHT	F	0.23%
FRO	F	0.2%
ECO	F	0.19%

EIPX Underweight 163 Positions Relative to PAPI

Symbol	Grade	Weight
GRMN	B	-0.65%
SNA	A	-0.63%
IP	B	-0.63%
BKR	B	-0.62%
EMR	A	-0.61%
UNM	A	-0.61%
IDCC	A	-0.61%
PINC	B	-0.6%
FOX	A	-0.59%
CFR	B	-0.59%
TAP	C	-0.59%
EA	A	-0.59%
PB	A	-0.59%
MO	A	-0.59%
CINF	A	-0.58%
JHG	A	-0.58%
JCI	C	-0.58%
WHR	B	-0.57%
RHI	B	-0.57%
TRV	B	-0.57%
RF	A	-0.57%
DGX	A	-0.57%
SYK	C	-0.57%
LH	C	-0.57%
TXRH	C	-0.57%
FOXA	B	-0.57%
CVX	A	-0.57%
CMI	A	-0.57%
FAST	B	-0.56%
WSO	A	-0.56%
CAH	B	-0.56%
RS	B	-0.56%
PKG	A	-0.56%
PM	B	-0.56%
TROW	B	-0.56%
COP	C	-0.56%
DCI	B	-0.55%
INGR	B	-0.55%
UNH	C	-0.55%
GGG	B	-0.55%
OGE	B	-0.55%
T	A	-0.55%
GNTX	C	-0.54%
MOS	F	-0.54%
PAG	B	-0.54%
CMCSA	B	-0.54%
COR	B	-0.54%
ORI	A	-0.54%
WMT	A	-0.54%
CSCO	B	-0.54%
COST	B	-0.54%
CHD	B	-0.54%
AFG	A	-0.54%
DRI	B	-0.54%
TJX	A	-0.54%
ADP	B	-0.54%
MTN	C	-0.54%
MSFT	F	-0.53%
CTSH	B	-0.53%
LHX	C	-0.53%
AM	A	-0.53%
GILD	C	-0.53%
TXN	C	-0.53%
PRU	A	-0.53%
PAYX	C	-0.53%
MSM	C	-0.53%
COLM	B	-0.53%
HPE	B	-0.53%
GLW	B	-0.53%
BMI	B	-0.52%
ROP	B	-0.52%
ABT	B	-0.52%
PG	A	-0.52%
ATR	B	-0.52%
UPS	C	-0.52%
HPQ	B	-0.52%
EXPD	D	-0.52%
CHRD	D	-0.52%
CME	A	-0.52%
POR	C	-0.51%
AVT	C	-0.51%
DD	D	-0.51%
CALM	A	-0.51%
DLB	B	-0.51%
HIG	B	-0.51%
FNF	B	-0.51%
APD	A	-0.51%
LKQ	D	-0.51%
OXM	D	-0.51%
MDT	D	-0.51%
CTVA	C	-0.5%
BDX	F	-0.5%
JNJ	D	-0.5%
DUK	C	-0.5%
RTX	C	-0.5%
POWI	D	-0.5%
NYT	C	-0.5%
DVN	F	-0.5%
FE	C	-0.5%
GD	F	-0.5%
ACN	C	-0.5%
VZ	C	-0.5%
CCOI	B	-0.5%
SNX	C	-0.5%
PFG	D	-0.5%
RGLD	C	-0.5%
BG	F	-0.5%
D	C	-0.5%
MTG	C	-0.5%
AFL	B	-0.5%
DOX	D	-0.49%
OMC	C	-0.49%
CHE	D	-0.49%
KMB	D	-0.49%
BBY	D	-0.49%
PPG	F	-0.49%
SON	D	-0.49%
FLO	D	-0.49%
LIN	D	-0.49%
JKHY	D	-0.49%
EMN	D	-0.49%
QCOM	F	-0.49%
HRL	D	-0.49%
CAG	D	-0.48%
LYB	F	-0.48%
AOS	F	-0.48%
WEN	D	-0.48%
ADI	D	-0.48%
ED	D	-0.48%
PEP	F	-0.48%
RPRX	D	-0.48%
LEA	D	-0.48%
WU	D	-0.48%
SHOO	D	-0.47%
AMCR	D	-0.47%
LEN	D	-0.47%
CI	F	-0.47%
ADM	D	-0.47%
KDP	D	-0.46%
ABBV	D	-0.46%
ASH	D	-0.46%
FMC	D	-0.46%
HAS	D	-0.46%
KHC	F	-0.46%
MRK	F	-0.46%
IBM	C	-0.46%
IPG	D	-0.45%
SWKS	F	-0.45%
GPC	D	-0.45%
KO	D	-0.45%
DHR	F	-0.45%
ESNT	D	-0.45%
HUN	F	-0.44%
MAN	D	-0.44%
DOW	F	-0.44%
PFE	D	-0.44%
PII	D	-0.43%
ELV	F	-0.43%
CVI	F	-0.42%
CRI	D	-0.41%
HII	D	-0.39%
NEM	D	-0.38%
SCCO	F	-0.0%