First Trust EIP Power Solutions ETF (FPWR) Performance
FPWR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.1% since Dec 31, 2025
- 1 year
- +11.6% total return
- 5 years
- +11.2% a year
- Since first price
- +11.1% a year since 2019
FPWR trailing returns vs SPY, QQQ, AGG
| Period | FPWR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +5.7% | +5.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.5% | −3.1% | +3.2% | +1.9% | −0.4% |
| 6 months | −0.9% | −2.0% | +7.8% | +8.4% | −1.5% |
| YTD | +13.1% | +11.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.6% | +9.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +77.6%+21.1%/yr | +65.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +69.8%+11.2%/yr | +51.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionAug 20, 2019 | +113.3%+11.1%/yr | +83.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FPWR vs SPY
From Aug 20, 2019: FPWR grew to $21,326, SPY to $29,088.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FPWR returns by calendar year
5 of 6 full years positive. Best 2024 (+22.6%), worst 2023 (−3.4%). 2026 is year to date.
FPWR annual returns table
| Year | FPWR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.1% | −9.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +16.8% | −8.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +22.6% | −8.5% | +24.9% | +25.6% | +1.3% |
| 2023 | −3.4% | −16.1% | +26.2% | +54.9% | +5.7% |
| 2022 | +5.4% | −15.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +12.3% | −8.6% | +28.7% | +27.4% | −1.8% |
| 2020 | +9.0% | −32.3% | +18.3% | +48.6% | +7.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FPWR largest drawdowns
Now 2.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 18, 2020 | −32.3% | Mar 23, 2020 | Nov 9, 2020 | 34 days | 9 months |
| Sep 12, 2022 | −19.8% | Oct 3, 2023 | Jul 26, 2024 | 1.1 years | 1.9 years |
| Apr 8, 2022 | −13.2% | Jun 17, 2022 | Aug 12, 2022 | 2 months | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FPWR risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +17.6% | +10.8% | +9.9% |
| Volatility (annualized) | 12.6% | 14.3% | 14.6% |
| Sharpe ratio | 1.02 | 0.54 | 0.54 |
| Sortino ratio | 1.79 | 0.84 | 0.82 |
| Best month | +9.0% | +9.0% | +9.0% |
| Worst month | −6.9% | −8.7% | −9.6% |
| Best 12 months | +34.4% | +34.4% | +34.4% |
| Worst 12 months | +5.2% | −8.4% | −8.4% |
| Positive months | 67% | 63% | 61% |
| Beta vs S&P 500 | 0.30 | 0.56 | — |
| Correlation with S&P 500 | 0.30 | 0.61 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FPWR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 75 | −8.4% | +13.2% | +34.4% | 83% |
| 3-year (a year) | 51 | +3.1% | +9.5% | +20.5% | 100% |
| 5-year (a year) | 27 | +8.3% | +11.6% | +14.5% | 100% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
FPWR performance overview
First Trust EIP Power Solutions ETF (FPWR) returned +11.6% over the past year and +11.2% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +11.1% a year, turning $10,000 into about $21,326. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −32.3%, from Feb 18, 2020 to Mar 23, 2020, and it took 8 months to get back to the old high. FPWR finished 5 of its 6 full calendar years with a gain; the best year was 2024 (+22.6%) and the worst 2023 (−3.4%). Volatility has been 14.6% a year.
Related: FPWR chart, FPWR holdings, FPWR dividends, FPWR valuation. See the FPWR overview for the latest quote and fund facts.
FPWR performance FAQ
What is the FPWR return over the past year?
FPWR returned +11.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.2%.
What is the average annual return of FPWR?
FPWR has returned +11.2% a year over 5 years, +11.1% a year since August 20, 2019 (total return, distributions reinvested).
How much would $10,000 invested in FPWR be worth?
$10,000 invested in FPWR at its first recorded close on August 20, 2019 would be worth about $21,326 on October 23, 2026 with distributions reinvested.
What was the worst year for FPWR?
The worst calendar year was 2023, with a total return of −3.4%. The best was 2024 at +22.6%.
What is the biggest drawdown of FPWR?
The largest peak-to-trough decline was −32.3% between February 18, 2020 and March 23, 2020. It recovered to the old high on November 9, 2020, 8 months after the bottom.
How volatile is FPWR?
Over the past 3 years FPWR had an annualized volatility of 12.6% and a Sharpe ratio of 1.02 (excess return over 1–3 month T-bills per unit of risk).