DIVP vs. ECLN ETF Comparison

Comparison of Cullen Enhanced Equity Income ETF (DIVP) to First Trust EIP Carbon Impact ETF (ECLN)
DIVP

Cullen Enhanced Equity Income ETF

DIVP Description

DIVP invests in large- and mid-cap value stocks that generally have higher dividend yield than the average of the funds US benchmark. The fund identifies value stocks that have low price-to-earnings ratio with above-average earnings and dividend growth potential. Companies are screened using fundamental research. The fund may invest up to 30% in non-US companies in the form of ADRs. While the portfolio is not rebalanced systematically, weighting is roughly equal to avoid overweighting of individual securities. To generate additional income, the fund selectively writes covered call options with a target range of between 25-40%. However, the covered call overlay limits participation in potential gains if shares increase in value. The adviser may sell stocks that are no longer viewed as attractive based on growth potential, dividend yield, or price. As an actively managed ETF, the fund manager has full discretion to make buy, hold, or sell decisions at any time.

Grade (RS Rating)

Last Trade

$25.29

Average Daily Volume

6,924

Number of Holdings *

10

* may have additional holdings in another (foreign) market
ECLN

First Trust EIP Carbon Impact ETF

ECLN Description The investment seeks to achieve a competitive risk-adjusted total return balanced between dividends and capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in the equity securities of companies identified by the fund's investment sub-advisor as having or seeking to have a positive carbon impact. Its investments will be concentrated in the industries constituting the energy infrastructure sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.08

Average Daily Volume

2,527

Number of Holdings *

38

* may have additional holdings in another (foreign) market
Performance
Period DIVP ECLN
30 Days 0.09% 2.39%
60 Days 6.85%
90 Days 7.76%
12 Months 2.48%
2 Overlapping Holdings
Symbol Grade Weight in DIVP Weight in ECLN Overlap
DUK A 3.78% 1.07% 1.07%
PPL A 3.98% 3.5% 3.5%
DIVP Overweight 8 Positions Relative to ECLN
Symbol Grade Weight
EOG B 4.25%
VZ D 4.03%
MDT C 3.99%
CSCO F 3.98%
VICI D 3.73%
CAG B 3.62%
CVX B 3.56%
BMY F 3.54%
DIVP Underweight 36 Positions Relative to ECLN
Symbol Grade Weight
DTM B -5.9%
AEP A -4.71%
SRE B -4.07%
ATO A -3.96%
SO A -3.92%
TRGP B -3.91%
XEL C -3.63%
WEC B -3.32%
LNT B -3.28%
CQP C -3.22%
PEG A -3.19%
CMS A -3.02%
WMB B -3.0%
NFG A -2.85%
DTE A -2.75%
CWEN B -2.65%
EVRG B -2.59%
IDA B -2.24%
OGS B -2.16%
PWR A -2.06%
AES B -1.83%
LNG D -1.74%
FLR C -1.29%
ETR A -1.01%
NEP C -0.93%
WTRG B -0.72%
ES B -0.68%
VST A -0.67%
OGE A -0.63%
CEG A -0.51%
CNP A -0.49%
CPK B -0.47%
AWK B -0.38%
AEE C -0.33%
NJR B -0.2%
EIX A -0.18%
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