ECLN vs. ATMP ETF Comparison
Comparison of First Trust EIP Carbon Impact ETF (ECLN) to Barclays ETN Plus Select MLP (ATMP)
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
$24.66
Average Daily Volume
2,589
38
ATMP
Barclays ETN Plus Select MLP
ATMP Description
ATMP is an ETN tracking a dynamic index of US and Canadian MLPs. The fund offers a concentrated basket that can include as few as 20 firms or as many as 100. ATMP takes an alternative approach to selection, as it includes both general partnerships shares and traditional limited partnerships shares. Only companies traded on major US stock exchanges can be included in the portfolio and MLPs are also screened based on factors like long-term credit ratings and cash flows generated from midstream oil & gas activities. Additionally, the index is modified market-cap-weighted and caps limited partnerships weights at 8% and general partnerships shares at 4%. The index is reconstituted and rebalanced quarterly.Grade (RS Rating)
Last Trade
$24.40
Average Daily Volume
41,512
11
Performance
| Period | ECLN | ATMP |
|---|---|---|
| 30 Days | 3.35% | 3.17% |
| 60 Days | 5.28% | 15.26% |
| 90 Days | 6.25% | 12.74% |
| 12 Months | 0.38% | 37.59% |
1 Overlapping Holdings
| Symbol | Grade | Weight in ECLN | Weight in ATMP | Overlap | |
|---|---|---|---|---|---|
| WMB | A | 2.99% | 3.89% | 2.99% |
ECLN Overweight 37 Positions Relative to ATMP
| Symbol | Grade | Weight | |
|---|---|---|---|
| DTM | A | 5.98% | |
| AEP | A | 4.61% | |
| SRE | B | 4.0% | |
| ATO | A | 3.97% | |
| TRGP | A | 3.9% | |
| SO | A | 3.85% | |
| XEL | B | 3.63% | |
| PPL | A | 3.51% | |
| WEC | A | 3.33% | |
| LNT | A | 3.28% | |
| CQP | D | 3.24% | |
| PEG | A | 3.21% | |
| CMS | A | 3.04% | |
| NFG | A | 2.79% | |
| DTE | B | 2.7% | |
| CWEN | B | 2.63% | |
| EVRG | A | 2.59% | |
| IDA | A | 2.23% | |
| OGS | B | 2.13% | |
| PWR | A | 2.09% | |
| LNG | B | 1.8% | |
| AES | A | 1.77% | |
| FLR | A | 1.32% | |
| DUK | A | 1.06% | |
| ETR | A | 1.02% | |
| NEP | D | 0.89% | |
| WTRG | B | 0.71% | |
| ES | A | 0.68% | |
| VST | A | 0.67% | |
| OGE | A | 0.63% | |
| CEG | A | 0.53% | |
| CNP | A | 0.48% | |
| CPK | A | 0.46% | |
| AWK | C | 0.38% | |
| AEE | A | 0.33% | |
| NJR | A | 0.2% | |
| EIX | A | 0.18% |
ECLN: Top Represented Industries & Keywords
ATMP: Top Represented Industries & Keywords
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