ECLN vs. MLPX ETF Comparison
Comparison of First Trust EIP Carbon Impact ETF (ECLN) to Global X MLP & Energy Infrastructure ETF (MLPX)
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
$30.91
Average Daily Volume
6,963
41
MLPX
Global X MLP & Energy Infrastructure ETF
MLPX Description
The investment seeks to provide investment results that correspond generally to the price and yield performance of the Solactive MLP & Energy Infrastructure Index. The fund invests at least 80% of its total assets in the securities of the underlying index. It also invests at least 80% of its total assets in securities of master limited partnerships and energy infrastructure corporations. The fund's 80% investment policies are non-fundamental and require 60 days' prior written notice to shareholders before it can be changed. The underlying index tracks the performance of MLPs and energy infrastructure corporations. It is non-diversified.Grade (RS Rating)
Last Trade
$64.20
Average Daily Volume
324,037
21
Performance
Period | ECLN | MLPX |
---|---|---|
30 Days | 5.02% | 13.73% |
60 Days | 6.04% | 17.56% |
90 Days | 11.17% | 21.61% |
12 Months | 32.70% | 53.17% |
ECLN Overweight 36 Positions Relative to MLPX
Symbol | Grade | Weight | |
---|---|---|---|
AEP | D | 5.39% | |
D | C | 3.71% | |
XEL | A | 3.71% | |
PPL | B | 3.53% | |
SRE | A | 3.46% | |
DTE | C | 3.39% | |
DUK | C | 3.37% | |
VST | B | 3.13% | |
PEG | A | 3.13% | |
NFG | A | 2.92% | |
ETR | B | 2.83% | |
CWEN | C | 2.78% | |
AEE | A | 2.74% | |
EVRG | A | 2.49% | |
AES | F | 2.31% | |
OGS | A | 2.04% | |
ATO | A | 2.03% | |
WEC | A | 1.99% | |
PWR | A | 1.96% | |
FLR | B | 1.9% | |
IDA | A | 1.79% | |
J | F | 1.76% | |
CMS | C | 1.56% | |
LNT | A | 1.51% | |
SO | D | 0.93% | |
CEG | D | 0.93% | |
OGE | B | 0.64% | |
WTRG | B | 0.62% | |
NEP | F | 0.59% | |
GNRC | B | 0.55% | |
CPK | A | 0.46% | |
NEE | D | 0.45% | |
CNP | B | 0.43% | |
AWK | D | 0.35% | |
EIX | B | 0.18% | |
NJR | A | 0.18% |
ECLN: Top Represented Industries & Keywords
MLPX: Top Represented Industries & Keywords