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

Number of Holdings *

41

* may have additional holdings in another (foreign) market
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

Number of Holdings *

21

* may have additional holdings in another (foreign) market
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%
5 Overlapping Holdings
Symbol Grade Weight in ECLN Weight in MLPX Overlap
CQP B 2.95% 1.09% 1.09%
DTM B 4.65% 5.1% 4.65%
LNG B 1.1% 6.92% 1.1%
TRGP B 2.29% 5.31% 2.29%
WMB A 2.16% 9.92% 2.16%
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 Underweight 16 Positions Relative to MLPX
Symbol Grade Weight
OKE A -9.73%
KMI A -7.23%
MPLX A -4.22%
ET A -4.11%
EPD A -4.08%
PAA B -3.79%
WES C -3.69%
AM A -2.97%
PAGP A -2.02%
AROC B -2.01%
ENLC A -1.99%
HESM B -1.57%
KNTK B -1.2%
NEXT B -0.68%
NFE D -0.47%
DKL C -0.25%
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