ECLN vs. PBW ETF Comparison

Comparison of First Trust EIP Carbon Impact ETF (ECLN) to PowerShares WilderHill Clean Energy Portfolio (PBW)

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

$23.73

Average Daily Volume

3,534

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PBW

PowerShares WilderHill Clean Energy Portfolio

PBW Description

The PowerShares WilderHill Clean Energy Portfolio (Fund) is based on the WilderHill Clean Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to deliver capital appreciation through the selection of companies that focus on greener and generally renewable sources of energy and technologies that facilitate cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$20.13

Average Daily Volume

262,470

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECLN	PBW
30 Days	0.40%	-5.14%
60 Days	2.01%	-19.54%
90 Days	0.65%	-14.64%
12 Months	-5.03%	-44.12%

1 Overlapping Holdings

	Symbol	Grade	Weight in ECLN	Weight in PBW	Overlap
	PWR	B	2.12%	1.41%	1.41%

ECLN Overweight 37 Positions Relative to PBW

Symbol	Grade	Weight
DTM	A	5.97%
AEP	C	4.65%
SRE	D	4.06%
ATO	C	3.93%
TRGP	A	3.92%
SO	B	3.78%
XEL	F	3.61%
PPL	B	3.52%
WEC	D	3.28%
LNT	D	3.25%
PEG	A	3.23%
CQP	F	3.22%
WMB	B	3.04%
CMS	C	2.98%
NFG	A	2.81%
CWEN	C	2.7%
DTE	C	2.69%
EVRG	C	2.61%
IDA	D	2.21%
OGS	C	2.14%
AES	C	1.9%
LNG	D	1.79%
FLR	B	1.36%
DUK	B	1.05%
ETR	A	1.02%
NEP	D	0.91%
WTRG	D	0.7%
VST	B	0.68%
ES	C	0.67%
OGE	D	0.62%
CEG	A	0.54%
CNP	D	0.47%
CPK	D	0.45%
AWK	F	0.38%
AEE	C	0.32%
NJR	C	0.19%
EIX	B	0.18%

ECLN Underweight 58 Positions Relative to PBW

Symbol	Grade	Weight
FREY	D	-1.97%
FSLR	A	-1.95%
MP	C	-1.8%
BE	C	-1.76%
SLDP	D	-1.75%
ARRY	D	-1.74%
PLL	F	-1.68%
FLNC	F	-1.66%
JKS	F	-1.64%
LNZA	F	-1.64%
AMRC	D	-1.64%
AMPS	F	-1.63%
ORA	F	-1.61%
SEDG	F	-1.57%
CSIQ	F	-1.55%
WBX	D	-1.55%
QS	F	-1.54%
ENPH	F	-1.53%
BELFB	D	-1.51%
ALB	C	-1.51%
AEIS	F	-1.5%
FCEL	F	-1.5%
SQM	C	-1.49%
SLI	F	-1.48%
THRM	D	-1.48%
TSLA	F	-1.47%
LEV	F	-1.47%
ESE	D	-1.47%
WOLF	D	-1.45%
MYRG	B	-1.44%
RUN	F	-1.42%
NOVA	F	-1.42%
OLED	D	-1.42%
ITRI	A	-1.41%
PSNY	F	-1.41%
PLPC	F	-1.39%
SES	D	-1.38%
JOBY	F	-1.36%
RIVN	F	-1.36%
NIO	F	-1.35%
BLNK	F	-1.35%
AMSC	D	-1.34%
CHPT	F	-1.33%
ENVX	F	-1.33%
PLUG	F	-1.32%
NAAS	F	-1.32%
STEM	F	-1.29%
XPEV	F	-1.24%
ACHR	F	-1.21%
SHLS	F	-1.19%
RNW	F	-1.19%
NRGV	F	-1.17%
SPWR	F	-1.16%
EOSE	F	-1.15%
AMPX	F	-1.02%
SOL	C	-0.55%
TPIC	F	-0.46%
MAXN	F	-0.39%