ECLN vs. PXE ETF Comparison

Comparison of First Trust EIP Carbon Impact ETF (ECLN) to PowerShares Dynamic Energy E&P (PXE)

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

$24.54

Average Daily Volume

2,589

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PXE

PowerShares Dynamic Energy E&P

PXE Description

The PowerShares Energy Exploration & Production Portfolio (Fund) is based on the Dynamic Energy Exploration & Production IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is composed of stocks of 30 U.S. companies involved in the exploration and production of natural resources used to produce energy. These companies are engaged principally in exploration, extraction and production of crude oil and natural gas from land-based or offshore wells. These companies include petroleum refineries that process the crude oil into finished products, such as gasoline and automotive lubricants, and companies involved in gathering and processing natural gas, and manufacturing natural gas liquid. The Fund is rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$35.92

Average Daily Volume

47,467

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECLN	PXE
30 Days	0.93%	1.76%
60 Days	6.40%	12.89%
90 Days	5.76%	18.07%
12 Months	-1.12%	41.79%

1 Overlapping Holdings

	Symbol	Grade	Weight in ECLN	Weight in PXE	Overlap
	NFG	A	2.79%	2.6%	2.6%

ECLN Overweight 37 Positions Relative to PXE

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	B	3.33%
LNT	A	3.28%
CQP	C	3.24%
PEG	A	3.21%
CMS	A	3.04%
WMB	A	2.99%
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	B	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	B	0.33%
NJR	A	0.2%
EIX	A	0.18%

ECLN Underweight 28 Positions Relative to PXE

Symbol	Grade	Weight
VLO	B	-5.35%
MPC	B	-5.28%
DVN	A	-5.27%
COP	A	-5.19%
EOG	A	-5.18%
FANG	A	-5.05%
CTRA	A	-4.92%
PSX	B	-4.83%
SM	A	-3.0%
CRK	A	-2.97%
CNX	A	-2.92%
PBF	A	-2.9%
PR	A	-2.9%
MRO	B	-2.87%
MUR	A	-2.84%
OVV	A	-2.82%
GPOR	A	-2.79%
RRC	A	-2.76%
CHK	A	-2.73%
MTDR	A	-2.67%
CHRD	A	-2.65%
DK	B	-2.61%
APA	B	-2.54%
CRC	A	-2.45%
CRGY	F	-2.39%
DINO	D	-2.3%
CVI	D	-2.29%
PARR	D	-1.98%

PXE: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing