ECLN vs. RFV ETF Comparison

Comparison of First Trust EIP Carbon Impact ETF (ECLN) to Guggenheim S&P Midcap 400 Pure Value ETF (RFV)

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

$25.50

Average Daily Volume

4,304

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RFV

Guggenheim S&P Midcap 400 Pure Value ETF

RFV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P MidCap 400 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P MidCap 400 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$111.95

Average Daily Volume

13,334

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECLN	RFV
30 Days	-1.74%	-3.32%
60 Days	4.74%	0.46%
90 Days	6.31%	-3.15%
12 Months	5.59%	14.00%

1 Overlapping Holdings

	Symbol	Grade	Weight in ECLN	Weight in RFV	Overlap
	FLR	A	1.41%	1.1%	1.1%

ECLN Overweight 37 Positions Relative to RFV

Symbol	Grade	Weight
DTM	A	6.14%
AEP	C	4.49%
SRE	B	4.13%
SO	B	4.02%
TRGP	B	4.01%
ATO	B	3.8%
PPL	C	3.49%
XEL	D	3.39%
CQP	D	3.15%
LNT	C	3.15%
WMB	B	3.11%
PEG	B	3.06%
WEC	D	3.05%
CMS	D	2.88%
CWEN	B	2.81%
NFG	C	2.72%
DTE	C	2.65%
EVRG	D	2.53%
PWR	B	2.23%
IDA	D	2.1%
OGS	F	1.95%
AES	C	1.94%
LNG	B	1.73%
DUK	C	1.05%
ETR	D	0.98%
NEP	F	0.86%
VST	C	0.8%
WTRG	C	0.71%
OGE	B	0.63%
ES	D	0.63%
CEG	B	0.59%
CNP	A	0.5%
CPK	D	0.44%
AWK	B	0.4%
AEE	D	0.3%
NJR	D	0.19%
EIX	D	0.18%

ECLN Underweight 87 Positions Relative to RFV

Symbol	Grade	Weight
SNX	B	-2.97%
AVT	B	-2.79%
PBF	F	-2.68%
M	D	-2.63%
MTZ	B	-2.26%
ARW	C	-2.25%
X	F	-2.18%
DINO	D	-2.05%
THC	B	-2.05%
JWN	B	-2.03%
JLL	B	-1.98%
AN	C	-1.95%
LAD	F	-1.95%
GT	F	-1.86%
USFD	B	-1.8%
MAN	D	-1.75%
AA	B	-1.75%
PFGC	D	-1.6%
GHC	D	-1.57%
PPC	C	-1.5%
UNM	C	-1.5%
ADNT	F	-1.49%
WCC	D	-1.49%
ALLY	B	-1.48%
TMHC	D	-1.47%
ARMK	A	-1.4%
KD	B	-1.38%
MDU	B	-1.37%
R	C	-1.36%
CLF	F	-1.28%
RGA	B	-1.23%
KMPR	C	-1.21%
PVH	C	-1.21%
ASB	D	-1.16%
JEF	B	-1.16%
LEA	F	-1.15%
PAG	D	-1.13%
CMC	C	-1.06%
CUZ	C	-1.0%
WHR	D	-0.97%
FYBR	B	-0.96%
FNB	C	-0.94%
THO	F	-0.92%
COHR	B	-0.9%
ZION	D	-0.89%
HOG	D	-0.88%
KRC	F	-0.87%
PRGO	F	-0.86%
GPS	C	-0.84%
HTZ	F	-0.83%
POST	C	-0.83%
AR	C	-0.82%
PENN	C	-0.8%
VAC	F	-0.79%
FHN	C	-0.79%
CHK	D	-0.74%
JHG	B	-0.73%
UGI	D	-0.73%
BJ	B	-0.71%
ONB	C	-0.71%
IRT	A	-0.71%
VLY	F	-0.7%
GEF	F	-0.68%
SWX	D	-0.67%
ENOV	F	-0.66%
PB	D	-0.64%
TGNA	D	-0.64%
TCBI	D	-0.64%
OSK	C	-0.59%
ORI	C	-0.55%
CNO	C	-0.55%
AGCO	F	-0.54%
VSH	F	-0.53%
BKH	C	-0.53%
NOV	D	-0.51%
WBS	D	-0.5%
NVST	F	-0.49%
BERY	B	-0.48%
WERN	F	-0.48%
FAF	D	-0.46%
SR	D	-0.45%
KNX	C	-0.43%
NYCB	F	-0.39%
CNXC	C	-0.36%
UAA	C	-0.34%
UA	C	-0.34%
LEG	F	-0.23%