ECLN vs. RNEW ETF Comparison
Comparison of First Trust EIP Carbon Impact ETF (ECLN) to VanEck Green Infrastructure ETF (RNEW)
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
RNEW
VanEck Green Infrastructure ETF
RNEW Description
The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.65
Average Daily Volume
133
39
Performance
Period | ECLN | RNEW |
---|---|---|
30 Days | 5.02% | 7.86% |
60 Days | 6.04% | 1.22% |
90 Days | 11.17% | 0.45% |
12 Months | 32.70% | 14.52% |
ECLN Overweight 36 Positions Relative to RNEW
Symbol | Grade | Weight | |
---|---|---|---|
AEP | D | 5.39% | |
DTM | B | 4.65% | |
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% | |
CQP | B | 2.95% | |
NFG | A | 2.92% | |
ETR | B | 2.83% | |
AEE | A | 2.74% | |
EVRG | A | 2.49% | |
AES | F | 2.31% | |
TRGP | B | 2.29% | |
WMB | A | 2.16% | |
OGS | A | 2.04% | |
ATO | A | 2.03% | |
WEC | A | 1.99% | |
FLR | B | 1.9% | |
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% | |
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 34 Positions Relative to RNEW
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | B | -9.84% | |
RSG | A | -5.75% | |
CLH | B | -5.66% | |
WM | A | -5.6% | |
ECL | D | -5.24% | |
DCI | B | -4.9% | |
RIVN | F | -4.4% | |
BWA | D | -4.19% | |
FSLR | F | -3.35% | |
CWST | A | -3.29% | |
SWX | B | -2.97% | |
ITRI | B | -2.83% | |
BE | B | -2.77% | |
LCID | F | -2.64% | |
ORA | B | -2.56% | |
ENPH | F | -2.39% | |
NWE | B | -1.82% | |
RUN | F | -1.19% | |
NFE | D | -0.98% | |
PLUG | F | -0.79% | |
SPH | B | -0.61% | |
ARRY | C | -0.52% | |
AMRC | F | -0.49% | |
ERII | D | -0.45% | |
REX | D | -0.43% | |
SHLS | F | -0.39% | |
GPRE | F | -0.37% | |
AMPS | C | -0.33% | |
CLNE | D | -0.32% | |
MEG | F | -0.32% | |
MNTK | F | -0.31% | |
CHPT | F | -0.25% | |
NOVA | F | -0.24% | |
SES | F | -0.05% |
ECLN: Top Represented Industries & Keywords
RNEW: Top Represented Industries & Keywords