ECLN vs. SMIG ETF Comparison

Comparison of First Trust EIP Carbon Impact ETF (ECLN) to AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG)

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

$25.49

Average Daily Volume

2,363

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMIG

AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF

SMIG Description

ETF Series Solutions - AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Advisors Asset Management, Inc. and Bahl & Gaynor, Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization, within the market capitalization range of the Russell 2500 Index. The fund invests in dividend paying stocks of companies. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. ETF Series Solutions - AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$26.64

Average Daily Volume

64,755

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECLN	SMIG
30 Days	4.36%	-0.05%
60 Days	6.84%	2.11%
90 Days	12.01%	7.03%
12 Months	2.66%	20.10%

4 Overlapping Holdings

Symbol	Grade	Weight in ECLN	Weight in SMIG	Overlap
ATO	A	3.92%	1.91%	1.91%
CMS	A	3.04%	0.89%	0.89%
LNT	B	3.28%	1.85%	1.85%
TRGP	B	3.73%	3.57%	3.57%

ECLN Overweight 34 Positions Relative to SMIG

Symbol	Grade	Weight
DTM	A	5.69%
AEP	A	4.76%
SRE	B	4.07%
SO	A	3.95%
PPL	A	3.52%
XEL	C	3.49%
CQP	C	3.31%
WEC	B	3.3%
PEG	A	3.29%
WMB	B	2.91%
NFG	A	2.78%
DTE	A	2.72%
CWEN	B	2.65%
EVRG	B	2.61%
IDA	B	2.23%
OGS	B	2.17%
PWR	A	2.05%
AES	B	1.97%
LNG	D	1.75%
FLR	C	1.3%
DUK	A	1.06%
ETR	A	1.01%
NEP	C	0.92%
VST	B	0.75%
WTRG	B	0.73%
ES	B	0.67%
OGE	A	0.63%
CEG	B	0.51%
CNP	B	0.49%
CPK	B	0.48%
AWK	B	0.39%
AEE	B	0.33%
NJR	B	0.2%
EIX	A	0.18%

ECLN Underweight 40 Positions Relative to SMIG

Symbol	Grade	Weight
BAH	B	-5.17%
HUBB	D	-4.78%
VCTR	A	-4.41%
BR	C	-4.3%
WSO	B	-3.82%
SNA	D	-3.74%
DOX	D	-3.62%
HIG	C	-3.28%
DGX	B	-3.12%
NI	A	-3.09%
PKG	D	-3.04%
AVY	A	-2.94%
EVR	C	-2.91%
PRGO	D	-2.88%
IPAR	D	-2.79%
NTAP	B	-2.44%
AFG	D	-2.41%
LANC	D	-2.25%
ADC	B	-2.25%
AVT	A	-2.09%
HOMB	B	-2.02%
PAGP	B	-1.94%
RPM	D	-1.85%
TRNO	D	-1.8%
CSGS	F	-1.71%
TXRH	B	-1.66%
CAG	B	-1.6%
CBOE	C	-1.59%
AVNT	B	-1.52%
NXST	C	-1.51%
FFBC	B	-1.37%
PAG	F	-1.16%
ELS	D	-1.1%
NSP	B	-1.07%
MTH	A	-0.96%
SON	C	-0.87%
HBAN	A	-0.65%
TSCO	B	-0.55%
USPH	C	-0.54%
IPG	D	-0.34%