ECLN vs. TOLZ ETF Comparison

Comparison of First Trust EIP Carbon Impact ETF (ECLN) to ProShares DJ Brookfield Global Infrastructure ETF (TOLZ)

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

6,965

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TOLZ

ProShares DJ Brookfield Global Infrastructure ETF

TOLZ Description

The investment seeks investment results before fees and expenses that track the performance of the Dow Jones Brookfield Global Infrastructure Composite Index (the "index"). The index consists of companies domiciled globally that qualify as "pure-play" infrastructure companies-companies whose primary business is the ownership and operation of infrastructure assets, activities that generally generate long-term stable cash flows. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities.

Grade (RS Rating)

Last Trade

$52.08

Average Daily Volume

28,533

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECLN	TOLZ
30 Days	5.35%	2.89%
60 Days	7.15%	3.57%
90 Days	11.18%	6.07%
12 Months	32.72%	22.60%

14 Overlapping Holdings

Symbol	Grade	Weight in ECLN	Weight in TOLZ	Overlap
ATO	A	4.01%	1.21%	1.21%
AWK	C	0.35%	1.42%	0.35%
CNP	A	0.41%	1.08%	0.41%
CPK	A	0.46%	0.15%	0.15%
CQP	B	2.84%	0.11%	0.11%
DTM	A	6.56%	0.53%	0.53%
EIX	B	0.18%	1.73%	0.18%
LNG	A	1.95%	2.59%	1.95%
NJR	A	0.18%	0.25%	0.18%
OGS	A	2.05%	0.24%	0.24%
SRE	A	4.29%	3.14%	3.14%
TRGP	A	5.36%	2.32%	2.32%
WMB	A	3.57%	3.76%	3.57%
WTRG	B	0.64%	0.52%	0.52%

ECLN Overweight 26 Positions Relative to TOLZ

Symbol	Grade	Weight
XEL	A	3.71%
PPL	A	3.52%
AEP	C	3.48%
WEC	A	3.27%
PEG	A	3.1%
LNT	A	2.88%
CMS	C	2.83%
CWEN	C	2.63%
NFG	A	2.6%
DTE	C	2.43%
EVRG	A	2.37%
IDA	A	2.28%
PWR	A	2.21%
AES	F	1.95%
VST	A	1.84%
FLR	B	1.31%
ETR	B	1.18%
DUK	C	1.0%
CEG	C	0.96%
SO	C	0.95%
OGE	A	0.66%
NEP	F	0.65%
GNRC	C	0.6%
D	C	0.51%
AEE	A	0.33%
J	D	0.23%

ECLN Underweight 35 Positions Relative to TOLZ

Symbol	Grade	Weight
AMT	C	-4.95%
OKE	A	-3.5%
ET	A	-2.89%
KMI	A	-2.86%
EPD	A	-2.44%
CCI	C	-2.42%
PCG	A	-2.4%
EXC	C	-2.09%
ED	C	-1.77%
SBAC	D	-1.27%
ES	C	-1.18%
MPLX	A	-0.95%
NI	A	-0.88%
PAC	B	-0.6%
SBS	B	-0.6%
PAA	B	-0.43%
WES	C	-0.39%
ASR	D	-0.36%
AM	A	-0.28%
SWX	B	-0.25%
SR	A	-0.21%
ENLC	A	-0.21%
HESM	B	-0.2%
PAGP	A	-0.19%
OMAB	D	-0.18%
NWE	B	-0.18%
AWR	B	-0.17%
CWT	C	-0.16%
NWN	A	-0.09%
SJW	F	-0.09%
GEL	D	-0.07%
NFE	D	-0.05%
UTL	B	-0.05%
CAAP	C	-0.04%
CWCO	C	-0.02%