ECLN vs. VPU ETF Comparison

Comparison of First Trust EIP Carbon Impact ETF (ECLN) to Vanguard Utilities ETF - DNQ (VPU)

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

VPU

Vanguard Utilities ETF - DNQ

VPU Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Utilities 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the utilities sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$143.53

Average Daily Volume

186,544

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECLN	VPU
30 Days	0.93%	1.49%
60 Days	6.40%	10.17%
90 Days	5.76%	9.45%
12 Months	-1.12%	-0.91%

32 Overlapping Holdings

Symbol	Grade	Weight in ECLN	Weight in VPU	Overlap
AEE	B	0.33%	1.78%	0.33%
AEP	A	4.61%	4.14%	4.14%
AES	B	1.77%	1.1%	1.1%
ATO	A	3.97%	1.64%	1.64%
AWK	C	0.38%	2.18%	0.38%
CEG	A	0.53%	5.4%	0.53%
CMS	A	3.04%	1.61%	1.61%
CNP	A	0.48%	1.52%	0.48%
CPK	A	0.46%	0.21%	0.21%
CWEN	B	2.63%	0.17%	0.17%
CWEN	B	2.63%	0.06%	0.06%
DTE	B	2.7%	2.12%	2.12%
DUK	A	1.06%	6.82%	1.06%
EIX	A	0.18%	2.48%	0.18%
ES	A	0.68%	1.91%	0.68%
ETR	A	1.02%	2.05%	1.02%
EVRG	A	2.59%	1.12%	1.12%
IDA	A	2.23%	0.43%	0.43%
LNT	A	3.28%	1.18%	1.18%
NEP	D	0.89%	0.26%	0.26%
NFG	A	2.79%	0.43%	0.43%
NJR	A	0.2%	0.38%	0.2%
OGE	A	0.63%	0.63%	0.63%
OGS	B	2.13%	0.33%	0.33%
PEG	A	3.21%	3.05%	3.05%
PPL	A	3.51%	1.86%	1.86%
SO	A	3.85%	7.16%	3.85%
SRE	B	4.0%	4.14%	4.0%
VST	A	0.67%	2.17%	0.67%
WEC	B	3.33%	2.37%	2.37%
WTRG	B	0.71%	0.88%	0.71%
XEL	B	3.63%	2.71%	2.71%

ECLN Overweight 7 Positions Relative to VPU

Symbol	Grade	Weight
DTM	A	5.98%
TRGP	A	3.9%
CQP	C	3.24%
WMB	A	2.99%
PWR	A	2.09%
LNG	B	1.8%
FLR	A	1.32%

ECLN Underweight 33 Positions Relative to VPU

Symbol	Grade	Weight
NEE	A	-12.0%
D	A	-3.77%
EXC	B	-3.42%
ED	A	-2.87%
PCG	A	-2.83%
FE	A	-1.93%
NRG	A	-1.4%
NI	A	-1.13%
PNW	A	-0.78%
UGI	A	-0.47%
SWX	A	-0.4%
POR	A	-0.39%
BKH	A	-0.34%
ORA	F	-0.33%
ALE	A	-0.31%
OTTR	C	-0.3%
SR	A	-0.3%
NWE	A	-0.29%
PNM	D	-0.28%
AGR	B	-0.26%
MGEE	A	-0.26%
CWT	C	-0.25%
AVA	A	-0.25%
AWR	D	-0.24%
SJW	F	-0.16%
NWN	A	-0.13%
HE	F	-0.11%
MSEX	D	-0.09%
UTL	C	-0.08%
NOVA	F	-0.06%
YORW	C	-0.05%
AMPS	F	-0.03%
MNTK	F	-0.02%