EIPI vs. ECLN ETF Comparison

Comparison of FT Energy Income Partners Enhanced Income ETF (EIPI) to First Trust EIP Carbon Impact ETF (ECLN)

EIPI

FT Energy Income Partners Enhanced Income ETF

EIPI Description

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in securities of, and/or investments that provide exposure to, Energy Companies. The fund"s investments will be concentrated (i.e., invest more than 25% of fund assets) in any one industry or group of industries constituting the energy sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.65

Average Daily Volume

91,951

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EIPI	ECLN
30 Days	6.22%	5.02%
60 Days	6.50%	6.04%
90 Days	9.05%	11.17%
12 Months		32.70%

33 Overlapping Holdings

Symbol	Grade	Weight in EIPI	Weight in ECLN	Overlap
AEE	A	0.29%	2.74%	0.29%
AEP	D	1.97%	5.39%	1.97%
AES	F	1.0%	2.31%	1.0%
ATO	A	0.17%	2.03%	0.17%
CEG	D	0.11%	0.93%	0.11%
CMS	C	0.47%	1.56%	0.47%
CNP	B	0.75%	0.43%	0.43%
CQP	B	2.83%	2.95%	2.83%
CWEN	C	0.76%	2.78%	0.76%
D	C	0.53%	3.71%	0.53%
DTE	C	1.18%	3.39%	1.18%
DTM	B	3.66%	4.65%	3.66%
DUK	C	1.08%	3.37%	1.08%
ETR	B	0.6%	2.83%	0.6%
EVRG	A	0.56%	2.49%	0.56%
FLR	B	0.26%	1.9%	0.26%
IDA	A	0.21%	1.79%	0.21%
LNG	B	2.46%	1.1%	1.1%
NEE	D	1.34%	0.45%	0.45%
NEP	F	0.81%	0.59%	0.59%
NFG	A	1.43%	2.92%	1.43%
OGS	A	0.78%	2.04%	0.78%
PEG	A	3.04%	3.13%	3.04%
PPL	B	1.38%	3.53%	1.38%
PWR	A	1.1%	1.96%	1.1%
SO	D	0.93%	0.93%	0.93%
SRE	A	2.65%	3.46%	2.65%
TRGP	B	2.59%	2.29%	2.29%
VST	B	0.41%	3.13%	0.41%
WEC	A	0.06%	1.99%	0.06%
WMB	A	3.37%	2.16%	2.16%
WTRG	B	0.25%	0.62%	0.25%
XEL	A	0.66%	3.71%	0.66%

EIPI Overweight 21 Positions Relative to ECLN

Symbol	Grade	Weight
EPD	A	8.79%
OKE	A	6.36%
ET	A	5.86%
MPLX	A	4.24%
KMI	A	4.1%
TTE	F	3.36%
PAGP	A	3.06%
XOM	B	2.94%
BP	D	1.46%
EQT	B	1.18%
PAA	B	1.12%
HESM	B	1.1%
WLKP	A	0.91%
SLB	C	0.86%
HAL	C	0.85%
SUN	B	0.75%
AROC	B	0.52%
NOV	C	0.38%
USAC	B	0.29%
UGI	A	0.23%
HP	B	0.22%

EIPI Underweight 8 Positions Relative to ECLN

Symbol	Grade	Weight
J	F	-1.76%
LNT	A	-1.51%
OGE	B	-0.64%
GNRC	B	-0.55%
CPK	A	-0.46%
AWK	D	-0.35%
EIX	B	-0.18%
NJR	A	-0.18%