GCLN vs. ECLN ETF Comparison
Comparison of Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN) to First Trust EIP Carbon Impact ETF (ECLN)
GCLN
Goldman Sachs Bloomberg Clean Energy Equity ETF
GCLN Description
Goldman Sachs Bloomberg Clean Energy Equity ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in public equity markets of global region. It invests in stocks of companies operating across clean energy including independent power and renewable electricity producers, renewable electricity, electric power by solar energy, electric power by wind energy, clean energy including clean power infrastructure, energy storage, hydrogen energy, energy digitalization and bioenergy sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Bloomberg Goldman Sachs Global Clean Energy Index, by using full replication technique. Goldman Sachs Bloomberg Clean Energy Equity ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$38.32
Average Daily Volume
183
56
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
$28.94
Average Daily Volume
9,039
40
Performance
| Period | GCLN | ECLN |
|---|---|---|
| 30 Days | 8.00% | 4.47% |
| 60 Days | 10.41% | 8.38% |
| 90 Days | 15.67% | 13.84% |
| 12 Months | 21.67% | 29.11% |
19 Overlapping Holdings
| Symbol | Grade | Weight in GCLN | Weight in ECLN | Overlap | |
|---|---|---|---|---|---|
| AEE | B | 0.81% | 0.32% | 0.32% | |
| AEP | C | 1.9% | 3.85% | 1.9% | |
| AES | C | 0.49% | 1.76% | 0.49% | |
| CMS | B | 0.33% | 3.0% | 0.33% | |
| CNP | C | 0.3% | 0.41% | 0.3% | |
| CWEN | A | 0.16% | 2.9% | 0.16% | |
| D | C | 1.68% | 0.52% | 0.52% | |
| DTE | A | 0.37% | 2.64% | 0.37% | |
| DUK | B | 2.38% | 1.06% | 1.06% | |
| EIX | B | 2.14% | 0.19% | 0.19% | |
| ETR | A | 0.98% | 1.05% | 0.98% | |
| GNRC | D | 0.32% | 0.49% | 0.32% | |
| LNT | A | 0.55% | 2.99% | 0.55% | |
| PEG | B | 2.83% | 3.2% | 2.83% | |
| PWR | B | 1.52% | 2.06% | 1.52% | |
| SO | B | 0.95% | 0.99% | 0.95% | |
| SRE | B | 1.85% | 3.96% | 1.85% | |
| WEC | B | 0.48% | 3.25% | 0.48% | |
| XEL | B | 1.26% | 3.59% | 1.26% |
GCLN Overweight 37 Positions Relative to ECLN
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | C | 5.39% | |
| NEE | B | 4.91% | |
| FSLR | C | 1.67% | |
| PCG | C | 1.44% | |
| EXC | B | 1.42% | |
| ED | B | 1.26% | |
| GE | C | 1.0% | |
| ABBV | B | 0.97% | |
| ENPH | D | 0.97% | |
| ES | B | 0.83% | |
| ON | D | 0.51% | |
| EME | B | 0.31% | |
| ITRI | C | 0.31% | |
| NRG | B | 0.3% | |
| ORA | B | 0.29% | |
| MTZ | C | 0.27% | |
| RUN | D | 0.26% | |
| AVA | B | 0.19% | |
| KEP | D | 0.15% | |
| QS | F | 0.13% | |
| BE | F | 0.13% | |
| MGEE | C | 0.12% | |
| PLUG | F | 0.12% | |
| NWE | A | 0.12% | |
| TAC | B | 0.1% | |
| AGR | C | 0.09% | |
| VMI | C | 0.09% | |
| FLNC | C | 0.09% | |
| AMRC | B | 0.08% | |
| SEDG | F | 0.08% | |
| ENVX | F | 0.08% | |
| NOVA | D | 0.07% | |
| ARRY | F | 0.06% | |
| CSAN | D | 0.05% | |
| OTTR | F | 0.05% | |
| GPRE | F | 0.05% | |
| WOLF | F | 0.04% |
GCLN Underweight 21 Positions Relative to ECLN
GCLN: Top Represented Industries & Keywords
ECLN: Top Represented Industries & Keywords
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