ECLN vs. DVLU ETF Comparison

Comparison of First Trust EIP Carbon Impact ETF (ECLN) to First Trust Dorsey Wright Momentum & Value ETF (DVLU)

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

$29.14

Average Daily Volume

9,054

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DVLU

First Trust Dorsey Wright Momentum & Value ETF

DVLU Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Value Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 most undervalued stocks comprising the NASDAQ US Large Mid Index that exhibit high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.65

Average Daily Volume

5,152

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECLN	DVLU
30 Days	4.18%	-0.12%
60 Days	7.13%	8.00%
90 Days	14.74%	9.89%
12 Months	35.20%	37.62%

2 Overlapping Holdings

	Symbol	Grade	Weight in ECLN	Weight in DVLU	Overlap
	FLR	D	1.29%	1.2%	1.2%
	GNRC	B	0.49%	0.92%	0.49%

ECLN Overweight 38 Positions Relative to DVLU

Symbol	Grade	Weight
DTM	A	5.34%
TRGP	C	4.17%
SRE	A	3.96%
ATO	A	3.89%
AEP	B	3.85%
XEL	A	3.59%
PPL	A	3.56%
WEC	A	3.25%
PEG	A	3.2%
CMS	A	3.0%
LNT	A	2.99%
WMB	A	2.92%
CWEN	A	2.9%
CQP	D	2.8%
DTE	A	2.64%
NFG	A	2.59%
EVRG	B	2.39%
OGS	A	2.09%
IDA	B	2.07%
PWR	B	2.06%
AES	B	1.76%
LNG	D	1.68%
VST	A	1.5%
CEG	B	1.08%
DUK	B	1.06%
ETR	A	1.05%
SO	A	0.99%
NEP	D	0.74%
WTRG	D	0.64%
OGE	A	0.63%
D	A	0.52%
CPK	B	0.46%
CNP	B	0.41%
AWK	C	0.38%
AEE	A	0.32%
J	D	0.25%
EIX	A	0.19%
NJR	C	0.18%

ECLN Underweight 46 Positions Relative to DVLU

Symbol	Grade	Weight
PHM	A	-3.61%
JLL	B	-3.3%
THC	C	-3.12%
USFD	C	-3.04%
TRV	C	-3.03%
COF	C	-3.03%
RGA	C	-3.01%
CRBG	C	-2.98%
BPOP	D	-2.97%
NRG	A	-2.89%
SYF	C	-2.84%
FCNCA	D	-2.79%
AIG	F	-2.71%
OMF	D	-2.69%
OC	B	-2.65%
SF	A	-2.58%
WLK	B	-2.54%
HCA	A	-2.47%
WFC	D	-2.33%
ACGL	A	-2.31%
TXT	D	-2.22%
JEF	B	-2.13%
PR	F	-2.12%
NSIT	C	-2.02%
ALL	C	-1.97%
CROX	C	-1.77%
AFL	A	-1.72%
MCK	F	-1.71%
GS	D	-1.68%
OKE	C	-1.67%
NVR	A	-1.51%
RL	B	-1.48%
JPM	D	-1.45%
CACI	A	-1.43%
DKS	D	-1.4%
PSN	A	-1.27%
DVA	B	-1.26%
PKG	A	-1.24%
FANG	F	-1.24%
URI	B	-1.17%
MUSA	D	-1.14%
APG	F	-1.06%
WSM	C	-1.05%
CASY	D	-0.97%
WAB	A	-0.96%
AMP	A	-0.96%