ECLN vs. HDLB ETF Comparison

Comparison of First Trust EIP Carbon Impact ETF (ECLN) to ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044 (HDLB)
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 *

41

* may have additional holdings in another (foreign) market
HDLB

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044

HDLB Description The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive US High Dividend Low Volatility Index. The index is designed to measure the performance of 40 dividend yielding, relatively lower volatility Index Constituent Securities from the universe of the largest 1,000 U.S. listed stocks by market capitalization, as described herein. The Securities seek to approximate the monthly returns that might be available to investors through a leveraged “long” investment in the index constituent securities.

Grade (RS Rating)

Last Trade

$15.47

Average Daily Volume

2,751

Number of Holdings *

37

* may have additional holdings in another (foreign) market
Performance
Period ECLN HDLB
30 Days 5.02% 4.78%
60 Days 6.04% 9.79%
90 Days 11.17% 17.43%
12 Months 32.70% 63.28%
9 Overlapping Holdings
Symbol Grade Weight in ECLN Weight in HDLB Overlap
AEP D 5.39% 2.58% 2.58%
D C 3.71% 2.76% 2.76%
DUK C 3.37% 3.27% 3.27%
EIX B 0.18% 1.34% 0.18%
ETR B 2.83% 1.73% 1.73%
OGE B 0.64% 0.43% 0.43%
PPL B 3.53% 1.48% 1.48%
SO D 0.93% 2.94% 0.93%
SRE A 3.46% 1.71% 1.71%
ECLN Overweight 32 Positions Relative to HDLB
Symbol Grade Weight
DTM B 4.65%
XEL A 3.71%
DTE C 3.39%
VST B 3.13%
PEG A 3.13%
CQP B 2.95%
NFG A 2.92%
CWEN C 2.78%
AEE A 2.74%
EVRG A 2.49%
AES F 2.31%
TRGP B 2.29%
WMB A 2.16%
OGS A 2.04%
ATO A 2.03%
WEC A 1.99%
PWR A 1.96%
FLR B 1.9%
IDA A 1.79%
J F 1.76%
CMS C 1.56%
LNT A 1.51%
LNG B 1.1%
CEG D 0.93%
WTRG B 0.62%
NEP F 0.59%
GNRC B 0.55%
CPK A 0.46%
NEE D 0.45%
CNP B 0.43%
AWK D 0.35%
NJR A 0.18%
ECLN Underweight 28 Positions Relative to HDLB
Symbol Grade Weight
PFE D -13.4%
ABBV D -9.8%
VZ C -9.25%
T A -8.79%
GILD C -5.14%
IBM C -5.12%
PM B -3.83%
MO A -3.18%
O D -2.51%
VICI C -1.93%
KHC F -1.93%
ED D -1.85%
K A -1.47%
NLY C -1.43%
FE C -1.42%
IP B -1.22%
MPW F -1.04%
AGNC D -1.03%
NI A -0.91%
PNW B -0.78%
WPC D -0.76%
WU D -0.73%
ARCC A -0.46%
GLPI C -0.44%
STAG F -0.4%
FSK A -0.25%
KD B -0.14%
ONL C -0.07%
Compare ETFs