ECLN vs. NSCS ETF Comparison

Comparison of First Trust EIP Carbon Impact ETF (ECLN) to Nuveen Small Cap Select ETF (NSCS)

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

NSCS

Nuveen Small Cap Select ETF

NSCS Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in exchange-traded common stocks of small-capitalization companies. It may invest up to 15% of its total assets in non-dollar denominated equity securities of non-U.S. issuers listed on a foreign exchange that trade on such exchange contemporaneously with the shares of the fund. Up to 15% of the fund's total assets may be invested in equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$30.81

Average Daily Volume

138

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECLN	NSCS
30 Days	5.02%	11.34%
60 Days	6.04%	11.01%
90 Days	11.17%	11.34%
12 Months	32.70%	38.43%

1 Overlapping Holdings

	Symbol	Grade	Weight in ECLN	Weight in NSCS	Overlap
	FLR	B	1.9%	1.4%	1.4%

ECLN Overweight 40 Positions Relative to NSCS

Symbol	Grade	Weight
AEP	D	5.39%
DTM	B	4.65%
D	C	3.71%
XEL	A	3.71%
PPL	B	3.53%
SRE	A	3.46%
DTE	C	3.39%
DUK	C	3.37%
VST	B	3.13%
PEG	A	3.13%
CQP	B	2.95%
NFG	A	2.92%
ETR	B	2.83%
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%
IDA	A	1.79%
J	F	1.76%
CMS	C	1.56%
LNT	A	1.51%
LNG	B	1.1%
SO	D	0.93%
CEG	D	0.93%
OGE	B	0.64%
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%
EIX	B	0.18%
NJR	A	0.18%

ECLN Underweight 74 Positions Relative to NSCS

Symbol	Grade	Weight
WTFC	A	-2.5%
EVR	B	-2.27%
PIPR	B	-2.11%
MGNI	A	-1.9%
BANR	B	-1.87%
SSB	B	-1.87%
NOG	A	-1.84%
AIT	A	-1.75%
ESE	B	-1.66%
LITE	B	-1.58%
HQY	B	-1.57%
SUM	B	-1.56%
KTOS	B	-1.56%
MMSI	B	-1.55%
GDYN	B	-1.54%
WK	B	-1.5%
CMC	B	-1.49%
FIBK	A	-1.48%
EHC	B	-1.42%
ACA	A	-1.41%
NPO	A	-1.39%
BYD	C	-1.39%
HOMB	A	-1.39%
QTWO	A	-1.38%
AVNT	B	-1.38%
ITRI	B	-1.38%
AVAV	D	-1.37%
RDNT	B	-1.34%
MMS	F	-1.33%
RBRK	A	-1.32%
BKH	A	-1.28%
SHOO	D	-1.28%
TPH	D	-1.27%
SHAK	C	-1.27%
SIG	B	-1.25%
PFBC	B	-1.25%
MTDR	B	-1.24%
STAG	F	-1.23%
EGP	F	-1.23%
GKOS	B	-1.17%
PAR	B	-1.16%
ARCB	C	-1.16%
TROX	D	-1.1%
BRBR	A	-1.09%
KEX	C	-1.05%
EVRI	A	-1.05%
ZD	C	-1.04%
ICHR	C	-1.02%
ONTO	D	-0.95%
PRI	A	-0.9%
LADR	B	-0.9%
CVLT	B	-0.85%
VBTX	B	-0.85%
SLAB	D	-0.84%
BOOT	D	-0.83%
SR	A	-0.82%
ESTA	D	-0.77%
SIBN	F	-0.76%
HALO	F	-0.76%
FROG	C	-0.74%
CRNX	C	-0.72%
INN	D	-0.67%
KRYS	B	-0.67%
INSM	C	-0.63%
ACHC	F	-0.61%
VTLE	C	-0.61%
OPCH	D	-0.54%
PCVX	D	-0.54%
TTMI	B	-0.53%
MDGL	B	-0.52%
ATEC	C	-0.5%
TCMD	A	-0.48%
IMVT	F	-0.43%
BPMC	C	-0.32%