ECLN vs. RFV ETF Comparison

Comparison of First Trust EIP Carbon Impact ETF (ECLN) to Guggenheim S&P Midcap 400 Pure Value ETF (RFV)

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

$29.19

Average Daily Volume

7,305

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RFV

Guggenheim S&P Midcap 400 Pure Value ETF

RFV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P MidCap 400 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P MidCap 400 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$117.46

Average Daily Volume

11,502

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECLN	RFV
30 Days	3.95%	3.19%
60 Days	9.87%	8.13%
90 Days	14.93%	7.09%
12 Months	35.39%	25.06%

1 Overlapping Holdings

	Symbol	Grade	Weight in ECLN	Weight in RFV	Overlap
	FLR	B	1.29%	1.1%	1.1%

ECLN Overweight 39 Positions Relative to RFV

Symbol	Grade	Weight
DTM	A	5.34%
TRGP	A	4.17%
SRE	C	3.96%
ATO	A	3.89%
AEP	C	3.85%
XEL	C	3.59%
PPL	C	3.56%
WEC	B	3.25%
PEG	A	3.2%
CMS	A	3.0%
LNT	B	2.99%
WMB	A	2.92%
CWEN	C	2.9%
CQP	D	2.8%
DTE	B	2.64%
NFG	A	2.59%
EVRG	C	2.39%
OGS	C	2.09%
IDA	D	2.07%
PWR	A	2.06%
AES	C	1.76%
LNG	A	1.68%
VST	A	1.5%
CEG	A	1.08%
DUK	C	1.06%
ETR	A	1.05%
SO	A	0.99%
NEP	D	0.74%
WTRG	D	0.64%
OGE	C	0.63%
D	A	0.52%
GNRC	B	0.49%
CPK	C	0.46%
CNP	B	0.41%
AWK	D	0.38%
AEE	A	0.32%
J	F	0.25%
EIX	C	0.19%
NJR	C	0.18%

ECLN Underweight 83 Positions Relative to RFV

Symbol	Grade	Weight
AVT	B	-2.76%
SNX	C	-2.55%
JLL	C	-2.44%
MTZ	A	-2.41%
THC	D	-2.36%
LAD	C	-2.34%
ARW	C	-2.31%
M	D	-2.11%
USFD	C	-2.05%
X	F	-2.04%
JWN	D	-2.01%
AN	D	-1.98%
PBF	F	-1.88%
TMHC	C	-1.77%
PFGC	A	-1.77%
AA	B	-1.76%
PPC	C	-1.74%
MAN	D	-1.71%
GHC	A	-1.71%
DINO	F	-1.7%
UNM	A	-1.69%
AAL	D	-1.64%
R	C	-1.57%
ARMK	C	-1.53%
WCC	D	-1.51%
JEF	A	-1.47%
MDU	C	-1.43%
GT	F	-1.33%
FYBR	C	-1.31%
RGA	B	-1.25%
ALLY	F	-1.24%
CUZ	C	-1.22%
KMPR	D	-1.2%
KD	D	-1.2%
PAG	D	-1.19%
ASB	D	-1.18%
WHR	C	-1.12%
CMC	D	-1.1%
COHR	B	-1.09%
LEA	F	-1.07%
CLF	D	-1.06%
THO	C	-1.05%
KRC	C	-1.02%
PVH	D	-1.0%
FNB	D	-0.97%
HOG	D	-0.95%
ZION	D	-0.95%
POST	C	-0.91%
VLY	C	-0.88%
CNH	C	-0.86%
PRGO	F	-0.83%
FHN	D	-0.81%
JHG	A	-0.8%
UGI	C	-0.78%
ONB	D	-0.78%
IRT	D	-0.77%
TCBI	B	-0.75%
PB	D	-0.74%
VAC	D	-0.68%
CHK	C	-0.68%
AR	C	-0.67%
CNO	B	-0.67%
GEF	B	-0.66%
GAP	F	-0.66%
SWX	C	-0.64%
BJ	B	-0.62%
ORI	A	-0.61%
ENOV	F	-0.61%
BKH	C	-0.59%
BIO	B	-0.58%
FAF	C	-0.54%
WBS	D	-0.54%
NVST	D	-0.53%
OSK	F	-0.53%
BERY	C	-0.52%
SR	D	-0.49%
AGCO	D	-0.49%
KNX	D	-0.47%
NOV	F	-0.43%
VSH	F	-0.42%
UAA	B	-0.41%
UA	B	-0.39%
CNXC	F	-0.31%