ECLN vs. TAN ETF Comparison
Comparison of First Trust EIP Carbon Impact ETF (ECLN) to Invesco Solar ETF (TAN)
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
$29.22
Average Daily Volume
8,280
40
TAN
Invesco Solar ETF
TAN Description
The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index. The fund will generally invest at least 90% of its total assets in the securities (including American depositary receipts (?ADRs?)) that comprise the index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC compiles, maintains, and calculates the index, which is designed to track the global solar energy equity sector. The fund is non-diversified.Grade (RS Rating)
Last Trade
$42.45
Average Daily Volume
906,172
16
Performance
Period | ECLN | TAN |
---|---|---|
30 Days | 4.47% | 2.83% |
60 Days | 7.43% | 5.62% |
90 Days | 15.05% | 4.71% |
12 Months | 35.96% | -10.72% |
1 Overlapping Holdings
Symbol | Grade | Weight in ECLN | Weight in TAN | Overlap | |
---|---|---|---|---|---|
CWEN | C | 2.9% | 2.81% | 2.81% |
ECLN Overweight 39 Positions Relative to TAN
Symbol | Grade | Weight | |
---|---|---|---|
DTM | A | 5.34% | |
TRGP | B | 4.17% | |
SRE | A | 3.96% | |
ATO | A | 3.89% | |
AEP | C | 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% | |
CQP | F | 2.8% | |
DTE | A | 2.64% | |
NFG | A | 2.59% | |
EVRG | C | 2.39% | |
OGS | C | 2.09% | |
IDA | C | 2.07% | |
PWR | B | 2.06% | |
AES | B | 1.76% | |
LNG | A | 1.68% | |
VST | A | 1.5% | |
FLR | D | 1.29% | |
CEG | B | 1.08% | |
DUK | A | 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% | |
GNRC | B | 0.49% | |
CPK | C | 0.46% | |
CNP | B | 0.41% | |
AWK | B | 0.38% | |
AEE | A | 0.32% | |
J | D | 0.25% | |
EIX | A | 0.19% | |
NJR | C | 0.18% |
ECLN: Top Represented Industries & Keywords
TAN: Top Represented Industries & Keywords