ECLN vs. TPYP ETF Comparison
Comparison of First Trust EIP Carbon Impact ETF (ECLN) to Tortoise North American Pipeline Fund ETF (TPYP)
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
41
TPYP
Tortoise North American Pipeline Fund ETF
TPYP Description
The investment seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise North American Pipeline Index (the "underlying index"). The fund will normally invest at least 80% of its total assets in securities that comprise the underlying index (or depository receipts based on such securities). The underlying index is a proprietary rules-based, capitalization weighted, float adjusted index designed to track the overall performance of equity securities of North American Pipeline Companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$36.69
Average Daily Volume
49,950
35
Performance
Period | ECLN | TPYP |
---|---|---|
30 Days | 5.02% | 12.24% |
60 Days | 6.04% | 15.88% |
90 Days | 11.17% | 20.16% |
12 Months | 32.70% | 49.25% |
10 Overlapping Holdings
ECLN Overweight 31 Positions Relative to TPYP
Symbol | Grade | Weight | |
---|---|---|---|
AEP | D | 5.39% | |
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% | |
ETR | B | 2.83% | |
CWEN | C | 2.78% | |
AEE | A | 2.74% | |
EVRG | A | 2.49% | |
AES | F | 2.31% | |
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% | |
SO | D | 0.93% | |
CEG | D | 0.93% | |
OGE | B | 0.64% | |
WTRG | B | 0.62% | |
NEP | F | 0.59% | |
GNRC | B | 0.55% | |
NEE | D | 0.45% | |
CNP | B | 0.43% | |
AWK | D | 0.35% | |
EIX | B | 0.18% |
ECLN Underweight 25 Positions Relative to TPYP
Symbol | Grade | Weight | |
---|---|---|---|
OKE | A | -7.92% | |
KMI | A | -7.75% | |
NI | A | -3.81% | |
ET | A | -3.8% | |
EPD | A | -3.67% | |
MPLX | A | -3.08% | |
AM | A | -1.59% | |
SWX | B | -1.44% | |
PAA | B | -1.4% | |
WES | C | -1.27% | |
AROC | B | -1.25% | |
ENLC | A | -1.2% | |
SR | A | -1.19% | |
SUN | B | -0.99% | |
KNTK | B | -0.66% | |
HESM | B | -0.63% | |
PAGP | A | -0.63% | |
NWN | A | -0.5% | |
USAC | B | -0.32% | |
NFE | D | -0.3% | |
GLP | A | -0.24% | |
GEL | D | -0.22% | |
DKL | C | -0.09% | |
EE | A | -0.08% | |
CAPL | D | -0.07% |
ECLN: Top Represented Industries & Keywords
TPYP: Top Represented Industries & Keywords