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

$26.06

Average Daily Volume

6,089

Number of Holdings *

38

* may have additional holdings in another (foreign) market
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

$29.13

Average Daily Volume

47,025

Number of Holdings *

36

* may have additional holdings in another (foreign) market
Performance
Period ECLN TPYP
30 Days 1.17% 3.56%
60 Days 0.91% 3.92%
90 Days 9.15% 8.41%
12 Months 5.33% 21.78%
10 Overlapping Holdings
Symbol Grade Weight in ECLN Weight in TPYP Overlap
ATO B 3.73% 3.95% 3.73%
CPK C 0.46% 0.78% 0.46%
CQP C 3.26% 0.4% 0.4%
DTM B 5.83% 1.44% 1.44%
LNG B 1.88% 7.26% 1.88%
NFG C 2.72% 1.65% 1.65%
NJR C 0.19% 1.38% 0.19%
OGS C 2.03% 1.17% 1.17%
TRGP A 4.32% 4.17% 4.17%
WMB B 3.16% 7.5% 3.16%
ECLN Overweight 28 Positions Relative to TPYP
Symbol Grade Weight
AEP C 4.52%
SRE B 4.2%
SO B 4.04%
PPL D 3.42%
XEL D 3.37%
LNT B 3.28%
PEG B 3.1%
WEC D 3.05%
CMS D 2.88%
CWEN D 2.69%
DTE C 2.64%
EVRG C 2.54%
IDA C 2.13%
PWR D 2.01%
AES D 1.82%
FLR A 1.38%
DUK B 1.06%
ETR D 0.98%
VST C 0.82%
NEP D 0.81%
WTRG C 0.72%
OGE B 0.63%
ES C 0.62%
CEG C 0.57%
CNP D 0.5%
AWK C 0.4%
AEE C 0.3%
EIX C 0.18%
ECLN Underweight 26 Positions Relative to TPYP
Symbol Grade Weight
OKE A -7.43%
KMI A -7.03%
ET B -4.08%
NI A -4.05%
EPD B -4.01%
MPLX C -3.15%
ETRN D -1.86%
PAA B -1.7%
AM B -1.66%
WES C -1.57%
SWX D -1.43%
SUN C -1.21%
SR B -1.14%
ENLC C -1.03%
AROC A -0.9%
PAGP B -0.77%
HESM A -0.69%
KNTK B -0.49%
NWN C -0.45%
NFE F -0.45%
USAC D -0.35%
GEL C -0.33%
GLP D -0.26%
DKL C -0.1%
CAPL F -0.08%
EE C -0.07%
Compare ETFs