ECLN vs. UTES ETF Comparison
Comparison of First Trust EIP Carbon Impact ETF (ECLN) to Reaves Utilities ETF (UTES)
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
UTES
Reaves Utilities ETF
UTES Description
ETFis Series Trust I - Reaves Utilities ETF is an exchange traded fund launched and managed by Virtus ETF Advisers LLC. The fund is co-managed by W. H. Reaves & Co., Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating in the utilities sector. It invests in dividend yielding stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stock picking approach with a focus on factors such as conservative capital structures, solid balance sheets, history of and/or potential for growing earnings and raising dividends, lower-than-market levels of volatility, correlation or similar characteristics earnings and cash flow potential, dividend prospects and tax treatment of dividends, strength of business franchises and estimates of net asset value to create its portfolio. ETFis Series Trust I - Reaves Utilities ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$69.05
Average Daily Volume
86,356
16
Performance
Period | ECLN | UTES |
---|---|---|
30 Days | 5.02% | 5.44% |
60 Days | 6.04% | 8.91% |
90 Days | 11.17% | 21.87% |
12 Months | 32.70% | 59.87% |
13 Overlapping Holdings
Symbol | Grade | Weight in ECLN | Weight in UTES | Overlap | |
---|---|---|---|---|---|
ATO | A | 2.03% | 4.39% | 2.03% | |
CEG | D | 0.93% | 10.62% | 0.93% | |
CMS | C | 1.56% | 2.68% | 1.56% | |
CNP | B | 0.43% | 1.69% | 0.43% | |
DTE | C | 3.39% | 3.69% | 3.39% | |
ETR | B | 2.83% | 4.74% | 2.83% | |
IDA | A | 1.79% | 3.87% | 1.79% | |
NEE | D | 0.45% | 14.41% | 0.45% | |
PEG | A | 3.13% | 4.51% | 3.13% | |
PPL | B | 3.53% | 4.4% | 3.53% | |
SRE | A | 3.46% | 5.08% | 3.46% | |
VST | B | 3.13% | 13.81% | 3.13% | |
XEL | A | 3.71% | 4.26% | 3.71% |
ECLN Overweight 28 Positions Relative to UTES
Symbol | Grade | Weight | |
---|---|---|---|
AEP | D | 5.39% | |
DTM | B | 4.65% | |
D | C | 3.71% | |
DUK | C | 3.37% | |
CQP | B | 2.95% | |
NFG | A | 2.92% | |
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% | |
WEC | A | 1.99% | |
PWR | A | 1.96% | |
FLR | B | 1.9% | |
J | F | 1.76% | |
LNT | A | 1.51% | |
LNG | B | 1.1% | |
SO | D | 0.93% | |
OGE | B | 0.64% | |
WTRG | B | 0.62% | |
NEP | F | 0.59% | |
GNRC | B | 0.55% | |
CPK | A | 0.46% | |
AWK | D | 0.35% | |
EIX | B | 0.18% | |
NJR | A | 0.18% |
ECLN: Top Represented Industries & Keywords
UTES: Top Represented Industries & Keywords