ECLN vs. VCLN ETF Comparison

Comparison of First Trust EIP Carbon Impact ETF (ECLN) to Virtus Duff & Phelps Clean Energy ETF (VCLN)

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VCLN

Virtus Duff & Phelps Clean Energy ETF

VCLN Description

The investment seeks capital appreciation. Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of clean energy companies. The sub-adviser defines clean energy companies as those that derive at least 50% of their value from one or more of the following clean energy businesses: (a) the production of clean energy; (b) the provision of clean energy technology and equipment; or (c) the transmission and distribution of clean energy. It is non-diversified.

Grade (RS Rating)

Last Trade

$17.87

Average Daily Volume

642

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECLN	VCLN
30 Days	5.02%	-1.81%
60 Days	6.04%	-8.86%
90 Days	11.17%	-5.95%
12 Months	32.70%	7.72%

7 Overlapping Holdings

Symbol	Grade	Weight in ECLN	Weight in VCLN	Overlap
AES	F	2.31%	1.33%	1.33%
CEG	D	0.93%	0.89%	0.89%
CWEN	C	2.78%	2.56%	2.56%
DTM	B	4.65%	2.1%	2.1%
LNG	B	1.1%	1.06%	1.06%
NEE	D	0.45%	2.47%	0.45%
SO	D	0.93%	1.71%	0.93%

ECLN Overweight 34 Positions Relative to VCLN

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%
CQP	B	2.95%
NFG	A	2.92%
ETR	B	2.83%
AEE	A	2.74%
EVRG	A	2.49%
TRGP	B	2.29%
WMB	A	2.16%
OGS	A	2.04%
ATO	A	2.03%
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%
OGE	B	0.64%
WTRG	B	0.62%
NEP	F	0.59%
GNRC	B	0.55%
CPK	A	0.46%
CNP	B	0.43%
AWK	D	0.35%
EIX	B	0.18%
NJR	A	0.18%

ECLN Underweight 13 Positions Relative to VCLN

Symbol	Grade	Weight
FSLR	F	-7.72%
ENPH	F	-3.94%
BE	B	-2.28%
XYL	D	-1.75%
GEV	B	-1.75%
AGX	B	-1.66%
FLNC	C	-1.63%
ABBV	D	-1.55%
MP	B	-1.33%
RUN	F	-0.92%
NVT	B	-0.91%
HUBB	B	-0.86%
PLUG	F	-0.52%