ECLN vs. VRAI ETF Comparison

Comparison of First Trust EIP Carbon Impact ETF (ECLN) to Virtus Real Asset Income ETF (VRAI)

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

$25.40

Average Daily Volume

5,866

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VRAI

Virtus Real Asset Income ETF

VRAI Description

The investment seeks investment results that correspond the price and yield performance of the Indxx Real Asset Income Index (the "underlying index"). Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the underlying index. The underlying index is designed to track the performance of U.S.-listed "Real Asset" companies, as defined by Indxx, LLC, the index provider of the underlying index. The underlying index includes common stock, real estate investment trusts, master limited partnerships, American depositary receipts and global depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.19

Average Daily Volume

1,064

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECLN	VRAI
30 Days	-2.45%	0.58%
60 Days	0.78%	-0.40%
90 Days	4.35%	-1.92%
12 Months	5.06%	5.95%

9 Overlapping Holdings

Symbol	Grade	Weight in ECLN	Weight in VRAI	Overlap
AEP	C	4.47%	1.19%	1.19%
CMS	D	2.89%	1.15%	1.15%
CWEN	D	2.8%	1.31%	1.31%
ES	C	0.61%	1.08%	0.61%
LNT	B	3.2%	1.17%	1.17%
NEP	F	0.86%	1.15%	0.86%
NJR	D	0.19%	1.15%	0.19%
OGS	C	2.01%	1.14%	1.14%
WEC	D	3.03%	1.1%	1.1%

ECLN Overweight 29 Positions Relative to VRAI

Symbol	Grade	Weight
DTM	B	5.84%
SRE	B	4.12%
TRGP	A	4.12%
SO	B	3.97%
ATO	D	3.73%
PPL	D	3.4%
XEL	D	3.39%
CQP	C	3.21%
WMB	B	3.09%
PEG	B	3.01%
NFG	D	2.71%
DTE	D	2.63%
EVRG	D	2.52%
IDA	D	2.11%
PWR	D	2.09%
AES	D	1.93%
LNG	B	1.83%
FLR	B	1.32%
DUK	C	1.04%
ETR	D	0.97%
VST	C	0.79%
WTRG	C	0.7%
OGE	C	0.62%
CEG	B	0.54%
CNP	B	0.49%
CPK	C	0.45%
AWK	B	0.39%
AEE	D	0.3%
EIX	C	0.18%

ECLN Underweight 71 Positions Relative to VRAI

Symbol	Grade	Weight
ARLP	B	-1.38%
GPRK	B	-1.3%
WES	B	-1.28%
NSA	B	-1.25%
EXR	B	-1.25%
CPT	B	-1.25%
ADC	B	-1.24%
IIPR	B	-1.23%
MAA	C	-1.22%
EPRT	A	-1.22%
NI	B	-1.21%
EQNR	C	-1.2%
KRP	B	-1.18%
BNL	B	-1.18%
PAGP	B	-1.18%
SCCO	C	-1.18%
FANG	B	-1.17%
AAT	B	-1.17%
CUBE	B	-1.17%
AVA	D	-1.16%
PSA	B	-1.16%
INVH	A	-1.16%
HESM	A	-1.16%
REG	B	-1.16%
SBR	C	-1.16%
PAA	B	-1.16%
SITC	B	-1.15%
EPR	C	-1.14%
BRX	B	-1.14%
EC	B	-1.14%
NRP	B	-1.13%
KIM	B	-1.13%
EOG	D	-1.13%
AMT	B	-1.13%
IVT	C	-1.12%
BSM	D	-1.12%
PNM	D	-1.12%
CTRA	D	-1.11%
GFI	C	-1.11%
CIG	C	-1.1%
ROIC	C	-1.1%
KT	C	-1.1%
DVN	D	-1.1%
PBR	D	-1.09%
SBSW	D	-1.08%
ENIC	C	-1.07%
COP	D	-1.06%
SKT	D	-1.06%
EGP	B	-1.06%
TRNO	B	-1.05%
CCI	D	-1.05%
DMLP	D	-1.04%
OVV	D	-1.03%
FR	C	-1.03%
VALE	D	-1.02%
GGB	F	-1.02%
CCOI	D	-1.01%
OUT	C	-1.0%
REXR	C	-0.99%
APLE	D	-0.99%
SPOK	C	-0.99%
PTEN	F	-0.99%
FDP	F	-0.98%
APA	F	-0.98%
RHP	D	-0.97%
ORAN	D	-0.97%
HST	D	-0.97%
BRY	D	-0.93%
TS	D	-0.88%
NFE	F	-0.81%
SID	D	-0.79%