IQRA vs. ECLN ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF (IQRA) to First Trust EIP Carbon Impact ETF (ECLN)

IQRA

IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF

IQRA Description

The fund will normally invest at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by real assets companies. Under normal circumstances, the fund invests primarily in common stock, but may also invest in other equity securities including preferred stock, convertible securities, rights or warrants to buy common stocks, master limited partnerships ("MLPs"), and depositary receipts with characteristics similar to common stock.

Grade (RS Rating)

Last Trade

$27.23

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

6,965

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQRA	ECLN
30 Days	-1.13%	5.35%
60 Days	-1.86%	7.15%
90 Days	1.11%	11.18%
12 Months	20.45%	32.72%

16 Overlapping Holdings

Symbol	Grade	Weight in IQRA	Weight in ECLN	Overlap
AEE	A	0.53%	0.33%	0.33%
AES	F	0.71%	1.95%	0.71%
ATO	A	1.02%	4.01%	1.02%
CEG	C	0.48%	0.96%	0.48%
CMS	C	0.92%	2.83%	0.92%
CNP	A	0.66%	0.41%	0.41%
CPK	A	0.63%	0.46%	0.46%
DTE	C	0.76%	2.43%	0.76%
EVRG	A	0.75%	2.37%	0.75%
OGE	A	0.84%	0.66%	0.66%
PPL	A	1.57%	3.52%	1.57%
SRE	A	0.77%	4.29%	0.77%
TRGP	A	3.35%	5.36%	3.35%
WEC	A	2.63%	3.27%	2.63%
WTRG	B	0.87%	0.64%	0.64%
XEL	A	0.9%	3.71%	0.9%

IQRA Overweight 31 Positions Relative to ECLN

Symbol	Grade	Weight
SPG	A	5.24%
O	C	3.83%
EQIX	A	3.7%
CSX	C	2.74%
SUI	C	2.15%
NEE	C	2.09%
WELL	A	2.06%
AMT	C	1.97%
PCG	A	1.55%
HST	C	1.44%
REG	A	1.31%
CUBE	C	1.3%
DLR	B	1.2%
UE	B	1.04%
ADC	A	1.01%
EXR	C	1.0%
PAGP	A	0.94%
IRM	C	0.92%
ESRT	C	0.89%
REXR	F	0.84%
CNI	F	0.82%
VICI	C	0.79%
NSC	B	0.74%
COLD	D	0.71%
BRX	A	0.62%
PSA	C	0.5%
ALE	A	0.41%
INVH	D	0.41%
KMI	A	0.35%
POR	C	0.34%
FCPT	C	0.32%

IQRA Underweight 24 Positions Relative to ECLN

Symbol	Grade	Weight
DTM	A	-6.56%
WMB	A	-3.57%
AEP	C	-3.48%
PEG	A	-3.1%
LNT	A	-2.88%
CQP	B	-2.84%
CWEN	C	-2.63%
NFG	A	-2.6%
IDA	A	-2.28%
PWR	A	-2.21%
OGS	A	-2.05%
LNG	A	-1.95%
VST	A	-1.84%
FLR	B	-1.31%
ETR	B	-1.18%
DUK	C	-1.0%
SO	C	-0.95%
NEP	F	-0.65%
GNRC	C	-0.6%
D	C	-0.51%
AWK	C	-0.35%
J	D	-0.23%
EIX	B	-0.18%
NJR	A	-0.18%