MLPX vs. ECLN ETF Comparison

Comparison of Global X MLP & Energy Infrastructure ETF (MLPX) to First Trust EIP Carbon Impact ETF (ECLN)

MLPX

Global X MLP & Energy Infrastructure ETF

MLPX Description

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Solactive MLP & Energy Infrastructure Index. The fund invests at least 80% of its total assets in the securities of the underlying index. It also invests at least 80% of its total assets in securities of master limited partnerships and energy infrastructure corporations. The fund's 80% investment policies are non-fundamental and require 60 days' prior written notice to shareholders before it can be changed. The underlying index tracks the performance of MLPs and energy infrastructure corporations. It is non-diversified.

Grade (RS Rating)

Last Trade

$53.37

Average Daily Volume

249,243

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

$27.78

Average Daily Volume

5,051

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MLPX	ECLN
30 Days	4.20%	3.18%
60 Days	5.65%	9.68%
90 Days	9.06%	8.31%
12 Months	34.04%	18.76%

5 Overlapping Holdings

Symbol	Grade	Weight in MLPX	Weight in ECLN	Overlap
CQP	D	1.16%	2.96%	1.16%
DTM	B	4.5%	5.53%	4.5%
LNG	B	6.76%	1.81%	1.81%
TRGP	A	4.58%	4.34%	4.34%
WMB	B	8.94%	3.09%	3.09%

MLPX Overweight 16 Positions Relative to ECLN

Symbol	Grade	Weight
OKE	A	9.27%
KMI	B	6.51%
PAA	D	4.44%
MPLX	A	4.44%
EPD	C	4.42%
ET	C	4.33%
WES	D	4.27%
AM	C	3.23%
PAGP	D	2.4%
ENLC	A	2.12%
HESM	C	1.89%
AROC	D	1.83%
KNTK	A	1.09%
NFE	F	0.69%
NEXT	D	0.47%
DKL	A	0.31%

MLPX Underweight 36 Positions Relative to ECLN

Symbol	Grade	Weight
SRE	B	-4.1%
AEP	A	-3.97%
ATO	A	-3.83%
SO	A	-3.63%
PPL	A	-3.6%
XEL	A	-3.58%
WEC	A	-3.31%
PEG	B	-3.06%
CMS	A	-3.02%
LNT	A	-3.01%
CWEN	B	-2.87%
DTE	B	-2.73%
NFG	B	-2.71%
EVRG	A	-2.38%
IDA	A	-2.14%
OGS	B	-2.02%
PWR	C	-1.96%
AES	D	-1.61%
FLR	C	-1.41%
VST	C	-1.15%
DUK	A	-1.08%
ETR	A	-1.01%
CEG	D	-0.85%
NEP	F	-0.7%
WTRG	D	-0.67%
OGE	B	-0.64%
D	A	-0.53%
GNRC	C	-0.52%
CPK	A	-0.46%
ES	A	-0.4%
CNP	D	-0.4%
AWK	A	-0.39%
AEE	A	-0.32%
J	C	-0.25%
EIX	A	-0.2%
NJR	A	-0.19%