UTSL vs. ECLN ETF Comparison
Comparison of Direxion Daily Utilities Bull 3X Shares (UTSL) to First Trust EIP Carbon Impact ETF (ECLN)
UTSL
Direxion Daily Utilities Bull 3X Shares
UTSL Description
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Utilities Select Sector Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or ETFs that track the index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the utilities sector which includes the following industries: electric utilities; multi-utilities; water utilities; independent power producers and energy trades; and gas utilities. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$39.93
Average Daily Volume
227,467
31
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
$30.87
Average Daily Volume
6,989
41
Performance
Period | UTSL | ECLN |
---|---|---|
30 Days | 2.65% | 6.11% |
60 Days | 4.12% | 7.53% |
90 Days | 23.09% | 10.81% |
12 Months | 96.02% | 32.28% |
23 Overlapping Holdings
Symbol | Grade | Weight in UTSL | Weight in ECLN | Overlap | |
---|---|---|---|---|---|
AEE | A | 1.35% | 2.74% | 1.35% | |
AEP | D | 2.81% | 5.39% | 2.81% | |
AES | F | 0.54% | 2.31% | 0.54% | |
ATO | A | 1.25% | 2.03% | 1.25% | |
AWK | D | 1.46% | 0.35% | 0.35% | |
CEG | D | 3.95% | 0.93% | 0.93% | |
CMS | C | 1.12% | 1.56% | 1.12% | |
CNP | A | 1.11% | 0.43% | 0.43% | |
D | C | 2.65% | 3.71% | 2.65% | |
DTE | C | 1.37% | 3.39% | 1.37% | |
DUK | C | 4.8% | 3.37% | 3.37% | |
EIX | A | 1.78% | 0.18% | 0.18% | |
ETR | B | 1.75% | 2.83% | 1.75% | |
EVRG | A | 0.81% | 2.49% | 0.81% | |
LNT | A | 0.87% | 1.51% | 0.87% | |
NEE | D | 8.6% | 0.45% | 0.45% | |
PEG | A | 2.44% | 3.13% | 2.44% | |
PPL | B | 1.37% | 3.53% | 1.37% | |
SO | D | 5.28% | 0.93% | 0.93% | |
SRE | A | 3.23% | 3.46% | 3.23% | |
VST | B | 2.76% | 3.13% | 2.76% | |
WEC | A | 1.72% | 1.99% | 1.72% | |
XEL | A | 2.14% | 3.71% | 2.14% |
UTSL Underweight 18 Positions Relative to ECLN
UTSL: Top Represented Industries & Keywords
ECLN: Top Represented Industries & Keywords