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First Trust EIP Carbon Impact ETF (ECLN)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

IssuerFirst Trust
Inception DateAug 19, 2019
RegionNorth America (U.S.)
CategoryUtilities Equities, Actively Managed
Index TrackedNo Index (Active)
Asset ClassEquity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

The First Trust EIP Carbon Impact ETF has a high expense ratio of 0.97%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.97%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


First Trust EIP Carbon Impact ETF

Popular comparisons: ECLN vs. QCLN

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Trust EIP Carbon Impact ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
5.49%
16.40%
ECLN (First Trust EIP Carbon Impact ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

First Trust EIP Carbon Impact ETF had a return of -1.58% year-to-date (YTD) and -4.96% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date-1.58%5.29%
1 month-0.03%-2.47%
6 months5.48%16.40%
1 year-4.96%20.88%
5 years (annualized)N/A11.60%
10 years (annualized)N/A10.43%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-3.49%0.11%5.67%
2023-5.39%-0.23%5.67%2.13%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ECLN is 9, indicating that it is in the bottom 9% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of ECLN is 99
First Trust EIP Carbon Impact ETF(ECLN)
The Sharpe Ratio Rank of ECLN is 99Sharpe Ratio Rank
The Sortino Ratio Rank of ECLN is 99Sortino Ratio Rank
The Omega Ratio Rank of ECLN is 99Omega Ratio Rank
The Calmar Ratio Rank of ECLN is 66Calmar Ratio Rank
The Martin Ratio Rank of ECLN is 99Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for First Trust EIP Carbon Impact ETF (ECLN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ECLN
Sharpe ratio
The chart of Sharpe ratio for ECLN, currently valued at -0.38, compared to the broader market-1.000.001.002.003.004.005.00-0.38
Sortino ratio
The chart of Sortino ratio for ECLN, currently valued at -0.45, compared to the broader market-2.000.002.004.006.008.00-0.45
Omega ratio
The chart of Omega ratio for ECLN, currently valued at 0.95, compared to the broader market1.001.502.002.500.95
Calmar ratio
The chart of Calmar ratio for ECLN, currently valued at -0.27, compared to the broader market0.002.004.006.008.0010.0012.00-0.27
Martin ratio
The chart of Martin ratio for ECLN, currently valued at -0.78, compared to the broader market0.0020.0040.0060.0080.00-0.78
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.79, compared to the broader market-1.000.001.002.003.004.005.001.79
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.61, compared to the broader market-2.000.002.004.006.008.002.61
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.31, compared to the broader market1.001.502.002.501.31
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.36, compared to the broader market0.002.004.006.008.0010.0012.001.36
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.21, compared to the broader market0.0020.0040.0060.0080.007.21

Sharpe Ratio

The current First Trust EIP Carbon Impact ETF Sharpe ratio is -0.38. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2024FebruaryMarchApril
-0.38
1.79
ECLN (First Trust EIP Carbon Impact ETF)
Benchmark (^GSPC)

Dividends

Dividend History

First Trust EIP Carbon Impact ETF granted a 2.57% dividend yield in the last twelve months. The annual payout for that period amounted to $0.61 per share.


PeriodTTM20232022202120202019
Dividend$0.61$0.61$0.47$0.41$0.38$0.15

Dividend yield

2.57%2.54%1.84%1.66%1.68%0.71%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust EIP Carbon Impact ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00$0.11
2023$0.00$0.00$0.11$0.00$0.00$0.15$0.00$0.00$0.17$0.00$0.00$0.18
2022$0.00$0.00$0.08$0.00$0.00$0.09$0.00$0.00$0.09$0.00$0.00$0.22
2021$0.00$0.00$0.08$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.13
2020$0.00$0.00$0.06$0.00$0.00$0.11$0.00$0.00$0.12$0.00$0.00$0.08
2019$0.15

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-11.54%
-4.42%
ECLN (First Trust EIP Carbon Impact ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust EIP Carbon Impact ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust EIP Carbon Impact ETF was 32.28%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.

The current First Trust EIP Carbon Impact ETF drawdown is 11.54%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-32.28%Feb 19, 202024Mar 23, 2020161Nov 9, 2020185
-19.79%Sep 13, 2022266Oct 3, 2023
-13.24%Apr 11, 202248Jun 17, 202238Aug 12, 202286
-8.64%Jan 26, 202123Feb 26, 202128Apr 8, 202151
-7.28%Sep 3, 202117Sep 28, 202164Dec 29, 202181

Volatility

Volatility Chart

The current First Trust EIP Carbon Impact ETF volatility is 3.66%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%NovemberDecember2024FebruaryMarchApril
3.66%
3.35%
ECLN (First Trust EIP Carbon Impact ETF)
Benchmark (^GSPC)