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Delisting Date
Sep 5, 2025
Inception Date
Aug 19, 2019
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$19M

Share Price Chart


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Performance

ECLN Performance Chart


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S&P 500 Index

Returns By Period

First Trust EIP Carbon Impact ETF (ECLN) has returned 12.96% so far this year and 20.96% over the past 12 months.


First Trust EIP Carbon Impact ETF

1D
0.16%
1M
-1.81%
YTD
12.96%
6M
13.23%
1Y
20.96%
3Y*
17.40%
5Y*
12.01%
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ECLN Monthly Returns History


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.91%9.01%-0.66%2.46%-3.57%0.64%12.96%
20252.70%2.66%1.31%0.32%1.74%1.96%3.89%-1.46%3.08%0.15%3.50%-3.93%16.78%
2024-3.49%0.11%5.67%-0.12%6.08%-1.57%6.24%3.57%4.79%0.28%6.91%-6.85%22.60%
20231.22%-4.36%2.36%0.84%-5.15%2.66%1.93%-4.35%-5.39%-0.22%5.67%2.13%-3.36%
2022-2.56%2.08%8.32%-5.41%3.89%-5.43%7.06%0.82%-8.75%4.50%5.43%-3.12%5.28%
20210.78%-5.79%8.15%3.39%-1.30%-0.76%1.96%2.53%-4.98%6.08%-2.79%5.38%12.26%

Benchmark Metrics

First Trust EIP Carbon Impact ETF has an annualized alpha of 3.59%, beta of 0.58, and R2 of 0.45 versus S&P 500 Index. Calculated based on daily prices since August 20, 2019.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (55.26%) than losses (51.07%) - typical of diversified or defensive assets.
  • Beta of 0.58 may look defensive, but with R2 of 0.45 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.45 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha
3.59%
Beta
0.58
0.45
Upside Capture
55.26%
Downside Capture
51.07%

Expense Ratio

ECLN has a high expense ratio of 0.97%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

ECLN ranks 69 for risk / return — better than 69% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


ECLN Risk / Return Rank: 6969
Overall Rank
ECLN Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
ECLN Sortino Ratio Rank: 7070
Sortino Ratio Rank
ECLN Omega Ratio Rank: 6161
Omega Ratio Rank
ECLN Calmar Ratio Rank: 8383
Calmar Ratio Rank
ECLN Martin Ratio Rank: 6666
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for First Trust EIP Carbon Impact ETF (ECLN) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


ECLNBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.05

Sortino ratioReturn per unit of downside risk

+0.28

Omega ratioGain probability vs. loss probability

1.36

1.37

-0.01

Calmar ratioReturn relative to maximum drawdown

4.33

2.78

+1.55

Martin ratioReturn relative to average drawdown

11.59

12.44

-0.85

Dividends

Dividend History

First Trust EIP Carbon Impact ETF provided a 1.81% dividend yield over the last twelve months, with an annual payout of $0.67 per share.


1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.802019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019
Dividend$0.67$0.65$0.73$0.61$0.44$0.41$0.38$0.15

Dividend yield

1.81%1.97%2.52%2.54%1.72%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.19$0.00$0.00$0.00$0.19
2025$0.00$0.00$0.16$0.00$0.00$0.14$0.00$0.00$0.15$0.00$0.00$0.19$0.65
2024$0.00$0.00$0.11$0.00$0.00$0.22$0.00$0.00$0.23$0.00$0.00$0.18$0.73
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$0.61
2022$0.00$0.00$0.08$0.00$0.00$0.09$0.00$0.00$0.09$0.00$0.00$0.19$0.44
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$0.41

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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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 2.96%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-32.28%Mar 2020
1mo 3d7mo 21d
8mo 24dFeb 2020 - Nov 2020
2023 correction2023
-19.88%Oct 2023
1y 20d10mo
1y 10moSep 2022 - Jul 2024
Bear market2022
-13.24%Jun 2022
2mo 7d1mo 26d
4mo 3dApr 2022 - Aug 2022
2021 pullback2021
-8.64%Feb 2021
1mo 1d1mo 11d
2mo 12dJan 2021 - Apr 2021
2024 pullback2024
-8.49%Dec 2024
16d3mo 14d
4moDec 2024 - Apr 2025

Drawdown Indicators


ECLNBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-32.28%

-56.78%

+24.50%

Max Drawdown (1Y)

Largest decline over 1 year

-5.02%

-9.10%

+4.08%

Max Drawdown (3Y)

Largest decline over 3 years

-14.68%

-18.90%

+4.22%

Max Drawdown (5Y)

Largest decline over 5 years

-19.88%

-25.43%

+5.55%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-2.96%

-1.80%

-1.16%

Average Drawdown

Average peak-to-trough decline

-4.99%

-10.71%

+5.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.87%

2.03%

-0.16%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with ECLN

Add First Trust EIP Carbon Impact ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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