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First Trust EIP Carbon Impact ETF (ECLN)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

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

Share Price Chart


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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.


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S&P 500 Index

Returns By Period

First Trust EIP Carbon Impact ETF (ECLN) has returned 13.60% so far this year and 24.21% over the past 12 months.


First Trust EIP Carbon Impact ETF

1D
-0.11%
1M
-0.66%
YTD
13.60%
6M
13.13%
1Y
24.21%
3Y*
16.62%
5Y*
12.57%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 20, 2019, ECLN's average daily return is +0.05%, while the average monthly return is +1.04%. At this rate, your investment would double in approximately 5.6 years.

Historically, 64% of months were positive and 36% were negative. The best month was Feb 2026 with a return of +9.0%, while the worst month was Mar 2020 at -9.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, ECLN closed higher 55% of trading days. The best single day was Mar 17, 2020 with a return of +8.6%, while the worst single day was Mar 16, 2020 at -9.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.91%9.01%-0.66%13.60%
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 4.73%, beta of 0.59, and R² of 0.46 versus S&P 500 Index. Calculated based on daily prices since August 21, 2019.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (60.68%) than losses (52.73%) — typical of diversified or defensive assets.
  • Beta of 0.59 may look defensive, but with R² of 0.46 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 0.46 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
4.73%
Beta
0.59
0.46
Upside Capture
60.68%
Downside Capture
52.73%

Expense Ratio

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


Return for Risk

Risk / Return Rank

ECLN ranks 89 for risk / return — in the top 89% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


ECLN Risk / Return Rank: 8989
Overall Rank
ECLN Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
ECLN Sortino Ratio Rank: 8888
Sortino Ratio Rank
ECLN Omega Ratio Rank: 8787
Omega Ratio Rank
ECLN Calmar Ratio Rank: 8989
Calmar Ratio Rank
ECLN Martin Ratio Rank: 9191
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 a chosen benchmark (S&P 500 Index).


ECLNBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.91

0.90

+1.01

Sortino ratio

Return per unit of downside risk

2.52

1.39

+1.13

Omega ratio

Gain probability vs. loss probability

1.36

1.21

+0.15

Calmar ratio

Return relative to maximum drawdown

3.00

1.40

+1.60

Martin ratio

Return relative to average drawdown

12.68

6.61

+6.08

Explore ECLN risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

First Trust EIP Carbon Impact ETF provided a 1.80% 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

1.80%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$0.19
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 0.89%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-32.28%Feb 19, 202024Mar 23, 2020161Nov 9, 2020185
-19.88%Sep 13, 2022266Oct 3, 2023205Jul 29, 2024471
-13.24%Apr 11, 202248Jun 17, 202238Aug 12, 202286
-8.64%Jan 26, 202123Feb 26, 202128Apr 8, 202151
-8.49%Dec 2, 202413Dec 18, 202469Apr 1, 202582

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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