First Trust EIP Carbon Impact ETF (ECLN) belongs to the Utilities Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ECLN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ECLN
ECLN charges 0.97% annually. There are 21 ETFs in the Utilities Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Utilities Select Sector SPDR ETF | 0.08% | 23.51B | Dec 1998 | ECLN vs XLU | |
| Fidelity MSCI Utilities Index ETF | 0.08% | 2.35B | Oct 2013 | ECLN vs FUTY | |
| Vanguard Utilities ETF | 0.09% | 10.60B | Jan 2004 | ECLN vs VPU | |
| Invesco S&P SmallCap Utilities & Communication Ser... | 0.29% | 17.42M | Apr 2010 | ECLN vs PSCU | |
| State Street Utilities Select Sector SPDR Premium ... | 0.35% | 22.62M | Jul 2025 | ECLN vs XLUI |
Best Risk-Adjusted Alternatives to ECLN
Among 16 ETFs in the Utilities Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 74.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust EIP Power Solutions ETF | 74 | 26.19M | Aug 2019 | ECLN vs FPWR | |
| Global X U.S. Electrification ETF | 66 | 474.07M | Dec 2024 | ECLN vs ZAP | |
| SPDR S&P Global Infrastructure ETF | 62 | 956.65M | Jan 2007 | ECLN vs GII | |
| ALPS Electrification Infrastructure ETF | 61 | 204.34M | Apr 2025 | ECLN vs ELFY | |
| First Trust Utilities AlphaDEX Fund | 51 | 821.29M | May 2007 | ECLN vs FXU |
Top Performing ECLN Alternatives (YTD)
Among 21 ETFs in the Utilities Equities category with YTD return data, the top-performing alternatives shown here go as high as 18.63%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS Electrification Infrastructure ETF | 18.63% | 204.34M | Apr 2025 | ECLN vs ELFY | |
| iShares Infrastructure Active ETF | 16.00% | — | Jul 2025 | ECLN vs BILT | |
| Global X U.S. Electrification ETF | 15.68% | 474.07M | Dec 2024 | ECLN vs ZAP | |
| First Trust EIP Power Solutions ETF | 14.69% | 26.19M | Aug 2019 | ECLN vs FPWR | |
| iShares U.S. Power Infrastructure ETF | 13.53% | 421.73M | Jan 2012 | ECLN vs POWR |
Lowest Volatility Alternatives to ECLN
Among 22 ETFs in the Utilities Equities category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 10.31%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Infrastructure Active ETF | 10.31% | — | Jul 2025 | ECLN vs BILT | |
| FlexShares STOXX Global Broad Infrastructure Index... | 10.40% | 2.99B | Oct 2013 | ECLN vs NFRA | |
| First Trust EIP Power Solutions ETF | 10.76% | 26.19M | Aug 2019 | ECLN vs FPWR | |
| SPDR S&P Global Infrastructure ETF | 10.88% | 956.65M | Jan 2007 | ECLN vs GII | |
| State Street Utilities Select Sector SPDR Premium ... | 11.16% | 22.62M | Jul 2025 | ECLN vs XLUI |
Lowest Drawdown Alternatives to ECLN
Among 16 ETFs in the Utilities Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -5.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust EIP Power Solutions ETF | -5.02% | 26.19M | Aug 2019 | ECLN vs FPWR | |
| SPDR S&P Global Infrastructure ETF | -5.94% | 956.65M | Jan 2007 | ECLN vs GII | |
| iShares U.S. Power Infrastructure ETF | -7.09% | 421.73M | Jan 2012 | ECLN vs POWR | |
| Global X U.S. Electrification ETF | -7.23% | 474.07M | Dec 2024 | ECLN vs ZAP | |
| FlexShares STOXX Global Broad Infrastructure Index... | -7.28% | 2.99B | Oct 2013 | ECLN vs NFRA |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 14 categories. AUM among these funds goes as high as $14B.
Often Compared With ECLN
Investors most often compare ECLN with UTES, DBEM, EVX. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare ECLN with Any Fund or Stock
Compare ECLN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ECLN with funds that move differently
First Trust EIP Carbon Impact ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ECLN.
Explore ECLN Diversifiers