ECLN Alternatives & Similar ETFs

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
XLU	State Street Utilities Select Sector SPDR ETF	0.08%	22.40B	Dec 1998	ECLN vs XLU
FUTY	Fidelity MSCI Utilities Index ETF	0.08%	2.46B	Oct 2013	ECLN vs FUTY
VPU	Vanguard Utilities ETF	0.10%	11.10B	Jan 2004	ECLN vs VPU
PSCU	Invesco S&P SmallCap Utilities & Communication Ser...	0.29%	17.87M	Apr 2010	ECLN vs PSCU
XLUI	State Street Utilities Select Sector SPDR Premium ...	0.35%	16.76M	Jul 2025	ECLN vs XLUI

Best Risk-Adjusted Alternatives to ECLN

ECLN has a PortfoliosLab risk / return rank of 59. There are 3 ETFs in the Utilities Equities category with higher risk-adjusted ranks, going as high as 79.

Symbol	Name	Risk / Return Rank	AUM	Inception
ELFY	ALPS Electrification Infrastructure ETF	79	202.88M	Apr 2025	ECLN vs ELFY
ZAP	Global X U.S. Electrification ETF	60	437.97M	Dec 2024	ECLN vs ZAP
POWR	iShares U.S. Power Infrastructure ETF	59	387.06M	Jan 2012	ECLN vs POWR
PAVE	Global X US Infrastructure Development ETF	59	13.54B	Mar 2017	ECLN vs PAVE
GII	SPDR S&P Global Infrastructure ETF	42	964.44M	Jan 2007	ECLN vs GII

Top Performing ECLN Alternatives (YTD)

ECLN is at 12.15% YTD. There are 6 ETFs in the Utilities Equities category with higher YTD returns, going as high as 29.07%.

Symbol	Name	YTD Return	AUM	Inception
ELFY	ALPS Electrification Infrastructure ETF	29.07%	202.88M	Apr 2025	ECLN vs ELFY
PAVE	Global X US Infrastructure Development ETF	19.88%	13.54B	Mar 2017	ECLN vs PAVE
POWR	iShares U.S. Power Infrastructure ETF	18.53%	387.06M	Jan 2012	ECLN vs POWR
ZAP	Global X U.S. Electrification ETF	15.14%	437.97M	Dec 2024	ECLN vs ZAP
PSCU	Invesco S&P SmallCap Utilities & Communication Ser...	14.96%	17.87M	Apr 2010	ECLN vs PSCU

Lowest Volatility Alternatives to ECLN

ECLN has 10.51% 1-year volatility. There are 2 ETFs in the Utilities Equities category with lower 1-year volatility, going as low as 10.30%.

Symbol	Name	Volatility 1Y	AUM	Inception
BILT	iShares Infrastructure Active ETF	10.30%	—	Jul 2025	ECLN vs BILT
NFRA	FlexShares STOXX Global Broad Infrastructure Index...	10.37%	3.05B	Oct 2013	ECLN vs NFRA
GII	SPDR S&P Global Infrastructure ETF	10.74%	964.44M	Jan 2007	ECLN vs GII
XLUI	State Street Utilities Select Sector SPDR Premium ...	11.12%	16.76M	Jul 2025	ECLN vs XLUI
GLIX	Lazard Listed Infrastructure ETF	11.98%	26.20M	Oct 2025	ECLN vs GLIX

Lowest Drawdown Alternatives to ECLN

ECLN has a 1-year max drawdown of -5.02%. No ETFs in the Utilities Equities category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -5.94%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
GII	SPDR S&P Global Infrastructure ETF	-5.94%	964.44M	Jan 2007	ECLN vs GII
POWR	iShares U.S. Power Infrastructure ETF	-5.98%	387.06M	Jan 2012	ECLN vs POWR
ZAP	Global X U.S. Electrification ETF	-7.23%	437.97M	Dec 2024	ECLN vs ZAP
NFRA	FlexShares STOXX Global Broad Infrastructure Index...	-7.28%	3.05B	Oct 2013	ECLN vs NFRA
JXI	iShares Global Utilities ETF	-8.09%	323.49M	Sep 2006	ECLN vs JXI

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 11 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Technology Equities, Cybersecurity	26	28.52%	13.68B	Jul 2015	ECLN vs CIBR
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastru...	Alternative Energy Equities	79	28.91%	11.29B	Nov 2009	ECLN vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities	3	-9.70%	133.88M	Feb 2012	ECLN vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	78	31.77%	10.62B	Mar 2014	ECLN vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	70	13.33%	7.39B	Mar 2006	ECLN vs FDL
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	Precious Metals, Gold	28	1.69%	591.41M	Mar 2021	ECLN vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	97	115.70%	2.52B	Sep 2016	ECLN vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	83	30.57%	4.66B	Aug 2012	ECLN vs TDIV
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	20	2.20%	3.28B	Mar 2018	ECLN vs KNG
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	89	52.94%	895.30M	Feb 2007	ECLN vs QCLN

Often Compared With ECLN

Investors most often compare ECLN with UTES, DBEM, EVX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
UTES	Virtus Reaves Utilities ETF	Utilities Equities	14	0.08%	1.38B	Sep 2015	ECLN vs UTES
DBEM	Xtrackers MSCI Emerging Markets Hedged Equity ETF	Emerging Markets Equities	93	32.18%	103.78M	Jun 2011	ECLN vs DBEM
EVX	VanEck Vectors Environmental Services ETF	Industrials Equities	14	2.99%	95.23M	Oct 2006	ECLN vs EVX
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	ECLN vs SPY
UTG	Reaves Utility Income Trust		78	16.83%	—	—	ECLN vs UTG
GABF	Gabelli Financial Services Opportunities ETF	Financials Equities	7	-7.03%	50.20M	May 2022	ECLN vs GABF
ENFR	Alerian Energy Infrastructure ETF	Energy Equities	50	24.60%	459.78M	Nov 2013	ECLN vs ENFR
RNWZ	TrueShares Eagle Global Renewable Energy Income ET...	Energy Equities	80	16.28%	7.72M	Dec 2022	ECLN vs RNWZ
USCL	Ishares Climate Conscious & Transition MSCI USA ET...	Large Cap Blend Equities	47	7.04%	3.00B	Jun 2023	ECLN vs USCL
KGRN	KraneShares MSCI China Clean Technology Index ETF	China Equities	13	0.89%	61.21M	Oct 2017	ECLN vs KGRN
RNRG	Global X Funds Global X Renewable Energy Producers...	Alternative Energy Equities	84	17.66%	30.24M	May 2015	ECLN vs RNRG
UTSL	Direxion Daily Utilities Bull 3X Shares	Leveraged Equities	13	1.14%	36.98M	May 2017	ECLN vs UTSL
IDU	iShares U.S. Utilities ETF	Utilities Equities	16	2.64%	1.42B	Jun 2000	ECLN vs IDU
FXU	First Trust Utilities AlphaDEX Fund	Utilities Equities	28	6.16%	821.37M	May 2007	ECLN vs FXU
PUI	Invesco DWA Utilities Momentum ETF	Momentum, Utilities Equities	22	6.30%	76.17M	Oct 2005	ECLN vs PUI
RSPU	Invesco S&P 500 Equal Weight Utilities ETF	Utilities Equities, S&P 500	23	4.83%	538.83M	Nov 2006	ECLN vs RSPU
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	32	14.22%	763.61M	Feb 2018	ECLN vs ROBT
PBW	Invesco WilderHill Clean Energy ETF	Small Cap Growth Equities	88	48.64%	610.23M	Mar 2005	ECLN vs PBW
^GSPC	S&P 500 Index		73	10.35%	—	—	ECLN vs ^GSPC
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	75	30.35%	19.93B	Oct 2015	ECLN vs SPMO

Compare ECLN with Any Fund or Stock

Compare ECLN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

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

First Trust EIP Carbon Impact ETF (ECLN) Alternatives