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First Trust EIP Carbon Impact ETF (ECLN) Sharpe Ratio: 2.08
Delisted

ETF · Currency in USD · Last updated Jun 24, 2026

ECLN is an actively managed ETF by First Trust. ECLN launched on Aug 19, 2019 and has a 0.97% expense ratio.

ECLN's Sharpe Ratio of 2.08 indicates that for each unit of volatility, it generates 2.08 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

ECLN Sharpe Ratio Market Positioning

The chart shows ECLN's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.84 or lower
  • Yellow zone (middle 50%): 0.84 to 2.16
  • Green zone (top 25%): 2.16 or higher
  • Top 1%: 7.00+
  • Median: 1.57 — half of all investments score higher

How it compares to other similar ETFs

The table compares First Trust EIP Carbon Impact ETF's Sharpe Ratio with other ETFs in the Utilities Equities category across multiple time periods, showing how ECLN's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
ELFYALPS Electrification Infrastructure ETF2.24
ZAPGlobal X U.S. Electrification ETF2.09
FPWRFirst Trust EIP Power Solutions ETF2.00
GIISPDR S&P Global Infrastructure ETF1.63
FXUFirst Trust Utilities AlphaDEX Fund1.41
JXIiShares Global Utilities ETF1.37
POWRiShares U.S. Power Infrastructure ETF1.25
NFRAFlexShares STOXX Global Broad Infrastructure Index Fund1.19
RSPUInvesco S&P 500 Equal Weight Utilities ETF1.19
PUIInvesco DWA Utilities Momentum ETF1.04
ECLNFirst Trust EIP Carbon Impact ETF—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows ECLN's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when ECLN consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does ECLN fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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