ECLN vs. BILT
ECLN (First Trust EIP Carbon Impact ETF) and BILT (iShares Infrastructure Active ETF) are both Utilities Equities funds. Both are actively managed. A 0.78 correlation means they provide meaningful diversification when combined. ECLN charges 0.97%/yr vs 0.60%/yr for BILT.
Performance
ECLN vs. BILT - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with ECLN having a 12.96% return and BILT slightly higher at 13.47%.
ECLN
- 1D
- 0.16%
- 1M
- -1.81%
- YTD
- 12.96%
- 6M
- 12.92%
- 1Y
- 19.73%
- 3Y*
- 17.40%
- 5Y*
- 12.01%
- 10Y*
- —
BILT
- 1D
- 0.43%
- 1M
- -0.78%
- YTD
- 13.47%
- 6M
- 13.63%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ECLN vs. BILT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ECLN First Trust EIP Carbon Impact ETF | 12.96% | 1.62% |
BILT iShares Infrastructure Active ETF | 13.47% | 4.16% |
Correlation
The correlation between ECLN and BILT is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025 | 0.78 |
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Return for Risk
ECLN vs. BILT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust EIP Carbon Impact ETF (ECLN) and iShares Infrastructure Active ETF (BILT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| ECLN | BILT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | — | — |
| Martin ratioReturn relative to average drawdown | 11.59 | — | — |
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Drawdowns
ECLN vs. BILT - Drawdown Comparison
The maximum ECLN drawdown since its inception was -32.28%, which is greater than BILT's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for ECLN and BILT.
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Drawdown Indicators
| ECLN | BILT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.28% | -5.38% | -26.90% |
Max Drawdown (1Y)Largest decline over 1 year | -5.02% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -14.68% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.88% | — | — |
Current DrawdownCurrent decline from peak | -2.96% | -1.42% | -1.54% |
Average DrawdownAverage peak-to-trough decline | -4.99% | -1.44% | -3.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | — | — |
Volatility
ECLN vs. BILT - Volatility Comparison
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Volatility by Period
| ECLN | BILT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.75% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.12% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.45% | 10.28% | +0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.22% | 10.28% | +3.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.39% | 10.28% | +7.11% |
ECLN vs. BILT - Expense Ratio Comparison
ECLN has a 0.97% expense ratio, which is higher than BILT's 0.60% expense ratio.
Dividends
ECLN vs. BILT - Dividend Comparison
ECLN has not paid dividends to shareholders, while BILT's dividend yield for the trailing twelve months is around 5.74%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
BILT iShares Infrastructure Active ETF | 5.74% | 0.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ECLN First Trust EIP Carbon Impact ETF | 1.81% | 1.97% | 2.52% | 2.54% | 1.72% | 1.66% | 1.68% | 0.71% |
Frequently Asked Questions
ECLN and BILT have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BILT is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BILT is cheaper with a 0.60% expense ratio, compared with 0.97% for ECLN.
BILT has the higher dividend yield at 5.74%, compared with 1.81% for ECLN.
They also come from different issuers: First Trust and iShares. Their fees differ too: 0.97% for ECLN and 0.60% for BILT.
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