ECLN vs. ELFY

Last updated Apr 1, 2026

Compare and contrast key facts about First Trust EIP Carbon Impact ETF (ECLN) and ALPS Electrification Infrastructure ETF (ELFY).

ECLN and ELFY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ECLN is an actively managed fund by First Trust. It was launched on Aug 19, 2019. ELFY is a passively managed fund by ALPS that tracks the performance of the Ladenburg Thalmann Electrification Infrastructure Index. It was launched on Apr 9, 2025.

Performance

ECLN vs. ELFY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust EIP Carbon Impact ETF (ECLN) and ALPS Electrification Infrastructure ETF (ELFY). The values are adjusted to include any dividend payments, if applicable.

ECLN vs. ELFY - Yearly Performance Comparison

	2026 (YTD)	2025
ECLN First Trust EIP Carbon Impact ETF	13.60%	15.14%
ELFY ALPS Electrification Infrastructure ETF	12.06%	35.82%

Returns By Period

In the year-to-date period, ECLN achieves a 13.60% return, which is significantly higher than ELFY's 12.06% return.

ECLN

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

ELFY

• 1D: 2.62%
• 1M: -5.24%
• YTD: 12.06%
• 6M: 10.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ECLN vs. ELFY - Expense Ratio Comparison

ECLN has a 0.97% expense ratio, which is higher than ELFY's 0.50% expense ratio.

ECLN

First Trust EIP Carbon Impact ETF

ELFY

ALPS Electrification Infrastructure ETF

Return for Risk

ECLN vs. ELFY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ECLN

ECLN Risk / Return Rank: 90
ECLN Sharpe Ratio Rank: 89
ECLN Sortino Ratio Rank: 90
ECLN Omega Ratio Rank: 89
ECLN Calmar Ratio Rank: 90
ECLN Martin Ratio Rank: 92

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.

ECLN vs. ELFY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust EIP Carbon Impact ETF (ECLN) and ALPS Electrification Infrastructure ETF (ELFY). 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.

	ECLN	ELFY	Difference
Sharpe ratio Return per unit of total volatility	1.91	—	—
Sortino ratio Return per unit of downside risk	2.52	—	—
Omega ratio Gain probability vs. loss probability	1.36	—	—
Calmar ratio Return relative to maximum drawdown	3.00	—	—
Martin ratio Return relative to average drawdown	12.68	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ECLN	ELFY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.91	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.89	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	2.98	-2.28

Correlation

The correlation between ECLN and ELFY is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ECLN vs. ELFY - Dividend Comparison

ECLN's dividend yield for the trailing twelve months is around 1.80%, more than ELFY's 0.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
ECLN First Trust EIP Carbon Impact ETF	1.80%	1.97%	2.52%	2.54%	1.72%	1.66%	1.68%	0.71%
ELFY ALPS Electrification Infrastructure ETF	0.94%	0.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ECLN vs. ELFY - Drawdown Comparison

The maximum ECLN drawdown since its inception was -32.28%, which is greater than ELFY's maximum drawdown of -8.37%. Use the drawdown chart below to compare losses from any high point for ECLN and ELFY.

Drawdown Indicators

	ECLN	ELFY	Difference
Max Drawdown Largest peak-to-trough decline	-32.28%	-8.37%	-23.91%
Max Drawdown (1Y) Largest decline over 1 year	-8.45%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.88%	—	—
Current Drawdown Current decline from peak	-0.89%	-5.94%	+5.05%
Average Drawdown Average peak-to-trough decline	-5.08%	-1.63%	-3.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	—	—

Volatility

Volatility by Period

	ECLN	ELFY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.36%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.78%	18.35%	-5.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.16%	18.35%	-4.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.52%	18.35%	-0.83%