ECLN vs. JXI
Compare and contrast key facts about First Trust EIP Carbon Impact ETF (ECLN) and iShares Global Utilities ETF (JXI).
ECLN and JXI 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. JXI is a passively managed fund by iShares that tracks the performance of the S&P Global Utilities Index. It was launched on Sep 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ECLN or JXI.
Correlation
The correlation between ECLN and JXI is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ECLN vs. JXI - Performance Comparison
Key characteristics
ECLN:
2.46
JXI:
1.68
ECLN:
3.28
JXI:
2.27
ECLN:
1.44
JXI:
1.28
ECLN:
2.43
JXI:
2.07
ECLN:
11.46
JXI:
5.39
ECLN:
2.66%
JXI:
4.18%
ECLN:
12.39%
JXI:
13.43%
ECLN:
-32.28%
JXI:
-50.23%
ECLN:
0.00%
JXI:
-0.80%
Returns By Period
In the year-to-date period, ECLN achieves a 8.03% return, which is significantly lower than JXI's 8.62% return.
ECLN
8.03%
2.46%
7.37%
30.12%
14.06%
N/A
JXI
8.62%
3.28%
-0.14%
22.53%
11.41%
7.64%
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ECLN vs. JXI - Expense Ratio Comparison
ECLN has a 0.97% expense ratio, which is higher than JXI's 0.46% expense ratio.
Risk-Adjusted Performance
ECLN vs. JXI — Risk-Adjusted Performance Rank
ECLN
JXI
ECLN vs. JXI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust EIP Carbon Impact ETF (ECLN) and iShares Global Utilities ETF (JXI). 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.
Dividends
ECLN vs. JXI - Dividend Comparison
ECLN's dividend yield for the trailing twelve months is around 2.52%, less than JXI's 2.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECLN First Trust EIP Carbon Impact ETF | 2.52% | 2.52% | 2.54% | 1.83% | 1.66% | 1.68% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JXI iShares Global Utilities ETF | 2.78% | 3.02% | 3.58% | 3.13% | 2.78% | 2.65% | 3.43% | 3.16% | 3.62% | 4.77% | 3.78% | 3.55% |
Drawdowns
ECLN vs. JXI - Drawdown Comparison
The maximum ECLN drawdown since its inception was -32.28%, smaller than the maximum JXI drawdown of -50.23%. Use the drawdown chart below to compare losses from any high point for ECLN and JXI. For additional features, visit the drawdowns tool.
Volatility
ECLN vs. JXI - Volatility Comparison
First Trust EIP Carbon Impact ETF (ECLN) and iShares Global Utilities ETF (JXI) have volatilities of 3.90% and 3.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.