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ECLN vs. JXI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ECLN vs. JXI - Performance Comparison

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

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Returns By Period


ECLN

1D
1M
6M
YTD
1Y
3Y*
5Y*
10Y*

JXI

1D
0.59%
1M
2.24%
6M
9.43%
YTD
9.96%
1Y
18.89%
3Y*
15.45%
5Y*
10.31%
10Y*
9.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ECLN vs. JXI - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
ECLN
First Trust EIP Carbon Impact ETF
12.96%16.78%22.60%-3.36%5.28%12.26%8.98%5.66%
JXI
iShares Global Utilities ETF
9.96%25.91%13.14%0.63%-4.17%10.88%5.19%7.25%

Correlation

The correlation between ECLN and JXI is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.76

Correlation (3Y)
Calculated over the trailing 3-year period

0.85

Correlation (5Y)
Calculated over the trailing 5-year period

0.86

Correlation (All Time)
Calculated using the full available price history since Aug 20, 2019

0.86

The correlation between ECLN and JXI shifts across timeframes, from 0.76 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

ECLN vs. JXI — Risk / Return Rank

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

ECLN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.


JXI
JXI Risk / Return Rank: 5252
Overall Rank
JXI Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
JXI Sortino Ratio Rank: 4949
Sortino Ratio Rank
JXI Omega Ratio Rank: 5151
Omega Ratio Rank
JXI Calmar Ratio Rank: 5959
Calmar Ratio Rank
JXI Martin Ratio Rank: 4949
Martin Ratio Rank
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. JXI - Risk-Adjusted Trends 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.

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.


ECLNJXIDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.26

Calmar ratioReturn relative to maximum drawdown

2.35

Martin ratioReturn relative to average drawdown

6.49

ECLN vs. JXI - Sharpe Ratio Comparison


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Drawdowns

ECLN vs. JXI - Drawdown Comparison


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Drawdown Indicators


ECLNJXIDifference

Max Drawdown

Largest peak-to-trough decline

-50.23%

Max Drawdown (1Y)

Largest decline over 1 year

-8.09%

Max Drawdown (3Y)

Largest decline over 3 years

-16.29%

Max Drawdown (5Y)

Largest decline over 5 years

-22.45%

Max Drawdown (10Y)

Largest decline over 10 years

-34.20%

Current Drawdown

Current decline from peak

-3.26%

Average Drawdown

Average peak-to-trough decline

-12.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.92%

Volatility

ECLN vs. JXI - Volatility Comparison


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Volatility by Period


ECLNJXIDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.83%

Volatility (6M)

Calculated over the trailing 6-month period

10.87%

Volatility (1Y)

Calculated over the trailing 1-year period

13.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.97%

ECLN vs. JXI - Expense Ratio Comparison

ECLN has a 0.97% expense ratio, which is higher than JXI's 0.46% expense ratio.


Dividends

ECLN vs. JXI - Dividend Comparison

ECLN has not paid dividends to shareholders, while JXI's dividend yield for the trailing twelve months is around 2.40%.


PositionTTM20252024202320222021202020192018201720162015
ECLN
First Trust EIP Carbon Impact ETF
1.43%1.97%2.52%2.54%1.72%1.66%1.68%0.71%0.00%0.00%0.00%0.00%
JXI
iShares Global Utilities ETF
2.40%2.56%3.02%3.58%3.13%2.78%2.65%3.43%3.16%3.62%4.77%3.78%

Frequently Asked Questions


ECLN and JXI have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, JXI is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.

JXI is cheaper with a 0.46% expense ratio, compared with 0.97% for ECLN.

JXI has the higher dividend yield at 2.40%, compared with 1.43% for ECLN.

They also come from different issuers: First Trust and iShares. Their fees differ too: 0.97% for ECLN and 0.46% for JXI.

Portfolio Optimizer

Find the right allocation for ECLN and JXI

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