ECLN vs. UTES
Compare and contrast key facts about First Trust EIP Carbon Impact ETF (ECLN) and Virtus Reaves Utilities ETF (UTES).
ECLN and UTES 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. UTES is an actively managed fund by Virtus Investment Partners. It was launched on Sep 23, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ECLN or UTES.
Correlation
The correlation between ECLN and UTES is 0.51, 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.
Performance
ECLN vs. UTES - Performance Comparison
Key characteristics
ECLN:
1.94
UTES:
1.47
ECLN:
2.50
UTES:
1.89
ECLN:
1.37
UTES:
1.27
ECLN:
3.28
UTES:
2.16
ECLN:
9.77
UTES:
6.42
ECLN:
2.85%
UTES:
5.93%
ECLN:
14.40%
UTES:
26.02%
ECLN:
-32.28%
UTES:
-35.39%
ECLN:
-1.74%
UTES:
-8.67%
Returns By Period
In the year-to-date period, ECLN achieves a 6.16% return, which is significantly higher than UTES's 4.13% return.
ECLN
6.16%
0.77%
5.97%
27.10%
11.88%
N/A
UTES
4.13%
2.35%
3.68%
36.27%
15.01%
N/A
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ECLN vs. UTES - Expense Ratio Comparison
ECLN has a 0.97% expense ratio, which is higher than UTES's 0.49% expense ratio.
Risk-Adjusted Performance
ECLN vs. UTES — Risk-Adjusted Performance Rank
ECLN
UTES
ECLN vs. UTES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust EIP Carbon Impact ETF (ECLN) and Virtus Reaves Utilities ETF (UTES). 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. UTES - Dividend Comparison
ECLN's dividend yield for the trailing twelve months is around 2.56%, more than UTES's 1.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ECLN First Trust EIP Carbon Impact ETF | 2.56% | 2.52% | 2.54% | 1.84% | 1.66% | 1.68% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% |
UTES Virtus Reaves Utilities ETF | 1.45% | 1.51% | 2.44% | 2.13% | 1.94% | 2.09% | 1.84% | 2.16% | 2.81% | 3.28% | 0.61% |
Drawdowns
ECLN vs. UTES - Drawdown Comparison
The maximum ECLN drawdown since its inception was -32.28%, smaller than the maximum UTES drawdown of -35.39%. Use the drawdown chart below to compare losses from any high point for ECLN and UTES. For additional features, visit the drawdowns tool.
Volatility
ECLN vs. UTES - Volatility Comparison
The current volatility for First Trust EIP Carbon Impact ETF (ECLN) is 8.33%, while Virtus Reaves Utilities ETF (UTES) has a volatility of 11.91%. This indicates that ECLN experiences smaller price fluctuations and is considered to be less risky than UTES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.