ECLN vs. UTG
Compare and contrast key facts about First Trust EIP Carbon Impact ETF (ECLN) and Reaves Utility Income Trust (UTG).
ECLN is an actively managed fund by First Trust. It was launched on Aug 19, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ECLN or UTG.
Performance
ECLN vs. UTG - Performance Comparison
Returns By Period
In the year-to-date period, ECLN achieves a 26.61% return, which is significantly lower than UTG's 33.43% return.
ECLN
26.61%
1.50%
16.48%
31.24%
10.39%
N/A
UTG
33.43%
2.79%
22.78%
39.64%
5.72%
9.01%
Key characteristics
| ECLN | UTG | |
|---|---|---|
| Sharpe Ratio | 2.62 | 2.99 |
| Sortino Ratio | 3.59 | 3.97 |
| Omega Ratio | 1.47 | 1.53 |
| Calmar Ratio | 2.10 | 2.48 |
| Martin Ratio | 13.62 | 15.54 |
| Ulcer Index | 2.33% | 2.58% |
| Daily Std Dev | 12.15% | 13.41% |
| Max Drawdown | -32.28% | -67.51% |
| Current Drawdown | 0.00% | -0.20% |
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Correlation
The correlation between ECLN and UTG is 0.68, 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.
Risk-Adjusted Performance
ECLN vs. UTG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust EIP Carbon Impact ETF (ECLN) and Reaves Utility Income Trust (UTG). 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. UTG - Dividend Comparison
ECLN's dividend yield for the trailing twelve months is around 2.45%, less than UTG's 6.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECLN First Trust EIP Carbon Impact ETF | 2.45% | 2.54% | 1.83% | 1.66% | 1.68% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UTG Reaves Utility Income Trust | 6.83% | 8.53% | 8.07% | 6.35% | 6.59% | 5.69% | 6.86% | 6.54% | 9.42% | 7.29% | 5.53% | 6.85% |
Drawdowns
ECLN vs. UTG - Drawdown Comparison
The maximum ECLN drawdown since its inception was -32.28%, smaller than the maximum UTG drawdown of -67.51%. Use the drawdown chart below to compare losses from any high point for ECLN and UTG. For additional features, visit the drawdowns tool.
Volatility
ECLN vs. UTG - Volatility Comparison
The current volatility for First Trust EIP Carbon Impact ETF (ECLN) is 3.83%, while Reaves Utility Income Trust (UTG) has a volatility of 4.32%. This indicates that ECLN experiences smaller price fluctuations and is considered to be less risky than UTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.