ECLN vs. XLU
Compare and contrast key facts about First Trust EIP Carbon Impact ETF (ECLN) and Utilities Select Sector SPDR Fund (XLU).
ECLN and XLU 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. XLU is a passively managed fund by State Street that tracks the performance of the Utilities Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ECLN or XLU.
Key characteristics
| ECLN | XLU | |
|---|---|---|
| YTD Return | 17.53% | 23.00% |
| 1Y Return | 22.14% | 28.22% |
| 3Y Return (Ann) | 6.69% | 6.63% |
| 5Y Return (Ann) | 8.66% | 7.46% |
| Sharpe Ratio | 1.55 | 1.68 |
| Daily Std Dev | 13.79% | 16.98% |
| Max Drawdown | -32.28% | -52.27% |
| Current Drawdown | -0.06% | -0.25% |
Correlation
The correlation between ECLN and XLU is 0.86, 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. XLU - Performance Comparison
In the year-to-date period, ECLN achieves a 17.53% return, which is significantly lower than XLU's 23.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ECLN vs. XLU - Expense Ratio Comparison
ECLN has a 0.97% expense ratio, which is higher than XLU's 0.13% expense ratio.
Risk-Adjusted Performance
ECLN vs. XLU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust EIP Carbon Impact ETF (ECLN) and Utilities Select Sector SPDR Fund (XLU). 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. XLU - Dividend Comparison
ECLN's dividend yield for the trailing twelve months is around 2.43%, less than XLU's 2.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECLN First Trust EIP Carbon Impact ETF | 2.43% | 2.54% | 1.84% | 1.66% | 1.68% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLU Utilities Select Sector SPDR Fund | 2.86% | 3.39% | 2.92% | 2.79% | 3.14% | 2.95% | 3.33% | 3.33% | 3.41% | 3.67% | 3.19% | 3.86% |
Drawdowns
ECLN vs. XLU - Drawdown Comparison
The maximum ECLN drawdown since its inception was -32.28%, smaller than the maximum XLU drawdown of -52.27%. Use the drawdown chart below to compare losses from any high point for ECLN and XLU. For additional features, visit the drawdowns tool.
Volatility
ECLN vs. XLU - Volatility Comparison
The current volatility for First Trust EIP Carbon Impact ETF (ECLN) is 1.60%, while Utilities Select Sector SPDR Fund (XLU) has a volatility of 1.94%. This indicates that ECLN experiences smaller price fluctuations and is considered to be less risky than XLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.