PSCU vs. ECLN

Last updated Jul 17, 2026

PSCU (Invesco S&P SmallCap Utilities & Communication Services ETF) and ECLN (First Trust EIP Carbon Impact ETF) are both Utilities Equities funds. PSCU is passively managed, while ECLN is actively managed. A 0.57 correlation means they provide meaningful diversification when combined. PSCU charges 0.29%/yr vs 0.97%/yr for ECLN.

Performance

PSCU vs. ECLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) and First Trust EIP Carbon Impact ETF (ECLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PSCU

• 1D: 0.34%
• 1M: 1.12%
• 6M: 10.24%
• YTD: 13.45%
• 1Y: 16.31%
• 3Y*: 7.75%
• 5Y*: 1.33%
• 10Y*: 5.12%

ECLN

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PSCU vs. ECLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF	13.45%	-1.93%	10.68%	2.12%	-19.73%	30.12%	3.80%	2.43%
ECLN First Trust EIP Carbon Impact ETF	12.96%	16.78%	22.60%	-3.36%	5.28%	12.26%	8.98%	5.66%

Correlation

The correlation between PSCU and ECLN is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (All Time) Calculated using the full available price history since Aug 20, 2019	0.57

Over the past year, the correlation between PSCU and ECLN has dropped to 0.33 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.

PSCU vs. ECLN - Sectors Allocation Comparison

Sectors	PSCU	ECLN
Communication Services	58.9%	-
Utilities	31.2%	76.4%
Consumer Cyclical	3.6%	-
Industrials	3.5%	6.8%
Real Estate	2.0%	-
Technology	0.9%	0.5%
Financial Services	0.0%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	16.3%
Healthcare	-	-

Return for Risk

PSCU vs. ECLN — Risk / Return Rank

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

PSCU

PSCU Risk / Return Rank: 38
PSCU Sharpe Ratio Rank: 35
PSCU Sortino Ratio Rank: 36
PSCU Omega Ratio Rank: 31
PSCU Calmar Ratio Rank: 48
PSCU Martin Ratio Rank: 38

ECLN

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

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.

PSCU vs. ECLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) and First Trust EIP Carbon Impact ETF (ECLN). 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.

	PSCU	ECLN	Difference
Sharpe ratio: Return per unit of total volatility	1.04	—	—
Sortino ratio: Return per unit of downside risk	1.58	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.97	—	—
Martin ratio: Return relative to average drawdown	4.81	—	—

Drawdowns

Drawdown Indicators

	PSCU	ECLN	Difference
Max Drawdown Largest peak-to-trough decline	-29.97%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.32%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.97%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.97%	—	—
Current Drawdown Current decline from peak	-2.46%	—	—
Average Drawdown Average peak-to-trough decline	-7.63%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.40%	—	—

Volatility

Volatility by Period

	PSCU	ECLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.54%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.69%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.46%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.50%	—	—

PSCU vs. ECLN - Expense Ratio Comparison

PSCU has a 0.29% expense ratio, which is lower than ECLN's 0.97% expense ratio.

Dividends

PSCU vs. ECLN - Dividend Comparison

PSCU's dividend yield for the trailing twelve months is around 0.98%, while ECLN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF	0.98%	1.10%	0.98%	1.60%	1.71%	2.69%	1.20%	2.47%	2.35%	1.84%	6.93%	2.94%

Frequently Asked Questions

Can I hold both PSCU and ECLN in my portfolio?

PSCU and ECLN have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PSCU or ECLN?

On fees, PSCU is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PSCU or ECLN?

PSCU is cheaper with a 0.29% expense ratio, compared with 0.97% for ECLN.

Which ETF pays a higher dividend yield, PSCU or ECLN?

ECLN has the higher dividend yield at 1.43%, compared with 0.98% for PSCU.

What is the main difference between PSCU and ECLN?

They also come from different issuers: Invesco and First Trust. Their fees differ too: 0.29% for PSCU and 0.97% for ECLN.