RYU vs. ECLN
Compare and contrast key facts about Invesco S&P 500® Equal Weight Utilities ETF (RYU) and First Trust EIP Carbon Impact ETF (ECLN).
RYU and ECLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RYU is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Utilities Plus. It was launched on Nov 1, 2006. 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: RYU or ECLN.
Correlation
The correlation between RYU and ECLN is 0.75, 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
RYU vs. ECLN - Performance Comparison
Key characteristics
Returns By Period
RYU
N/A
N/A
N/A
N/A
N/A
N/A
ECLN
8.03%
2.46%
7.37%
30.12%
14.06%
N/A
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RYU vs. ECLN - Expense Ratio Comparison
RYU has a 0.40% expense ratio, which is lower than ECLN's 0.97% expense ratio.
Risk-Adjusted Performance
RYU vs. ECLN — Risk-Adjusted Performance Rank
RYU
ECLN
RYU vs. ECLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Utilities ETF (RYU) 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.
Dividends
RYU vs. ECLN - Dividend Comparison
RYU has not paid dividends to shareholders, while ECLN's dividend yield for the trailing twelve months is around 2.52%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYU Invesco S&P 500® Equal Weight Utilities ETF | 0.00% | 1.32% | 2.92% | 2.35% | 2.41% | 2.94% | 2.54% | 0.74% | 3.08% | 2.98% | 4.14% | 2.91% |
ECLN First Trust EIP Carbon Impact ETF | 2.52% | 2.52% | 2.54% | 1.83% | 1.66% | 1.68% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RYU vs. ECLN - Drawdown Comparison
Volatility
RYU vs. ECLN - Volatility Comparison
The current volatility for Invesco S&P 500® Equal Weight Utilities ETF (RYU) is 0.00%, while First Trust EIP Carbon Impact ETF (ECLN) has a volatility of 3.90%. This indicates that RYU experiences smaller price fluctuations and is considered to be less risky than ECLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.