First Trust Eip Etf Profile

ECLN Etf  USD 31.18  0.06  0.19%   

Performance

20 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
First Trust is selling at 31.18 as of the 30th of November 2024; that is 0.19 percent increase since the beginning of the trading day. The etf's open price was 31.12. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for First Trust EIP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal market conditions, the fund will invest at least 80 percent of its net assets in the equity securities of companies identified by the funds investment sub-advisor as having or seeking to have a positive carbon impact. First Trust is traded on NYSEARCA Exchange in the United States.. More on First Trust EIP

Moving together with First Etf

  0.79XLU Utilities Select Sector Aggressive PushPairCorr
  0.82VPU Vanguard Utilities IndexPairCorr
  0.78AMPS Altus PowerPairCorr
  0.82FUTY Fidelity MSCI UtilitiesPairCorr
  0.8IDU iShares Utilities ETFPairCorr
  0.98FXU First Trust UtilitiesPairCorr

Moving against First Etf

  0.8RNRG Global X RenewablePairCorr
  0.8YLCO Global X YieldCoPairCorr

First Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Utilities, First Trust (View all Sectors)
IssuerFirst Trust
Inception Date2019-08-19
Entity TypeRegulated Investment Company
Asset Under Management15.62 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorFirst Trust Advisors L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerJames J. Murchie, Eva Pao, John K. Tysseland
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents55.0
Market MakerRBC Capital Markets
Total Expense0.97
Management Fee0.95
Country NameUSA
Returns Y T D31.06
NameFirst Trust EIP Carbon Impact ETF
Currency CodeUSD
Open FigiBBG00PZ234D5
In Threey Volatility15.06
1y Volatility12.06
200 Day M A26.5652
50 Day M A29.4302
CodeECLN
Updated At30th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.37
TypeETF
First Trust EIP [ECLN] is traded in USA and was established 2019-08-20. The fund is listed under Utilities category and is part of First Trust family. The entity is thematically classified as Strategy ETFs. First Trust EIP currently have 31.63 M in assets under management (AUM). , while the total return for the last 3 years was 11.4%.
Check First Trust Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust EIP Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

First Trust EIP Currency Exposure

First Trust EIP holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of First Trust will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in First Trust EIP.

Top First Trust EIP Etf Constituents

AWKAmerican Water WorksStockUtilities
CMSCMS EnergyStockUtilities
CQPCheniere Energy PartnersStockEnergy
ESEversource EnergyStockUtilities
EXCExelonStockUtilities
LNGCheniere EnergyStockEnergy
LNTAlliant Energy CorpStockUtilities
NEENextera EnergyStockUtilities
More Details

First Trust EIP Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

First Trust Against Markets

When determining whether First Trust EIP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Eip Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Eip Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust EIP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of First Trust EIP is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.