First Trust Eip Etf Profile
| ECLN Etf | USD 31.12 0.07 0.23% |
Performance21 of 100
| Odds Of DistressLess than 9
|
First Trust is selling at 31.12 as of the 28th of November 2024; that is 0.23 percent increase since the beginning of the trading day. The etf's open price was 31.05. 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 9th of December 2022 and ending today, the 28th 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
| 0.78 | XLU | Utilities Select Sector Aggressive Push | PairCorr |
| 0.81 | VPU | Vanguard Utilities Index | PairCorr |
| 0.74 | AMPS | Altus Power | PairCorr |
| 0.81 | FUTY | Fidelity MSCI Utilities | PairCorr |
| 0.85 | IDU | iShares Utilities ETF | PairCorr |
| 0.98 | FXU | First Trust Utilities | PairCorr |
Moving against First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Utilities, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2019-08-19 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 15.58 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | First Trust Advisors L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | James J. Murchie, Eva Pao, John K. Tysseland |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 55.0 |
| Market Maker | RBC Capital Markets |
| Total Expense | 0.97 |
| Management Fee | 0.95 |
| Country Name | USA |
| Returns Y T D | 31.06 |
| Name | First Trust EIP Carbon Impact ETF |
| Currency Code | USD |
| Open Figi | BBG00PZ234D5 |
| In Threey Volatility | 15.06 |
| 1y Volatility | 12.06 |
| 200 Day M A | 26.4831 |
| 50 Day M A | 29.337 |
| Code | ECLN |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.37 |
| Type | ETF |
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
| AWK | American Water Works | Stock | Utilities | |
| CMS | CMS Energy | Stock | Utilities | |
| CQP | Cheniere Energy Partners | Stock | Energy | |
| ES | Eversource Energy | Stock | Utilities | |
| EXC | Exelon | Stock | Utilities | |
| LNG | Cheniere Energy | Stock | Energy | |
| LNT | Alliant Energy Corp | Stock | Utilities | |
| NEE | Nextera Energy | Stock | Utilities |
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.
| Risk Adjusted Performance | 0.1915 | |||
| Jensen Alpha | 0.1314 | |||
| Total Risk Alpha | 0.0559 | |||
| Sortino Ratio | 0.0687 |
First Trust Against Markets
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.