EMLP vs. ICLN - ETF Comparison
EMLP - First Trust North American Energy Infrastructure Fund
The First Trust North American Energy Infrastructure Fund (EMLP) is an actively managed exchange-traded fund (ETF) that invests in master limited partnerships (MLPs), Canadian income trusts, pipeline companies, and utilities that generate at least half of their revenues from the operation of energy infrastructure assets. The fund provides a steady stream of current income and benefits from a pass-through tax structure, avoiding corporate income taxes at both the federal and state level.
ICLN - iShares Global Clean Energy ETF
The iShares Global Clean Energy ETF provides diversified exposure to the global clean energy sector, investing in a range of companies involved in renewable energy sources such as wind power, solar power, and other alternative energy sub-sectors. This fund offers a convenient way to tap into the growing demand for clean energy solutions, making it a valuable addition to a long-term portfolio.
| EMLP | ICLN | |
|---|---|---|
| Fund Name | First Trust North American Energy Infrastructure Fund | iShares Global Clean Energy ETF |
| Fund Provider | First Trust | BlackRock |
| Index | Active (No Index) | S&P Global Clean Energy |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.96% | 0.41% |
| Inception Date | 2012-06-21 | 2008-06-24 |
| Number Of Holdings | 65 | 104 |
| Currency | USD | USD |
| Region | United States | Developed Markets |
| Investment Style | Blend | Blend |
| Market Cap | Blend | Blend |
| Sector | Energy | Energy |
| Sector Detail | MLPs | Renewable Energy |
| Leveraged | Non-leveraged | Non-leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.