QCLN — First Trust NASDAQ Clean Edge Green Energy Index Fund

QCLN Price Performance — Growth of $10,000

Value of a $10,000 investment in QCLN over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

QCLN Drawdown

The "underwater" chart: QCLN's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The First Trust NASDAQ Clean Edge Green Energy Index Fund is a thematic ETF issued by First Trust with $558 million in assets under management. It holds a D grade and ranks 10th out of 17 peers in its category, placing it in the lower half of the group. The fund charges an expense ratio of 0.59%, which is slightly below the category median of 0.68%. Its dividend yield of 0.17% trails the category median of 0.49%, indicating a lower income profile relative to similar funds. The top ten holdings account for 58.7% of assets, with Bloom Energy Corp representing the largest single position at 9.2%.

The fund has delivered a 1-year return of +32.42%, outperforming the category median of +27.86%, though this contrasts with a -17.81% loss over the past three months. Short-term momentum shows a +2.31% gain in the last day and +3.39% over the week, while year-to-date returns stand at +8.82%. The current price of $50.57 sits at 41.8% of its 52-week range, reflecting a position between the low of $37.18 and the high of $69.20. The ETFValuer grade has remained unchanged at D across the last 35 tracked days. Performance history is available for only 3.0 years, limiting the long-term data set.

With a beta of 2.11, the fund exhibits high sensitivity to market movements, amplifying overall market volatility. Annualized volatility of 40.80% is classified as Very High, contributing to a maximum drawdown of -48.00%. Despite the elevated risk, the Sharpe ratio of 0.67 suggests some compensation for the volatility taken. Liquidity is moderate, with an average daily volume of 210,227 shares and a bid-ask spread of 0.08%. The combination of high volatility and significant drawdowns characterizes the fund's historical price behavior.

AI-generated summary based on the data on this page.

QCLN Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 58.7% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how QCLN's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With QCLN

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with QCLN's top 10 — PBW overlaps most, holding 2 of the same companies as QCLN's top 10 (16.9% of QCLN's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.78% (as of 2026-09-04) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.30 (as of 2026-09-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

QCLN Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.08% and average daily volume is 210K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $558M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: QCLN is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

QCLN Performance History

How QCLN Compares to Other Thematic ETFs