ETEC vs. QCLN ETF Comparison
Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN)
ETEC
iShares Breakthrough Environmental Solutions ETF
ETEC Description
ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.
Grade (RS Rating)
Last Trade
$20.91
Average Daily Volume
269
13
QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ(R) Clean Edge(R) Green Energy Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market capitalization-weighted index in which larger companies receive a larger Index weighting and includes caps to prevent high concentrations among larger alternative energy stocks. The fund is non-diversified.Grade (RS Rating)
Last Trade
$32.02
Average Daily Volume
197,626
49
Performance
| Period | ETEC | QCLN |
|---|---|---|
| 30 Days | -3.82% | -7.62% |
| 60 Days | 1.58% | -6.07% |
| 90 Days | 3.16% | -8.09% |
| 12 Months | -11.91% | -28.54% |
ETEC Underweight 42 Positions Relative to QCLN
| Symbol | Grade | Weight | |
|---|---|---|---|
| ON | D | -7.24% | |
| ALB | F | -7.07% | |
| AYI | C | -4.18% | |
| RIVN | F | -3.54% | |
| ALGM | D | -2.81% | |
| ITRI | A | -2.27% | |
| ORA | F | -2.09% | |
| ENS | D | -2.01% | |
| POWI | D | -2.0% | |
| AEIS | D | -1.86% | |
| WOLF | F | -1.64% | |
| MP | C | -1.61% | |
| HASI | B | -1.5% | |
| NEP | D | -1.39% | |
| RUN | F | -1.22% | |
| BE | D | -1.21% | |
| AY | A | -1.17% | |
| SQM | F | -1.16% | |
| FLNC | B | -1.09% | |
| CWEN | B | -1.02% | |
| ARRY | F | -0.91% | |
| RNW | F | -0.78% | |
| SHLS | F | -0.77% | |
| VICR | F | -0.62% | |
| ASPN | C | -0.57% | |
| AMRC | D | -0.35% | |
| AMPS | F | -0.34% | |
| CHPT | F | -0.32% | |
| LNZA | F | -0.31% | |
| CLNE | F | -0.28% | |
| MNTK | F | -0.27% | |
| NOVA | F | -0.25% | |
| FCEL | F | -0.23% | |
| AMSC | C | -0.23% | |
| SPWR | F | -0.22% | |
| LYTS | B | -0.22% | |
| STEM | F | -0.14% | |
| WBX | D | -0.13% | |
| BLNK | F | -0.13% | |
| LEV | F | -0.12% | |
| PSNY | F | -0.1% | |
| MAXN | F | -0.06% |
ETEC: Top Represented Industries & Keywords
QCLN: Top Represented Industries & Keywords
Compare ETFs
