QCLN vs. ACES ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to ALPS Clean Energy ETF (ACES)
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
$31.11
Average Daily Volume
198,840
49
ACES
ALPS Clean Energy ETF
ACES Description
The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the "underlying index"). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the "index provider"), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$26.62
Average Daily Volume
112,021
32
Performance
| Period | QCLN | ACES |
|---|---|---|
| 30 Days | -2.97% | -3.86% |
| 60 Days | -15.45% | -16.58% |
| 90 Days | -11.87% | -12.23% |
| 12 Months | -35.26% | -39.36% |
25 Overlapping Holdings
| Symbol | Grade | Weight in QCLN | Weight in ACES | Overlap | |
|---|---|---|---|---|---|
| ALB | C | 7.34% | 4.86% | 4.86% | |
| AMPS | F | 0.36% | 0.27% | 0.27% | |
| AMRC | D | 0.4% | 0.85% | 0.4% | |
| AMSC | D | 0.23% | 0.52% | 0.23% | |
| ARRY | D | 1.08% | 2.4% | 1.08% | |
| CHPT | F | 0.35% | 0.74% | 0.35% | |
| CLNE | F | 0.28% | 0.47% | 0.28% | |
| CWEN | C | 0.96% | 2.25% | 0.96% | |
| ENPH | F | 7.78% | 4.99% | 4.99% | |
| FLNC | F | 1.06% | 1.2% | 1.06% | |
| FSLR | A | 9.69% | 6.21% | 6.21% | |
| HASI | B | 1.49% | 3.47% | 1.49% | |
| ITRI | A | 2.06% | 4.88% | 2.06% | |
| LCID | F | 3.05% | 2.6% | 2.6% | |
| NEP | D | 1.33% | 3.15% | 1.33% | |
| NOVA | F | 0.3% | 0.56% | 0.3% | |
| ORA | F | 1.95% | 4.01% | 1.95% | |
| PLUG | F | 1.05% | 2.35% | 1.05% | |
| RIVN | F | 3.75% | 4.49% | 3.75% | |
| RUN | F | 1.35% | 2.97% | 1.35% | |
| SHLS | F | 0.86% | 1.91% | 0.86% | |
| SPWR | F | 0.22% | 0.25% | 0.22% | |
| STEM | F | 0.15% | 0.32% | 0.15% | |
| TSLA | F | 7.03% | 4.59% | 4.59% | |
| WOLF | D | 1.72% | 4.08% | 1.72% |
QCLN Overweight 24 Positions Relative to ACES
| Symbol | Grade | Weight | |
|---|---|---|---|
| ON | F | 7.25% | |
| AYI | B | 4.1% | |
| OLED | D | 3.88% | |
| ALGM | D | 2.61% | |
| SEDG | F | 2.02% | |
| POWI | F | 1.97% | |
| ENS | D | 1.83% | |
| AEIS | F | 1.8% | |
| MP | C | 1.55% | |
| BE | C | 1.29% | |
| SQM | C | 1.18% | |
| AY | C | 1.08% | |
| RNW | F | 0.73% | |
| VICR | F | 0.61% | |
| ASPN | B | 0.58% | |
| MNTK | F | 0.31% | |
| LNZA | F | 0.31% | |
| FCEL | F | 0.26% | |
| LYTS | B | 0.21% | |
| WBX | D | 0.14% | |
| LEV | F | 0.14% | |
| BLNK | F | 0.13% | |
| PSNY | F | 0.11% | |
| MAXN | F | 0.06% |
QCLN: Top Represented Industries & Keywords
ACES: Top Represented Industries & Keywords
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