QCLN vs. BOUT ETF Comparison

Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to Innovator IBD Breakout Opportunities ETF (BOUT)

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

$30.48

Average Daily Volume

200,668

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BOUT

Innovator IBD Breakout Opportunities ETF

BOUT Description

The investment seeks to track, before fees and expenses, the performance of the IBD® Breakout Stocks Index (the "index"). The fund will normally invest at least 80% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index seeks to provide opportunistic investment exposure to those stocks with the potential to "break out," or experience a period of sustained price growth beyond the stock's recent "resistance level," with consideration for various market conditions. The fund is non-diversified. BOUT uses technical analysis to find stocks that are likely to breakout. The funds index relies on an algorithm that establishes a base price (a recent high) for each eligible security. The index then follows the trend for each stock. Selected stocks are ranked by a combination of relative strength and fundamental factors, and then weighted in fixed tiers according to this ranking. In addition, BOUT will move 50% of its portfolio into T-bills based on market signals: a rapid increase in either margin debt or overall stock prices, combined with slowing reversing momentum in the S&P 500. The T-bill position will remain in place until the S&P 500 falls by 50% or show indications of rising momentum. BOUT is rebalanced and reconstituted weekly after the close on Friday. The frequent rebalance schedule means the fund will be highly responsive to the technical factors that drive its strategy, but could also experience high turnover.

Grade (RS Rating)

Last Trade

$32.67

Average Daily Volume

2,522

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QCLN	BOUT
30 Days	-9.04%	-9.21%
60 Days	-17.73%	-5.50%
90 Days	-12.56%	-0.34%
12 Months	-36.48%	7.79%

0 Overlapping Holdings

	Symbol	Grade	Weight in QCLN	Weight in BOUT	Overlap

QCLN Overweight 49 Positions Relative to BOUT

Symbol	Grade	Weight
FSLR	B	9.69%
ENPH	F	7.78%
ALB	F	7.34%
ON	F	7.25%
TSLA	F	7.03%
AYI	B	4.1%
OLED	D	3.88%
RIVN	F	3.75%
LCID	F	3.05%
ALGM	F	2.61%
ITRI	A	2.06%
SEDG	F	2.02%
POWI	F	1.97%
ORA	D	1.95%
ENS	D	1.83%
AEIS	D	1.8%
WOLF	F	1.72%
MP	B	1.55%
HASI	B	1.49%
RUN	F	1.35%
NEP	F	1.33%
BE	D	1.29%
SQM	D	1.18%
ARRY	F	1.08%
AY	B	1.08%
FLNC	F	1.06%
PLUG	F	1.05%
CWEN	B	0.96%
SHLS	F	0.86%
RNW	D	0.73%
VICR	F	0.61%
ASPN	D	0.58%
AMRC	F	0.4%
AMPS	F	0.36%
CHPT	F	0.35%
MNTK	F	0.31%
LNZA	F	0.31%
NOVA	F	0.3%
CLNE	F	0.28%
FCEL	F	0.26%
AMSC	D	0.23%
SPWR	F	0.22%
LYTS	B	0.21%
STEM	F	0.15%
WBX	F	0.14%
LEV	F	0.14%
BLNK	F	0.13%
PSNY	F	0.11%
MAXN	F	0.06%

QCLN Underweight 59 Positions Relative to BOUT

Symbol	Grade	Weight
FTI	A	-3.47%
KSPI	A	-3.34%
AZEK	C	-3.2%
MSDL	A	-3.17%
TBBB	D	-3.16%
BLDR	D	-3.16%
HEAR	A	-3.15%
TXRH	A	-3.14%
LEN	C	-3.13%
WING	A	-3.09%
HUBS	A	-2.97%
GPS	D	-2.84%
IBKR	A	-2.8%
CELH	D	-2.8%
XYL	A	-2.75%
JPM	B	-2.73%
SAP	C	-2.72%
FROG	D	-2.7%
DUOL	D	-2.7%
PCOR	D	-2.63%
APPF	D	-2.61%
IOT	D	-2.48%
GOOGL	A	-1.87%
GOOG	A	-1.87%
CRM	C	-1.85%
PCAR	B	-1.82%
RCL	A	-1.81%
IRM	B	-1.81%
SHAK	C	-1.8%
FOR	B	-1.8%
AXP	A	-1.8%
ERJ	A	-1.77%
CROX	D	-1.72%
SEMR	B	-0.93%
PWR	A	-0.93%
NTAP	B	-0.93%
GVA	A	-0.92%
ERIE	C	-0.92%
URI	C	-0.91%
TOL	B	-0.89%
ISRG	C	-0.89%
RL	D	-0.85%
KNSL	B	-0.78%
ELF	D	-0.76%
WAB	A	-0.35%
SKWD	A	-0.35%
PSTG	B	-0.35%
NVDA	B	-0.35%
ANET	D	-0.35%
WMS	C	-0.34%
PLTR	D	-0.34%
KKR	C	-0.34%
OKTA	D	-0.33%
LRN	D	-0.33%
FIHL	A	-0.33%
DFH	D	-0.33%
ASML	D	-0.33%
TREX	C	-0.32%
RYAN	B	-0.32%

QCLN: Top Represented Industries & Keywords

Industries: Electronic Components Solar Auto Manufacturers Semiconductors Utilities - Independent Power Producers Utilities - Renewable Semiconductor Equipment & Materials Utilities - Regulated Electric Building Materials Business Services Chemicals Conglomerates Engineering & Construction Farm & Heavy Construction Machinery Oil & Gas Refining & Marketing Other Industrial Metals & Mining REIT - Diversified Scientific & Technical Instruments Software - Infrastructure Specialty Chemicals