QCLN vs. EVAV ETF Comparison

Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV)
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

$34.14

Average Daily Volume

114,314

Number of Holdings *

46

* may have additional holdings in another (foreign) market
EVAV

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares

EVAV Description Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. The fund invests in public equity markets of the United States. The fund invests through derivatives and through other funds in stocks of companies operating across diversified sectors. The fund uses derivatives such as swaps and futures to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track twice the daily performance of the Indxx US Electric and Autonomous Vehicles Index. Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares is domiciled in the United States.

Grade (RS Rating)

Last Trade

$19.40

Average Daily Volume

20,697

Number of Holdings *

15

* may have additional holdings in another (foreign) market
Performance
Period QCLN EVAV
30 Days 0.69% 2.51%
60 Days -3.34% 14.69%
90 Days -5.93% 12.58%
12 Months -5.85% -49.64%
5 Overlapping Holdings
Symbol Grade Weight in QCLN Weight in EVAV Overlap
CHPT F 0.26% 2.46% 0.26%
LCID F 2.82% 2.37% 2.37%
PSNY F 0.58% 2.64% 0.58%
RIVN F 5.43% 5.02% 5.02%
TSLA B 12.33% 6.06% 6.06%
QCLN Overweight 41 Positions Relative to EVAV
Symbol Grade Weight
ON D 7.3%
FSLR F 7.28%
AYI B 5.49%
ALB B 4.8%
ENPH F 4.45%
OLED F 3.64%
ITRI C 2.94%
ORA B 2.67%
AEIS C 2.35%
ENS F 2.18%
ALGM D 2.14%
POWI F 1.96%
HASI D 1.78%
MP C 1.71%
BE B 1.68%
FLNC D 1.51%
RUN F 1.35%
CWEN C 1.26%
VICR C 0.98%
PLUG F 0.96%
NEP F 0.88%
SQM D 0.85%
RNW D 0.72%
AMSC B 0.68%
ASPN F 0.65%
ARRY F 0.64%
WOLF F 0.54%
AMRC F 0.51%
SHLS F 0.48%
SEDG F 0.41%
AMPS C 0.36%
CLNE F 0.35%
MNTK F 0.34%
WLDN C 0.33%
LYTS B 0.33%
NOVA F 0.28%
EOSE D 0.27%
LNZA F 0.13%
BLNK F 0.09%
WBX F 0.08%
TPIC F 0.06%
QCLN Underweight 10 Positions Relative to EVAV
Symbol Grade Weight
XPEV C -6.12%
NIO F -4.51%
LI F -4.12%
INDI C -3.72%
LAZR D -3.68%
CRNC C -3.06%
BWA D -2.94%
GNTX C -2.92%
EH D -2.9%
QS F -2.13%
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