QCLN vs. FRNW ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to Fidelity Clean Energy ETF (FRNW)
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
$34.39
Average Daily Volume
193,364
49
FRNW
Fidelity Clean Energy ETF
FRNW Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Clean Energy Index. Normally investing at least 80% of assets in securities included in the Fidelity Clean Energy Index and in depositary receipts representing securities included in the index. The Fidelity Clean Energy Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that distribute, produce or provide technology or equipment to support the production of energy from solar, wind, hydrogen and other renewable sourcesGrade (RS Rating)
Last Trade
$15.02
Average Daily Volume
7,275
19
Performance
| Period | QCLN | FRNW |
|---|---|---|
| 30 Days | 2.11% | 1.87% |
| 60 Days | -1.69% | 2.88% |
| 90 Days | -1.12% | -0.72% |
| 12 Months | -20.59% | -26.33% |
16 Overlapping Holdings
| Symbol | Grade | Weight in QCLN | Weight in FRNW | Overlap | |
|---|---|---|---|---|---|
| AMPS | F | 0.31% | 0.63% | 0.31% | |
| AMRC | C | 0.39% | 1.42% | 0.39% | |
| ARRY | D | 0.97% | 1.8% | 0.97% | |
| AY | B | 1.25% | 1.88% | 1.25% | |
| BE | C | 1.15% | 2.35% | 1.15% | |
| CWEN | B | 1.02% | 2.05% | 1.02% | |
| ENPH | F | 7.53% | 3.62% | 3.62% | |
| FSLR | B | 9.83% | 4.68% | 4.68% | |
| ITRI | A | 2.31% | 2.65% | 2.31% | |
| NOVA | F | 0.24% | 0.8% | 0.24% | |
| ORA | C | 2.07% | 2.33% | 2.07% | |
| PLUG | F | 0.88% | 1.35% | 0.88% | |
| RNW | C | 0.77% | 1.1% | 0.77% | |
| RUN | D | 1.15% | 1.87% | 1.15% | |
| SEDG | F | 1.74% | 2.15% | 1.74% | |
| SHLS | F | 0.76% | 1.37% | 0.76% |
QCLN Overweight 33 Positions Relative to FRNW
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | D | 7.48% | |
| ON | F | 7.46% | |
| ALB | D | 7.1% | |
| AYI | C | 4.17% | |
| OLED | C | 3.98% | |
| RIVN | F | 3.34% | |
| LCID | D | 3.03% | |
| ALGM | C | 3.02% | |
| POWI | D | 2.06% | |
| ENS | D | 1.98% | |
| AEIS | D | 1.88% | |
| WOLF | F | 1.68% | |
| HASI | C | 1.53% | |
| MP | C | 1.53% | |
| NEP | C | 1.47% | |
| FLNC | B | 1.13% | |
| SQM | D | 1.08% | |
| VICR | F | 0.59% | |
| ASPN | A | 0.59% | |
| MNTK | F | 0.29% | |
| CHPT | F | 0.28% | |
| CLNE | F | 0.27% | |
| LYTS | B | 0.24% | |
| AMSC | C | 0.23% | |
| LNZA | F | 0.22% | |
| FCEL | F | 0.2% | |
| SPWR | F | 0.18% | |
| STEM | F | 0.14% | |
| WBX | D | 0.14% | |
| BLNK | D | 0.13% | |
| LEV | F | 0.11% | |
| PSNY | F | 0.08% | |
| MAXN | F | 0.05% |
QCLN: Top Represented Industries & Keywords
FRNW: Top Represented Industries & Keywords
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