QCLN vs. IEDI ETF Comparison

Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to iShares Evolved U.S. Discretionary Spending ETF (IEDI)

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

$34.62

Average Daily Volume

184,691

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IEDI

iShares Evolved U.S. Discretionary Spending ETF

IEDI Description

The investment seeks to provide access to U.S. companies with discretionary spending exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization discretionary spending companies. It will hold common stock of those companies that fall into the Discretionary Spending Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as consumer discretionary companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.67

Average Daily Volume

10,964

Number of Holdings ^*

204

* may have additional holdings in another (foreign) market

Performance

Period	QCLN	IEDI
30 Days	4.31%	-2.07%
60 Days	-1.68%	-2.70%
90 Days	-2.07%	3.51%
12 Months	-23.83%	25.38%

0 Overlapping Holdings

	Symbol	Grade	Weight in QCLN	Weight in IEDI	Overlap

QCLN Overweight 49 Positions Relative to IEDI

Symbol	Grade	Weight
FSLR	C	9.83%
ENPH	D	7.53%
TSLA	F	7.48%
ON	F	7.46%
ALB	D	7.1%
AYI	B	4.17%
OLED	D	3.98%
RIVN	F	3.34%
LCID	F	3.03%
ALGM	F	3.02%
ITRI	C	2.31%
ORA	D	2.07%
POWI	F	2.06%
ENS	D	1.98%
AEIS	D	1.88%
SEDG	F	1.74%
WOLF	D	1.68%
HASI	C	1.53%
MP	F	1.53%
NEP	D	1.47%
AY	D	1.25%
RUN	F	1.15%
BE	D	1.15%
FLNC	F	1.13%
SQM	D	1.08%
CWEN	F	1.02%
ARRY	D	0.97%
PLUG	F	0.88%
RNW	F	0.77%
SHLS	F	0.76%
VICR	F	0.59%
ASPN	C	0.59%
AMRC	D	0.39%
AMPS	F	0.31%
MNTK	F	0.29%
CHPT	F	0.28%
CLNE	F	0.27%
LYTS	C	0.24%
NOVA	F	0.24%
AMSC	C	0.23%
LNZA	F	0.22%
FCEL	F	0.2%
SPWR	F	0.18%
STEM	F	0.14%
WBX	F	0.14%
BLNK	D	0.13%
LEV	F	0.11%
PSNY	F	0.08%
MAXN	F	0.05%

QCLN Underweight 204 Positions Relative to IEDI

Symbol	Grade	Weight
AMZN	B	-10.99%
HD	B	-9.95%
COST	C	-8.6%
WMT	B	-5.62%
CMG	B	-3.81%
LOW	B	-3.71%
TJX	B	-3.45%
ORLY	C	-2.49%
TGT	A	-2.41%
ROST	B	-2.03%
AZO	B	-1.61%
SBUX	F	-1.51%
MCD	D	-1.31%
MAR	B	-1.21%
DG	C	-1.19%
LULU	F	-1.16%
NKE	F	-1.12%
TSCO	B	-1.07%
KR	B	-1.06%
HLT	A	-1.01%
ULTA	D	-0.96%
YUM	B	-0.92%
DLTR	D	-0.89%
UBER	C	-0.87%
DRI	D	-0.77%
CTAS	B	-0.76%
WSM	B	-0.65%
V	C	-0.64%
FERG	B	-0.62%
ABNB	B	-0.61%
DKS	A	-0.57%
WING	B	-0.55%
PG	A	-0.54%
DPZ	A	-0.53%
DECK	B	-0.53%
BURL	A	-0.53%
DASH	B	-0.52%
META	C	-0.51%
DIS	B	-0.49%
AAPL	F	-0.46%
CASY	B	-0.44%
TXRH	B	-0.43%
CPRT	B	-0.43%
FND	C	-0.4%
SQ	C	-0.4%
MA	C	-0.39%
STZ	A	-0.37%
RCL	B	-0.37%
SYY	B	-0.36%
DKNG	C	-0.34%
BBWI	A	-0.34%
KMX	B	-0.33%
FIVE	F	-0.3%
BJ	B	-0.29%
BBY	B	-0.27%
CHDN	D	-0.27%
EXPE	D	-0.24%
SFM	B	-0.24%
GWW	B	-0.23%
OLLI	C	-0.22%
FAST	B	-0.22%
PLNT	F	-0.22%
CPNG	C	-0.22%
GPS	C	-0.21%
TPR	C	-0.21%
USFD	B	-0.21%
MUSA	B	-0.2%
PFGC	C	-0.2%
UPS	D	-0.2%
MGM	C	-0.2%
POOL	B	-0.2%
MCK	A	-0.2%
EBAY	B	-0.19%
ASO	D	-0.19%
LAD	D	-0.19%
ELF	C	-0.19%
WH	D	-0.18%
ACI	D	-0.18%
CROX	C	-0.18%
HST	B	-0.17%
MTN	D	-0.17%
FDX	B	-0.17%
LUV	F	-0.17%
CCL	C	-0.17%
WBA	F	-0.17%
RH	C	-0.16%
M	C	-0.16%
TSN	B	-0.16%
AN	C	-0.15%
SKX	D	-0.15%
LYV	A	-0.15%
GPC	C	-0.14%
HRB	C	-0.14%
WYNN	C	-0.14%
GDDY	B	-0.14%
CVNA	B	-0.14%
CZR	D	-0.14%
AEO	C	-0.14%
TPX	B	-0.14%
TOST	C	-0.13%
AAP	C	-0.13%
NCLH	C	-0.13%
ARMK	B	-0.13%
TOL	B	-0.13%
SIG	D	-0.13%
MAS	B	-0.12%
PINS	D	-0.12%
NFLX	C	-0.12%
CPRI	F	-0.12%
RL	B	-0.12%
ABG	C	-0.12%
BOOT	C	-0.12%
SHAK	C	-0.12%
H	A	-0.11%
WEN	D	-0.11%
SITE	B	-0.11%
SCI	B	-0.11%
KTB	D	-0.11%
CAVA	B	-0.11%
VVV	B	-0.11%
KSS	B	-0.1%
BYD	D	-0.1%
PH	B	-0.1%
GO	C	-0.1%
ETSY	F	-0.1%
SNAP	F	-0.1%
FLO	C	-0.1%
CHH	C	-0.1%
W	C	-0.1%
CRI	C	-0.1%
URBN	C	-0.1%
FRPT	B	-0.1%
SHOO	D	-0.1%
CL	A	-0.1%
PZZA	F	-0.1%
RHP	C	-0.09%
LYFT	C	-0.09%
BFAM	C	-0.09%
EAT	B	-0.09%
IPG	C	-0.09%
GME	F	-0.08%
TNL	A	-0.08%
VFC	F	-0.08%
BLMN	C	-0.08%
SG	B	-0.08%
JWN	D	-0.08%
Z	D	-0.08%
ALK	C	-0.08%
VICI	D	-0.08%
DUOL	C	-0.08%
FCFS	A	-0.08%
FL	D	-0.07%
COTY	D	-0.07%
VAC	C	-0.07%
LNW	C	-0.07%
LANC	C	-0.07%
UAL	C	-0.07%
RRR	B	-0.07%
DHI	A	-0.07%
MSGS	D	-0.06%
INVH	B	-0.06%
AAL	D	-0.06%
MTCH	F	-0.06%
MAT	D	-0.06%
CBRL	D	-0.06%
CAKE	B	-0.06%
HGV	B	-0.06%
COLM	D	-0.06%
PYPL	C	-0.06%
MSM	D	-0.05%
YETI	F	-0.05%
HON	B	-0.05%
ANF	C	-0.05%
IAC	D	-0.05%
RHI	D	-0.05%
PENN	F	-0.05%
DDS	A	-0.04%
PRKS	C	-0.04%
TKO	D	-0.04%
ROL	B	-0.04%
APLE	C	-0.04%
JACK	F	-0.04%
CHWY	F	-0.04%
FOUR	D	-0.03%
UHAL	C	-0.03%
IPAR	D	-0.03%
CHE	B	-0.03%
TTWO	F	-0.03%
VSTS	F	-0.03%
OMC	B	-0.03%
GIS	C	-0.03%
MIDD	A	-0.02%
CLX	C	-0.02%
ZTS	F	-0.02%
PVH	A	-0.02%
BLD	B	-0.02%
CAR	F	-0.02%
DRVN	D	-0.02%
LOPE	C	-0.02%
MKC	C	-0.02%
PK	B	-0.02%
OXM	A	-0.02%
PLAY	C	-0.02%
SNA	A	-0.01%

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