QCLN vs. LBAY ETF Comparison

Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to Leatherback Long/Short Alternative Yield ETF (LBAY)

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

$33.81

Average Daily Volume

113,185

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LBAY

Leatherback Long/Short Alternative Yield ETF

LBAY Description

The investment seeks capital appreciation and income. The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing long positions in securities believed to provide sustainable shareholder yield (defined as dividends plus buybacks plus debt paydowns) and taking short positions in securities expected to decline in price. It will generally have net exposure of 75% - 110% long. The fund's long positions are generally expected to be comprised of equity securities or depositary receipts, although long positions may also include investment-grade corporate bonds and convertible bonds. It is non-diversified.

Grade (RS Rating)

Last Trade

$26.27

Average Daily Volume

2,522

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QCLN	LBAY
30 Days	0.18%	-4.84%
60 Days	-3.80%	-4.25%
90 Days	-1.60%	-2.88%
12 Months	-6.25%	4.39%

1 Overlapping Holdings

	Symbol	Grade	Weight in QCLN	Weight in LBAY	Overlap
	TSLA	B	12.33%	-1.45%	-1.45%

QCLN Overweight 45 Positions Relative to LBAY

Symbol	Grade	Weight
ON	F	7.3%
FSLR	F	7.28%
AYI	B	5.49%
RIVN	F	5.43%
ALB	B	4.8%
ENPH	F	4.45%
OLED	F	3.64%
ITRI	B	2.94%
LCID	F	2.82%
ORA	B	2.67%
AEIS	B	2.35%
ENS	D	2.18%
ALGM	F	2.14%
POWI	D	1.96%
HASI	F	1.78%
MP	C	1.71%
BE	A	1.68%
FLNC	C	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	C	0.68%
ASPN	F	0.65%
ARRY	F	0.64%
PSNY	F	0.58%
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%
CHPT	F	0.26%
LNZA	F	0.13%
BLNK	F	0.09%
WBX	F	0.08%
TPIC	F	0.06%

QCLN Underweight 51 Positions Relative to LBAY

Symbol	Grade	Weight
LW	C	-4.96%
XOM	A	-4.78%
ORI	A	-4.77%
MO	A	-4.64%
NEM	D	-4.59%
BG	D	-4.57%
CMCSA	B	-4.57%
FIS	C	-4.54%
VTRS	A	-4.48%
ZBH	C	-4.41%
AGNC	C	-4.41%
CVS	D	-4.36%
BERY	C	-4.14%
ICE	D	-4.08%
MTN	C	-3.91%
V	A	-3.89%
MDT	D	-3.86%
UNP	D	-3.77%
T	A	-3.64%
LHX	B	-3.59%
EBAY	D	-3.58%
MMM	D	-3.53%
AWK	C	-3.45%
BKNG	A	-3.37%
RIO	D	-3.28%
MSCI	C	-3.15%
APD	A	-3.11%
SPGI	D	-2.92%
PCH	D	-2.79%
DE	C	-2.68%
SHAK	C	--1.21%
DKS	D	--1.21%
BURL	B	--1.26%
SITE	F	--1.27%
RBLX	B	--1.29%
EQIX	A	--1.38%
EVR	B	--1.46%
SF	B	--1.48%
LLY	F	--1.48%
DKNG	B	--1.49%
DLR	A	--1.51%
CVNA	B	--1.53%
AAPL	C	--1.53%
DAL	A	--1.53%
TOL	B	--1.54%
PLNT	A	--1.54%
AVGO	D	--1.54%
SQ	A	--1.56%
VRT	A	--1.63%
OLLI	D	--1.69%
DUOL	A	--1.85%