QCLN vs. PBD ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to PowerShares Global Clean Energy Portfolio (PBD)
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
$34.50
Average Daily Volume
113,002
46
PBD
PowerShares Global Clean Energy Portfolio
PBD Description
The PowerShares Global Clean Energy Portfolio (Fund) is based on the WilderHill New Energy Global Innovation Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index seeks to deliver capital appreciation and is composed of companies that focus on greener and generally renewable sources of energy and technologies facilitating cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$11.87
Average Daily Volume
38,339
33
Performance
| Period | QCLN | PBD |
|---|---|---|
| 30 Days | 5.96% | -7.70% |
| 60 Days | -2.02% | -11.88% |
| 90 Days | -3.52% | -13.06% |
| 12 Months | -3.44% | -15.59% |
21 Overlapping Holdings
| Symbol | Grade | Weight in QCLN | Weight in PBD | Overlap | |
|---|---|---|---|---|---|
| AMRC | F | 0.51% | 0.97% | 0.51% | |
| ARRY | C | 0.64% | 1.19% | 0.64% | |
| BE | B | 1.68% | 1.13% | 1.13% | |
| CHPT | F | 0.26% | 0.64% | 0.26% | |
| ENPH | F | 4.45% | 0.56% | 0.56% | |
| EOSE | D | 0.27% | 1.21% | 0.27% | |
| FSLR | F | 7.28% | 0.86% | 0.86% | |
| HASI | D | 1.78% | 0.9% | 0.9% | |
| ITRI | B | 2.94% | 1.24% | 1.24% | |
| LCID | F | 2.82% | 0.66% | 0.66% | |
| NOVA | F | 0.28% | 0.49% | 0.28% | |
| OLED | D | 3.64% | 0.9% | 0.9% | |
| ORA | B | 2.67% | 1.1% | 1.1% | |
| PLUG | F | 0.96% | 0.95% | 0.95% | |
| RIVN | F | 5.43% | 0.77% | 0.77% | |
| RUN | F | 1.35% | 0.57% | 0.57% | |
| SEDG | F | 0.41% | 0.53% | 0.41% | |
| SHLS | F | 0.48% | 1.0% | 0.48% | |
| SQM | F | 0.85% | 1.04% | 0.85% | |
| TPIC | F | 0.06% | 0.63% | 0.06% | |
| WOLF | F | 0.54% | 0.59% | 0.54% |
QCLN Overweight 25 Positions Relative to PBD
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | B | 12.33% | |
| ON | D | 7.3% | |
| AYI | B | 5.49% | |
| ALB | C | 4.8% | |
| AEIS | B | 2.35% | |
| ENS | D | 2.18% | |
| ALGM | D | 2.14% | |
| POWI | D | 1.96% | |
| MP | B | 1.71% | |
| FLNC | C | 1.51% | |
| CWEN | C | 1.26% | |
| VICR | B | 0.98% | |
| NEP | F | 0.88% | |
| RNW | D | 0.72% | |
| AMSC | B | 0.68% | |
| ASPN | F | 0.65% | |
| PSNY | F | 0.58% | |
| AMPS | C | 0.36% | |
| CLNE | D | 0.35% | |
| MNTK | F | 0.34% | |
| WLDN | D | 0.33% | |
| LYTS | B | 0.33% | |
| LNZA | F | 0.13% | |
| BLNK | F | 0.09% | |
| WBX | F | 0.08% |
QCLN: Top Represented Industries & Keywords
PBD: Top Represented Industries & Keywords
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