QCLN vs. RAYS ETF Comparison

Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to Global X Solar ETF (RAYS)
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

$33.64

Average Daily Volume

114,314

Number of Holdings *

46

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

Global X Solar ETF

RAYS Description The Global X Solar ETF seeks to invest in companies positioned to benefit from the advancement of the global solar technology industry. This includes companies involved in solar power production; the integration of solar into energy systems; and the development/manufacturing of solar-powered generators, engines, batteries, and other technologies related to the utilization of solar as an energy source.

Grade (RS Rating)

Last Trade

$9.91

Average Daily Volume

6,688

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period QCLN RAYS
30 Days 0.69% -4.76%
60 Days -3.34% 0.51%
90 Days -5.93% 0.30%
12 Months -5.85% -17.81%
8 Overlapping Holdings
Symbol Grade Weight in QCLN Weight in RAYS Overlap
AMPS C 0.36% 0.48% 0.36%
ARRY F 0.64% 1.39% 0.64%
ENPH F 4.45% 4.88% 4.45%
FSLR F 7.28% 8.86% 7.28%
NOVA F 0.28% 0.6% 0.28%
RUN F 1.35% 2.56% 1.35%
SEDG F 0.41% 0.92% 0.41%
SHLS F 0.48% 1.17% 0.48%
QCLN Overweight 38 Positions Relative to RAYS
Symbol Grade Weight
TSLA B 12.33%
ON D 7.3%
AYI B 5.49%
RIVN F 5.43%
ALB B 4.8%
OLED F 3.64%
ITRI C 2.94%
LCID F 2.82%
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%
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%
PSNY F 0.58%
WOLF F 0.54%
AMRC F 0.51%
CLNE F 0.35%
MNTK F 0.34%
WLDN C 0.33%
LYTS B 0.33%
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 2 Positions Relative to RAYS
Symbol Grade Weight
AY A -1.67%
CSIQ F -0.65%
Compare ETFs