QCLN vs. RNEW ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) to VanEck Green Infrastructure ETF (RNEW)
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
46
RNEW
VanEck Green Infrastructure ETF
RNEW Description
The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.29
Average Daily Volume
132
39
Performance
| Period | QCLN | RNEW |
|---|---|---|
| 30 Days | 0.69% | 4.52% |
| 60 Days | -3.34% | 1.13% |
| 90 Days | -5.93% | -0.95% |
| 12 Months | -5.85% | 12.92% |
20 Overlapping Holdings
| Symbol | Grade | Weight in QCLN | Weight in RNEW | Overlap | |
|---|---|---|---|---|---|
| AMPS | C | 0.36% | 0.29% | 0.29% | |
| AMRC | F | 0.51% | 0.52% | 0.51% | |
| ARRY | F | 0.64% | 0.53% | 0.53% | |
| BE | B | 1.68% | 1.62% | 1.62% | |
| CHPT | F | 0.26% | 0.27% | 0.26% | |
| CLNE | F | 0.35% | 0.36% | 0.35% | |
| CWEN | C | 1.26% | 1.21% | 1.21% | |
| ENPH | F | 4.45% | 2.39% | 2.39% | |
| FSLR | F | 7.28% | 3.26% | 3.26% | |
| ITRI | C | 2.94% | 2.99% | 2.94% | |
| LCID | F | 2.82% | 2.83% | 2.82% | |
| MNTK | F | 0.34% | 0.4% | 0.34% | |
| NEP | F | 0.88% | 0.85% | 0.85% | |
| NOVA | F | 0.28% | 0.23% | 0.23% | |
| ORA | B | 2.67% | 2.65% | 2.65% | |
| PLUG | F | 0.96% | 0.77% | 0.77% | |
| RIVN | F | 5.43% | 4.73% | 4.73% | |
| RUN | F | 1.35% | 1.19% | 1.19% | |
| SHLS | F | 0.48% | 0.52% | 0.48% | |
| TSLA | B | 12.33% | 9.97% | 9.97% |
QCLN Overweight 26 Positions Relative to RNEW
| Symbol | Grade | Weight | |
|---|---|---|---|
| ON | D | 7.3% | |
| AYI | B | 5.49% | |
| ALB | B | 4.8% | |
| OLED | F | 3.64% | |
| AEIS | C | 2.35% | |
| ENS | F | 2.18% | |
| ALGM | D | 2.14% | |
| POWI | F | 1.96% | |
| HASI | D | 1.78% | |
| MP | C | 1.71% | |
| FLNC | D | 1.51% | |
| VICR | C | 0.98% | |
| SQM | D | 0.85% | |
| RNW | D | 0.72% | |
| AMSC | B | 0.68% | |
| ASPN | F | 0.65% | |
| PSNY | F | 0.58% | |
| WOLF | F | 0.54% | |
| SEDG | F | 0.41% | |
| WLDN | C | 0.33% | |
| LYTS | B | 0.33% | |
| EOSE | D | 0.27% | |
| LNZA | F | 0.13% | |
| BLNK | F | 0.09% | |
| WBX | F | 0.08% | |
| TPIC | F | 0.06% |
QCLN Underweight 19 Positions Relative to RNEW
QCLN: Top Represented Industries & Keywords
RNEW: Top Represented Industries & Keywords
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