RAYS vs. QCLN ETF Comparison

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

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

$10.85

Average Daily Volume

5,663

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$32.28

Average Daily Volume

191,568

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAYS	QCLN
30 Days	-9.51%	-6.57%
60 Days	-7.58%	-9.93%
90 Days	-2.43%	-8.66%
12 Months	-41.12%	-25.78%

11 Overlapping Holdings

Symbol	Grade	Weight in RAYS	Weight in QCLN	Overlap
AMPS	D	0.4%	0.31%	0.31%
ARRY	F	2.59%	0.97%	0.97%
AY	A	1.72%	1.25%	1.25%
ENPH	F	10.78%	7.53%	7.53%
FSLR	A	10.47%	9.83%	9.83%
MAXN	F	0.12%	0.05%	0.05%
NOVA	F	0.51%	0.24%	0.24%
RUN	F	2.46%	1.15%	1.15%
SEDG	F	3.83%	1.74%	1.74%
SHLS	F	1.74%	0.76%	0.76%
SPWR	F	0.21%	0.18%	0.18%

RAYS Overweight 1 Positions Relative to QCLN

	Symbol	Grade	Weight
	CSIQ	F	0.98%

RAYS Underweight 38 Positions Relative to QCLN

Symbol	Grade	Weight
TSLA	C	-7.48%
ON	D	-7.46%
ALB	D	-7.1%
AYI	D	-4.17%
OLED	F	-3.98%
RIVN	F	-3.34%
LCID	F	-3.03%
ALGM	D	-3.02%
ITRI	B	-2.31%
ORA	C	-2.07%
POWI	D	-2.06%
ENS	D	-1.98%
AEIS	D	-1.88%
WOLF	F	-1.68%
HASI	D	-1.53%
MP	C	-1.53%
NEP	B	-1.47%
BE	B	-1.15%
FLNC	B	-1.13%
SQM	D	-1.08%
CWEN	A	-1.02%
PLUG	F	-0.88%
RNW	D	-0.77%
VICR	F	-0.59%
ASPN	D	-0.59%
AMRC	F	-0.39%
MNTK	F	-0.29%
CHPT	F	-0.28%
CLNE	F	-0.27%
LYTS	A	-0.24%
AMSC	C	-0.23%
LNZA	F	-0.22%
FCEL	F	-0.2%
STEM	F	-0.14%
WBX	D	-0.14%
BLNK	F	-0.13%
LEV	F	-0.11%
PSNY	F	-0.08%

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