QCLN

First Trust Nasdaq Clean Edge Green Energy Index Fund

First Trust NASDAQ Clean Edge Green Energy Index Fund seeks investment results that correspond generally to the price and yield of the NASDAQ Clean Edge U.S. Liquid Series Index, which tracks cl


US

EQUITY

Passive

MANAGEMENT STYLE

575.6 M

ASSETS UNDER MGMT

58 bp

EXPENSES
Fund Basics
Fund sponsorFirst Trust Advisors LP
CategoryUS
Asset classEquity
Websitelink...
Inception dateFeb 08, 2007
Assets (mns)$576
Expense ratio58 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
TESLA MOTORS INC 15.8 %
RIVIAN AUTOMOTIVE INC-A 6.9 %
FIRST SOLAR INC 6.8 %
ON SEMICONDUCTOR CORPORATION 6.6 %
ACUITY BRANDS INC 4.8 %
ENPHASE ENERGY INC 4.7 %
ALBEMARLE CORP 4.3 %
BROOKFIELD RENEWABLE PARTNERS LP 3.5 %
UNIVERSAL DISPLAY CORP 3.3 %
LUCID GROUP, INC. 3.2 %
Constituent Breakdown
Number of holdings54
Herfindahl-Hirschman Index 477
Wgt avg mkt cap (mns)$158,496
Large cap (>$10bn)49.6%
Mid cap ($2-10bn)36.6%
Small cap (<$2bn)13.8%
Developed mkts.98.4%
Emerging mkts.1.7%
Country Exposure
UNITED STATES 94.0 %
CANADA 3.8 %
INDIA 0.9 %
CHILE 0.8 %
Historical Performance


Standardized Performance (as of 11/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns -14.3% -1.1% -21.3% -22.1% 9.9% 8.1% 3.9%
Volatility 33.8% 35.6% 35.1% 39.8% 42.0% 33.2% --
Market Correlations
versus...BetaR-squared
S&P 5001.4642%
MSCI EAFE1.3234%
MSCI Emg Mkts1.1827%
Liquidity Measures
Avg. volume (000)124
Turnover0.8%
Avg. Bid/Ask (% of price)0.09%
ADV of underlying (mns)$22,642
Technical Indicators
Recent close$34.68
30d moving avg.$34.97
Annualized volatility39.6%
Relative strength (RSI)46
Short interest (ETF)0.4%
Short interest (underlying)7.6%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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Risk and Returns: QCLN vs. Comps (1 YR)

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Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
1.9 46.9 2.3 1.0% --
Based on closing prices from 12/20/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
QCLN



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Rating

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.

ALTAR Score™

QCLN

-3.0%

Cat. Avg

5.6%


ALTAR Score™ Calculation

Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™ of 5.6% and a standard deviation of 2.6%. QCLN's ALTAR Score™ is approximately 3.3 standard deviations below the category average. This places QCLN in the 1st percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

QCLN
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Passive
US Equity ETFs
# of ETFs 192
Avg. Expense Ratio 31.0 bp
Std. Deviation 25.7 bp
QCLN (58 bp) Percentile rank 85
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
QCLN 58.0 9.1 67.1
Peer Avg. 28.8 6.6 35.4
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .