IBAT vs. QCLN ETF Comparison

Comparison of iShares Energy Storage & Materials ETF (IBAT) to First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN)
IBAT

iShares Energy Storage & Materials ETF

IBAT Description

The index measures the performance of equity securities of companies involved in energy storage solutions aiming to support the transition to a low carbon economy, including hydrogen, fuel cells, and batteries as determined by STOXX Ltd. The fund generally will invest at least 90% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.39

Average Daily Volume

352

Number of Holdings *

14

* 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

$33.64

Average Daily Volume

114,314

Number of Holdings *

46

* may have additional holdings in another (foreign) market
Performance
Period IBAT QCLN
30 Days -2.72% 0.69%
60 Days -5.60% -3.34%
90 Days -3.88% -5.93%
12 Months -5.85%
7 Overlapping Holdings
Symbol Grade Weight in IBAT Weight in QCLN Overlap
BE B 2.84% 1.68% 1.68%
CHPT F 0.29% 0.26% 0.26%
ENPH F 2.74% 4.45% 2.74%
ENS F 2.55% 2.18% 2.18%
FLNC D 0.84% 1.51% 0.84%
PLUG F 0.98% 0.96% 0.96%
SEDG F 0.4% 0.41% 0.4%
IBAT Overweight 7 Positions Relative to QCLN
Symbol Grade Weight
APD A 7.15%
ETN A 3.68%
LIN C 2.99%
DOW F 1.21%
QS F 1.08%
FCEL B 0.07%
STEM F 0.04%
IBAT Underweight 39 Positions Relative to QCLN
Symbol Grade Weight
TSLA B -12.33%
ON D -7.3%
FSLR F -7.28%
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%
ALGM D -2.14%
POWI F -1.96%
HASI D -1.78%
MP C -1.71%
RUN F -1.35%
CWEN C -1.26%
VICR C -0.98%
NEP F -0.88%
SQM D -0.85%
RNW D -0.72%
AMSC B -0.68%
ASPN F -0.65%
ARRY F -0.64%
PSNY F -0.58%
WOLF F -0.54%
AMRC F -0.51%
SHLS F -0.48%
AMPS C -0.36%
CLNE F -0.35%
MNTK F -0.34%
WLDN C -0.33%
LYTS B -0.33%
NOVA F -0.28%
EOSE D -0.27%
LNZA F -0.13%
BLNK F -0.09%
WBX F -0.08%
TPIC F -0.06%
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