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
14
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
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% |
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% |
IBAT: Top Represented Industries & Keywords
QCLN: Top Represented Industries & Keywords