PAVE vs. QCLN ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN)

PAVE

Global X U.S. Infrastructure Development ETF

PAVE Description

The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.

Grade (RS Rating)

Last Trade

$41.02

Average Daily Volume

1,100,449

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

$35.07

Average Daily Volume

108,507

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	QCLN
30 Days	8.78%	4.14%
60 Days	12.11%	8.55%
90 Days	12.08%	-1.18%
12 Months	38.18%	-9.45%

1 Overlapping Holdings

	Symbol	Grade	Weight in PAVE	Weight in QCLN	Overlap
	AYI	A	0.63%	4.1%	0.63%

PAVE Overweight 97 Positions Relative to QCLN

Symbol	Grade	Weight
TT	A	3.82%
URI	C	3.49%
ETN	B	3.39%
PH	A	3.35%
PWR	A	3.23%
HWM	A	3.08%
SRE	C	2.9%
EMR	B	2.84%
MLM	F	2.68%
DE	C	2.68%
FAST	C	2.56%
NSC	C	2.56%
UNP	F	2.52%
VMC	D	2.48%
CSX	D	2.46%
ROK	D	2.2%
NUE	D	2.18%
FTV	C	2.07%
BLDR	C	1.79%
HUBB	A	1.71%
CSL	A	1.63%
STLD	C	1.52%
EME	B	1.51%
WLK	C	1.44%
RS	D	1.24%
J	F	1.23%
IEX	D	1.21%
PNR	C	1.2%
RPM	A	1.16%
TRMB	B	1.15%
GGG	C	1.1%
ACM	A	1.05%
BLD	D	0.96%
TTEK	A	0.94%
WMS	D	0.91%
LECO	D	0.82%
RRX	B	0.82%
TPC	A	0.79%
WWD	C	0.77%
EXP	C	0.75%
MTZ	A	0.72%
POWL	B	0.7%
CR	A	0.67%
RBC	C	0.65%
ATI	C	0.64%
WCC	D	0.64%
MLI	B	0.63%
X	F	0.59%
CRS	B	0.59%
LPX	C	0.58%
AGX	A	0.57%
USLM	C	0.53%
AA	B	0.51%
STRL	B	0.5%
CMC	D	0.48%
BMI	A	0.48%
CLF	D	0.48%
ZWS	A	0.46%
VMI	B	0.45%
EXPO	A	0.44%
PRIM	A	0.44%
CSWI	A	0.43%
DY	C	0.43%
GVA	A	0.43%
MDU	C	0.42%
DXPE	C	0.41%
ROAD	C	0.41%
NWPX	B	0.39%
KNF	B	0.38%
MWA	A	0.38%
CENX	C	0.36%
SUM	F	0.35%
HRI	B	0.34%
TRN	C	0.34%
ACA	C	0.34%
DNOW	F	0.33%
MRC	D	0.31%
MTX	C	0.29%
GRC	B	0.29%
GBX	C	0.28%
HAYN	B	0.28%
TEX	F	0.26%
CXT	F	0.24%
HEES	D	0.24%
CMCO	D	0.24%
IIIN	F	0.23%
ASTE	F	0.23%
MTRN	F	0.23%
ATKR	F	0.23%
ROCK	D	0.22%
CALX	C	0.22%
WNC	F	0.19%
MTUS	F	0.18%
MYRG	D	0.18%
RYI	D	0.15%
TITN	F	0.13%
CTOS	F	0.13%

PAVE Underweight 45 Positions Relative to QCLN

Symbol	Grade	Weight
TSLA	C	-9.42%
FSLR	C	-8.71%
ON	F	-7.4%
ENPH	F	-7.36%
RIVN	F	-5.58%
ALB	D	-4.12%
OLED	B	-4.11%
LCID	F	-3.46%
ITRI	C	-2.45%
ALGM	F	-2.39%
ORA	C	-2.37%
RUN	D	-2.1%
ENS	B	-2.07%
HASI	B	-2.03%
AEIS	B	-2.0%
POWI	F	-1.83%
MP	C	-1.54%
FLNC	C	-1.5%
NEP	D	-1.33%
CWEN	C	-1.28%
BE	F	-1.24%
ASPN	C	-1.12%
PLUG	D	-1.02%
SQM	D	-0.85%
PSNY	D	-0.81%
RNW	D	-0.78%
VICR	C	-0.71%
SEDG	F	-0.67%
AMRC	C	-0.67%
NOVA	F	-0.66%
WOLF	F	-0.65%
ARRY	F	-0.52%
SHLS	F	-0.49%
AMSC	C	-0.45%
MNTK	D	-0.39%
CLNE	C	-0.35%
CHPT	F	-0.3%
EOSE	B	-0.29%
WLDN	B	-0.29%
AMPS	F	-0.27%
LYTS	B	-0.24%
LNZA	D	-0.17%
TPIC	C	-0.11%
WBX	F	-0.11%
BLNK	F	-0.09%